For its second fiscal quarter (ending June 30), W.W. Grainger Inc (NYSE: GWW) has reported E.P.S. of $9.54 compared to $9.32 a year ago. For the latest four quarters through June 30, E.P.S. were $36.60 versus $34.87 for the same period a year ago.
Recent Price Action
W.W. Grainger Inc (NYSE: GWW) stock closed at $942.36 on 8/1/24 after a decline of -3.5%. Moreover, this decline was accompanied by exceptionally high trading volume at 212% of normal. The stock has risen 1.0% during the last week and has been strong relative to 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 (High 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 39 but a good Power Rating of 77, triggering the High 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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