Sherwin-Williams (SHW) Getting Somewhat Favorable Media Coverage, Analysis Finds

Press coverage about Sherwin-Williams (NYSE:SHW) has been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sherwin-Williams earned a news impact score of 0.15 on Accern’s scale. Accern also gave media coverage about the specialty chemicals company an impact score of 45.8647990956355 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

A number of analysts have weighed in on the stock. Barclays restated a “hold” rating on shares of Sherwin-Williams in a research note on Sunday, January 28th. Robert W. Baird restated a “buy” rating and set a $475.00 price objective on shares of Sherwin-Williams in a research note on Wednesday, January 10th. KeyCorp reiterated a “buy” rating and issued a $500.00 price target (up from $465.00) on shares of Sherwin-Williams in a research note on Monday, January 29th. They noted that the move was a valuation call. Royal Bank of Canada lifted their price target on shares of Sherwin-Williams to $485.00 and gave the stock an “outperform” rating in a research note on Monday, January 29th. Finally, Zacks Investment Research lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $433.74.

Shares of Sherwin-Williams (NYSE:SHW) opened at $403.69 on Tuesday. The stock has a market cap of $37,298.96, a P/E ratio of 27.53, a PEG ratio of 1.80 and a beta of 1.18. The company has a current ratio of 1.12, a quick ratio of 0.67 and a debt-to-equity ratio of 2.68. Sherwin-Williams has a 1 year low of $305.70 and a 1 year high of $435.15.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Thursday, January 25th. The specialty chemicals company reported $2.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.18 by ($0.23). Sherwin-Williams had a net margin of 11.83% and a return on equity of 50.59%. The company had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the previous year, the business earned $2.15 EPS. The company’s quarterly revenue was up 43.0% on a year-over-year basis. sell-side analysts expect that Sherwin-Williams will post 19.1 EPS for the current year.

In other news, insider Robert J. Davisson sold 1,000 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $407.11, for a total transaction of $407,110.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Joel D. Baxter sold 2,376 shares of the business’s 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 directly owns 3,302 shares of the company’s stock, valued at $1,285,336.52. The disclosure for this sale can be found here. Insiders sold 15,122 shares of company stock worth $5,969,846 in the last 90 days. 1.69% of the stock is currently owned by company insiders.

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Sherwin-Williams Company Profile

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.

Insider Buying and Selling by Quarter for Sherwin-Williams (NYSE:SHW)

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