W.W. Grainger (NYSE:GWW) Declares 5.2% Boost in Fiscal Fourth Quarter Profit

W.W. Grainger, Inc (NYSE:GWW) announced on Thursday that profit in fiscal Q4 moved up 5.2% as the company’s 3 main units observed their revenue hiked, assisted by a handful of overseas units.

The industrial-goods supplier lifted its 2013 sales forecasts, presently forecasting expansion in the range of 3% to 9%, from its November forecasts of 2% to 8% expansion.

Grainger, which offers goods ranging from lighting to janitorial products, announced a quarterly profit of $156.3 million or $2.17 per share in the recently ended quarter, high from $148.5 million or $2.04 per share in the similar period previous year.

Thomson Reuters analysts survey most recently forecasted earnings of $2.61 per share on $2.24 billion of revenue.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Anixter International Inc. (NYSE:AXE) fell -0.12% to settle at $66.94, Fastenal Company (NASDAQ:FAST) moved up +1.97% to end at $48.56 while WESCO International, Inc. (NYSE:WCC) jumped +0.59% to finish at $73.27 on Thursday.

W.W. Grainger, Inc. (NYSE:GWW) on Jan 24, 2013 increased +2.15% to the closing price of $214.31. The overall volume in the last trading session was 908,894 shares. Its fifty two weeks range was $172.50 – $221.84. The total market capitalization remained at $14.89 billion.

GWW is ahead of its 52-week low with 25.22% and lagging behind from its 52-week high price with -2.25%. GWW’s last month’s stock price volatility remained 1.61%. In its share capital GWW has 69.49 million outstanding shares, among them 60.09 million shares have been floated in market exchange. GWW’s stock’s institutional ownership remained 74.76% while insider ownership included 1.31%.

The stock price of GWW is moving forward from its 20 days moving average with 4.26% and remote positively from 50 days moving average with 8.45%. GWW’s current year’s earnings per share experienced an addition with 31.01% while its current quarter performance remained at 4.55%. Company’s beta coefficient included 0.91. Beta factors measure the amount of market risk associated with market trade.

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