Spotlight On The Gorman-Rupp Company’s (NYSE:GRC) Fundamentals
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of The Gorman-Rupp Company (NYSE:GRC), it is a notable dividend payer that has been able to sustain great financial health over the past. Below, I’ve touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, take a look at the report on Gorman-Rupp here.
Flawless balance sheet average dividend payer
GRC’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that GRC has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. Investors should not worry about GRC’s debt levels because the company has none! It has only utilized funding from its equity capital to run the business, which is typically normal for a small-cap company. Therefore the company has plenty of headroom to grow, and the ability to raise debt should it need to in the future.
Income investors would also be happy to know that GRC is a great dividend company, with a current yield standing at 1.4%. GRC has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Gorman-Rupp, I’ve compiled three key aspects you should further research:
Future Outlook: What are well-informed industry analysts predicting for GRC’s future growth? Take a look at our free research report of analyst consensus for GRC’s outlook.
Historical Performance: What has GRC’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of GRC? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
