Analyst Ratings for W W Grainger Inc (GWW)Updated: 2016-08-29
Several price targets were given for GWW by the analysts covering the stock. The highest price target was 274, implying potential capital gains of 16.73 percent. The lowest price target was 180, which equates to a potential downside of -23.32 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.17 percent. The average change in earnings estimates over the last 90 days is -6.56 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.09 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.07 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of GWW's earnings is estimated by analysts to be 6.53 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of GWW is 3.27.
In the last 52-weeks, GWW has achieved a high of 239.95 and a low of 176.85. The current market price is above the trailing year's low by 32.73 percent, and below the high by 2.18 percent. GWW has a price/earnings ratio of 21.36. Investors typically compare the P/E ratio to a company's peers in the industry. The GWW value stock report compares GWW to some of its peers using value stock charts. The stock has a market capitalization of $14.29 billion. GWW is estimated to release their earnings results for the quarter on 2016-10-18, days from today.