Sherwin-Williams (NYSE:SHW – Get Rating) is scheduled to be releasing its earnings data before the market opens on Thursday, January 26th. Analysts expect Sherwin-Williams to post earnings of $1.84 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Sherwin-Williams (NYSE:SHW – Get Rating) last posted its quarterly earnings results on Tuesday, October 25th. The specialty chemicals company reported $2.83 EPS for the quarter, topping the consensus estimate of $2.60 by $0.23. The business had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.78 billion. Sherwin-Williams had a net margin of 8.94% and a return on equity of 90.50%. The company’s quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.09 earnings per share. On average, analysts expect Sherwin-Williams to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Sherwin-Williams Trading Up 1.3 %
NYSE:SHW opened at $249.36 on Wednesday. Sherwin-Williams has a 12-month low of $195.24 and a 12-month high of $299.99. The firm has a market cap of $64.62 billion, a PE ratio of 33.74, a price-to-earnings-growth ratio of 1.93 and a beta of 1.08. The company has a current ratio of 1.00, a quick ratio of 0.59 and a debt-to-equity ratio of 3.69. The stock has a fifty day moving average price of $244.19 and a 200 day moving average price of $234.90.
Institutional Trading of Sherwin-Williams
Analyst Ratings Changes
A number of equities analysts have recently commented on the company. Credit Suisse Group lowered their price objective on Sherwin-Williams to $210.00 in a research report on Thursday, October 27th. BMO Capital Markets raised their price objective on shares of Sherwin-Williams from $244.00 to $251.00 and gave the company a “market perform” rating in a report on Thursday, October 27th. Citigroup boosted their target price on shares of Sherwin-Williams from $223.00 to $270.00 in a research note on Thursday, December 15th. Barclays raised their price target on Sherwin-Williams from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Friday, October 28th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Sherwin-Williams from $275.00 to $265.00 and set a “buy” rating for the company in a research report on Wednesday, October 26th. One analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $266.22.
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners.
- Get a free copy of the StockNews.com research report on Sherwin-Williams (SHW)
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