-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下:我們將GGG的12個月目標價從80美元下調至70美元,市盈率為21倍,基於我們2027年每股收益預期3.36美元(低於先前預期的3.46美元;2026年每股收益預期從3.18美元上調至3.10美元),鑑於房地產市場持續估值低於該市場的高度預期,該市場存在高度值GGG第一季業績令人失望,有機收入下滑,主要受全球市場疲軟的影響,尤其是在亞太地區。儘管收購在一定程度上抵消了總銷售額的成長,但所有三個業務部門的有機收入均面臨不利因素,獲利能力有所下降。鑑於住宅市場疲軟,GGG仍在艱難的經營環境中掙扎。我們認為,價格持續支撐著業績,但銷售量持續下滑將繼續限制其上漲空間。鑑於美國製造業基礎不斷擴大,工業訂單在第一季表現亮眼,但承包商業務的下滑趨勢需要穩定下來,以免抵消新興的需求回升。
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