News stories about W W Grainger (NYSE:GWW) have been trending somewhat positive on Wednesday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. W W Grainger earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 46.02097998105 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of W W Grainger (NYSE:GWW) traded up $3.56 on Wednesday, reaching $280.21. The company’s stock had a trading volume of 731,105 shares, compared to its average volume of 1,086,060. W W Grainger has a 52 week low of $155.00 and a 52 week high of $298.14. The firm has a market cap of $15,720.00, a P/E ratio of 28.02, a PEG ratio of 2.09 and a beta of 0.87. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.13 and a quick ratio of 1.18.
W W Grainger (NYSE:GWW) last announced its quarterly earnings results on Wednesday, January 24th. The industrial products company reported $2.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.18 by $0.76. The firm had revenue of $2.63 billion during the quarter, compared to analysts’ expectations of $2.57 billion. W W Grainger had a net margin of 5.62% and a return on equity of 35.76%. The firm’s revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the company earned $2.45 EPS. research analysts anticipate that W W Grainger will post 13.81 earnings per share for the current year.
GWW has been the subject of several research analyst reports. Royal Bank of Canada restated a “sell” rating and set a $192.00 price target on shares of W W Grainger in a research report on Thursday, January 4th. Zacks Investment Research cut W W Grainger from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 16th. Credit Suisse Group restated an “underperform” rating and issued a $190.00 price target (up from $172.00) on shares of W W Grainger in a research note on Tuesday, January 9th. They noted that the move was a valuation call. TheStreet upgraded W W Grainger from a “c+” rating to a “b-” rating in a research note on Wednesday, December 13th. Finally, Robert W. Baird upgraded W W Grainger from a “neutral” rating to a “buy” rating in a research report on Thursday, January 25th. Six research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the stock. W W Grainger presently has an average rating of “Hold” and an average price target of $234.38.
In other W W Grainger news, Director Lucas E. Watson acquired 195 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were purchased at an average price of $256.51 per share, for a total transaction of $50,019.45. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Laura D. Brown sold 9,158 shares of the stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $232.86, for a total transaction of $2,132,531.88. Following the sale, the vice president now owns 16,893 shares in the company, valued at approximately $3,933,703.98. The disclosure for this sale can be found here. Corporate insiders own 9.60% of the company’s stock.
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W W Grainger Company Profile
W.W. Grainger, Inc (Grainger) is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America.
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