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W.W. Grainger, Inc. (NYSE:GWW) updated its FY14 earnings guidance on Wednesday. The company provided EPS guidance of $12.10-12.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $12.63, American Banking and Market News reports. The company issued revenue guidance of +5-9% to ~$9.91-10.29 billion, compared to the consensus revenue estimate of $10.08 billion.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a hold rating on shares of W.W. Grainger in a research note on Tuesday. They now have a $272.00 price target on the stock. On a related note, analysts at Susquehanna initiated coverage on shares of W.W. Grainger in a research note on Friday, April 4th. They set a neutral rating on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of W.W. Grainger in a research note on Friday, February 21st. They now have a $260.00 price target on the stock. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of $257.60.

W.W. Grainger, Inc. (NYSE:GWW) opened at 250.77 on Wednesday. W.W. Grainger, Inc. has a 1-year low of $228.19 and a 1-year high of $276.38. The stock’s 50-day moving average is $252.5 and its 200-day moving average is $254.7. The company has a market cap of $17.252 billion and a P/E ratio of 22.53.

W.W. Grainger (NYSE:GWW) last announced its earnings results on Wednesday, April 16th. The company reported $3.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.96 by $0.11. The company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same quarter last year, the company posted $2.94 earnings per share. W.W. Grainger’s revenue was up 4.6% compared to the same quarter last year. On average, analysts predict that W.W. Grainger, Inc. will post $12.63 earnings per share for the current fiscal year.

W.W. Grainger, Inc, is a distributor of maintenance, repair and operating (NYSE:GWW) supplies and other related products and services used by businesses and institutions primarily in the United States and Canada .

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