EPS for W W Grainger Inc (GWW) Expected At $2.59

September 17, 2017 - By Dolores Ford

 EPS for W W Grainger Inc (GWW) Expected At $2.59
Investors sentiment decreased to 0.96 in 2016 Q4. Its down 0.03, from 0.99 in 2016Q3. It dropped, as 44 investors sold W W Grainger Inc shares while 197 reduced holdings. 72 funds opened positions while 159 raised stakes. 46.08 million shares or 3.44% less from 47.72 million shares in 2016Q3 were reported.
Moreover, Haverford Finance Incorporated has 2.53% invested in W W Grainger Inc (NYSE:GWW). Blackrock Institutional Tru Na holds 1.47M shares or 0.05% of its portfolio. Delta Lloyd Nv holds 0.05% or 7,372 shares. Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.03% in W W Grainger Inc (NYSE:GWW). Macquarie Group Inc has invested 0% in W W Grainger Inc (NYSE:GWW). Franklin Resources invested in 0.14% or 1.20M shares. Cibc World stated it has 0.01% in W W Grainger Inc (NYSE:GWW). Fiduciary Trust reported 0.08% of its portfolio in W W Grainger Inc (NYSE:GWW). Principal Fincl Gru Incorporated reported 83,963 shares. Glenview Savings Bank Trust Dept stated it has 955 shares or 0.12% of all its holdings. First Allied Advisory Services reported 6,441 shares. Uss Management Limited invested in 25,342 shares. Lombard Odier Asset (Europe) Limited invested in 900 shares or 0.08% of the stock. 49,654 were accumulated by State Of Tennessee Treasury Department. Seaward Lp holds 0.62% of its portfolio in W W Grainger Inc (NYSE:GWW) for 50,180 shares.

Wall Street await W W Grainger Inc (NYSE:GWW) to release earnings on October, 17 before the open. Analysts forecast EPS of $2.59, down exactly $0.47 or 15.36 % from 2014’s $3.06 EPS. The expected GWW’s profit could reach $149.47M giving the stock 16.31 P/E in the case that $2.59 earnings per share is reported. After posting $2.74 EPS for the previous quarter, W W Grainger Inc’s analysts now forecast -5.47 % negative EPS growth. The stock decreased 0.20% or $0.34 on September 15, reaching $168.95. About 933,901 shares traded or 21.36% up from the average. W W Grainger Inc (NYSE:GWW) has declined 21.15% since September 17, 2016 and is downtrending. It has underperformed by 37.85% the S&P500.

W W Grainger Inc (NYSE:GWW) Ratings Coverage

Among 15 analysts covering W.W. Grainger (NYSE:GWW), 1 have Buy rating, 3 Sell and 11 Hold. Therefore 7% are positive. W.W. Grainger had 70 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of GWW in report on Wednesday, July 19 with “Hold” rating. As per Thursday, July 20, the company rating was maintained by Stifel Nicolaus. The firm has “Equal-Weight” rating given on Monday, April 18 by Barclays Capital. The rating was maintained by William Blair with “Buy” on Monday, August 31. On Thursday, January 26 the stock rating was upgraded by Deutsche Bank to “Hold”. Macquarie Research downgraded W W Grainger Inc (NYSE:GWW) on Friday, May 26 to “Neutral” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, March 8 report. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, August 21 report. Stifel Nicolaus maintained the shares of GWW in report on Thursday, October 1 with “Buy” rating. The firm has “Sector Weight” rating given on Friday, December 18 by KeyBanc Capital Markets.

W.W. Grainger, Inc. is a distributor of maintenance, repair and operating (MRO) supplies and other related services and products. The company has market cap of $9.75 billion. The Firm offers its services and products to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America. It has a 19.44 P/E ratio. The Firm operates through two divisions, which include the United States and Canada.

More important recent W W Grainger Inc (NYSE:GWW) news were published by: Seekingalpha.com which released: “A Dividend Aristocrat On Sale: WW Grainger” on September 06, 2017, also Seekingalpha.com published article titled: “Grainger: Getting It Done (For Less)”, Nasdaq.com published: “WW Grainger Reaches Analyst Target Price” on September 15, 2017. More interesting news about W W Grainger Inc (NYSE:GWW) was released by: Seekingalpha.com and their article: “WW Grainger – Not Out Of The Woods” with publication date: September 09, 2017.

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