Somewhat Favorable News Coverage Somewhat Unlikely to Affect Sherwin-Williams Company (The) (SHW) Stock Price
Press coverage about Sherwin-Williams Company (The) (NYSE:SHW) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sherwin-Williams Company (The) earned a news impact score of 0.14 on Accern’s scale. Accern also assigned press coverage about the specialty chemicals company an impact score of 46.8311380386245 out of 100, indicating that recent media 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 effected Accern Sentiment Analysis’s scoring:
- The Sherwin-Williams Company (SHW) is at $329.56 per share and Independence Realty Trust, Inc. (IRT) is listed at … – Stocks Gallery (stocksgallery.com)
- Delving into Shares of McKesson Corporation (NYSE:MCK) and The Sherwin-Williams Company (NYSE:SHW) From … – FLBC News (flbcnews.com)
- Sherwin-Williams Company (The) (SHW) Getting Somewhat Favorable News Coverage, Study Shows – ExpressNewsline (expressnewsline.com)
- The Sherwin-Williams Company (SHW) – Investors Roundup – Wall Street Morning (wallstreetmorning.com)
- Trading Radar: Narrowing in on Shares of Sherwin-Williams Company (SHW) – Wall Street Review (thewallstreetreview.com)
A number of research firms recently issued reports on SHW. UBS AG restated a “neutral” rating and set a $341.00 price target (up previously from $312.00) on shares of Sherwin-Williams Company (The) in a research note on Tuesday, June 6th. Barclays PLC raised their price target on Sherwin-Williams Company (The) from $310.00 to $335.00 and gave the stock an “equal weight” rating in a research note on Monday, April 24th. BidaskClub downgraded Sherwin-Williams Company (The) from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 1st. Zacks Investment Research upgraded Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $371.00 price target on the stock in a research note on Tuesday, May 23rd. Finally, Northcoast Research restated a “buy” rating on shares of Sherwin-Williams Company (The) in a research note on Wednesday, July 19th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $360.10.
Sherwin-Williams Company (SHW) traded down 0.18% during trading on Friday, reaching $328.97. The company’s stock had a trading volume of 553,832 shares. The firm has a market capitalization of $30.54 billion, a P/E ratio of 27.12 and a beta of 1.23. Sherwin-Williams Company has a 52 week low of $239.48 and a 52 week high of $362.57. The firm has a 50-day moving average price of $344.62 and a 200-day moving average price of $329.62.
Sherwin-Williams Company (The) (NYSE:SHW) last announced its quarterly earnings data 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 company had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.83 billion. During the same quarter last year, the company posted $4.06 EPS. Sherwin-Williams Company (The)’s revenue was up 16.0% on a year-over-year basis. On average, equities analysts anticipate that Sherwin-Williams Company will post $15.00 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 18th will be given a dividend of $0.85 per share. The ex-dividend date is Wednesday, August 16th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.03%. Sherwin-Williams Company (The)’s dividend payout ratio (DPR) is presently 28.05%.
About Sherwin-Williams Company (The)
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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