Somewhat Positive Media Coverage Somewhat Unlikely to Affect W W Grainger (GWW) Stock Price

News coverage about W W Grainger (NYSE:GWW) has been trending somewhat positive on Thursday, Accern Sentiment reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog 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 media sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.02097998105 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern Sentiment’s analysis:

W W Grainger stock opened at $285.47 on Thursday. The stock has a market cap of $16,029.88, a P/E ratio of 28.49, a PEG ratio of 2.13 and a beta of 0.87. W W Grainger has a 1 year low of $155.00 and a 1 year high of $298.14. 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 issued its quarterly earnings results on Wednesday, January 24th. The industrial products company reported $2.94 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.18 by $0.76. The firm had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.57 billion. W W Grainger had a net margin of 5.62% and a return on equity of 35.76%. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.45 EPS. equities research analysts forecast that W W Grainger will post 13.83 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Monday, February 12th were paid a $1.28 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $5.12 annualized dividend and a dividend yield of 1.79%. W W Grainger’s dividend payout ratio is currently 51.10%.

A number of equities analysts recently commented on GWW shares. TheStreet raised shares of W W Grainger from a “c+” rating to a “b-” rating in a research report on Wednesday, December 13th. Royal Bank of Canada reissued a “sell” rating and issued a $192.00 target price on shares of W W Grainger in a report on Thursday, January 4th. Credit Suisse Group reissued an “underperform” rating and issued a $190.00 target price (up from $172.00) on shares of W W Grainger in a report on Tuesday, January 9th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of W W Grainger from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 16th. Finally, UBS initiated coverage on shares of W W Grainger in a research note on Tuesday, January 23rd. They issued a “sell” rating and a $215.00 price target on the stock. Six analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company’s stock. W W Grainger has an average rating of “Hold” and a consensus target price of $234.92.

In other news, VP Laura D. Brown sold 9,158 shares of W W Grainger stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $232.86, for a total value of $2,132,531.88. Following the completion of the sale, the vice president now owns 16,893 shares in the company, valued at approximately $3,933,703.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Eric R. Tapia sold 100 shares of W W Grainger stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $266.06, for a total transaction of $26,606.00. Following the completion of the sale, the vice president now owns 3,563 shares of the company’s stock, valued at approximately $947,971.78. The disclosure for this sale can be found here. Insiders own 9.60% of the company’s stock.

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About W W Grainger

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.

Insider Buying and Selling by Quarter for W W Grainger (NYSE:GWW)

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