Analysts’ Recent Ratings Changes for Sherwin-Williams Company (The) (SHW)

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

  • 8/1/2017 – Sherwin-Williams Company (The) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/26/2017 – Sherwin-Williams Company (The) had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a $375.00 price target on the stock, up previously from $359.00.
  • 7/24/2017 – Sherwin-Williams Company (The) is now covered by analysts at J P Morgan Chase & Co. They set a “neutral” rating and a $365.00 price target on the stock.
  • 7/24/2017 – Sherwin-Williams Company (The) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/23/2017 – Sherwin-Williams Company (The) was upgraded by analysts at Credit Suisse Group to a “buy” rating. They now have a $375.00 price target on the stock.
  • 7/19/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at Northcoast Research.
  • 7/1/2017 – Sherwin-Williams Company (The) was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 6/26/2017 – Sherwin-Williams Company (The) had its “hold” rating reaffirmed by analysts at Vertical Research. They now have a $335.00 price target on the stock, up previously from $316.00.
  • 6/23/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at Citigroup Inc. They now have a $410.00 price target on the stock.
  • 6/13/2017 – Sherwin-Williams Company (The) was upgraded by analysts at Longbow Research from a “neutral” rating to a “buy” rating. They now have a $400.00 price target on the stock.

Shares of Sherwin-Williams Company (SHW) opened at 332.04 on Friday. The stock’s 50 day moving average price is $348.87 and its 200 day moving average price is $327.97. Sherwin-Williams Company has a 52-week low of $239.48 and a 52-week high of $362.57. The company has a market capitalization of $30.83 billion, a P/E ratio of 27.37 and a beta of 1.23.

Sherwin-Williams Company (The) (NYSE:SHW) last announced its earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 EPS for the quarter, missing analysts’ consensus estimates of $4.54 by $0.02. Sherwin-Williams Company (The) had a net margin of 9.14% and a return on equity of 63.81%. The firm had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.83 billion. During the same quarter last year, the business earned $4.06 earnings per share. The business’s revenue was up 16.0% compared to the same quarter last year. On average, equities research analysts forecast that Sherwin-Williams Company will post $15.00 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Friday, August 18th will be issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Wednesday, August 16th. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is 28.05%.

In related news, insider Joel D. Baxter sold 5,470 shares of the firm’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $335.50, for a total transaction of $1,835,185.00. Following the completion of the transaction, the insider now directly owns 8,523 shares in the company, valued at approximately $2,859,466.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.69% of the company’s stock.

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 Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherwin-Williams Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.