Analyst Ratings for W W Grainger Inc (GWW)Updated: 2016-08-29
A number of analysts gave price targets for GWW. The most optimistic price target was 274, which equates to a potential upside of 16.73 percent. The most pessimistic analyst gave a price target of 180, which equates to a potential downside of -23.32 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.17 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.56 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.09 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.07 percent.
People are often interested in whether analysts were united in the direction of their revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of GWW's earnings is estimated by analysts to be 6.53 percent. It's possible to gain additional insight about growth valuation of a company by looking at the 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. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of GWW is 3.27.
GWW has a 52-week high of 239.95 and a 52-week low of 176.85. The current market price is above the trailing year's low by 32.73 percent, and 2.18 percent below the high. 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 market cap of GWW is $14.29 billion. GWW's next earnings release will be on 2016-10-18, which is -1063 days away.