Gorman-Rupp (GRC) Projected to Post Quarterly Earnings on Thursday

Gorman-Rupp (NYSE:GRC - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect Gorman-Rupp to post earnings of $0.44 per share and revenue of $164.84 million for the quarter.

Gorman-Rupp (NYSE:GRC - Get Free Report) last announced its earnings results on Friday, February 7th. The industrial products company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by ($0.03). Gorman-Rupp had a return on equity of 12.79% and a net margin of 6.08%. During the same period in the prior year, the business earned $0.34 earnings per share. On average, analysts expect Gorman-Rupp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gorman-Rupp Price Performance

Shares of Gorman-Rupp stock traded up $0.56 during trading on Tuesday, hitting $32.97. 88,129 shares of the stock traded hands, compared to its average volume of 84,586. The stock has a market cap of $864.74 million, a price-to-earnings ratio of 21.55, a PEG ratio of 1.54 and a beta of 1.05. Gorman-Rupp has a 52 week low of $30.47 and a 52 week high of $43.79. The firm's fifty day moving average is $36.05 and its 200-day moving average is $38.13. The company has a quick ratio of 1.38, a current ratio of 2.39 and a debt-to-equity ratio of 0.99.

Gorman-Rupp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were issued a dividend of $0.185 per share. The ex-dividend date was Friday, February 14th. This represents a $0.74 dividend on an annualized basis and a yield of 2.24%. Gorman-Rupp's dividend payout ratio is currently 48.37%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Gorman-Rupp from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, February 25th.

Gorman-Rupp Company Profile

The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The company's products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high-pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps.