Media stories about W. W. Grainger (NYSE:GWW) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. W. W. Grainger earned a news impact score of 0.12 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 45.8389130818666 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- W.W. Grainger (GWW): Strong Industry, Solid Earnings Estimate Revisions (finance.yahoo.com)
- W.W. Grainger (GWW) Up 2.3% Since Earnings Report: Can It Continue? (finance.yahoo.com)
- Grainger (GWW) Rises 77% in a Year: What’s Behind the Rally? (finance.yahoo.com)
- WW Grainger (GWW) Is Headed Towards 4.01 According to Sell-Side (parkcitycaller.com)
- Global Fire Barrier Blocks Market 2018- Aimlimited, WW Grainger, AiM Limited, Sweets, 3M, Block & Company, Inc, CS … (thetechnicalprogress.com)
Shares of W. W. Grainger traded down $8.01, reaching $305.89, during midday trading on Tuesday, according to MarketBeat. The company had a trading volume of 767,400 shares, compared to its average volume of 963,367. W. W. Grainger has a one year low of $155.00 and a one year high of $317.51. The company has a current ratio of 2.20, a quick ratio of 1.24 and a debt-to-equity ratio of 1.17. The firm has a market cap of $17.23 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 1.71 and a beta of 0.79.
W. W. Grainger (NYSE:GWW) last released its earnings results on Thursday, April 19th. The industrial products company reported $4.18 earnings per share for the quarter, beating analysts’ consensus estimates of $3.44 by $0.74. W. W. Grainger had a return on equity of 39.23% and a net margin of 6.03%. The company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.72 billion. During the same quarter in the previous year, the company posted $2.88 EPS. W. W. Grainger’s revenue for the quarter was up 8.9% on a year-over-year basis. equities research analysts forecast that W. W. Grainger will post 14.86 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Monday, May 14th will be paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Friday, May 11th. This is a positive change from W. W. Grainger’s previous quarterly dividend of $1.28. W. W. Grainger’s payout ratio is 47.47%.
GWW has been the subject of several research analyst reports. Zacks Investment Research lowered W. W. Grainger from a “buy” rating to a “hold” rating in a research note on Wednesday, March 28th. Credit Suisse Group lifted their price target on W. W. Grainger from $190.00 to $240.00 and gave the stock an “underperform” rating in a research note on Thursday, January 25th. Goldman Sachs reaffirmed a “neutral” rating on shares of W. W. Grainger in a research note on Monday, March 19th. Royal Bank of Canada reaffirmed an “underperform” rating and set a $206.00 price target on shares of W. W. Grainger in a research note on Thursday, January 25th. Finally, Robert W. Baird raised W. W. Grainger from a “neutral” rating to a “buy” rating in a research note on Thursday, January 25th. Five equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the company. W. W. Grainger currently has an average rating of “Hold” and an average price target of $250.54.
In other W. W. Grainger news, VP Ronald L. Jadin sold 29,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 24th. The stock was sold at an average price of $286.93, for a total transaction of $8,320,970.00. Following the completion of the transaction, the vice president now owns 49,459 shares of the company’s stock, valued at approximately $14,191,270.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Eric R. Tapia sold 216 shares of the company’s stock in a transaction that occurred on Thursday, May 3rd. The shares were sold at an average price of $278.73, for a total value of $60,205.68. Following the transaction, the vice president now directly owns 3,870 shares of the company’s stock, valued at approximately $1,078,685.10. The disclosure for this sale can be found here. In the last three months, insiders sold 48,716 shares of company stock valued at $14,133,676. 10.10% of the stock is currently owned by corporate insiders.
W. W. Grainger Company Profile
W.W. Grainger, Inc distributes maintenance, repair, and operating (MRO) supplies; and other related products and services that are used by businesses and institutions in the United States, Canada, Europe, Asia, and Latin America. The company offers material handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies, metalworking tools, and various other products.
Receive News & Ratings for W. W. Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W. W. Grainger and related companies with MarketBeat.com's FREE daily email newsletter.