W W Grainger (NYSE:GWW) Target Raised by Morgan Stanley to $324.00

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W W Grainger stock has undergone multiple analysts rating changes in the recent past.  W W Grainger stock Target Raised by   Morgan Stanley on 6/30/2020. In a note to investors, the firm issued a new target price of $324.00. The analysts previously had $298.00 target price. Morgan Stanley’s price target would indicate a potential upside of 6.77% from the stock’s previous close.

Shares of W W Grainger traded up $7.22 on Tuesday, reaching $310.69. 133319 shares of the stock traded hands, compared to its average volume of 345105. Shares of were trading at $310.69 on Tuesday. The firm’s 50 day moving average is $$294.92 and its 200 day moving average is $300.28.W W Grainger  has a 12 month low of $304.06 and a 12 month high of $346.60. While on yearly highs and lows, W W Grainger today has traded high as $311.06 and has touched $304.06 on the downward trend.

W W Grainger Earnings and What to expect: 

W W Grainger last posted its quarterly earnings data on April 23rd, 2020. The industrial products company reported $4.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.42 by $0.18. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.87 billion. Its quarterly revenue was up 7.2% on a year-over-year basis. W W Grainger has generated $17.29 earnings per share over the last year and currently has a price-to-earnings ratio of 22.1. W W Grainger has confirmed that its next quarterly earnings report will be published on Thursday, July 23rd, 2020. W W Grainger will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Earnings for W W Grainger are expected to grow by 16.64% in the coming year, from $14.90 to $17.38 per share. The P/E ratio of W W Grainger is 21.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.26. The P/E ratio of W W Grainger is 21.86, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.76. W W Grainger has a PEG Ratio of 2.05. PEG Ratios above 1 indicate that a company could be overvalued. W W Grainger has a P/B Ratio of 8.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 13.97%
  • On 5/28/2020 VP Paige K Robbins Sell 3,840 at average share price of $312.66 which equates to $1,200,614.40 in money value.
  • On 11/7/2019 VP Eric R Tapia Sell 865 at average price of  $319.52 with total value of : Not Data Available
  • On 11/4/2019 VP Paige K Robbins Sell 340 at average price of  $318.32 with total value of : $108,228.80
  • See More Analyst Rating at: RATING

Other Analyst’s rating for W W Grainger

  • 6/23/2020 – W W Grainger had its price target raised by analysts at JPMorgan Chase & Co. from $270.00 to $291.00. They now have a “neutral” rating on the stock.
  • 6/2/2020 – W W Grainger was upgraded by analysts at Longbow Research from a “neutral” rating to a “buy” rating. They now have a $380.00 price target on the stock.
  • 4/24/2020 – W W Grainger had its price target lowered by analysts at Wells Fargo & Co from $275.00 to $250.00. They now have an “equal weight” rating on the stock.
  • 4/24/2020 – W W Grainger had its price target lowered by analysts at Oppenheimer Holdings Inc. from $335.00 to $325.00. They now have an “outperform” rating on the stock.
  • See More Analyst Rating at: RATING

Other rating updates by Morgan Stanley: 

  • 6/30/2020 – Emerson Electric had its price target raised by analysts at Morgan Stanley from $54.00 to $59.00. They now have an “equal weight” rating on the stock.
  • 6/30/2020 – Gates Industrial had its price target raised by analysts at Morgan Stanley from $9.00 to $11.00. They now have an “equal weight” rating on the stock.
  • 6/30/2020 – Plug Power had its price target raised by analysts at Morgan Stanley from $6.00. They now have an “equal weight” rating on the stock.
  • 6/30/2020 – Restaurant Brands International had its price target raised by analysts at Morgan Stanley from $60.00 to $62.00. They now have an “overweight” rating on the stock.
  • See More Analyst Rating at: RATING

W W Grainger (NYSE:GWW) Moving Average Technical Analysis

5 day Moving Average is $$298.74 And 5 day price change is $4.90 (1.63%)  with average volume for 5 day average is 345,890. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $308.60 and 20 day price change is -$8.61 (-2.73%) and average 20 day moving volume is 320,552. 50 day moving average is $294.92  and 50 day price change is $31.87 ( 11.61%)  and with average volume for 50 days is : 341,135. 200 day moving average is $300.28  and 200 day price change is $10.82 (3.66%)  and with average volume for 200 days is : 371,357.

See More Analyst Rating at: RATING