Friday, August 8, 2025
StockstToday.com Logo
  • Home
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Analyst Ratings
No Result
View All Result
  • Home
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Analyst Ratings
No Result
View All Result
StocksToday.com Logo
No Result
View All Result
Home Breaking News

Mixed Analyst Opinions on WW Graingers Price Target

Elaine Mendonca by Elaine Mendonca
March 14, 2024
in Breaking News
0
DVY stock news
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Analyst Chris Snyder of UBS has decided to keep W.W. Grainger at a Neutral rating but has raised the price target significantly from $740 to $1000. This differs from fellow UBS analyst Joseph Parkhill, who downgraded W.W. Grainger from Buy to Neutral but only increased the price target slightly from $815 to $820. The average 12-month price target for W.W. Grainger sits at $926.50, according to analyst ratings. Oppenheimer has set the latest price target for W.W. Grainger at $1000, anticipating a 14.36% increase within the next year. Overall, analysts seem to agree on a Hold rating for W.W. Grainger, with a mix of opinions contributing to this consensus.

Grainger (GWW) Stock Shows Strong Performance, Trading Near 52-Week High

On March 14, 2024, Grainger (GWW) stock showed strong performance as it traded near the top of its 52-week range and above its 200-day simple moving average. This indicates positive price momentum for the stock. The price of GWW shares increased by $12.10 since the market last closed, representing a 1.24% rise. The stock opened at $1.02K, which was $42.15 higher than its previous close. This strong opening suggests that investors were optimistic about the company’s prospects on that day. Grainger is a leading distributor of industrial supplies, with a strong track record of serving businesses across various industries. Investors should keep an eye on GWW stock as it continues to demonstrate positive price momentum and potentially offers opportunities for further gains.

Grainger (GWW) Stock Performance Analysis: Revenue Up, Net Income Down

On March 14, 2024, Grainger (GWW) stock saw some fluctuations in its performance based on the latest financial data released by the company. The total revenue for the past year stood at $16.48 billion, showing an increase of 8.21% compared to the previous year. However, the total revenue for the fourth quarter was reported at $4.00 billion, which represented a decrease of 5.01% compared to the previous quarter.

The net income for the past year was reported at $1.83 billion, showing an increase of 18.23% compared to the previous year. On the other hand, the net income for the fourth quarter was reported at $395.00 million, which represented a decrease of 17.02% compared to the previous quarter.

Earnings per share (EPS) for the past year were reported at $36.51, showing an increase of 20.59% compared to the previous year. However, the EPS for the fourth quarter remained flat at $7.95.

Overall, the financial performance of Grainger (GWW) showed mixed results for the past year and the fourth quarter. While there were significant increases in net income and earnings per share compared to the previous year, there were decreases in total revenue and net income compared to the previous quarter.

Investors and analysts may be closely monitoring these financial indicators to assess the future performance and potential growth prospects of Grainger (GWW) stock.

Tags: GWW
Elaine Mendonca

Elaine Mendonca

Related Posts

NFT projects
Breaking News

The Impact of TikToks Fate on USChina Relations and American Tech Giants

March 16, 2024
Businesses finance
Breaking News

Blackstone Strategic Credit 2027 Term Fund BGB Announces Monthly Dividend of 93 Cents per Share

March 15, 2024
Healthcare-sector
Breaking News

Analyzing Short Interest in Molina Healthcare Inc MOH

March 15, 2024
Next Post

Advancing Chronic Kidney Disease Management through Genetic Testing Natera Endorses 2024 KDIGO Clinical Practice Guideline

Biotechnology Trading online

Ascendis Pharma A Remarkable Investment Success Story

Healthcare-and-IT

Grifols Focuses on Deleveraging Strategy for Enhanced Financial Performance

Recommended

ALB stock news

Allspring Global Investments Increases Stake in Automotive Parts Company, Douglas Dynamics Inc.

2 years ago
Technology Robotics Markets and money

Exela Technologies Inc and XBP Europe Launch Reaktrai Revolutionizing Cybersecurity and Data Management with AI

2 years ago

Positive Outlook and Increased Price Target for Corteva

2 years ago
Alternative Energy Markets and money (1)

Ecopetrols Commitment to Thorough Evaluation and Reliable Results for Arauca 8 Well

2 years ago

Categories

  • Analyst Ratings
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Stock Picks
  • Stock Targets
  • Stocks
  • Uncategorized

Topics

AAL AAPL ABNB ADBE ADSK ALB AMD AMZN AVGO BA C CCL CELH COIN COST CRWD CTVA DELL DFS DIS DLR DLTR DWAC GM GRFS IBM INTC JPM KSS LLY META MSFT NFLX NVDA NVO ORCL PARA PLTR PLUG QCOM SMCI TGT TSLA UNH VZ
No Result
View All Result

Highlights

Lucid Group Stock: Turbulence Amid Policy Shifts and Uber Deal

Walt Disney Stock: Marvel Woes Offset by NFL Deal

Fresenius Stock: Mixed Q2 Results Amid Margin Pressures

Beiersdorf Stock: Nivea’s Glow Fades as Forecasts Dim

ABN Amro Stock: Profit Dip Amid Strong Capital Moves

Vonovia Stock: Strong Recovery Fuels Optimism

Trending

Snap Stock
Stocks

Snap Stock: Turmoil Amid Advertising Woes

by Dieter Jaworski
August 6, 2025
0

Snap Inc.'s stock has become a battleground for Wall Street analysts following disappointing Q2 results, with price...

DHL Stock

DHL Stock: Rollercoaster Ride Amid Strong Earnings

August 6, 2025
Klöckner Stock

Klöckner Stock: Turnaround Amid Market Volatility

August 6, 2025
Lucid Group Stock

Lucid Group Stock: Turbulence Amid Policy Shifts and Uber Deal

August 6, 2025
Walt Disney Stock

Walt Disney Stock: Marvel Woes Offset by NFL Deal

August 6, 2025

StocksToday.com is your one-stop destination for the latest stock news and analysis. We provide in-depth coverage of the stock market, including market news, company news, sector news, IPO news, investment strategies, personal finance, international markets, and more.

Recent News

  • Desert Gold Ventures Stock: Mali Gold Project Sparks Investor Optimism August 8, 2025
  • Sony Stock: Defies Tariff Fears with Stellar Earnings August 8, 2025
  • Motorola Stock: Strong Earnings Beat Lifts Outlook August 8, 2025

Categories

  • Analyst Ratings
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Stock Picks
  • Stock Targets
  • Stocks
  • Uncategorized

© 2024 Stocks Today

No Result
View All Result
  • Home
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Analyst Ratings

© 2023 StocksToday.com