GGG Stock Recent News

The headline numbers for Graco (GGG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Graco Inc. (GGG) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.74 per share a year ago.

Graco (GGG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Graco's (GGG) TruMix XT frees up labor from the mix station and eradicates mixing errors, which results in low material waste and increased material working time.

Graco (GGG) is set to gain from the solid momentum in the Industrial segment due to end-market strength in the Americas region. The company's measures to reward its shareholders are encouraging.

Graco's all-time high stock performance and its substantial outperformance of the S&P500 highlight its market strength, though its current high valuation suggests caution. An overview of Graco's diverse business underlines its strategic market positioning and contribution to sustained growth. Despite Graco's solid fundamentals, the stock's high valuation leads to a hold rating, suggesting waiting for a more attractive entry point aligned with its fair value.

Graco Inc. (GGG) reported earnings 30 days ago. What's next for the stock?

Solid momentum in the Industrial segment due to end-market strength in the Americas region bodes well for Graco (GGG). The company's measures to reward its shareholders are encouraging.

Graco's (GGG) Q4 results benefit from strong performances of Industrial, Process and Contractor segments, driven by strength in the Americas and EMEA regions.

Graco Inc. (GGG) Q4 2023 Earnings Call Transcript