Somewhat Positive News Coverage Somewhat Unlikely to Impact W W Grainger (GWW) Share Price

News headlines about W W Grainger (NYSE:GWW) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. W W Grainger earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 45.974764572631 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern’s rankings:

Shares of NYSE GWW opened at $282.27 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.18 and a debt-to-equity ratio of 1.23. W W Grainger has a one year low of $155.00 and a one year high of $298.14. The firm has a market capitalization of $15,568.13, a price-to-earnings ratio of 28.17, a PEG ratio of 2.07 and a beta of 0.87.

W W Grainger (NYSE:GWW) last issued its quarterly earnings data on Wednesday, January 24th. The industrial products company reported $2.94 EPS for the quarter, beating analysts’ consensus estimates of $2.18 by $0.76. The firm had revenue of $2.63 billion for the quarter, compared to analyst estimates of $2.57 billion. W W Grainger had a return on equity of 35.76% and a net margin of 5.62%. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.45 EPS. equities analysts forecast that W W Grainger will post 13.83 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Monday, February 12th were issued a dividend of $1.28 per share. This represents a $5.12 annualized dividend and a dividend yield of 1.81%. The ex-dividend date was Friday, February 9th. W W Grainger’s dividend payout ratio (DPR) is currently 51.10%.

GWW has been the topic of several research reports. Zacks Investment Research cut W W Grainger from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 16th. Royal Bank of Canada reiterated a “sell” rating and set a $192.00 price objective on shares of W W Grainger in a research note on Thursday, January 4th. TheStreet upgraded W W Grainger from a “c+” rating to a “b-” rating in a research note on Wednesday, December 13th. Goldman Sachs reiterated a “neutral” rating on shares of W W Grainger in a research note on Monday, March 19th. Finally, UBS started coverage on W W Grainger in a research note on Tuesday, January 23rd. They set a “sell” rating and a $215.00 price objective on the stock. Six investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $234.92.

In related news, Director Lucas E. Watson bought 195 shares of W W Grainger stock in a transaction dated Monday, February 5th. The shares were bought at an average cost of $256.51 per share, with a total value of $50,019.45. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Eric R. Tapia sold 100 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $266.06, for a total value of $26,606.00. Following the sale, the vice president now directly owns 3,563 shares in the company, valued at $947,971.78. The disclosure for this sale can be found here. Corporate insiders own 10.10% of the company’s stock.

WARNING: “Somewhat Positive News Coverage Somewhat Unlikely to Impact W W Grainger (GWW) Share Price” was first reported by BBNS and is owned by of BBNS. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://baseballnewssource.com/2018/03/30/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-w-w-grainger-gww-stock-price/1974631.html.

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.

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

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