Graco stock: buy or sell?

GGG stock price: $56.34 -0.51% At close on February 21st, 2020

Updated on:
February 21st, 2020

5

Graco declined -0.51% today to $56.34 after reaching all time highs on Feb 19th.

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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading strategy that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

These 2 buy setups match with Graco stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Graco stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for GGG stock for the last 30 days.

Graco stock analysis

Daily outlook

After topping to all time highs on Feb/19, Graco declined -0.51% to $56.34.

After several days of continuous hikes in past weeks, Graco declined -0.51% to $56.34. Since SMA100d and SMA200d crossed up on Feb 3rd, GGG price climbed $3.19 per share (6.00%). Since price and SMA200d lines crossed up on December, GGG climbed $8.96 (18.91%). From a daily perspective, GGG is in a short term uptrend after plotting its last bottom ($55.65, on Tuesday) higher than the previous bottom, and its last top ($56.99, on Feb/19) also over the previous top. Now trading in between its last bottom and last top GGG might consolidate in a plain range, waiting to break out over $56.99 or down under $55.65. On February 19th, GGG hit new all time highs, pushing higher previous ATH of $56.56 recorded on Feb/14. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

GGG stock chart (daily)

Weekly outlook

Graco ended this week at $56.34 after topping to a new all time high ($56.99) and stepped up a slightly good 0.55%. With this, it's been 4 climbing weeks in a row, soaring a 8.20%.

GGG shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late January, GGG climbed unceasignly breaking out to new all time highs. Late January, SMA20w and SMA40w crossed up triggering a rise of 5.90%. Since price and SMA40w lines crossed up by mid November 2019, GGG climbed $8.70 (18.26%).

GGG stock chart (weekly)

Graco stock price history

Graco IPO was on January 2nd, 1992 at $0.01 per share1. Since then, GGG stock surged a 563,300.00%, with a yearly average of 20,117.90%. If you had invested $1,000 in Graco stock in 1992, it would worth $5,633,000.00 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

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. 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 month we have not found any price target for Graco stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on April, Graco . Unfortunately, reported EPS is not yet available in our database.
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

In 2018, Graco annual sales rocketed an astounding 12.11% to $1,653.29 million USD from $1,474.74 marked in 2017. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) stepped up a 3.51% to 20.63%.

Graco fiscal year ends 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 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem Graco business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, stayed constant a tight -0.09%. In line, profit margin (net income/revenues) stayed stable at 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 M 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 sales to same quarter last year, Graco sales marked a neutral movement 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 invest in a stock, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Graco, 1.17% of all outstanding shares are owned by its staff.

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$9.4 B
Total shares166.8 M
Float shares164.8 M
  - Institutional holdings (%)86.6%
  - Insider holdings (%)1.2%
Shares in short selling0.0%

Graco summary

Friday, February 21st, 2020
Open$56.27
Close$56.34
Day range$55.90 - $56.46
Previous close$56.63
Session gain-0.51%
Average true range$0.84
50d mov avg$53.20
100d mov avg$49.80
200d mov avg$48.72
Daily patternlt06a
Weekly pattern lb03c

Graco performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected as the bechmarking frame for Graco stock.
Stock3m6m12m
GGGGraco17.77%28.54%20.72%

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