Following the Asian B2B company’s news that it is on the hook for an acquisition, those investors traded out of the stock aggressively. It ended the day more than 25% lower, while the S&P 500 index only slumped by 0.6%. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Graco’s stock split on the morning of Thursday, December 28th 2017. The 3-1 split was announced on Friday, December 8th 2017.

Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company’s Contractor segment offers sprayers to apply paint to walls and other structures; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. It sells its products through distributors, original equipment manufacturers, and home center channels; and directly to end-users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

To see all exchange delays and terms of use please see Barchart’s disclaimer. Graco’s stock was trading at $67.26 on January 1st, 2023. Since then, GGG stock has increased by 11.8% and is now trading at $75.21.

Graco Return vs. S&P

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

Graco MarketRank™ Forecast

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Graco’s stock is owned by many different retail and institutional investors. 85 employees have rated Graco Chief Executive Officer Patrick J. McHale on Glassdoor.com. Patrick J. McHale has an approval rating of 93% among the company’s employees.

These are established companies that reliably pay dividends. Graco announced a quarterly dividend on Friday, June 16th. Stockholders of record on Monday, July 17th will be paid a dividend of $0.235 per share on Wednesday, August 2nd. This represents a $0.94 annualized dividend and a dividend yield of 1.25%.

About MarketBeat

Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of GGG’s
competitive advantage. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in best books for share market beginners any of the stocks mentioned. Well before market open, GigaCloud divulged that it has entered into an agreement to acquire the bulk of privately held Noble House Home Furnishings and several affiliates. For this, the specialty tech company is to pay $85 million.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

Graco Inc. said Friday it is raising its quarterly divided by 12%, to 21 cents a share from 18.75 cents. Shareholders of record as of Jan. 18 will be paid the dividend on on Feb. 2. According to 5 analysts, the average rating for GGG stock is „Buy.” The 12-month stock price forecast is $83.6, which is an increase of 11.16% from the latest price. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Newell Rubbermaid Inc. on Friday reported core sales grew in all of its businesses in the latest quarter, led by continued strength in the segment that includes Sharpie markers and Paper Mate pens, as earnings fell.

The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Graco saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,550,000 shares, a decline of 12.4% from the August 15th total of 1,770,000 shares. Based on an average daily volume of 698,700 shares, the days-to-cover ratio is currently 2.2 days.

Newell Rubbermaid Inc. said its first-quarter profit slipped 2.4% as sales declined in most segments, particularly its baby and parenting business, which was hit by a product recall earlier this year. When it comes to picking good companies for investments, investors are best advised to ignore the whales or giants, and instead focus on the big fishes in small ponds. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

The ex-dividend date of this dividend is Friday, July 14th. 4 Wall Street analysts have issued „buy,” „hold,” and „sell” ratings for Graco in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should „moderate buy” GGG shares. Graco stock rises on earnings, outlook beat

Graco Inc. shares rose in the extended session Monday after the pump and spray equipment producer’s quarterly results and outlook topped Wall Street estimates.

Sales & Book Value

This puts Patrick J. McHale in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
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• Graco stock rises on earnings, outlook beat

  Graco Inc. shares rose in the extended session Monday after the pump and spray equipment producer’s quarterly results and outlook topped Wall Street estimates.

• The newly issued shares were issued to shareholders after the closing bell on Wednesday, December 27th 2017.
• Graco announced a quarterly dividend on Friday, June 16th.
• Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

View analysts price targets for GGG or view top-rated stocks among Wall Street analysts. Graco is a wide-moat industrial firm that has consistently delivered returns on invested capital above 20%. The company differentiates itself by manufacturing specialized products that handle difficult-to-move liquids, often used for niche applications where competition is limited. The firm offers a wide array of products, including pumps used to move peanut butter or caramel, automotive paint spray systems, and injection pumps for the oil and gas industry. Graco Inc. said Friday its board has approved a 7.1% hike in its quarterly dividend to 18.75 cents a share. The maker of equipment used to move and spray fluid and powder materials said the new dividend will be payable Fe…

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Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of GGG stock can currently be purchased for approximately $75.21. Compare
GGG’s historical performance
against its industry peers and the overall market.

GGG earnings call for the period ending December 25, 2020. GGG earnings call for the period ending September 30, 2021. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (’V’ https://1investing.in/ for Value, 'G’ for Growth and 'M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

Currently, 0.9% of the shares of the stock are short sold. Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment. Newell Rubbermaid Inc. on Friday reported a 9.7% increase in third-quarter earnings amid continued strength in the segment that includes Sharpie markers and Paper Mate pens, and issued 2016 guidance in line with analyst ex… Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. A looming acquisition by their company wasn’t making GigaCloud Technology’s (GCT -2.29%) shareholders very happy on Tuesday.