Media stories about W W Grainger (NYSE:GWW) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. W W Grainger earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.34006221733 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Grainger Names Thomas Okray CFO (finance.yahoo.com)
- W W Grainger (GWW) PT Raised to $148.00 at Royal Bank of Canada (americanbankingnews.com)
- Comparing W W Grainger (GWW) & HD Supply (HDS) (americanbankingnews.com)
- Comparing W W Grainger (GWW) & HALMA (HLMAF) (americanbankingnews.com)
- Is Stock’s Performance Impressive? WW Grainger, Inc. (GWW) (nasdaqfortune.com)
A number of research firms have weighed in on GWW. Credit Suisse Group boosted their target price on shares of W W Grainger from $190.00 to $240.00 and gave the stock an “underperform” rating in a report on Thursday, January 25th. Robert W. Baird upgraded shares of W W Grainger from a “neutral” rating to a “buy” rating in a research report on Thursday, January 25th. Wells Fargo boosted their target price on shares of W W Grainger from $220.00 to $260.00 and gave the company a “market perform” rating in a research report on Thursday, January 25th. Stifel Nicolaus restated a “hold” rating and set a $278.00 price objective on shares of W W Grainger in a report on Friday, January 26th. Finally, Zacks Investment Research upgraded shares of W W Grainger from a “hold” rating to a “buy” rating and set a $319.00 target price for the company in a research note on Tuesday, January 30th. 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 company’s stock. The stock presently has an average rating of “Hold” and an average target price of $234.92.
W W Grainger (NYSE:GWW) last issued its earnings results on Wednesday, January 24th. The industrial products company reported $2.94 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.18 by $0.76. W W Grainger had a return on equity of 35.76% and a net margin of 5.62%. The business had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same quarter in the previous year, the firm earned $2.45 EPS. W W Grainger’s revenue was up 6.5% on a year-over-year basis. sell-side analysts forecast that W W Grainger will post 13.83 earnings per share for the current fiscal year.
In other news, Director Lucas E. Watson purchased 195 shares of the business’s stock in a transaction on Monday, February 5th. The stock was acquired at an average cost of $256.51 per share, for a total transaction of $50,019.45. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Laura D. Brown sold 9,158 shares of the business’s stock in a transaction dated 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 sale, the vice president now owns 16,893 shares of the company’s stock, valued at $3,933,703.98. The disclosure for this sale can be found here. Insiders own 10.10% 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.
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