Media coverage about Sherwin-Williams (NYSE:SHW) has trended somewhat positive recently, according to Accern. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sherwin-Williams earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned press coverage about the specialty chemicals company an impact score of 46.0059526769055 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
Shares of Sherwin-Williams (NYSE:SHW) traded up $0.04 on Friday, reaching $430.80. 652,038 shares of the company’s stock traded hands, compared to its average volume of 476,850. Sherwin-Williams has a 52 week low of $280.14 and a 52 week high of $435.15. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.68 and a current ratio of 1.07. The firm has a market cap of $40,290.00, a PE ratio of 36.51, a PEG ratio of 1.97 and a beta of 1.22.
Sherwin-Williams (NYSE:SHW) last announced its earnings results on Tuesday, October 24th. The specialty chemicals company reported $4.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.70 by $0.05. Sherwin-Williams had a net margin of 7.82% and a return on equity of 58.02%. The company had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.45 billion. During the same quarter in the previous year, the company posted $4.23 EPS. The firm’s quarterly revenue was up 37.4% on a year-over-year basis. sell-side analysts predict that Sherwin-Williams will post 15.02 EPS for the current year.
Several research firms have recently weighed in on SHW. Robert W. Baird reaffirmed a “buy” rating and set a $475.00 target price on shares of Sherwin-Williams in a report on Wednesday, January 10th. Zacks Investment Research lowered shares of Sherwin-Williams from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. KeyCorp reaffirmed an “overweight” rating and set a $465.00 target price (up from $440.00) on shares of Sherwin-Williams in a report on Thursday, January 11th. Northcoast Research reaffirmed a “buy” rating and set a $435.00 target price (up from $375.00) on shares of Sherwin-Williams in a report on Friday, October 6th. Finally, Jefferies Group boosted their price target on shares of Sherwin-Williams from $364.00 to $400.00 and gave the stock a “hold” rating in a report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $417.39.
In other Sherwin-Williams news, insider Joel D. Baxter sold 2,376 shares of Sherwin-Williams stock in a transaction on Monday, November 20th. The shares were sold at an average price of $389.26, for a total transaction of $924,881.76. Following the sale, the insider now owns 3,302 shares of the company’s stock, valued at approximately $1,285,336.52. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert J. Davisson sold 8,800 shares of Sherwin-Williams stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $390.07, for a total transaction of $3,432,616.00. Following the sale, the insider now directly owns 14,812 shares in the company, valued at approximately $5,777,716.84. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 15,122 shares of company stock worth $5,969,846. 1.69% of the stock is currently owned by corporate insiders.
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The Sherwin-Williams Company (Sherwin-Williams) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Company’s segments are Paint Stores Group, Consumer Group, Global Finishes Group, Latin America Coatings Group and Administrative. The Paint Stores Group markets and sells Sherwin-Williams branded architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items.
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