W.W. Grainger Inc [GWW] stock prices are up 0.50% to $1093.36 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GWW shares have gain 2.88% over the last week, with a monthly amount drifted -4.84%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On October 17, 2024, downgrade downgraded it’s rating to Perform. Robert W. Baird upgraded its rating to a Outperform and increased its price target to $1230 on October 16, 2024. BofA Securities initiated its recommendation with a Underperform and recommended $925 as its price target on October 07, 2024. Morgan Stanley started tracking with a Equal-Weight rating for this stock on September 06, 2024, and assigned it a price target of $990. In a note dated May 29, 2024, Robert W. Baird downgraded an Neutral rating on this stock and revised its target price from $1000 to $975.
The stock price of W.W. Grainger Inc [GWW] has been fluctuating between $833.50 and $1227.66 over the past year. Currently, Wall Street analysts expect the stock to reach $1023.75 within the next 12 months. W.W. Grainger Inc [NYSE: GWW] shares were valued at $1093.36 at the most recent close of the market. An investor can expect a potential drop of -6.37% based on the average GWW price forecast.
Analyzing the GWW fundamentals
The W.W. Grainger Inc [NYSE:GWW] reported sales of 16.93B for trailing twelve months, representing a surge of 4.28%. 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 0.2, Equity is 0.55 and Total Capital is 0.38. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.92.
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 1,084.39 points at the first support level, and at 1,075.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 1,109.66, and for the 2nd resistance point, it is at 1,125.96.
Ratios To Look Out For
It’s worth pointing out that W.W. Grainger Inc [NYSE:GWW]’s Current Ratio is 2.59. In addition, the Quick Ratio stands at 1.68 and the Cash Ratio stands at 0.61. Considering the valuation of this stock, the price to sales ratio is 3.14, the price to book ratio is 15.20 and price to earnings (TTM) ratio is 29.46.
Transactions by insiders
Recent insider trading involved Thomson Laurie R, VP, Controller, that happened on Nov 13 ’24 when 125.0 shares were sold. Officer, LAURIE R THOMSON DECLARATION O completed a deal on Nov 13 ’24 to buy 125.0 shares. Meanwhile, Sr. VP & CLO Berardinelli Krantz Nancy L sold 253.0 shares on Nov 06 ’24.
