The Gorman-Rupp Co (NYSE: GRC) has reported E.P.S. of $0.49 for its third fiscal quarter (ending September 30) versus $0.34 for the same period a year ago — an increase of 44%. For the latest four quarters through September 30, E.P.S. were $1.45 compared to $1.08 a year ago — an increase of 34%.
Recent Price Action
On 10/25/24, The Gorman-Rupp Co (NYSE: GRC) stock declined modestly by -1.9%, closing at $37.36. However, this decline was accompanied by below average trading volume at 80% of normal. The stock has performed in line with the market over the last nine months and has declined -5.3% during the last week.
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 (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Gorman-Rupp has a neutral Appreciation Score of 41 and a slightly positive Power Rating of 67, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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