GGG Stock Recent News

Graco (GGG) is set to gain from investments in manufacturing facilities and product innovation. The company's measures to reward its shareholders are encouraging.

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG), a leading manufacturer of fluid handling equipment, today announced the launch of Pulse® Asset. An extension of Graco's proven Pulse Pro Fluid Management system, Pulse Asset is a platform-based system that features programmable ID tags to track what machines are getting filled, how much fluid is used, who did the dispense and when the dispense occurred. This system is designed for applications like manufacturing facilities where wireless sig.

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions to reinvent how the world cleans, today announced the appointment of Mark W. Sheahan, President and Chief Executive Officer of Graco Inc. (NYSE: GGG), to the Tennant Company Board of Directors, effective May 15, 2024. Mr. Sheahan is the CEO of Graco Inc., a global manufacturer of products and solutions for the management of fluids and coatings. With nearly three decade.

Graco's (GGG) first-quarter 2024 sales decrease 7% year over year due to decreasing demand in the Industrial, Process and Contractor segments.

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.