For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Gorman-Rupp (GRC) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Gorman-Rupp is a member of our Industrial Products group, which includes 218 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best t ...

Investors looking for stocks in the Manufacturing - General Industrial sector might want to consider either Gorman-Rupp (GRC) or Crane (CR) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with str ...

Core Viewpoint - Gorman-Rupp (GRC) is identified as an attractive investment opportunity due to a significant improvement in its earnings outlook, supported by upward revisions in earnings estimates by analysts [4][6][12]. Current-Year Estimate Revisions - For the current quarter, Gorman-Rupp is expected to earn $0.55 per share, reflecting a year-over-year increase of +61.76% [5]. - The full-year earnings estimate stands at $1.85 per share, indicating a change of +35.04% from the previous year [10]. - The trend in estimate revisions for the current year is positive, with one estimate moving higher and no negative revisions, leading to an 11.45% increase in the consensus estimate [14]. Current-Quarter Estimate Revisions - Over the past 30 days, one estimate for Gorman-Rupp has been revised upward, with no negative revisions, resulting in a 17.02% increase in the Zacks Consensus Estimate [13]. Favorable Zacks Rank - Gorman-Rupp currently holds a Zacks Rank 1 (Strong Buy), which is associated with strong performance and positive earnings estimate revisions [6][8]. - The stock has appreciated by 13.9% over the past four weeks, indicating strong investor interest and potential for further upside [12].

Cautionary Note Regarding Forward-Looking Statements We are exposed to various market risks, including changes in foreign currency exchange rates and interest rates. Exposure to foreign exchange rate risk is due to certain costs and revenue being denominated in currencies other than one of the Company's subsidiaries functional currency. The Company is also exposed to market risk as the result of changes in interest rates which may affect the cost of financing. We continually monitor these risks and regularl ...

Exhibit 99 Box 1217 · Mansfield, Ohio 44901-1217, USA · Tel: 419-755-1011 · Fax: 419-755-1263 · gormanrupp. GORMAN-RUPP REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS Mansfield, Ohio – July 26, 2024 – The Gorman-Rupp Company (NYSE: GRC) reports financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights • Net sales of $169.5 million decreased 0.9%, or $1.5 million, compared to the second quarter of 2023 • Second quarter net income was $8.3 million, or $0.32 per share, compare ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Gorman-Rupp in Focus In terms of dividend growth, the company's current annualized dividend of $0.72 is up 2.1% from last year. In the past five-year period, Gorman-Rupp has increased its dividend 5 times on a year-over-year basis for an avera ...

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. GRC currently has a forward P/E ratio of 22.16, while IR has a forward P/E of 28.45. We also note that GRC has a PEG ratio of 1.70. This popular figure is similar to the widely-used P/E ratio, but the PE ...

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Gorman-Rupp (GRC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-6747 The Gorman-Rupp Company (Exact name of registrant as specified in its charter) | Ohio | 34-0253990 | | --- | --- | | (State or other ju ...