W W Grainger (NYSE:GWW) will be issuing its quarterly earnings data on Wednesday, January 24th. Analysts expect the company to announce earnings of $2.17 per share for the quarter.

W W Grainger (NYSE:GWW) last issued its earnings results on Tuesday, October 17th. The industrial products company reported $2.90 EPS for the quarter, beating 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 analyst estimates of $2.65 billion. During the same period in the previous year, the company posted $3.06 EPS. The firm’s revenue was up 1.5% compared to the same quarter last year. On average, analysts expect W W Grainger to post $11 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Shares of W W Grainger (NYSE GWW) opened at $231.81 on Wednesday. W W Grainger has a 12-month low of $155.00 and a 12-month high of $262.71. The company has a market capitalization of $13,210.00, a PE ratio of 27.50, a P/E/G ratio of 2.20 and a beta of 0.82. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.28 and a quick ratio of 1.28.

In other news, VP Paige K. Robbins sold 346 shares of the business’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 owns 8,400 shares in the company, valued at approximately $1,699,404. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP John L. Howard sold 21,000 shares of the business’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 value of $4,631,760.00. The disclosure for this sale can be found here. Insiders sold a total of 30,694 shares of company stock worth $6,873,861 in the last 90 days. Company insiders own 9.60% of the company’s stock.

GWW has been the subject of a number of research analyst reports. Zacks Investment Research lowered W W Grainger from a “hold” rating to a “sell” rating in a research report on Tuesday, September 19th. Royal Bank of Canada boosted their price objective on W W Grainger from $145.00 to $146.00 and gave the stock an “underperform” rating in a report on Wednesday, October 18th. 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. BMO Capital Markets reissued a “market perform” rating and set a $178.00 price objective (up from $165.00) on shares of W W Grainger in a report on Monday, October 9th. Finally, TheStreet raised W W Grainger from a “c+” rating to a “b-” rating in a report on Wednesday, December 13th. Seven research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $195.77.

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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.

Earnings History for W W Grainger (NYSE:GWW)

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