W W Grainger (NYSE:GWW) is scheduled to issue its quarterly earnings data on Wednesday, July 18th. Analysts expect the company to announce earnings of $3.51 per share for the quarter. W W Grainger has set its FY18 guidance at $14.30-15.30 EPS.
W W Grainger (NYSE:GWW) last released its quarterly earnings results on Thursday, April 19th. The industrial products company reported $4.18 EPS for the quarter, topping the consensus estimate of $3.44 by $0.74. The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.72 billion. W W Grainger had a return on equity of 39.23% and a net margin of 6.03%. W W Grainger’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.88 EPS. On average, analysts expect W W Grainger to post $15 EPS for the current fiscal year and $17 EPS for the next fiscal year.
W W Grainger stock opened at $305.28 on Wednesday. The company has a market cap of $16.75 billion, a P/E ratio of 26.76, a P/E/G ratio of 1.66 and a beta of 0.81. The company has a current ratio of 2.20, a quick ratio of 1.24 and a debt-to-equity ratio of 1.17. W W Grainger has a one year low of $155.00 and a one year high of $322.34.
GWW has been the topic of several recent research reports. ValuEngine raised W W Grainger from a “hold” rating to a “buy” rating in a research report on Saturday, April 21st. Zacks Investment Research raised W W Grainger from a “hold” rating to a “buy” rating and set a $318.00 price target on the stock in a research report on Wednesday, April 4th. Stifel Nicolaus boosted their price target on W W Grainger from $270.00 to $297.00 and gave the stock a “hold” rating in a research report on Monday, April 23rd. Stephens set a $282.00 price objective on W W Grainger and gave the stock a “hold” rating in a report on Friday, April 13th. Finally, Deutsche Bank set a $275.00 price objective on W W Grainger and gave the stock a “hold” rating in a report on Friday, April 6th. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $260.75.
In other W W Grainger news, VP Ronald L. Jadin sold 29,000 shares of W W Grainger stock in a transaction that occurred on Tuesday, April 24th. The stock was sold at an average price of $286.93, for a total transaction of $8,320,970.00. Following the sale, the vice president now directly owns 49,459 shares in the company, valued at approximately $14,191,270.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Eric R. Tapia sold 216 shares of the business’s stock in a transaction that occurred on Thursday, May 3rd. The shares were sold at an average price of $278.73, for a total value of $60,205.68. Following the completion of the sale, the vice president now owns 3,870 shares of the company’s stock, valued at $1,078,685.10. The disclosure for this sale can be found here. Insiders have sold a total of 31,481 shares of company stock worth $9,095,942 over the last 90 days. 10.10% of the stock is owned by company insiders.
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.
Receive News & Ratings for W W Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W W Grainger and related companies with MarketBeat.com's FREE daily email newsletter.