$0.28 EPS Expected for The Gorman-Rupp Company (GRC)

January 10, 2018 - By Louis Casey

 $0.28 EPS Expected for The Gorman Rupp Company (GRC)
Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.28, from 1.58 in 2017Q2. It dived, as 4 investors sold The Gorman-Rupp Company shares while 29 reduced holdings. 16 funds opened positions while 27 raised stakes. 13.77 million shares or 2.26% more from 13.46 million shares in 2017Q2 were reported.
Ameritas Inv Ptnrs owns 1,373 shares. First Tru Advisors Limited Partnership has invested 0.02% in The Gorman-Rupp Company (NYSE:GRC). Tower Cap Ltd Llc (Trc) stated it has 0% in The Gorman-Rupp Company (NYSE:GRC). Swiss Bancorp reported 31,447 shares. Neuberger Berman Group Ltd Liability Co invested 0% of its portfolio in The Gorman-Rupp Company (NYSE:GRC). California Employees Retirement Sys owns 50,745 shares or 0% of their US portfolio. Goldman Sachs holds 553,195 shares or 0% of its portfolio. Nationwide Fund Advisors holds 0% in The Gorman-Rupp Company (NYSE:GRC) or 11,050 shares. 13,975 were accumulated by Manufacturers Life Insur The. Wells Fargo Mn holds 30,860 shares. United Capital Advisers Ltd Limited Liability Company holds 0% or 7,500 shares. Pnc Services Group accumulated 4,889 shares or 0% of the stock. Morgan Stanley stated it has 114,722 shares. Manchester Capital Limited holds 0.15% in The Gorman-Rupp Company (NYSE:GRC) or 29,904 shares. King Luther Capital Management holds 379,263 shares or 0.11% of its portfolio.

Since August 18, 2017, it had 0 insider buys, and 1 sale for $59,900 activity.

Analysts expect The Gorman-Rupp Company (NYSE:GRC) to report $0.28 EPS on February, 2.They anticipate $0.04 EPS change or 16.67 % from last quarter’s $0.24 EPS. GRC’s profit would be $7.31M giving it 27.97 P/E if the $0.28 EPS is correct. After having $0.33 EPS previously, The Gorman-Rupp Company’s analysts see -15.15 % EPS growth. The stock decreased 0.43% or $0.13 during the last trading session, reaching $31.33. About 4,715 shares traded. The Gorman-Rupp Company (NYSE:GRC) has declined 10.04% since January 10, 2017 and is downtrending. It has underperformed by 26.74% the S&P500.

The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems worldwide. The company has market cap of $817.79 million. The company??s products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high pressure booster, rotary gear, diaphragm, bellow, and oscillating pumps. It has a 34.54 P/E ratio. The Company’s products are used in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, military, and other liquid-handling applications, as well as in heating, ventilating, and air conditioning applications.

More news for The Gorman-Rupp Company (NYSE:GRC) were recently published by: Businesswire.com, which released: “Gorman-Rupp Announces Chief Financial Officer Succession Plan” on July 06, 2016. Marketwatch.com‘s article titled: “Gorman-Rupp Co.” and published on October 08, 2010 is yet another important article.

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