Alert: Positive Investment/Fundamental Signals (10/17/19)-Grainger (W.W.) Inc (NYSE: GWW)


Extremely significant positive changes in Grainger (W.W.) Inc (NYSE: GWW) investment behavior have recently occurred: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.

Recent slight positive changes in fundamentals have benefitted Grainger (W.W.) Inc (NYSE: GWW): significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

GWW’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Grainger (W.W.) has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Grainger (W.W.) has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 39, and the Low Neutral Value Trend Rating results.

Recent Price Action

On 10/17/19, Grainger (W.W.) Inc (NYSE: GWW) stock rose modestly by 0.9%, closing at $310.74. However, unusually low trading volume at 64% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 9.4% during the last week.

About John Lafferty 77149 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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