Professional
Added to YB: 2024-10-21
Pitch date: 2024-10-11
GGG [bullish]
Graco Inc.
-1.61%
current return
Author Info
No bio for this author
Company Info
Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, mix, control, dispense, and spray fluid and powder materials in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$13.8B
Pitch Price
$84.94
Price Target
N/A
Dividend
1.32%
EV/EBITDA
19.18
P/E
28.50
EV/Sales
6.06
Sector
Machinery
Category
value
Madison Mid Cap Fund New Position: Graco Inc.
GGG: Leading fluid handling equipment maker w/ 40% revenue from stable parts/accessories. Premium products offer strong ROI, small % of customer costs. High pricing power, 50%+ gross margin, ~30% EBIT margin. Strong management. Stock underperforming on economic weakness, providing good entry at reasonable valuation.
Read full article (1 min)