Wall Street analysts expect W W Grainger Inc (NYSE:GWW) to report earnings per share (EPS) of $4.64 for the current fiscal quarter, Zacks reports. Seven analysts have provided estimates for W W Grainger’s earnings, with the lowest EPS estimate coming in at $4.39 and the highest estimate coming in at $4.79. W W Grainger posted earnings per share of $4.51 in the same quarter last year, which would indicate a positive year over year growth rate of 2.9%. The company is scheduled to report its next quarterly earnings results on Monday, April 27th.

According to Zacks, analysts expect that W W Grainger will report full year earnings of $18.59 per share for the current year, with EPS estimates ranging from $18.20 to $19.00. For the next fiscal year, analysts anticipate that the firm will report earnings of $20.06 per share, with EPS estimates ranging from $19.18 to $20.77. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that follow W W Grainger.

W W Grainger (NYSE:GWW) last announced its earnings results on Thursday, January 30th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.00 by ($0.12). W W Grainger had a net margin of 7.39% and a return on equity of 45.63%. The firm had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.85 billion. During the same period last year, the firm earned $3.96 earnings per share. W W Grainger’s revenue for the quarter was up 3.0% compared to the same quarter last year.

Several research firms have commented on GWW. Stephens lowered their target price on shares of W W Grainger from $330.00 to $322.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. Morgan Stanley upped their price target on shares of W W Grainger from $338.00 to $342.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Wolfe Research upgraded shares of W W Grainger from an “underperform” rating to a “peer perform” rating in a research note on Thursday, January 9th. William Blair upgraded shares of W W Grainger from a “market perform” rating to an “outperform” rating in a research note on Wednesday. Finally, Gabelli raised shares of W W Grainger from a “hold” rating to a “buy” rating in a research report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $308.82.

Shares of NYSE GWW traded up $2.29 during mid-day trading on Friday, reaching $307.65. The company had a trading volume of 183,295 shares, compared to its average volume of 356,658. W W Grainger has a twelve month low of $255.09 and a twelve month high of $346.60. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.13 and a current ratio of 2.12. The stock has a market capitalization of $16.06 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 1.35 and a beta of 0.97. The stock’s 50 day moving average is $327.45 and its 200-day moving average is $307.50.

The firm also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Monday, February 10th will be paid a $1.44 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $5.76 annualized dividend and a yield of 1.87%. W W Grainger’s payout ratio is currently 33.31%.

Institutional investors have recently added to or reduced their stakes in the company. Amundi Pioneer Asset Management Inc. increased its position in W W Grainger by 0.3% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 56,676 shares of the industrial products company’s stock valued at $17,056,000 after purchasing an additional 164 shares during the period. BlackRock Inc. increased its position in W W Grainger by 1.8% during the 2nd quarter. BlackRock Inc. now owns 3,321,702 shares of the industrial products company’s stock valued at $890,979,000 after purchasing an additional 58,248 shares during the period. Pennsylvania Trust Co increased its position in W W Grainger by 7.6% during the 3rd quarter. Pennsylvania Trust Co now owns 1,250 shares of the industrial products company’s stock valued at $371,000 after purchasing an additional 88 shares during the period. Crossmark Global Holdings Inc. increased its position in W W Grainger by 1.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 9,096 shares of the industrial products company’s stock valued at $2,703,000 after purchasing an additional 125 shares during the period. Finally, We Are One Seven LLC increased its position in W W Grainger by 5.2% during the 3rd quarter. We Are One Seven LLC now owns 815 shares of the industrial products company’s stock valued at $242,000 after purchasing an additional 40 shares during the period. Institutional investors own 72.07% of the company’s stock.

W W Grainger Company Profile

W.W. Grainger, Inc distributes maintenance, repair, and operating (MRO) products and services in the United States, Canada, Europe, Japan, Mexico, and internationally. The company provides material handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies, and metalworking tools, as well as gloves, ladders, motors, and janitorial supplies.

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Earnings History and Estimates for W W Grainger (NYSE:GWW)

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