Headlines about Sherwin-Williams Company (The) (NYSE:SHW) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than twenty million blog and news 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 Company (The) earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the specialty chemicals company an impact score of 46.8487258843216 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern’s scoring:
- The Sherwin-Williams Company (The) (NYSE:SHW) Shares Bought by Bp Plc (overnewsmagazine.com)
- Sherwin-Williams Company (The) (NYSE:SHW) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
- ETFs with exposure to The Sherwin-Williams Co. : August 11, 2017 (finance.yahoo.com)
- Sherwin-Williams Company (The) (SHW) Shares Bought by Daiwa Securities Group Inc (expressnewsline.com)
- IHS Markit Score Update: Drop in demand for ETFs holding Sherwin-Williams Co is a negative sign for its shares (finance.yahoo.com)
Sherwin-Williams Company (NYSE SHW) traded down 1.46% during midday trading on Tuesday, reaching $332.57. The company’s stock had a trading volume of 595,245 shares. The stock has a market capitalization of $30.88 billion, a price-to-earnings ratio of 27.42 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 $347.65 and a 200 day moving average price of $329.22.
Sherwin-Williams Company (The) (NYSE:SHW) last issued its quarterly earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 earnings per share for the quarter, missing analysts’ consensus estimates of $4.54 by $0.02. The company had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.83 billion. Sherwin-Williams Company (The) had a net margin of 9.14% and a return on equity of 63.81%. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same period in the prior year, the business earned $4.06 EPS. Equities research analysts predict that Sherwin-Williams Company will post $15.00 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Friday, August 18th will be issued a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Wednesday, August 16th. Sherwin-Williams Company (The)’s dividend payout ratio is currently 28.05%.
A number of equities analysts recently issued reports on SHW shares. Zacks Investment Research lowered Sherwin-Williams Company (The) from a “buy” rating to a “hold” rating in a report on Monday, May 22nd. Jefferies Group LLC started coverage on Sherwin-Williams Company (The) in a report on Friday, May 26th. They issued a “hold” rating and a $364.00 price objective for the company. BidaskClub lowered Sherwin-Williams Company (The) from a “buy” rating to a “hold” rating in a report on Monday, July 24th. UBS AG reissued a “neutral” rating and issued a $375.00 price objective (up from $359.00) on shares of Sherwin-Williams Company (The) in a report on Wednesday, July 26th. Finally, Northcoast Research reissued a “buy” rating on shares of Sherwin-Williams Company (The) in a report 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 assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $360.10.
ILLEGAL ACTIVITY NOTICE: This piece of content was first published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://stocknewstimes.com/2017/08/15/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-sherwin-williams-company-the-shw-share-price.html.
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.
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.
