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GWW

Grainger

$205.86

-8.72 (-4.06%)

08:22
10/19/16
10/19
08:22
10/19/16
08:22

Grainger gross margin decline is cyclical, says BMO Capital

BMO Capital analyst R. Scott Graham believes that Grainger's stock fell 5% primarily due to the decline in its gross margin. The analyst thinks that bears will blame the gross margin decline on Internet competition and Amazon (AMZN). However, Graham believes that low commodity prices are to blame, and he expects the company's margins to stabilize next year, enabling its bottom line to increase. The analyst keeps an Outperform rating on the shares.

  • 14

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  • 18

    Nov

GWW Grainger
$205.86

-8.72 (-4.06%)

06/17/16
FBCO
06/17/16
DOWNGRADE
FBCO
Neutral
Grainger downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Andrew Buscaglia assumed coverage on Grainger with a Neutral rating from an Outperform rating citing margin pressures and weak pricing in the U.S. Buscaglia has a $222 price target on Grainger shares.
06/17/16
06/17/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Phillips 66 (PSX) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Evan Calo citing relative share outperformance year-to-date. 2. Grainger (GWW) downgraded to Neutral from Outperform at Credit Suisse with analyst Andrew Buscaglia citing margin pressures and weak pricing in the U.S. 3. Talen Energy (TLN) downgraded to Equal Weight from Overweight at Barclays with analyst Daniel Ford citing valuation, among other reasons. 4. MSC Industrial (MSM) downgraded to Underperform from Neutral at Credit Suisse with analyst Andrew Buscaglia saying stabilizing trends are largely priced in. 5. ONEOK (OKE) downgraded to Hold from Buy at Argus with analyst Stephen Bigger citing the strong run-up in shares. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/25/16
MACQ
08/25/16
INITIATION
Target $274
MACQ
Outperform
Grainger initiated with an Outperform at Macquarie
Macquarie analyst Hamzah Mazari initiated Grainger with an Outperform and $274 price target.
09/08/16
GSCO
09/08/16
NO CHANGE
GSCO
Goldman's Focus List changes
Goldman added Acuity Brands (AYI) & Facebook (FB) to the Focus List and removed Biogen (BIIB), BorgWarner (BWA), Monsanto (MON), and Grainger (GWW). The bank commented Acuity is a beneficiary of the Low Carbon Economy and said Facebook ranks as a low asset-light tech disruptor that is able to leverage its world-leading user base and mobile users to monetize long-term growth.

TODAY'S FREE FLY STORIES

WDC

Western Digital

$63.85

1.76 (2.83%)

16:45
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Breaking Hot Stocks news story on Western Digital »

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  • 06

    Dec

SYY

Sysco

$53.95

0.47 (0.88%)

16:45
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Breaking Hot Stocks news story on Sysco »

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  • 09

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GMS

GMS Inc.

$25.43

-0.21 (-0.82%)

16:44
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GMS Inc. acquires interior products supply units of SGI »

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  • 13

    Dec

HVT

Haverty Furniture

$22.15

0.15 (0.68%)

16:43
12/06/16
12/06
16:43
12/06/16
16:43
Earnings
Haverty Furniture sales for Q4 to date up about 1.1% »

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CONG

Congatec

16:43
12/06/16
12/06
16:43
12/06/16
16:43
Syndicate
Congatec requests withdrawal of registration statement »

The Registration…

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TERP

TerraForm Power

$12.79

0.23 (1.83%)

16:43
12/06/16
12/06
16:43
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16:43
Earnings
TerraForm Power reports Q1 adj. EBITDA $120M vs. $52M in 1Q15 »

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  • 15

    Dec

WDC

Western Digital

$63.85

1.76 (2.83%)

16:42
12/06/16
12/06
16:42
12/06/16
16:42
Earnings
Western Digital raises Q2 adjusted EPS view to $2.10-$2.15 from $1.85-$1.95 »

Consensus $1.89. Raises…

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  • 06

    Dec

16:39
12/06/16
12/06
16:39
12/06/16
16:39
General news
API crude inventories for week of December 2 »

API reports that crude…

PAC

GAP Airports

$83.57

3.09 (3.84%)

16:37
12/06/16
12/06
16:37
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16:37
Hot Stocks
GAP Airports reports November traffic up 14.9% »

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WDC

Western Digital

$63.85

1.76 (2.83%)

, SSNLF

Samsung

16:37
12/06/16
12/06
16:37
12/06/16
16:37
Hot Stocks
Western Digital renews patent cross-license agreement with Samsung »

Western Digital (WDC)…

WDC

Western Digital

$63.85

1.76 (2.83%)

SSNLF

Samsung

03/08/13
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  • 06

    Dec

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    Dec

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    Dec

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    Dec

BPMC

Blueprint Medicines

$28.43

-0.22 (-0.77%)

16:36
12/06/16
12/06
16:36
12/06/16
16:36
Syndicate
Blueprint Medicines files to sell $125M of common stock »

Goldman Sachs, Morgan…

03/08/13
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BLUE

bluebird bio

$78.95

6.8 (9.42%)

16:33
12/06/16
12/06
16:33
12/06/16
16:33
Syndicate
bluebird bio files to sell $200M of common stock »

Goldman Sachs, BofA…

03/08/13
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03/06/13
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  • 08

    Dec

AIRT

Air T

$17.85

-0.15 (-0.83%)

16:32
12/06/16
12/06
16:32
12/06/16
16:32
Hot Stocks
Air T subsidiary awarded contract by Delta Air Lines »

Air T announced that its…

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AVT

Avnet

$46.69

0.86 (1.88%)

, HRB

H&R Block

$22.69

0.55 (2.48%)

16:31
12/06/16
12/06
16:31
12/06/16
16:31
Hot Stocks
Avnet names Kevin Summers chief information officer »

Avnet (AVT) announced the…

AVT

Avnet

$46.69

0.86 (1.88%)

HRB

H&R Block

$22.69

0.55 (2.48%)

LOW

Lowe's

$72.46

-0.2 (-0.28%)

WHR

Whirlpool

$169.40

-0.6 (-0.35%)

KO

Coca-Cola

$40.57

-0.05 (-0.12%)

03/08/13
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03/06/13
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03/06/13
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  • 06

    Dec

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  • 09

    Dec

OHAI

OHA Investment

$2.63

-0.07 (-2.59%)

16:31
12/06/16
12/06
16:31
12/06/16
16:31
Hot Stocks
Breaking Hot Stocks news story on OHA Investment »

OHA Investment trading…

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APDN

Applied DNA Sciences

$2.25

0.05 (2.27%)

16:30
12/06/16
12/06
16:30
12/06/16
16:30
Syndicate
Breaking Syndicate news story on Applied DNA Sciences »

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  • 06

    Dec

  • 07

    Dec

16:30
12/06/16
12/06
16:30
12/06/16
16:30
Options
Preliminary option volume of 12.8M today »

Preliminary option volume…

ANTH

Anthera

$1.47

-0.03 (-2.00%)

16:28
12/06/16
12/06
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16:28
Hot Stocks
Anthera promotes Craig Thompson to CEO »

Anthera Pharmaceuticals…

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  • 07

    Dec

PES

Pioneer Energy

$6.70

0.45 (7.20%)

16:28
12/06/16
12/06
16:28
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16:28
Syndicate
Pioneer Energy announces offering of 9M shares of common stock »

The company intends to…

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BBG

Bill Barrett

$8.01

0.12 (1.52%)

16:27
12/06/16
12/06
16:27
12/06/16
16:27
Syndicate
Bill Barrett announces offering of 11.5M shares of common stock »

The company intends to…

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  • 07

    Dec

PLAY

Dave & Buster's

$48.00

-0.83 (-1.70%)

16:26
12/06/16
12/06
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12/06/16
16:26
Hot Stocks
Dave & Buster's promotes Margo Manning to COO »

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  • 06

    Dec

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    Jan

IIVI

II-VI

$29.75

-0.2 (-0.67%)

16:24
12/06/16
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16:24
Hot Stocks
II-VI M Cubed announces new CogentuM product family »

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  • 16

    Dec

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    Dec

ALOG

Analogic

$90.35

-0.6 (-0.66%)

16:23
12/06/16
12/06
16:23
12/06/16
16:23
Earnings
Analogic reports Q1 non-GAAP diluted EPS 43c, consensus 80c »

Reports Q1 revenue…

03/08/13
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  • 06

    Dec

ANTH

Anthera

$1.47

-0.03 (-2.00%)

16:21
12/06/16
12/06
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16:21
Hot Stocks
Anthera: blisibimod still demonstrates positive trends in 48 week analysis »

Anthera Pharmaceuticals…

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  • 07

    Dec

SIG

Signet Jewelers

$93.98

0.34 (0.36%)

16:21
12/06/16
12/06
16:21
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16:21
Hot Stocks
Breaking Hot Stocks news story on Signet Jewelers »

Corvex cuts stake in…

03/08/13
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  • 06

    Dec

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