Somewhat Favorable News Coverage Somewhat Unlikely to Affect W.W. Grainger (GWW) Share Price
Media headlines about W.W. Grainger (NYSE:GWW) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of 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 Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 46.1976518712248 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 headlines that may have effected Accern Sentiment Analysis’s rankings:
- A Potential Special Situation In The Retail Wars (seekingalpha.com)
- W.W. Grainger, Inc. (GWW) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- Barclays Bank PLC (VXZ), WW Grainger Inc (GWW) Shares Moving On Volume – Sparta Review (spartareview.com)
- WW Grainger’s Stock Reflects Problems But Not Solutions – Seeking Alpha (seekingalpha.com)
- Honing in on Shares of WW Grainger, Inc. (NYSE:GWW) – FLBC News (flbcnews.com)
GWW has been the subject of a number of recent research reports. TheStreet cut W.W. Grainger from a “b-” rating to a “c+” rating in a research note on Thursday, May 11th. Stifel Nicolaus reiterated a “hold” rating and set a $180.00 price objective (down previously from $204.00) on shares of W.W. Grainger in a research note on Friday, June 2nd. BMO Capital Markets reiterated a “hold” rating and set a $198.00 price objective on shares of W.W. Grainger in a research note on Thursday, May 25th. Stephens set a $190.00 price objective on W.W. Grainger and gave the company a “hold” rating in a research note on Wednesday, April 19th. Finally, BidaskClub upgraded W.W. Grainger from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Five equities research analysts have rated the stock with a sell rating and eleven have given a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $180.33.
Shares of W.W. Grainger (NYSE GWW) remained flat at $165.08 during mid-day trading on Wednesday. The company’s stock had a trading volume of 648,417 shares. W.W. Grainger has a 52-week low of $160.29 and a 52-week high of $262.71. The stock has a market cap of $9.52 billion, a P/E ratio of 19.03 and a beta of 0.74. The firm has a 50-day moving average of $170.71 and a 200-day moving average of $203.24.
W.W. Grainger (NYSE:GWW) last posted its earnings results on Wednesday, July 19th. The industrial products company reported $2.74 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.65 by $0.09. W.W. Grainger had a net margin of 5.08% and a return on equity of 34.03%. The firm had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter last year, the firm earned $2.89 EPS. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities analysts expect that W.W. Grainger will post $10.38 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, August 14th will be issued a $1.28 dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $5.12 annualized dividend and a yield of 3.10%. W.W. Grainger’s dividend payout ratio (DPR) is presently 59.12%.
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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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