Stock Update: W.W. Grainger Inc (NYSE:GWW) – Grainger Reports January 2016 Sales Results

[PR Newswire] – CHICAGO, Feb. 11, 2016 /PRNewswire/ — Grainger (NYSE: GWW) today reported daily sales results for the month of January 2016. Company daily sales increased 4 percent in January of 2016 versus January … Read more on this. W.W. Grainger, Inc. (GWW) , currently valued at $12.50B, began trading this morning at $200.55. Today, shares have traded between $197.66 and $203.60 per share and has traded between $176.85 and $252.87 over the past year. GWW shares are currently priced at 17.88x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 13.85x forward p/e ratio. And for dividend hunters, the company pays shareholders $4.68 per share annually in dividends, yielding 2.25%. In a review of the consensus earnings estimate this quarter, 20 sell-side analysts are looking at $2.84 per share, which would be $0.26 worse than the year-ago quarter and a $0.17 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $11.66 would be a $0.28 setback when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.46 Billion. If realized, that would be a 0.82% increase over the year-ago quarter. More recently, Morgan Stanley downgraded GWW from Equal-Weight to Underweight (Jan 11, 2016). Previously, KeyBanc Capital Mkts Initiated GWW at to Sector Weight. With the above information in mind, readers should note that the average price target is $201.77, which is 0.61% above where the stock opened this morning. See more in (NYSE:GWW) Similar Articles: Company Update: W.W. Grainger Inc (NYSE:GWW) – Grainger Reports Results For Year Ended December 31, 2015 Stock Update (NYSE:GWW): Grainger Reports November 2015 Sales Results Company Update: W.W. Grainger Inc (NYSE:GWW) – Grainger Declares Quarterly Dividend