Graco Inc. (GGG)
NYSE: GGG · IEX Real-Time Price · USD
83.02
-0.39 (-0.47%)
May 17, 2024, 4:00 PM EDT - Market closed
Graco Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Graco stock have an average target of 91.75, with a low estimate of 87 and a high estimate of 100. The average target predicts an increase of 10.52% from the current stock price of 83.02.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Graco stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $90 → $87 | Hold | Maintains | $90 → $87 | +4.79% | Apr 26, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $91 → $93 | Buy | Maintains | $91 → $93 | +12.02% | Jan 31, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $90 → $100 | Strong Buy | Maintains | $90 → $100 | +20.45% | Jan 11, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $94 → $91 | Buy | Maintains | $94 → $91 | +9.61% | Jul 28, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $79 → $87 | Hold | Maintains | $79 → $87 | +4.79% | Jul 10, 2023 |
Financial Forecast
Revenue This Year
2.28B
from 2.20B
Increased by 3.80%
Revenue Next Year
2.39B
from 2.28B
Increased by 4.74%
EPS This Year
3.19
from 2.94
Increased by 8.48%
EPS Next Year
3.40
from 3.19
Increased by 6.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.4B | 2.5B | 2.8B | 3.1B | 3.5B |
| Avg | 2.3B | 2.4B | 2.5B | 3.0B | 3.4B |
| Low | 2.2B | 2.3B | 2.4B | 2.9B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.7% | 10.5% | 15.5% | 20.6% | 19.6% |
| Avg | 3.8% | 4.7% | 6.8% | 16.0% | 15.0% |
| Low | -0.4% | 0.4% | 1.0% | 12.5% | 11.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.52 | 3.79 | 4.06 | 4.33 | 4.88 |
| Avg | 3.19 | 3.40 | 3.70 | 4.16 | 4.70 |
| Low | 3.00 | 3.21 | 3.44 | 4.04 | 4.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.6% | 18.9% | 19.4% | 16.9% | 17.3% |
| Avg | 8.5% | 6.7% | 8.7% | 12.5% | 12.9% |
| Low | 2.0% | 0.8% | 1.1% | 9.2% | 9.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.