W. R. Grace & Co. (NYSE:GRA) Relative Strength Index (RSI) is 67.24, with weekly volatility at 0.37% and ATR at 0.49. The GRA stock’s 52-week price range has touched low of $38.70 and a $68.87 high. Intraday shares traded counted 0.85 million, which was 25.19% higher than its 30-day average trading volume of 1.14M. Its shares traded higher over the last trading session, gaining 0.09% on 05/25/21. The shares fell to a low of $68.36 before closing at $68.44. GRA’s previous close was $68.38 while the outstanding shares total 66.20M. The firm has a beta of 1.45, a 12-month trailing P/E ratio of 184.47, and a growth ratio of 8.46.
Investors have identified the Specialty Chemicals company W. R. Grace & Co. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.54 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
W. R. Grace & Co. (GRA) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For GRA, the company has in raw cash 292.5 million on their books with 14.4 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 886.4 million total, with 559.1 million as their total liabilities.
GRA were able to record 14.0 million as free cash flow during the 07/29/2021 quarter of the year, this saw their quarterly net cash flow reduce by -13.7 million. In cash movements, the company had a total of 69.0 million as operating cash flow.
Potential earnings growth for W. R. Grace & Co. (GRA)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/29/2021 quarter of the year, W. R. Grace & Co. recorded a total of 456.7 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 7.71% coming in sequential stages and their sales for the 07/29/2021 quarter reducing by -2.96%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 286.7 million trying to sell their products during the last quarter, with the result yielding a gross income of 170.0 million. This allows shareholders to hold on to 66.20M with the recently reported earning now reading 1.04 cents per share. This is a figure that compared to analyst’s prediction for their 07/29/2021 (0.73 cents a share).
Having a look at the company’s valuation, the company is expected to record 4.50 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GRA sounds very interesting.
Is the stock of GRA attractive?
In related news, Director, TOMKINS MARK E bought 2,000 shares of the company’s stock in a transaction that recorded on Aug 21. The purchase was performed at an average price of 41.73, for a total value of 83,460. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
3 out of 10 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on W. R. Grace & Co.. 0 analysts has assigned a Sell rating on the GRA stock. The 12-month mean consensus price target for the company’s shares has been set at $70.00.