Recent important positive changes in fundamentals have benefitted The Gorman-Rupp Co (NYSE: GRC): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly.
Important positive changes in The Gorman-Rupp Co (NYSE: GRC) investment behavior have recently occurred: its shorter term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
GRC is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Gorman-Rupp has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Gorman-Rupp has a slightly negative Appreciation Score of 37 but a good Power Rating of 78, resulting in the High Neutral Value Trend Rating.
Recent Price Action
The Gorman-Rupp Co (NYSE: GRC) stock declined modestly by -1.3% on 6/27/24. The stock closed at $35.97. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -2.2% during the last week.
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