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Headlines
- W.W. Grainger, Inc. shows diverse analyst perspectives.
- Recent target price adjustments reflect evolving market dynamics.
- The company maintains strong financial metrics.
W.W. Grainger, Inc. (NYSE:GWW) has received varied ratings from analysts, reflecting a range of views on the company’s performance. Thirteen brokerages are currently covering the stock. Among these, one analyst issued a sell rating, nine analysts recommended holding the stock, two issued buy ratings, and one rated it as a strong buy. The average target price projected by analysts over the next year is approximately $1,043.20.
Recent evaluations from several research firms have contributed to adjustments in target prices for W.W. Grainger. The Royal Bank of Canada recently revised its target price, lowering it slightly while maintaining a sector performance rating. Meanwhile, JPMorgan Chase & Co. raised their price objective, reflecting a positive outlook while labeling the stock as neutral. Oppenheimer altered its stance, adjusting their rating to market perform, indicating a cautious approach towards the stock’s potential. Notably, Robert W. Baird upgraded the stock from neutral to outperform, significantly increasing their price target, signaling strong confidence in the company's trajectory. Loop Capital also revised their price target upwards while keeping a hold rating on the stock.
As of the latest trading session, W.W. Grainger shares opened at around $1,104.13. The company demonstrates solid financial health, with a current ratio of 2.30 and a quick ratio of 1.40, indicating a strong ability to meet short-term liabilities. The debt-to-equity ratio stands at 0.50, showcasing a balanced approach to leveraging. The stock’s moving averages suggest stable performance, with a 50-day moving average near $1,025.43 and a 200-day average around $967.91.
With a market capitalization exceeding $54 billion, W.W. Grainger exhibits robust valuation metrics, including a price-to-earnings ratio of 30.48 and a PEG ratio of 3.07. Additionally, the stock has experienced notable price movements over the past year, with a low of $710.24 and a high reaching $1,129.92, reflecting its resilience in a dynamic market environment.