|Bid||262.00 x 900|
|Ask||300.00 x 800|
|Day's Range||271.12 - 278.64|
|52 Week Range||255.09 - 372.06|
|Beta (3Y Monthly)||1.37|
|PE Ratio (TTM)||19.24|
|Earnings Date||Jul 24, 2019|
|Forward Dividend & Yield||5.76 (2.12%)|
|1y Target Est||302.07|
Today we'll take a closer look at W.W. Grainger, Inc. (NYSE:GWW) from a dividend investor's perspective. Owning a...
NEW YORK, June 11, 2019 /PRNewswire/ -- Rose & Company announced today that Laura Dempsey Brown has joined the firm as a Senior Advisor. Ms. Brown previously developed and led the investor relations and communications programs at W.W. Grainger, Inc. (GWW), a leading broad line supplier of maintenance, repair and operating products. "Laura is a recognized leader in our industry and brings world class strategic investor relations and communications expertise and experience to our firm," said Simon Rose, Chief Executive Officer of Rose & Company.
(Bloomberg Opinion) -- The U.S. stock market has been surprisingly resilient in recent months despite signs that the U.S. economy is slowing. Behind the lofty broad market averages, however, disagreements are intensifying about the value of individual stocks, an indication that the overall outlook is increasingly uncertain. Friday’s jobs report was just the latest in a series of recently shaky economic numbers. Employers added 75,000 workers in May, well below estimates, bringing the four-month average to just 105,000 new jobs a month since February. The Institute for Supply Management’s manufacturing index dropped to 52.1 in May from its recent high of 60.8 in August. Inflation is struggling to reach the Federal Reserve’s target of 2% a year. And those numbers don’t yet fully reflect the negative impact of the U.S.’s deepening trade dispute with China, never mind the White House’s threatened tariffs on other trading partners.The bond market is clearly concerned. The yield on 10-year Treasuries has tumbled to 2.1% from 3.2% in November. Perhaps more noteworthy, the spread between the yield on 10-year and three-month Treasuries is a negative 0.2%, the deepest inversion since the run-up to the 2008 financial crisis. The stock market, on the other hand, shows few signs of stress. The S&P 500 Index is hanging around its all-time high. The CBOE Volatility Index, or VIX, which measures expected volatility for the S&P 500 over the next 30 days, is up modestly in recent weeks but nowhere near the levels notched in December or in previous bouts of anxiety. And analysts’ price target for the S&P 500 is a hopeful 3,183.88 as of Friday, or 10% higher than the index’s current price.Look closer, however, and cracks begin to appear. Analysts rarely agree on how stocks should be priced, but the degree of disagreement varies considerably over time. As the outlook becomes murkier, the disagreements escalate.One way to measure the level of those disagreements is by comparing analysts’ high and low price targets for individual stocks. I looked at the price targets for each stock in the Russell 1000 Index over the last 15 years, the longest period for which numbers are available. In 2004, the economy was well into its recovery from the dot-com bust a few years earlier. The median premium, or the percentage by which the top price target was higher than the bottom, was 21%. But as the recovery matured in subsequent years and the economic outlook became cloudier, the differences between those high and low price targets widened. By 2008, the median premium nearly doubled to 36%, and as the economy struggled to recover from the financial crisis in 2009, the median premium spiked to 53%.When the crisis eased, so did the disagreements. The median premium fell to 33% in 2010 and hung around that level through 2017. That began to change last year, however. The median premium rose to 38% in 2018 and is now 44%, the highest reading since 2009.The disagreement over the value of Tesla Inc.’s stock is probably best known, but Tesla is far from the only controversy. Tesla’s high price target is $530 a share and the low is $54, according to Bloomberg data, which is a whopping premium of 881%. And yet it ranks just 19th among the highest premiums in the Russell 1000.The 18 stocks that precede Tesla represent seven industries and include names such as Cboe Global Markets Inc., with a premium 1,176%, WW Grainger Inc., with a premium of 1,950%, Alleghany Corp., with a premium of 3,082%, and the reigning champion O’Reilly Automotive Inc., with a premium of 6,614%.None of this means that the market is poised for a fall. But it does mean that the outlook for U.S. stocks is more uncertain than it has been for many years, and that the broad market averages are not as sure-footed as they appear.To contact the author of this story: Nir Kaissar at firstname.lastname@example.orgTo contact the editor responsible for this story: Daniel Niemi at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Nir Kaissar is a Bloomberg Opinion columnist covering the markets. He is the founder of Unison Advisors, an asset management firm. He has worked as a lawyer at Sullivan & Cromwell and a consultant at Ernst & Young. For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter. Trends reversed 180 degrees during the first quarter amid Powell's pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a disproportionate amount of their […]
W W Grainger Inc NYSE:GWWView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for GWW with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 14. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding GWW totaled $5.45 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
DG Macpherson has been the CEO of W.W. Grainger, Inc. (NYSE:GWW) since 2016. First, this article will compare CEO...
W.W. Grainger (GWW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
CHICAGO , May 16, 2019 /PRNewswire/ -- Grainger (NYSE: GWW), the leading broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced plans ...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Shares of W.W. Grainger, Inc. (NYSE:GWW) will begin trading ex-dividend in 2 days. To qualify for the...
It took a while for traders to decide what they thought of Friday's surprisingly good first-quarter GDP report. By the time the closing bell rang though, the market saw the number as mostly bullish, driving the S&P 500 up 0.47% to a record-high close of 2,939.88.Source: Allan Ajifo via Wikimedia (Modified)Ford Motor (NYSE:F) and General Electric (NYSE:GE) did a great deal of the heavy lifting. Shares of the carmaker were up nearly 11% on a fantastic first-quarter print, while GE rallied almost 5%, as investors started to wade in before it posts its first-quarter numbers on Tuesday. The masses now seem to expect an encouraging set of figures.At the end of the table, Intel (NASDAQ:INTC) fell 9% on the heels of a disappointing full-year outlook. Prior 2019 sales guidance of $71.5 billion has been pared back to $69 billion, down 3% year-over-year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 A-Rated Stocks That Are Under $10 None of those names are great trading prospects after such wild swings in the rearview mirror though. Rather, it's the stock charts of Weyerhaeuser (NYSE:WY), AES (NYSE:AES) and W W Grainger (NYSE:GWW) that merit the closest looks from traders. W W Grainger (GWW)W W Grainger has thrown lots of curve balls over the course of the past few months, to traders on both sides of the fence. Its true direction remains in question. As of Friday though, the bears seem to be on the winning side of the short-term ebb and flow, if -- and this is a big if -- the low from last week and the low from last month fails to hold up as support. Click to Enlarge * That technical floor is around $286.30, plotted with a white dashed line on both GWW stock charts. * As of last week, the gray 100-day moving average line has become a resistance line, after acting as support earlier in the month. Both of those events are highlighted on the daily chart. * If and when the technical support at $286.30 fails to hold up as a floor, the next most likely landing spot is right around $265, plotted with a red dashed line on both stock charts. That's where GWW stock made a double bottom over the course of Q4. AES (AES)Sometimes reversals decisively take shape in an instant. Other times a stock gradually eases into one.The rollover from shares of utility name AES is of the latter ilk. That is, after a nice rally in January, the advance slowed into an arc shape that as of last week has morphed into a full-blown, slow downtrend. * 7 A-Rated Stocks That Are Under $10 Click to Enlarge * The confirming clue is last week's move below the purple 50-day and blue 20-day moving average lines, followed by a move to an even lower low and lower close on Friday. * Bolstering the bearish case is the way the selling volume unfurled to above-average levels with Friday's weakness. * Zooming out to the weekly chart, not only is it clear AES stock became well overbought last month, we now have a fresh bearish MACD crossunder. Weyerhaeuser (WY)Like most other stocks, Weyerhaeuser had a pretty rough fourth quarter, but also like most other stocks, WY stock reversed course in late-December. That rebound petered out pretty early though, bumping into a familiar ceiling in early February and continuing to bump into it without crossing it all the way through the end of last week.As of Friday though, that technical ceiling is once again being tested, and the buyers have shown their strongest hand yet. One more good day could get Weyerhaeuser over that key hump, and put it in position for one last major showdown. It already has the undertow it needs. Click to Enlarge * The resistance line in question is plotted in yellow, tagging all the major peaks going back to November. * Notice that Friday's gain was formed on strong, above average volume. There may be more would-be buyers waiting in the wings than it seems on the surface. * The next and last big ceiling that could come into play -- if the aforementioned straight-line resistance is hurdled -- is the 200-day moving average line, plotted in white on both WY stock charts.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 5 Hot Dividend Stocks to Buy as the Weather Heats Up * 7 Dividend Stocks That Could Double Over the Next Five Years * 10 Stocks to Sell Before They Give Back 2019 Gains * 7 Cloud Stocks to Buy Now Compare Brokers The post 3 Big Stock Charts for Monday: W W Grainger, AES and Weyerhaeuser appeared first on InvestorPlace.
W.W. Grainger Inc. said Wednesday that it was raising its quarterly dividend by 6% to $1.44 a share, from $1.36 a share. The new dividend is payable June 1 to shareholders of record on May 13. The supplier of maintenance and repair products said it also authorized a 5 million share repurchase program, to replace the existing program, with no time limit. The stock was up 0.3% in midday trade. Based on current prices, the new annual dividend rate implies a dividend yield of 1.96%, compared with the yield for the SPDR Industrial Select Sector ETF of 1.91% and the implied yield for the S&P 500 of 1.95%, according to FactSet. And with 55.44 million shares outstanding, the new buyback program represents about 9% of the shares outstanding. The stock has gained 5.3% over the past 12 months, while the industrial ETF has advanced 7.2% and the S&P 500 has climbed 11.3%.
CHICAGO , April 24, 2019 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE: GWW) held its annual shareholder meeting in Lake Forest, Ill. , today. Chairman and CEO DG Macpherson provided an update on the state ...
CHICAGO, April 24, 2019 /PRNewswire/ -- W.W. Grainger, Inc. (GWW) announced today that its board of directors approved a quarterly cash dividend of $1.44 per share, an increase of 6 percent from the dividend paid in March 2019. The dividend is payable on June 1, 2019, to shareholders of record on May 13, 2019. Grainger has delivered 48 consecutive years of increased dividends.
The industrial supply company booked healthy profits but found it difficult to nudge its top line in the first quarter.
After W.W. Grainger, Inc.'s (NYSE:GWW) earnings announcement in December 2018, analysts seem cautiously optimistic, with profits predicted to increase by 28% next year...
Stocks ended Monday’s session mixed as investors awaited quarterly results from an onslaught of major corporations across sectors, with consensus estimates pointing to a broad-based decline in earnings over last year.