W. W. Grainger (NYSE:GWW) will be releasing its earnings data on Tuesday, April 17th. W. W. Grainger has set its FY18 guidance at $12.95-14.15 EPS.
W. W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Wednesday, January 24th. The industrial products company reported $2.94 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.18 by $0.76. W. W. Grainger had a net margin of 5.62% and a return on equity of 35.76%. The business had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same period in the previous year, the business posted $2.45 EPS. The company’s quarterly revenue was up 6.5% on a year-over-year basis. On average, analysts expect W. W. Grainger to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.
NYSE GWW opened at $286.63 on Tuesday. W. W. Grainger has a one year low of $155.00 and a one year high of $298.14. The company has a quick ratio of 1.18, a current ratio of 2.13 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $16,083.74, a PE ratio of 25.01, a price-to-earnings-growth ratio of 2.15 and a beta of 0.80.
Several research firms have recently commented on GWW. Royal Bank of Canada reaffirmed a “sell” rating and issued a $192.00 price target on shares of W. W. Grainger in a report on Thursday, January 4th. Goldman Sachs reaffirmed a “neutral” rating on shares of W. W. Grainger in a report on Monday, March 19th. Credit Suisse Group lifted their price target on shares of W. W. Grainger from $190.00 to $240.00 and gave the company an “underperform” rating in a report on Thursday, January 25th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $278.00 price target on shares of W. W. Grainger in a report on Friday, January 26th. Finally, Wells Fargo lifted their price target on shares of W. W. Grainger from $220.00 to $260.00 and gave the company a “market perform” rating in a report on Thursday, January 25th. Five research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the stock. W. W. Grainger has a consensus rating of “Hold” and a consensus target price of $244.85.
In other news, Director Lucas E. Watson acquired 195 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The shares were purchased at an average cost of $256.51 per share, for a total transaction of $50,019.45. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Eric R. Tapia sold 100 shares of W. W. Grainger stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $266.06, for a total transaction of $26,606.00. Following the completion of the sale, the vice president now owns 3,563 shares in the company, valued at $947,971.78. The disclosure for this sale can be found here. Over the last quarter, insiders sold 28,758 shares of company stock worth $7,911,638. 10.10% of the stock is currently owned by insiders.
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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.
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