Gorman-Rupp (GRC) Stock Price, News & Analysis

Company Overview

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. Its products are used in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire suppression, heating, ventilating and air conditioning, military, and other liquid-handling applications. The company markets its products through a network of distributors, manufacturers' representatives, third-party distributor catalogs, direct sales, and e-commerce. The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.

Key Stats

• Today's Range: $42.18 to $42.96
• 50-Day Range: $36.95 to $43.03
• 52-Week Range: $30.47 to $43.79
• Volume: 9,553 shs
• Average Volume: 85,177 shs
• Market Capitalization: $1.11 billion
• P/E Ratio: 29.13
• Dividend Yield: 1.75%
• Price Target: N/A
• Consensus Rating: N/A

Gorman-Rupp Stock Analysis - MarketRank™

Gorman-Rupp scored higher than 79% of companies evaluated by MarketBeat, and ranked 77th out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Gorman-Rupp.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 11.24%

Earnings Growth

Earnings for Gorman-Rupp are expected to grow by 11.24% in the coming year, from $1.78 to $1.98 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Gorman-Rupp is 29.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.31.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gorman-Rupp is 29.50, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.69.

Price to Earnings Growth Ratio

Gorman-Rupp has a PEG Ratio of 1.84. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Gorman-Rupp has a P/B Ratio of 3.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.43% of the float of Gorman-Rupp has been sold short.

Short Interest Ratio / Days to Cover

Gorman-Rupp has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gorman-Rupp has recently decreased by 16.45%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Gorman-Rupp pays a meaningful dividend of 1.74%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Gorman-Rupp has been increasing its dividend for 52 years.

Dividend Coverage

The dividend payout ratio of Gorman-Rupp is 51.03%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Gorman-Rupp will have a dividend payout ratio of 37.37% next year. This indicates that Gorman-Rupp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.43% of the float of Gorman-Rupp has been sold short.

Short Interest Ratio / Days to Cover

Gorman-Rupp has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gorman-Rupp has recently decreased by 16.45%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.53

News Sentiment

Gorman-Rupp has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.83 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Gorman-Rupp this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Gorman-Rupp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Gorman-Rupp insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.30% of the stock of Gorman-Rupp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

59.26% of the stock of Gorman-Rupp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GRC Stock Analysis - Frequently Asked Questions

How have GRC shares performed this year?

Gorman-Rupp's stock was trading at $35.53 on January 1st, 2024. Since then, GRC shares have increased by 20.4% and is now trading at $42.78.
View the best growth stocks for 2024 here.

How were Gorman-Rupp's earnings last quarter?

The Gorman-Rupp Company (NYSE:GRC) released its quarterly earnings data on Friday, February, 2nd. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.09. The industrial products company earned $160.57 million during the quarter, compared to analysts' expectations of $155.88 million. Gorman-Rupp had a trailing twelve-month return on equity of 12.32% and a net margin of 5.80%.

Who are Gorman-Rupp's major shareholders?

Top institutional investors of Gorman-Rupp include Mechanics Financial Corp (3.86%), State Street Corp (2.00%), Geode Capital Management LLC (1.81%) and Grace & White Inc. NY (1.33%). Insiders that own company stock include Jeffrey S Gorman, Scott A King and M Ann Harlan.
View institutional ownership trends.

How do I buy shares of Gorman-Rupp?

Shares of GRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Gorman-Rupp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gorman-Rupp investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 2/02/2024
• Ex-Dividend for 9/10 Dividend: 8/15/2024
• Dividend Payable: 9/10/2024
• Ex-Dividend for 12/10 Dividend: 11/15/2024
• Today: 12/03/2024
• Dividend Payable: 12/10/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/07/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Pumps & pumping equipment
• Sub-Industry: Industrial Machinery
• Current Symbol: NYSE:GRC
• CUSIP: 38308210
• CIK: 42682
• Web: www.gormanrupp.com
• Phone: (419) 755-1011
• Fax: 419-755-1263
• Employees: 1,450
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.45
• Trailing P/E Ratio: 29.50
• Forward P/E Ratio: 24.03
• P/E Growth: 1.84
• Net Income: $34.95 million
• Net Margins: 5.80%
• Pretax Margin: 7.31%
• Return on Equity: 12.32%
• Return on Assets: 4.96%

Debt

• Debt-to-Equity Ratio: 0.99
• Current Ratio: 2.39
• Quick Ratio: 1.38

Sales & Book Value

• Annual Sales: $659.51 million
• Price / Sales: 1.70
• Cash Flow: $2.58 per share
• Price / Cash Flow: 16.58
• Book Value: $13.34 per share
• Price / Book: 3.21

Miscellaneous

• Outstanding Shares: 26,230,000
• Free Float: 23,264,000
• Market Cap: $1.12 billion
• Optionable: Optionable
• Beta: 0.95