Technical Roundup on Equipment Wholesale Stocks -- W.W. Grainger, MSC Industrial Direct, WESCO, and HD Supply
NEW YORK, March 16, 2017 /PRNewswire/ --
The Industrial Equipment Wholesale industry supplies the Manufacturing and Construction sectors with maintenance, repair, and operations products, such as adhesives, faucets and paper towels, as well as heavy-duty goods like plumbing equipment, industrial fasteners, electrical products, power tools and safety equipment. Pre-market, Stock-Callers.com dedicates attention to W.W. Grainger Inc. (NYSE: GWW), MSC Industrial Direct Co. Inc. (NYSE: MSM), WESCO International Inc. (NYSE: WCC), and HD Supply Holdings Inc. (NASDAQ: HDS). Sign up today and download for free the research reports for the stocks covered today at:
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W.W. Grainger
On Wednesday, shares in Lake Forest, Illinois-based W.W. Grainger Inc. recorded a trading volume of 477,950 shares. The stock ended at $247.44, rising 1.19% from the last trading session. The Company's shares have gained 4.95% over the previous three months and 7.05% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.22% and 8.64%, respectively. Furthermore, shares of W.W. Grainger, which distributes maintenance, repair, and operating supplies; and other related products and services that are used by businesses and institutions in the US, Canada, Europe, Asia, and Latin America, have a Relative Strength Index (RSI) of 49.21.
On March 14th, 2017, Grainger announced the expansion of its online safety footwear program to include a growing line of soft-toe, slip-resistant footwear options for its customers. The expanded offering creates a complete safety footwear solution for industries like food and beverage manufacturing, healthcare and hospitality, where some - or all - employees work in areas susceptible to slipping hazards, but may not require the extra precaution of a protective toe. GWW complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=GWW
MSC Industrial Direct
Melville, New York headquartered MSC Industrial Direct Co. Inc.'s stock finished yesterday's session 1.31% higher at $102.35. A total volume of 1.04 million shares was traded, which was above their three months average volume of 521,580 shares. The Company's shares have gained 10.57% over the previous three months and 11.32% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.21% and 24.48%, respectively. Furthermore, shares of MSC Industrial Direct, which together with its subsidiaries, markets and distributes various ranges of metalworking and maintenance, repair, and operations products primarily in the US, Canada, and the UK, have an RSI of 49.48.
On March 14th, 2017, MSC Industrial announced that the Company's conference call to review its Q2 FY17 results, as well as its current operations, will be broadcasted live over the Internet, April 06th, 2017 at 8:30 a.m. ET. The complimentary report on MSM can be downloaded at:
http://stock-callers.com/registration/?symbol=MSM
WESCO
At the close of trading on Wednesday, shares in Pittsburgh, Pennsylvania headquartered WESCO International Inc. rose 2.52%, ending the day at $69.15. The stock recorded a trading volume of 384,840 shares. The Company's shares have advanced 3.91% since the start of this year. The stock is trading 10.76% above its 200-day moving average. Moreover, shares of WESCO International, which distributes electrical, industrial, and communication maintenance, repair, and operating products; and original equipment manufacturers products and construction materials in North America and internationally, have an RSI of 46.19.
On March 08th, 2017, WESCO International announced plans to hold its next Investor Day on June 07th, beginning at 1:00 p.m. ET. WESCO also plans to hold its Q1 2017 earnings conference call on April 27th, 2017, at 11:00 a.m. ET. Sign up for your complimentary report on WCC at:
http://stock-callers.com/registration/?symbol=WCC
HD Supply
Atlanta, Georgia headquartered HD Supply Holdings Inc.'s shares ended the day 1.93% higher at $41.81. A total volume of 3.49 million shares was traded, which was above their three months average volume of 1.97 million shares. The stock has gained 0.77% over the previous three months. The Company's shares are trading 12.04% above their 200-day moving average. Additionally, shares of HD Supply Holdings, which operates as an industrial distributor in North America, have an RSI of 44.80.
On March 14th, 2017, HD Supply announced that net sales increase 3.2% to $1.63 billion for Q4 FY16, compared to $1.58 billion for Q4 FY15. The Company's gross profit increased 4.9% to $560 million for Q4 FY16, compared to $534 million for Q4 FY15. Gross profit was 34.3% of net sales for Q4 FY16, up approximately 60 basis points from 33.7% of net sales for Q4 FY15. HD Supply's net income decreased $819 million to $52 million for Q4 FY16, compared to $871 million for Q4 FY15. Adjusted EBITDA increased $2 million, or 1.2%, to $169 million for Q4 FY16, compared to $167 million for Q4 FY15. Download the research report for free on HDS at:
http://stock-callers.com/registration/?symbol=HDS
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