Sherwin-Williams Company (The) (NYSE: SHW) has recently received a number of price target changes and ratings updates:

  • 10/2/2017 – Sherwin-Williams Company (The) was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Sherwin-Williams has lowered its earnings outlook for the third quarter of 2017 factoring in the impacts of disruptions in its operations from recent hurricanes. The company also faces earnings headwinds from sizable charges related to Valspar acquisition. Moreover, it remains exposed to raw material cost pressure and weakness in Europe. The company's stretched valuation is another concern. However, Sherwin-Williams has outperformed the industry it belongs to over the past year. “
  • 9/29/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $375.00 price target on the stock.
  • 9/20/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada.
  • 9/20/2017 – Sherwin-Williams Company (The) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $380.00 price target on the stock. According to Zacks, “Estimates for Sherwin-Williams for the third quarter of 2017 have been going up of late. Sherwin-Williams has outperformed the industry it belongs to over the past year. The buyout of Valspar has expanded the company's brand portfolio and positioned it as a leading paints and coatings provider globally. Sherwin-Williams should gain from significant synergies of the Valspar acquisition. The company is also benefiting from its actions to cut operating costs. Moreover, it remains focused on growth through expansion of operations. “
  • 9/3/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $415.00 price target on the stock.
  • 9/1/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $375.00 price target on the stock.
  • 8/23/2017 – Sherwin-Williams Company (The) was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

Sherwin-Williams Company (NYSE:SHW) traded up 4.16% on Tuesday, hitting $374.37. The company had a trading volume of 2,023,991 shares. Sherwin-Williams Company has a 12-month low of $239.48 and a 12-month high of $377.24. The firm has a market capitalization of $34.76 billion, a PE ratio of 30.86 and a beta of 1.22. The firm has a 50-day moving average price of $343.79 and a 200-day moving average price of $337.98.

Sherwin-Williams Company (The) (NYSE:SHW) last released its earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 earnings per share for the quarter, missing the consensus estimate of $4.54 by ($0.02). Sherwin-Williams Company (The) had a return on equity of 63.81% and a net margin of 9.14%. The business had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.83 billion. During the same quarter in the previous year, the company earned $4.06 earnings per share. The firm’s revenue for the quarter was up 16.0% on a year-over-year basis. On average, equities research analysts anticipate that Sherwin-Williams Company will post $14.77 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 18th were issued a dividend of $0.85 per share. The ex-dividend date was Wednesday, August 16th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.91%. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is currently 28.05%.

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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