A share price of W.W. Grainger Inc. [GWW] is currently trading at $1085.04, up 5.84%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GWW shares have gain 5.01% over the last week, with a monthly amount glided 8.84%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
W.W. Grainger Inc. [NYSE: GWW] stock has seen the most recent analyst activity on October 07, 2024, when BofA Securities initiated its Underperform rating and assigned the stock a price target of $925. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on September 06, 2024, and set its price target to $990. On May 29, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $975 on the stock. Stephens upgraded its rating to a Overweight and increased its price target to $1250 on April 29, 2024. Loop Capital downgraded its rating to a Hold and raised its price target to $1000 on February 20, 2024. Oppenheimer reiterated a Outperform rating for this stock on January 03, 2024, and upped its price target to $930. In a note dated December 20, 2023, Jefferies downgraded an Hold rating on this stock but restated the target price of $825.
W.W. Grainger Inc. experienced fluctuations in its stock price throughout the past year between $674.41 and $1049.02. Currently, Wall Street analysts expect the stock to reach $778.56 within the next 12 months. W.W. Grainger Inc. [NYSE: GWW] shares were valued at $1085.04 at the most recent close of the market. An investor can expect a potential drop of -28.25% based on the average GWW price forecast.
Analyzing the GWW fundamentals
Trailing Twelve Months sales for W.W. Grainger Inc. [NYSE:GWW] were 16.75B which represents 3.11% growth. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.22, Equity is 0.55 and Total Capital is 0.43. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.72.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1,057.75 points at the first support level, and at 1,030.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 1,100.59, and for the 2nd resistance point, it is at 1,116.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for W.W. Grainger Inc. [NYSE:GWW] is 2.30. As well, the Quick Ratio is 1.40, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 3.16, the price to book ratio is 16.19 and price to earnings (TTM) ratio is 29.58.
Transactions by insiders
Recent insider trading involved Macpherson Donald G, Chairman and CEO, that happened on Sep 30 ’24 when 12992.0 shares were sold. Director, DONALD MACPHERSON completed a deal on Sep 30 ’24 to buy 12992.0 shares. Meanwhile, Chairman and CEO Macpherson Donald G sold 27502.0 shares on Sep 16 ’24.
