Graco (GGG) Stock

Graco's yearly results were in line with expectations, even though sales fell by 4%, while they kept a 53% gross margin and a solid cash position, resulting in a 2.8% drop in stock price. The company's reinvestment rate reached 103% of NOPAT because of higher capital expenditures and mergers and acquisitions, which affected short-term returns but indicate potential for long-term growth. Graco continues to generate strong cash flow with a 106% conversion rate, limited share buybacks, increasing dividends, and $675 million available for future acquisitions.

Graco's financial results for 2024 were not good, showing drops in revenue, operating earnings, and diluted EPS, which resulted in a "Hold" rating for their stock. Although the stock rose by 5% over the past seven months, it is still considered overvalued due to high valuation multiples and low growth predictions for 2025. The company is trying to improve its growth through restructuring, but all parts of the business faced challenges in 2024, with the Contractor segment doing the best.

Graco Inc. (NYSE:GGG) will hold its Q4 2024 Earnings Conference Call on January 28, 2024, at 11:00 AM ET. Key company participants include Chris Knutson, Mark Sheahan, and David Lowe, while various analysts from firms like RBC Capital Markets and Goldman Sachs will also join the call. To listen to a replay of the call, please visit Graco's website at www.graco.com.

Graco Inc. (GGG) reported quarterly earnings of $0.64 per share, which is lower than the Zacks Consensus Estimate of $0.76 per share. This is also a decrease from the earnings of $0.80 per share from the same period last year.

Graco Inc. (NYSE: GGG) has released its financial results for the fourth quarter ending December 27, 2024. In comparison to the same period last year, net sales decreased by 3% to $548.7 million, while operating earnings fell by 23% to $130.0 million. Overall, net earnings showed a slight decline of 1%, totaling $108.7 million.

Graco Inc. (NYSE: GGG) has announced that it will publish its Fourth Quarter 2024 earnings after the New York Stock Exchange closes on January 27, 2025. The complete earnings announcement will be accessible on the company's website at investors.graco.com. Additionally, Graco's management will host a conference call with analysts and institutional investors to discuss the results on January 28 at 11 a.m. EST / 10 a.m. CST.

GGG is facing challenges due to a decline in the Industrial sector and rising operating expenses. Additionally, unfavorable changes in foreign currency rates are a worrying factor.

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a top maker of fluid handling equipment, has published its third environmental, social, and governance (ESG) report. This report emphasizes Graco's dedication to being transparent, responsible, and improving in areas like product development, operations, workplace environment, and community contributions. It also showcases the growing range of electrically powered products that Graco is introducing.

Graco Inc. (NYSE:GGG), a top manufacturer of fluid handling equipment, has released unaudited financial information on its "For Investors" page at www.graco.com. This information updates the company's historical segment financial data to align with its new organizational structure. Starting January 1, 2025, Graco will categorize its business into three main segments: Contractor, Industrial, and Expansion Mar.