The Street Is Finally Waking Up To Graco Inc. (NYSE: GGG)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Graco Announces Regular Quarterly Dividend.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Graco Inc. is listed on the NYSE as a member of the Industrials sector and is a part of the Specialty Industrial Machinery industry. The current market capitalization of Graco Inc. is $15.79B. A total of 0.86 million shares were traded on the day, compared to an average of 635.14K shares.

In the most recent transaction, Rothe Christian E sold 10,000 shares of GGG for 91.02 per share on Mar 29 ’24. After the transaction, the President, Industrial Division now owns 25,583 company shares. In a previous transaction on Mar 11 ’24, FERAGEN JODY H sold 5,036 shares at 92.29 per share. GGG shares that Director owns now total 44,903.

Among the insiders who sold shares, White Timothy R disposed of 2,500 shares on Mar 08 ’24 at a per-share price of $92.82. This resulted in the Pres., Worldwide Process Div holding 48,282 shares of GGG after the transaction. In another insider transaction, Rothe Christian E sold 9,012 shares at $90.07 per share on Feb 29 ’24. Company shares held by the President, Industrial Division now total 35,583.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Graco Inc. pays an annual dividend of $0.96, resulting in a dividend yield of 1.02%, and it has a price to earnings (P/E) ratio of 31.92. GGG’s most recent ex-dividend date was 4/12/2024 when it declared a $0.2550 quarterly dividend that was paid in cash on 5/1/2024. Previously, the company paid the dividend on 2/7/2024 with an ex-dividend date of 1/19/2024. The GGG stock dividend was $0.2550 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, GGG has a high of $93.74 and a low of $66.17.

As of this writing, GGG has an earnings estimate of $0.74 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.79 per share and a lower estimate of $0.71. The company reported an EPS of $0.76 in the last quarter, which was 4.10% higher than expectations of $0.73.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GGG’s latest balance sheet shows that the firm has $624.30M in Cash & Short Term Investments as of fiscal 2021. There were $226.11M in debt and $506.79M in liabilities at the time. Its Book Value Per Share was $13.24, while its Total Shareholder’s Equity was $1.71B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GGG is Buy with a score of 3.50.

Most Popular

Related Posts