News articles about W W Grainger (NYSE:GWW) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. 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 news impact score of 0.15 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 45.6561200100021 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Higher Expenses, Weak Canada Operations Ail Grainger (GWW) – Nasdaq (nasdaq.com)
- W W Grainger (GWW) Scheduled to Post Quarterly Earnings on Wednesday (americanbankingnews.com)
- WW Grainger (GWW) Shareholder Private Bank & Trust Co Has Raised Stake by $414564 as Shares Declined; Cubic … – Hill Country Times (hillcountrytimes.com)
- Brokerages Expect W W Grainger Inc (GWW) Will Post Quarterly Sales of $2.57 Billion (americanbankingnews.com)
- Zacks: Brokerages Anticipate W W Grainger Inc (GWW) Will Announce Earnings of $2.18 Per Share (americanbankingnews.com)
Several equities analysts recently weighed in on GWW shares. Zacks Investment Research cut shares of W W Grainger from a “hold” rating to a “sell” rating in a research report on Tuesday, September 19th. TheStreet raised shares of W W Grainger from a “c+” rating to a “b-” rating in a research report on Wednesday, December 13th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $178.00 price target (up previously from $165.00) on shares of W W Grainger in a research report on Monday, October 9th. Oppenheimer reissued a “buy” rating and set a $245.00 target price on shares of W W Grainger in a research report on Monday, November 13th. Finally, Royal Bank of Canada reissued a “sell” rating and set a $192.00 target price on shares of W W Grainger in a research report on Thursday, January 4th. Seven investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $195.77.
W W Grainger (NYSE:GWW) last posted its earnings results on Tuesday, October 17th. The industrial products company reported $2.90 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.56 by $0.34. W W Grainger had a net margin of 4.83% and a return on equity of 34.25%. The firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.65 billion. During the same quarter last year, the firm earned $3.06 EPS. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. sell-side analysts expect that W W Grainger will post 10.71 EPS for the current fiscal year.
In other news, VP Eric R. Tapia sold 190 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $208.26, for a total transaction of $39,569.40. Following the completion of the sale, the vice president now owns 3,748 shares in the company, valued at approximately $780,558.48. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Laura D. Brown sold 9,158 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $3,933,703.98. The disclosure for this sale can be found here. In the last three months, insiders have sold 30,694 shares of company stock worth $6,873,861. 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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