For its first fiscal quarter (ending March 31), W.W. Grainger Inc (NYSE: GWW) has reported E.P.S. of $9.65 compared to $9.66 a year ago. E.P.S. were $36.37 for the latest four quarters through March 31 versus $32.77 for the same period a year ago.
Recent Price Action
W.W. Grainger Inc (NYSE: GWW) stock declined modestly by -1.1% on 4/25/24. The stock closed at $947.84. Moreover, unusually high trading volume at 198% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
GWW is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
W.W. Grainger has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. W.W. Grainger has a neutral Appreciation Score of 45 but a very high Power Rating of 95, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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