2-May-2024
TipRanks (Tue, 30-Apr 2:37 AM ET)
TipRanks (Mon, 29-Apr 8:15 AM ET)
GRAINGER REPORTS RESULTS FOR THE FIRST QUARTER 2024
PRNewswire (Thu, 25-Apr 8:00 AM ET)
GRAINGER'S SHAREHOLDERS ELECT 13 DIRECTORS AND OTHER ANNUAL MEETING HIGHLIGHTS
PRNewswire (Wed, 24-Apr 11:26 AM ET)
GRAINGER INCREASES QUARTERLY DIVIDEND BY 10%; REFRESHES SHARE REPURCHASE AUTHORIZATION
PRNewswire (Wed, 24-Apr 10:07 AM ET)
PRNewswire (Thu, 7-Mar 4:54 PM ET)
PRNewswire (Wed, 21-Feb 4:45 PM ET)
W.W. Grainger distributes approximately 1.5 million maintenance, repair, and operating products that are sourced from over 4,500 suppliers. The company serves roughly 5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches. In recent years, Grainger has invested in its e-commerce capabilities and is the 11th-largest e-retailer in North America.
W.W. Grainger trades on the NYSE stock market under the symbol GWW.
As of May 2, 2024, GWW stock price climbed to $923.90 with 185,768 million shares trading.
GWW has a beta of 1.00, meaning it tends to be more sensitive to market movements. GWW has a correlation of 0.32 to the broad based SPY ETF.
GWW has a market cap of $45.33 billion. This is considered a Large Cap stock.
Last quarter W.W. Grainger reported $4 billion in Revenue and $9.62 earnings per share. This fell short of revenue expectation by $-25 million and met earnings estimates .
In the last 3 years, GWW stock traded as high as $1,034.18 and as low as $391.16.
The top ETF exchange traded funds that GWW belongs to (by Net Assets): VTI, VOO, VO, SPY, VUG.
GWW has outperformed the market in the last year with a return of +33.8%, while the SPY ETF gained +23.2%. However, in the most recent history, GWW shares have underperformed the stock market with its stock returning +0.3% in the last 3 month period and -2.7% for the last 2 week period, while SPY has returned +3.6% and +0.9%, respectively.
GWW support price is $906.21 and resistance is $934.39 (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 stock will trade within this expected range on the day.