Sherwin-Williams (SHW) Earning Somewhat Favorable Press Coverage, Analysis Shows

News coverage about Sherwin-Williams (NYSE:SHW) has trended somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sherwin-Williams earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the specialty chemicals company an impact score of 46.0157956328456 out of 100, indicating 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 news headlines that may have impacted Accern Sentiment’s rankings:

Several research firms have commented on SHW. Zacks Investment Research raised shares of Sherwin-Williams from a “hold” rating to a “buy” rating and set a $463.00 price target on the stock in a research note on Friday. Deutsche Bank began coverage on shares of Sherwin-Williams in a research note on Friday, December 22nd. They set a “hold” rating and a $420.00 price target on the stock. Raymond James Financial began coverage on shares of Sherwin-Williams in a research note on Tuesday, December 19th. They set a “strong-buy” rating and a $496.00 price target on the stock. Royal Bank of Canada reissued a “buy” rating and set a $455.00 price target on shares of Sherwin-Williams in a research note on Thursday, December 14th. Finally, Moffett Nathanson started coverage on shares of Sherwin-Williams in a research note on Monday, December 4th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $413.64.

Shares of Sherwin-Williams (SHW) traded up $0.21 during midday trading on Tuesday, hitting $424.21. 523,178 shares of the company traded hands, compared to its average volume of 458,233. The company has a current ratio of 1.07, a quick ratio of 0.68 and a debt-to-equity ratio of 3.68. Sherwin-Williams has a 12 month low of $276.14 and a 12 month high of $427.33. The stock has a market capitalization of $39,670.00, a P/E ratio of 35.95, a price-to-earnings-growth ratio of 1.95 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, October 24th. The specialty chemicals company reported $4.75 EPS for the quarter, topping the consensus estimate of $4.70 by $0.05. The company had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.45 billion. Sherwin-Williams had a net margin of 7.82% and a return on equity of 58.02%. The firm’s revenue for the quarter was up 37.4% on a year-over-year basis. During the same period in the previous year, the firm earned $4.23 earnings per share. equities analysts predict that Sherwin-Williams will post 15.02 EPS for the current year.

In related news, insider Robert J. Davisson sold 1,000 shares of Sherwin-Williams stock in a transaction on Monday, December 4th. The shares were sold at an average price of $407.11, for a total value of $407,110.00. The transaction was disclosed in a legal 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 shares were sold at an average price of $390.07, for a total transaction of $3,432,616.00. Following the completion of the sale, the insider now 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 quarter, insiders sold 15,122 shares of company stock worth $5,969,846. 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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