Grainger (W.W.) Inc (NYSE: GWW) has reported earnings for its third fiscal quarter (ending September 30) of $4.27 versus $1.84 for the same period a year ago — an increase of 132%. Relative to the consensus estimate of $4.40, this was a shortfall of $-0.13. E.P.S. were $17.17 for the latest four quarters through September 30 versus $12.76 for the same period a year ago — an increase of 35%.
Recent Price Action
Grainger (W.W.) Inc (NYSE: GWW) stock closed at $312.44 on 10/23/19 after a large decline of -2.1%. Moreover, this decline was accompanied by exceptionally high trading volume at 276% of normal. The stock has risen 1.7% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
GWW’s future returns on capital are forecasted to be above 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 highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Grainger (W.W.) has a neutral Appreciation Score of 52 and a neutral Power Rating of 42, with the Low Neutral Value Trend Rating the result.
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.