GWW Price Prediction Next Week
Analysis and Insights
Technical Analysis:
W.W. Grainger (GWW) is currently trading at $973.09 as of 2025-03-21. The stock is approaching its Fibonacci support level of $956.92, with a pivot point at $986.93. The recent price action shows a potential bullish divergence in the Stochastic Oscillator, with %K (30.73) and %D (31.73) nearing oversold territory. The MACD (-18.04) remains bearish, but the MACD histogram is showing early signs of a bullish crossover.
Fibonacci Levels:
The Fibonacci levels for GWW are as follows:
- Pivot Point: $986.93
- Resistance 1 (R1): $1016.94
- Support 1 (S1): $956.92
News Sentiment and Fundamental Analysis:
GWW's Q4 results were weaker than expected, with adjusted EPS of $9.71 missing analyst estimates. The company's 2025 EPS forecast of $39 to $41.50 also fell short of Wall Street’s expectations, leading to a "Hold" consensus rating among analysts. Despite this, the stock has shown resilience, trading above its 200-day moving average.
Options Activity:
Notable options activity includes 2,009 contracts traded, with significant interest in the $960 strike call option expiring July 18, 2025. This suggests some optimism among traders about GWW's potential upside.
Conclusion:
Based on the technical indicators and news sentiment, GWW is expected to rise to $986 in the next trading week. The stock is near oversold territory, and the Fibonacci pivot point aligns with this target.
Recommendation: Buy GWW with a target price of $986.
GWW Similar Chart Price Prediction
The price of GWW is predicted to go up 1.86%, based on the high correlation periods with BYM. The similarity of these two price pattern on the periods is 93.07%.
GWW
BYM
Up: 1.86%Similarity: 93.07%
GWW Revenue Forecast
GWW EPS Forecast
GWW FAQs
What is GWW revenue forecast for next quarter？
What is GWW eps forecast for next quarter？
GWW VS S&P500
With a more sensible, transparent pricing model, Grainger should continue to gain share with existing customers and win higher-margin midsize accounts.
As a large distributor with national scale and inventory management services, Grainger is well positioned to take share from smaller regional and local distributors as customers consolidate their MRO spending.
Grainger operates a shareholder-friendly capital allocation strategy; it has increased its dividend for 51 consecutive years and has reduced its diluted average share count by nearly 45% over the last 20 years.
GWW Analyst's Forecast
Ryan Merkel
William Blair
Hold → Buy
2025-03-10
Price Target
n/a
Downside
0%
William Blair upgraded Grainger to Outperform from Market Perform without a price target. The firm views the company as a ""port in the storm" that should benefit from a short-cycle recovery trade. During periods of stock market volatility and growth concerns, Grainger typically outperform as a "safety stock," the analyst tells investors in a research note. Blair believes market volatility will remain for the near term given tariff uncertainty and Department of Government Efficiency reducing government spending.
Chris Snyder
Morgan Stanley
Hold
2024-11-19
Price Target
$990 → $1,215
Upside
+3.66%
Amit Mehrotra
UBS
Hold
2024-11-13
Price Target
$1,000 → $1,280
Upside
+6.49%
