Graco traded at $66.99 this Friday October 23rd, decreasing $2.29 or 3.31 percent since the previous trading session. Looking back, over the last four weeks, Graco lost 13.17 percent. Over the last 12 months, its price fell by 18.70 percent. Looking ahead, we forecast Graco to be priced at 80.26 by the end of this quarter and at 75.29 in one year, according to Trading Economics global macro models projections and analysts expectations.
Graco Inc. is a designer, manufacturer, and marketer of systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. The Company operates through three segments: Industrial, Process and Contractor. The Industrial segment includes the Industrial Products and Applied Fluid Technologies divisions. This segment markets equipment and solutions for moving and applying paints, coatings, sealants, adhesives and other fluids. The Process segment includes the Process, Oil and Natural Gas, and Lubrication divisions. This segment markets pumps, valves, meters and accessories to move and dispense chemicals, oil and natural gas, wastewater, petroleum, food, lubricants and other fluids. The Contractor segment offers sprayers that apply paint to walls and other structures, with product models for users ranging from do-it-yourself homeowners to professional painting contractors. Contractor equipment also includes sprayers that apply texture to walls and ceilings.