News coverage about Sherwin-Williams (NYSE:SHW) has been trending somewhat positive on Thursday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 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 media sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the specialty chemicals company an impact score of 46.7153432307036 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Sherwin-Williams stock traded down $4.16 on Thursday, reaching $401.07. The company’s stock had a trading volume of 245,747 shares, compared to its average volume of 644,721. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.67 and a current ratio of 1.12. The company has a market capitalization of $38,153.02, a P/E ratio of 21.57, a price-to-earnings-growth ratio of 1.81 and a beta of 1.17. Sherwin-Williams has a twelve month low of $306.05 and a twelve month high of $435.15.
Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Thursday, January 25th. The specialty chemicals company reported $2.95 earnings per share 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 earnings per share. Sherwin-Williams’s revenue was up 43.0% compared to the same quarter last year. sell-side analysts predict that Sherwin-Williams will post 19.09 EPS for the current fiscal year.
Several research firms have recently weighed in on SHW. Barclays reiterated 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 target on shares of Sherwin-Williams in a research note on Wednesday, January 10th. KeyCorp reaffirmed a “buy” rating and set a $500.00 price objective (up from $465.00) on shares of Sherwin-Williams in a report on Monday, January 29th. They noted that the move was a valuation call. Royal Bank of Canada boosted their price target on shares of Sherwin-Williams to $485.00 and gave the stock an “outperform” rating in a report on Monday, January 29th. Finally, Zacks Investment Research downgraded shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have assigned 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 target price of $436.20.
In other news, insider Peter J. Ippolito sold 750 shares of Sherwin-Williams stock in a transaction dated Wednesday, March 14th. The stock was sold at an average price of $409.26, for a total transaction of $306,945.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.78% of the company’s stock.
TRADEMARK VIOLATION WARNING: This article was first reported by BBNS and is the sole property of of BBNS. If you are reading this article on another publication, it was illegally copied and reposted in violation of international copyright and trademark legislation. The original version of this article can be read at https://baseballnewssource.com/2018/03/22/somewhat-positive-press-coverage-somewhat-unlikely-to-impact-sherwin-williams-shw-stock-price/1974416.html.
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.
Receive News & Ratings for Sherwin-Williams Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherwin-Williams and related companies with MarketBeat.com's FREE daily email newsletter.