Somewhat Positive Media Coverage Somewhat Unlikely to Impact W W Grainger (GWW) Share Price
Media headlines about W W Grainger (NYSE:GWW) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. W W Grainger earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.965514967417 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- W W Grainger Inc (GWW) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- W W Grainger Inc (GWW) Position Lifted by State of Tennessee Treasury Department (americanbankingnews.com)
- Grainger To Present At Raymond James 39th Annual Institutional Investors Conference (finance.yahoo.com)
- W W Grainger Inc (GWW) Shares Sold by Landscape Capital Management L.L.C. (americanbankingnews.com)
- Yorktown Management & Research Co Inc Purchases New Holdings in W W Grainger Inc (GWW) (americanbankingnews.com)
Shares of W W Grainger (NYSE:GWW) traded down $0.41 during trading on Friday, reaching $255.30. 900,693 shares of the company’s stock were exchanged, compared to its average volume of 846,102. The firm has a market capitalization of $14,346.71, a P/E ratio of 25.48, a price-to-earnings-growth ratio of 1.91 and a beta of 0.87. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.13 and a quick ratio of 1.18. W W Grainger has a 12-month low of $155.00 and a 12-month high of $298.14.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. Shareholders of record on Monday, February 12th were paid a dividend of $1.28 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $5.12 dividend on an annualized basis and a yield of 2.01%. W W Grainger’s payout ratio is 51.10%.
Several equities analysts recently commented on GWW shares. Royal Bank of Canada restated a “sell” rating and issued a $192.00 price target on shares of W W Grainger in a research note on Thursday, January 4th. Zacks Investment Research downgraded shares of W W Grainger from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 16th. Credit Suisse Group restated an “underperform” rating and issued a $190.00 price target (up from $172.00) on shares of W W Grainger in a research note on Tuesday, January 9th. They noted that the move was a valuation call. TheStreet upgraded shares of W W Grainger from a “c+” rating to a “b-” rating in a research note on Wednesday, December 13th. Finally, Oppenheimer restated a “buy” rating and issued a $245.00 price target on shares of W W Grainger in a research note on Monday, November 13th. Six research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $234.38.
In other news, Director Lucas E. Watson acquired 195 shares of W W Grainger stock in a transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Eric R. Tapia sold 100 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $266.06, for a total transaction of $26,606.00. Following 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. Corporate insiders own 9.60% of the company’s stock.
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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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