amazon might buy this company stock at $50.00 a share.
All the money spent on buying back stock at higher prices were wasted .Jim Ryan walking away with millions...sad ..
I must say the extended losses in GWW's stock price has gone deeper than I anticipated. I am willing to buy more if it dips below $160 to average my position down from the mid-$170's. I'm still confident this will rebound at some point. Sales and profit growth would be nice, but I think stability in both should be enough to start increasing the stock price slowly from here. Their profitability metrics are still somewhat solid with ROE (26%), ROA (9%) and most importantly ROIC (13%), although they have trended down slightly over the past couple years.
If you want to collect this quarter's dividend (I believe $1.28 this quarter), be sure you're in the stock by EOD (August 9th). Best of luck longs...
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.5 In other words, the correlation coefficient of the other stocks
BOYCOTT AMAZON as they seek to take over the entire world.
Time to send Mike DeAngelis out to pasture. He's been here for almost 30 years & DOES NOT work anymore - Just gets paid. He actually works no more than one day per week
If you are not BOYCOTTING AMAZON, you deserve losing money in this stock. AMAZON IS THE REASON IT IS GOING DOWN.
Bad decision by inept executives. They are doing the same thing that IBM did few years ago: Making expensive share buybacks with debt to artificially improve earnings on the short term while the business is in decline, instead of massively invest directly to improve the business itself. They have spent so far (since 2015) close to $1.5 B in share buyback, all borrowed money. Ridiculous. And they have solve nothing, except to close many Canadian stores and the Columbian division. No doubt Amazon is eating their lunch and removing shares won't stop that, neither their little tweaking with their biggest customers. If that $1.5 B had been invested to improve their business model, the stock price wouldn't be in a free fall. Wake up before it is too late and stop pouring more money in the money pit of share buybacks.
Now Gamut and Zoro- they must have to protect the high margin Grainger proper site business by creating all of these offshoots. Is it really that much business to where it's better to create all these entities, rather than just fixing the Grainger site and moving on. I'm assuming they have drilled thru those numbers correctly... Can you imagine being a Grainger customer and having to check 3 different sites to see which division has the best price today. lol. it even sounds ridiculous.
There's no denying that GWW's stock is getting crushed at the moment... For holders who had this around the highs in 2013 ($276) or even last year, it's a very painful hit of about 40%. I've been there with other stocks and it's no fun. With that said, although earnings are off about 8% as compared to 2013, free cash flow is about the same as 2013 and they've decreased the share count by about 15% over the past 4 years, meaning they're actually bringing in more per share. It's a challenging environment, but I believe the company is still doing right by the shareholders and I don't believe GWW is worth 40% less than it was 4 years ago. I think it was likely moderately overvalued then and is moderately undervalued now. Their balance sheet is still rock solid and they have a lot of flexibility in their operations as the current shift to a more competitive model is showing. I see the current pricing pressures hurting everyone in the short term, but over the long term shaking out the smaller weaker players which will be a boon to the larger players including GWW (even with AMZN now in the game). The current free cash flow yield of 6%ish should ensure at least those level of returns (+ dividend so closer to 10% when compounding dividends) over the long term from here, considering the current P/E of 15ish which is reasonable. Just my unprofessional $0.02. I bought today in the $168 range.
Nibbled away at $160.98
Heard GWW couldn't handle the Techni-Tool business and sold to Test Equity....Any truth to that???
Is GWW overvalued at current levels? Im not sure about you guys but AWE-some.Stocks has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
Is Grainger a takeover target by Amazon?
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GWW is up 4.92% to 179.00
Another bad decision competing with themselves Gamut .Dump the whole management team and fast.
Need new management team and quick.Some of these managers and district managers have been around too long.Need activist on board.