For its third fiscal quarter (ending September 30), W.W. Grainger Inc (NYSE: GWW) has reported a 5% increase in E.P.S. from $9.47 a year ago to $9.90 in the current quarter. For the latest four quarters through September 30, E.P.S. were $37.03 versus $36.03 for the same period a year ago — an increase of 3%.
Recent Price Action
W.W. Grainger Inc (NYSE: GWW) stock rose modestly by 0.9% on 10/31/24. The stock closed at $1109.23. Moreover, this advance was accompanied by exceptionally high trading volume at 243% of normal. The stock has risen 1.5% 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 exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
W.W. Grainger has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. W.W. Grainger has a slightly negative Appreciation Score of 34 but a good Power Rating of 73, leading to the Neutral Value Trend Rating.
Rating Review
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.
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