W W Grainger (GWW) Earns Daily News Impact Rating of 0.16
News articles about W W Grainger (NYSE:GWW) have been trending somewhat positive this week, according to Alpha One Sentiment. Alpha One, a division of Accern, identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. W W Grainger earned a daily sentiment score of 0.16 on Alpha One’s scale. Alpha One also assigned news articles about the industrial products company an impact score of 21 out of 100, meaning that recent media coverage is very unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Alpha One’s rankings:
- Grainger (GWW) Hits 52-Week Low: What’s Dragging it Down? – Nasdaq (nasdaq.com)
- WW Grainger: Amazon’s Next Victim? – Seeking Alpha (seekingalpha.com)
- Grainger (GWW) Hits 52-Week Low: What's Dragging it Down? (finance.yahoo.com)
- U.S. lawmaker unveils sweeping Pentagon acquisition reform bill (finance.yahoo.com)
- Why Is Grainger (GWW) Down 10.5% Since the Last Earnings Report? (finance.yahoo.com)
Shares of W W Grainger (NYSE:GWW) traded up 0.89% during trading on Friday, reaching $174.85. The company had a trading volume of 939,282 shares. The company’s 50 day moving average is $200.89 and its 200-day moving average is $229.21. W W Grainger has a 1-year low of $170.21 and a 1-year high of $262.71. The stock has a market capitalization of $10.21 billion, a price-to-earnings ratio of 17.85 and a beta of 0.82.
W W Grainger (NYSE:GWW) last released its quarterly earnings data on Tuesday, April 18th. The industrial products company reported $2.88 EPS for the quarter, missing analysts’ consensus estimates of $2.99 by $0.11. The company had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.57 billion. W W Grainger had a return on equity of 32.79% and a net margin of 5.98%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $3.18 EPS. On average, equities research analysts anticipate that W W Grainger will post $10.41 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 1st. Investors of record on Monday, May 8th will be issued a dividend of $1.28 per share. The ex-dividend date is Thursday, May 4th. This represents a $5.12 dividend on an annualized basis and a yield of 2.95%. This is an increase from W W Grainger’s previous quarterly dividend of $1.22. W W Grainger’s payout ratio is currently 49.64%.
Several research analysts have recently issued reports on GWW shares. Royal Bank of Canada reissued a “sell” rating and issued a $166.00 target price (down previously from $209.00) on shares of W W Grainger in a research report on Wednesday, April 19th. Deutsche Bank AG downgraded W W Grainger from a “hold” rating to a “sell” rating and cut their price target for the stock from $246.00 to $145.00 in a research note on Thursday. Stephens set a $190.00 price target on W W Grainger and gave the stock a “hold” rating in a research note on Wednesday, April 19th. Credit Suisse Group AG downgraded W W Grainger from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $235.00 to $175.00 in a research note on Wednesday, April 19th. Finally, Morgan Stanley increased their target price on W W Grainger from $229.00 to $233.00 and gave the company an “underweight” rating in a research note on Thursday, January 26th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $214.78.
In other news, VP Laura D. Brown sold 695 shares of the business’s stock in a transaction that occurred on Monday, March 6th. The shares were sold at an average price of $249.07, for a total value of $173,103.65. Following the completion of the transaction, the vice president now owns 11,235 shares of the company’s stock, valued at $2,798,301.45. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Ronald L. Jadin sold 31,186 shares of the business’s stock in a transaction that occurred on Thursday, March 2nd. The shares were sold at an average price of $249.06, for a total transaction of $7,767,185.16. Following the completion of the transaction, the vice president now directly owns 51,645 shares of the company’s stock, valued at approximately $12,862,703.70. The disclosure for this sale can be found here. 9.60% of the stock is currently owned by insiders.
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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