Graco Inc

GGG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$33.00	Npy	Wdnpxzrbs

Graco Earnings: Impressive Margin Expansion Across All Three Segments

Krzysztof Smalec

Oct 26, 2023

We’ve increased our fair value estimate for wide-moat-rated Graco to $77 from $75 after the company reported solid third-quarter results, featuring a 15% year-over-year increase in adjusted EPS. The fair value increase reflects our slightly more optimistic near-term operating margin assumptions as well as time value of money.

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