TipRanks (Mon, 9-Dec 9:40 AM ET)
GRAINGER REPORTS RESULTS FOR THE THIRD QUARTER 2024
PRNewswire (Thu, 31-Oct 8:00 AM ET)
GRAINGER DECLARES QUARTERLY DIVIDEND
PRNewswire (Wed, 30-Oct 1:02 PM ET)
Construction begins on massive Grainger distribution center
PRNewswire (Wed, 2-Oct 9:00 AM ET)
W.W. Grainger distributes maintenance, repair, and operations products that are sourced from over 5,000 suppliers. The company serves more than 4.5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches.
W.W. Grainger trades on the NYSE stock market under the symbol GWW.
As of December 11, 2024, GWW stock price declined to $1,155.50 with 182,972 million shares trading.
GWW has a beta of 0.91, meaning it tends to be less sensitive to market movements. GWW has a correlation of 0.28 to the broad based SPY ETF.
GWW has a market cap of $56.42 billion. This is considered a Large Cap stock.
Last quarter W.W. Grainger reported $4 billion in Revenue and $9.87 earnings per share. This fell short of revenue expectation by $-12 million and missed earnings estimates by -$.10.
In the last 3 years, GWW traded as high as $1,227.66 and as low as $440.48.
The top ETF exchange traded funds that GWW belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.
GWW has outperformed the market in the last year with a return of +44.7%, while the SPY ETF gained +33.5%. In the last 3 month period, GWW beat the market returning +18.4%, while SPY returned +11.0%. However, in the most recent 2 weeks GWW has underperformed the stock market by returning -5.1%, while SPY returned +1.1%.
GWW support price is $1,145.31 and resistance is $1,169.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GWW shares will trade within this expected range on the day.