Graco sees Q3 sales $580.000M-$600.000M vs $588.770M est

0 min read     Updated on 23 Jul 2026, 07:16 AM
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Jubin VScanX News Team
AI Summary

Graco Inc. projects third-quarter sales between $580.000 million and $600.000 million, falling on either side of the $588.770 million analyst estimate. The forecast excludes the pending Valco Melton acquisition, expected to close in Q3.

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Graco Inc. expects third-quarter total company sales to range between $580.000 million and $600.000 million, compared to an analyst estimate of $588.770 million. The guidance excludes the impact of its announced acquisition of Valco Melton, which is anticipated to close during the third quarter.

Sales Guidance Details

The company provided the sales outlook to set market expectations for the upcoming period. The specified range reflects the company's internal projections for operational performance independent of the pending transaction.

Acquisition Status

The acquisition of Valco Melton remains a key upcoming event for Graco Inc. Although the deal is expected to close in the third quarter, the sales guidance deliberately omits any financial contribution from this entity to provide a clear view of standalone performance.

Metric Guidance
Q3 Sales Range $580.000 million - $600.000 million
Analyst Estimate $588.770 million
Exclusion Valco Melton acquisition

How will the closure of the Valco Melton acquisition impact Graco's revenue guidance for the fourth quarter?

What specific synergies or cost savings does Graco anticipate from the Valco Melton deal post-closure?

How might Graco's Q3 performance compare to its competitors in the industrial equipment sector?

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RBC Capital maintains Outperform on Graco, cuts target to $92

0 min read     Updated on 16 Jul 2026, 09:52 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

RBC Capital analyst Deane Dray maintained an Outperform rating on Graco (NYSE: GGG) while lowering the price target to $92 from $95. The adjustment reflects a revised valuation outlook.

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RBC Capital analyst Deane Dray has maintained an Outperform rating on Graco while lowering the price target to $92 from $95. The revised target suggests continued confidence in the company's performance despite a reduced valuation outlook.

Rating and Price Target Details

The analyst's decision to retain the Outperform rating indicates a positive long-term view on Graco's stock. The price target reduction from $95 to $92 adjusts the expected upside for investors.

Metric Value
Rating Outperform
Previous Price Target $95
New Price Target $92

Graco trades on the NYSE under the ticker symbol GGG.

What specific factors led to the $3 reduction in the price target despite the maintained Outperform rating?

How might Graco's upcoming earnings report influence RBC Capital's future valuation adjustments?

What are the key risks or opportunities that could impact Graco's stock performance in the next quarter?

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