Media stories about W.W. Grainger (NYSE:GWW) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. W.W. Grainger earned a news impact score of 0.14 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 45.4086943558579 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
Several brokerages recently issued reports on GWW. UBS downgraded shares of W.W. Grainger from a “neutral” rating to a “sell” rating and upped their price target for the stock from $170.00 to $195.00 in a research report on Thursday, October 19th. Atlantic Securities raised W.W. Grainger from an “underweight” rating to a “neutral” rating in a report on Thursday, October 19th. Credit Suisse Group set a $172.00 price objective on W.W. Grainger and gave the stock a “sell” rating in a report on Wednesday, October 18th. Morgan Stanley set a $185.00 price objective on W.W. Grainger and gave the stock a “sell” rating in a report on Wednesday, October 18th. Finally, Oppenheimer raised W.W. Grainger from a “market perform” rating to an “outperform” rating and set a $245.00 price objective for the company in a report on Wednesday, October 18th. Seven analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the company’s stock. W.W. Grainger presently has an average rating of “Hold” and an average price target of $191.23.
Shares of W.W. Grainger (NYSE GWW) traded up $9.27 during mid-day trading on Monday, hitting $227.50. The stock had a trading volume of 1,487,290 shares, compared to its average volume of 947,832. The company has a current ratio of 2.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.19. The company has a market cap of $12,435.44, a PE ratio of 19.89, a PEG ratio of 2.10 and a beta of 0.82. W.W. Grainger has a one year low of $155.00 and a one year high of $262.71.
W.W. Grainger (NYSE:GWW) last posted its earnings results on Tuesday, October 17th. The industrial products company reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.34. W.W. Grainger had a return on equity of 34.25% and a net margin of 4.83%. The business had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.65 billion. During the same period in the prior year, the business earned $3.06 EPS. W.W. Grainger’s revenue for the quarter was up 1.5% compared to the same quarter last year. analysts anticipate that W.W. Grainger will post 10.71 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Monday, November 13th were paid a dividend of $1.28 per share. The ex-dividend date was Friday, November 10th. This represents a $5.12 dividend on an annualized basis and a yield of 2.25%. W.W. Grainger’s payout ratio is 60.95%.
In other W.W. Grainger news, VP John L. Howard sold 21,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $220.56, for a total transaction of $4,631,760.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Paige K. Robbins sold 346 shares of the company’s stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $202.31, for a total value of $69,999.26. Following the transaction, the vice president now directly owns 8,400 shares of the company’s stock, valued at approximately $1,699,404. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,536 shares of company stock valued at $4,741,329. 9.60% of the stock is owned by company insiders.
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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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