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Last $70.15 USD
Change Today +0.61 / 0.88%
Volume 475.7K
GGG On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

graco inc (GGG) Snapshot

Open
$70.04
Previous Close
$69.54
Day High
$70.38
Day Low
$69.70
52 Week High
12/29/14 - $82.14
52 Week Low
07/20/15 - $65.50
Market Cap
4.0B
Average Volume 10 Days
488.8K
EPS TTM
$3.87
Shares Outstanding
57.7M
EX-Date
07/16/15
P/E TM
18.1x
Dividend
$1.20
Dividend Yield
1.67%
Current Stock Chart for GRACO INC (GGG)

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graco inc (GGG) Details

Graco Inc., together with its subsidiaries, designs, manufactures, and markets equipment to pump, meter, mix, and dispense various fluids and coatings worldwide. The company’s Industrial segment offers proportioning systems that are used to spray polyurethane foam and polyurea coatings; vapor-abrasive blasting equipment; equipment that pumps, meters, mixes, and dispenses sealant, adhesive, and composite materials; and gel coat equipment, chop and wet-out systems, resin transfer molding systems, and applicators. This segment also provides pumps that move chemicals, water, waste water, petroleum, food, and other fluids. Its Contractor segment offers sprayers that apply paint to walls and other structures for the professional painters in the construction and maintenance industries, tradesmen, and do-it-yourselfers. The company’s Lubrication segment supplies pumps, hose reels, meters, valves, and accessories for fast oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders, and heavy equipment service centers; systems, components, and accessories for the automatic lubrication of industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles; products that automatically lubricate bearings, gears, and generators; and products that evacuate and dispense lubricants. It serves gas transmission and petrochemical, pulp and paper, mining and construction, agricultural equipment, food and beverage, material handling, metal manufacturing, wind energy, and oil and gas exploration industries. The company was founded in 1926 and is headquartered in Minneapolis, Minnesota.

3,100 Employees
Last Reported Date: 02/17/15
Founded in 1926

graco inc (GGG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $728.5K
Chief Financial Officer
Total Annual Compensation: $409.1K
Vice President of Corporate Manufacturing, Di...
Total Annual Compensation: $290.4K
Vice President and General Manager of Contrac...
Total Annual Compensation: $352.0K
Vice President and General Manager of Europe,...
Total Annual Compensation: $304.4K
Compensation as of Fiscal Year 2014.

graco inc (GGG) Key Developments

Graco Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 26, 2015; Provides Earnings Guidance for the Full Year of 2015

Graco Inc. reported unaudited consolidated earnings results for the first quarter ended June 26, 2015. For the quarter, the company reported net sales of $335,489,000 compared to $322,549,000 a year ago. Operating earnings were $83,891,000 compared to $85,848,000 a year ago. Net earnings were $172,637,000 or $2.90 per diluted share compared to $66,236,000 or $1.07 per diluted share a year ago. Adjusted net earnings were $62.9 million or $1.05 per share compared to $55.4 million or $0.89 per share a year ago. Net debt was $270 million as at the second quarter of 2015. For the six months, the company reported net sales of $641,942,000 compared to $612,511,000 a year ago. Operating earnings were $149,122,000 compared to $160,553,000 a year ago. Net earnings were $241,478,000 or $4.02 per diluted share compared to $116,981,000 or $1.88 per diluted share a year ago. Adjusted net earnings were $102.0 million or $1.70 per share compared to $102.5 million or $1.65 per share a year ago. Capital expenditures year-to-date has been $20 million. Cash provided by operating activities is $97 million year-to-date. The company continued to target mid-single-digit organic sales growth, on a constant currency basis, and growth in all reportable segments and regions for the full-year 2015. At current exchange rates, unfavorable changes in foreign currency translation rates create a full-year headwind of approximately 5% on sales and 11% on earnings in 2015. The company expects CapEx of $40 million for the full year of 2015.

Graco Inc. Announces Executive Changes

Graco Inc. announced that Christian E. Rothe has been appointed as the company’s Chief Financial Officer and Treasurer effective from September 1, 2015. Mr. Rothe succeeds James A. Graner who announced his planned retirement from the company. Mr. Rothe is currently Graco’s Vice President and Treasurer, a role he has held since joining the company in 2011. Mr. Rothe is currently Graco’s Vice President and Treasurer, a role he has held since joining the company in 2011.

Graco Introduces ChemSafe family of PTFE and UHMWPE Pumps

Graco Inc. introduced the new ChemSafe family of air-operated double diaphragm polytetrafluoroethylene, or PTFE and ultra-high-molecular-weight polyethylene, or UHMWPE pumps. Featuring a leak-free design and corrosion-resistant fluid paths, ChemSafe pumps are ideal for chemical and abrasive applications like acid and solvent transfer, ceramic finishing, electroplating, printing inks, slurries and wastewater treatment. The pumps feature an icing-resistant air system for stall-free operation, overmolded diaphragms which can last up to five times longer than standard diaphragms and a positive seat-check assembly that improves pump performance and suction life while reducing maintenance. ChemSafe pumps are available in five sizes, from 1/4 inch (6.3 mm) to 1.5 inches (38.1 mm), and have flow rates up to 85 gpm (322 lpm). The pumps are dead-head capable, plus they minimize air consumption and operational noise which helps to reduce energy consumption and operator fatigue.

 

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Industry Analysis

GGG

Industry Average

Valuation GGG Industry Range
Price/Earnings 12.0x
Price/Sales 3.2x
Price/Book 5.6x
Price/Cash Flow 11.5x
TEV/Sales 2.9x
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