The Gorman-Rupp pany(GRC)

Search documents
The Gorman-Rupp pany(GRC) - 2024 Q2 - Quarterly Results
2024-07-26 20:24
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 ...
Gorman-Rupp (GRC) Tops Q2 Earnings Estimates
ZACKS· 2024-07-26 12:45
Gorman-Rupp (GRC) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the ...
Is GormanRupp (GRC) Stock Outpacing Its Industrial Products Peers This Year?
ZACKS· 2024-07-23 14:41
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? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question. Gorman-Rupp is one of 218 individual stocks in the Industrial Products sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sec ...
Why Gorman-Rupp (GRC) is a Top Dividend Stock for Your Portfolio
ZACKS· 2024-06-28 16:45
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 ...
GRC or IR: Which Is the Better Value Stock Right Now?
ZACKS· 2024-06-24 16:45
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 ...
New Strong Buy Stocks for June 14th
ZACKS· 2024-06-14 10:05
Harte Hanks (HHS) : This data-driven, omnichannel marketing company which offers customer data landscape as well as the executional know-how in database build and management, data analytics, data-driven creativity, digital media, direct mail, customer contact, client fulfilment and marketing and product logistics, has seen the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days. SM Energy (SM) : This independent oil and gas company which is engaged in the exploratio ...
Gorman-Rupp (GRC) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-06-06 17:01
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 ...
GRC vs. IR: Which Stock Is the Better Value Option?
ZACKS· 2024-06-06 16:41
Investors interested in stocks from the Manufacturing - General Industrial sector have probably already heard of Gorman-Rupp (GRC) and Ingersoll Rand (IR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimat ...
The Gorman-Rupp pany(GRC) - 2024 Q1 - Quarterly Report
2024-04-29 18:18
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 ...
The Gorman-Rupp pany(GRC) - 2024 Q1 - Quarterly Results
2024-04-25 13:39
GORMAN-RUPP REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Exhibit 99 Mansfield, Ohio – April 25, 2024 – The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Net sales for the first quarter of 2024 were $159.3 million compared to net sales of $160.5 million for the first quarter of 2023, a decrease of 0.7% or $1.2 million. Domestic sales increased 1.1%, or $1.3 million, and international sales decreased 6.2%, or $2.5 million, c ...