Graco stock: buy or sell?

GGG stock price: $45.49 -2.78% At close on March 27th, 2020

Updated on:
March 27th, 2020

2

After boosting an extraordinary 5.07% on Mar/26, Graco closed yesterday at $45.49 and fell a shocking -2.78%. On Mar 20th GGG plunged a scary -5.78%.

Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide.

Should I buy Graco stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Graco stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean GGG will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Graco stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't detect any rating for GGG stock for the last 30 days.

Graco stock analysis

Daily outlook

After boosting an extraordinary 5.07% on Mar/26, Graco closed yesterday at $45.49 and fell a shocking -2.78%.

After boosting an extraordinary 5.07% on Mar/26, Graco closed yesterday at $45.49 and fell a shocking -2.78%. Since SMA100d and SMA200d crossed up on February, GGG price slid a -14.41%. On Feb 19th, GGG hit a new all time high, pushing higher than on February 14th tops. Check different trading setups that use ATHs as triggers.

GGG stock chart (daily)

Weekly outlook

After sliding a spooky -13.21% in a week last week, Graco closed this week at $45.49 and climbed an extraordinary 10.47%.

Graco stock slid under the support what triggered further losses. Not so far away is the last price record Graco marked by mid February, but since then it dropped a 20.18%. Since price and 40-weeks moving average lines crossed down early March, GGG fell $-5.26 per share (-10.36%). Stocks below the 40w moving average line are usually not recommended for average traders. Since late January when SMA20w and SMA40w crossed up, GGG price slipped $-7.71 per share (-14.49%).

GGG stock chart (weekly)

Graco stock price history

Graco stock went public on January 2nd, 1992 with a price of $0.011. Since then, GGG stock surged a 454,800.00%, with an average of 16,242.90% per year. If you had invested $1,000 in Graco stock in 1992, it would worth $4,548,000.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Graco stock historical price chart

GGG stock reached all-time highs on Feb 19th with a price of $56.99.

Graco stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price prediction for Graco stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Graco published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this report.
GGG earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.46n/a
2017-Q32017-10-250.350.388.6%
2017-Q42018-01-290.360.34-5.6%
2018-Q12018-04-250.410.4817.1%
2018-Q22018-07-250.50.48-4.0%
2018-Q32018-10-240.460.58.7%
2018-Q42019-01-280.430.430.0%
2019-Q12019-04-240.5n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw an exceptional increase of 12.11% to $1,653.29 M dollars. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) stepped up a 3.51% to 20.63%.

Graco presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Graco TTM sales up to March 2019 were $1,651.81 and income $342.29 M dollars. When comparing this TTM figures with the last reported annuality, we can review Graco business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, remained stable a tight -0.09%. Regarding profit margin, Graco stayed stable 0.09% to 20.63%

GGG annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,100 M-$211 M19.2%-
2014$1,221 M11.01%$226 M18.5%7.00%
2015$1,286 M5.35%$346 M26.9%53.26%
2016$1,329 M3.33%$41 M3.1%-88.23%
2017$1,475 M10.94%$252 M17.1%520.57%
2018$1,653 M12.11%$341 M20.6%35.12%
TTM $1,652 M-0.09%$342 M20.7%0.36%

Quarterly financial results

Graco reported $404.87 million in revenues for 2019-Q1, a -0.39% less compared to previous quarter. Reported quarter earnings marked $86.75 million with a profit margin of 21.43%. Profit margin grew a 3.29% compared to previous quarter when profit margin was 18.14%. When comparing revenues to same quarter last year, Graco sales marked a tight move and remained stable a -0.36%. Looking back to recent quarterly results, Graco posted 3 positive quarters in a row.
GGG quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$379 M-$80 M21.0%-
2017-Q3$380 M0.09%$75 M19.9%-5.47%
2017-Q4$375 M-1.30%$36 M9.7%-51.77%
2018-Q1$406 M8.40%$86 M21.0%134.97%
2018-Q2$425 M4.48%$89 M21.0%4.25%
2018-Q3$416 M-2.03%$93 M22.3%3.97%
2018-Q4$406 M-2.28%$74 M18.1%-20.46%
2019-Q1$405 M-0.39%$87 M21.4%17.67%

Graco ownership

When you are planning to buy a company, it's worth to review its ownership structure.

Graco shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.16% of all shares.

Bearish positions for GGG stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Graco:

GGG
Market cap$7.7 B
Total shares168.5 M
Float shares165.8 M
  - Institutional holdings (%)87.2%
  - Insider holdings (%)1.2%
Shares in short selling0.0%

Graco summary

Friday, March 27th, 2020
Open$44.88
Close$45.49
Day range$44.63 - $46.57
Previous close$46.79
Session gain-2.78%
Average true range$4.03
50d mov avg$51.14
100d mov avg$50.40
200d mov avg$48.61
Daily patternlt03a
Weekly pattern lt06c

Graco performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Graco, the comparison is made against .
Stock3m6m12m
GGGGraco-12.54%0.18%-6.94%

Graco competitors

Unfortunately, we could not find any public company that could be defined as Graco competitor. This doesn't mean Graco does not have any competitor in the market, it's just we could not detected it.

    Latest Graco stock news