Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
United StatesIPO:
17 March 1980Website:
http://www.graco.comNext earnings report:
26 July 2024Last dividends:
12 April 2024Next dividends:
22 July 2024Price
after hours | Wed, 03 Jul 2024 18:49:27 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
GGG Latest News
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 25.5 cents ($0.255) per common share, payable on August 7, 2024, to shareholders of record at the close of business on July 22, 2024. The Company has approximately 169.0 million shares outstanding. ABOUT GRACO Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and ma.
Graco (GGG) is set to gain from investments in manufacturing facilities and product innovation. The company's measures to reward its shareholders are encouraging.
The top baby gear brand is introducing a new swing and bassinet with advanced technology that can detect and respond to a baby's cries. The SmartSense™ Soothing Bassinet and SmartSense™ Soothing Swing offer over 1,000 comforting combinations inspired by natural parental soothing motions.
Graco's (GGG) sales for the first quarter of 2024 declined by 7% compared to the previous year, mainly because of reduced demand in the Industrial, Process, and Contractor segments.
The key figures for Graco (GGG) offer a glimpse into the company's performance in the first quarter of 2024, but it could be beneficial to analyze certain metrics in comparison to Wall Street expectations and previous year's results.
Graco Inc. (GGG) reported quarterly earnings of $0.65 per share, falling short of the Zacks Consensus Estimate of $0.74 per share. This is lower than the earnings of $0.74 per share from the same period last year.
Graco (GGG) lacks the necessary ingredients for a potential earnings beat in its upcoming report. Be ready 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.
What type of business is Graco?
Graco Inc. is an American company headquartered in Minneapolis, Minnesota, that designs and manufactures equipment and systems for moving, measuring, controlling, dosing, and spraying liquid and powder materials. It is a leader in its field, serving customers worldwide in the manufacturing, processing, construction, and maintenance industries. It was founded in April 1926. Today, it is a global company with regional headquarters in China, Uruguay, and Belgium, with manufacturing and distribution centers located around the world. End users of the products include manufacturers of automotive, commercial, recreational, military, municipal equipment; aerospace, agricultural, construction, woodworking, metallurgical industries, and various other industrial sectors.
What sector is Graco in?
Graco is in the Industrials sector
What industry is Graco in?
Graco is in the Specialty Industrial Machinery industry
What country is Graco from?
Graco is headquartered in United States
When did Graco go public?
Graco initial public offering (IPO) was on 17 March 1980
What is Graco website?
https://www.graco.com
Is Graco in the S&P 500?
No, Graco is not included in the S&P 500 index
Is Graco in the NASDAQ 100?
No, Graco is not included in the NASDAQ 100 index
Is Graco in the Dow Jones?
No, Graco is not included in the Dow Jones index
When does Graco report earnings?
The next expected earnings date for Graco is 26 July 2024