News articles about Graco (NYSE:GGG) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Graco earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.7827124936659 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Several research analysts have weighed in on GGG shares. Wolfe Research started coverage on Graco in a research report on Tuesday, July 11th. They set an “underperform” rating and a $100.00 price target on the stock. FBR & Co reaffirmed a “marketperform” rating on shares of Graco in a research report on Tuesday, July 11th. BidaskClub lowered Graco from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 22nd. Deutsche Bank AG reaffirmed a “hold” rating and set a $110.00 price target (up previously from $105.00) on shares of Graco in a research report on Monday, June 5th. Finally, Zacks Investment Research lowered Graco from a “buy” rating to a “hold” rating in a research report on Monday, July 10th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $106.20.

Graco (NYSE GGG) traded up 1.01% on Friday, hitting $116.68. The company had a trading volume of 197,326 shares. The stock has a market capitalization of $6.53 billion, a PE ratio of 74.04 and a beta of 1.24. Graco has a one year low of $69.33 and a one year high of $117.27. The stock has a 50 day moving average of $112.57 and a 200-day moving average of $104.93.

Graco (NYSE:GGG) last announced its quarterly earnings data on Wednesday, July 26th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.06 by $0.32. The business had revenue of $379.50 million during the quarter, compared to the consensus estimate of $369.36 million. Graco had a net margin of 6.50% and a return on equity of 40.21%. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.89 earnings per share. Equities analysts anticipate that Graco will post $4.53 EPS for the current year.

In other news, VP Karen Park Gallivan sold 12,242 shares of Graco stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $115.00, for a total transaction of $1,407,830.00. Following the completion of the sale, the vice president now owns 27,264 shares of the company’s stock, valued at $3,135,360. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Peter J. O’shea sold 15,986 shares of Graco stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $113.50, for a total transaction of $1,814,411.00. Following the sale, the vice president now directly owns 20,638 shares of the company’s stock, valued at approximately $2,342,413. The disclosure for this sale can be found here. Insiders have sold 30,228 shares of company stock valued at $3,222,461 in the last ninety days. Insiders own 5.70% of the company’s stock.

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Graco Company Profile

Graco Inc designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. The Company specializes in equipment for applications that involve materials with viscosities, materials with abrasive or corrosive properties, and multiple-component materials that require ratio control.

Insider Buying and Selling by Quarter for Graco (NYSE:GGG)

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