Media coverage about Sherwin-Williams (NYSE:SHW) has been trending somewhat positive on Saturday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sherwin-Williams earned a news impact score of 1.17 on their scale. InfoTrie also gave news articles about the specialty chemicals company an news buzz score of 8 out of 10, meaning that recent press coverage is very likely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Sherwin-Williams’ score:
A number of equities analysts have weighed in on SHW shares. Edward Jones started coverage on Sherwin-Williams in a research report on Tuesday, September 4th. They issued a “hold” rating for the company. Seaport Global Securities lowered Sherwin-Williams from a “buy” rating to a “neutral” rating in a research report on Monday, September 17th. They noted that the move was a valuation call. Gabelli started coverage on Sherwin-Williams in a research report on Friday, September 21st. They issued a “buy” rating and a $553.00 target price for the company. ValuEngine lowered Sherwin-Williams from a “buy” rating to a “hold” rating in a research report on Wednesday, October 3rd. Finally, Citigroup lowered Sherwin-Williams from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $492.00 to $435.00 in a research report on Wednesday, October 10th. Ten investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $469.65.
NYSE SHW opened at $389.50 on Friday. Sherwin-Williams has a 52 week low of $355.28 and a 52 week high of $479.64. The stock has a market cap of $38.07 billion, a PE ratio of 27.30, a price-to-earnings-growth ratio of 1.66 and a beta of 1.38. The company has a quick ratio of 0.66, a current ratio of 1.04 and a debt-to-equity ratio of 2.19.
Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Thursday, October 25th. The specialty chemicals company reported $5.68 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $5.71 by ($0.03). Sherwin-Williams had a net margin of 10.92% and a return on equity of 45.22%. The business had revenue of $4.73 billion for the quarter, compared to analysts’ expectations of $4.78 billion. Sell-side analysts forecast that Sherwin-Williams will post 19.11 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 7th. Stockholders of record on Friday, November 16th were given a dividend of $0.86 per share. This represents a $3.44 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend was Thursday, November 15th. Sherwin-Williams’s payout ratio is currently 24.11%.
In other Sherwin-Williams news, Director John M. Stropki purchased 675 shares of Sherwin-Williams stock in a transaction dated Monday, October 29th. The stock was purchased at an average price of $375.00 per share, with a total value of $253,125.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.78% of the stock is owned by corporate insiders.
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Sherwin-Williams Company Profile
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean, Europe, Asia, and Australia. The company operates in three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group.
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