Sherwin-Williams (SHW) Receiving Somewhat Positive News Coverage, Report Finds

Media stories about Sherwin-Williams (NYSE:SHW) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sherwin-Williams earned a news impact score of 0.15 on Accern’s scale. Accern also gave news articles about the specialty chemicals company an impact score of 47.2866479193408 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Sherwin-Williams traded up $7.34, reaching $387.57, during midday trading on Friday, according to Marketbeat. The stock had a trading volume of 767,600 shares, compared to its average volume of 683,252. Sherwin-Williams has a one year low of $326.68 and a one year high of $435.15. The company has a market cap of $35.65 billion, a PE ratio of 27.16, a price-to-earnings-growth ratio of 1.70 and a beta of 1.17. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.13 and a quick ratio of 0.67.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, April 24th. The specialty chemicals company reported $3.57 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.41. Sherwin-Williams had a net margin of 11.02% and a return on equity of 48.06%. The company had revenue of $3.97 billion during the quarter, compared to the consensus estimate of $3.94 billion. During the same quarter last year, the firm posted $2.27 EPS. The company’s quarterly revenue was up 43.6% on a year-over-year basis. analysts expect that Sherwin-Williams will post 18.77 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Friday, May 18th will be given a $0.86 dividend. This represents a $3.44 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, May 17th. Sherwin-Williams’s dividend payout ratio (DPR) is presently 24.11%.

SHW has been the topic of several research analyst reports. Cleveland Research reissued a “buy” rating on shares of Sherwin-Williams in a research note on Wednesday, March 7th. Zacks Investment Research raised shares of Sherwin-Williams from a “hold” rating to a “buy” rating and set a $428.00 price objective on the stock in a research note on Tuesday, April 3rd. Seaport Global Securities raised shares of Sherwin-Williams from a “neutral” rating to a “buy” rating in a research report on Friday, February 2nd. KeyCorp restated 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. Finally, Royal Bank of Canada restated a “buy” rating on shares of Sherwin-Williams in a report on Sunday, January 28th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. Sherwin-Williams currently has a consensus rating of “Buy” and a consensus target price of $437.90.

In other news, insider Peter J. Ippolito sold 750 shares of Sherwin-Williams stock in a transaction dated Wednesday, March 14th. The shares were sold at an average price of $409.26, for a total value of $306,945.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.78% of the company’s stock.

About Sherwin-Williams

The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean, Europe, Asia, and Australia. The company operates in three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group.

Insider Buying and Selling by Quarter for Sherwin-Williams (NYSE:SHW)

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