Sherwin-Williams Company (The) (NYSE:SHW) will issue its quarterly earnings data before the market opens on Thursday, July 20th. Analysts expect the company to announce earnings of $4.56 per share for the quarter. Sherwin-Williams Company (The) has set its Q2 guidance at $4.40-4.60 EPS and its FY17 guidance at $14.05-14.25 EPS.

Sherwin-Williams Company (The) (NYSE:SHW) last posted its quarterly earnings data on Thursday, April 20th. The specialty chemicals company reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.20. The company had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.72 billion. Sherwin-Williams Company (The) had a return on equity of 71.96% and a net margin of 10.02%. Sherwin-Williams Company (The)’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.81 earnings per share. On average, analysts expect Sherwin-Williams Company (The) to post $14.70 EPS for the current fiscal year and $17.35 EPS for the next fiscal year.

Shares of Sherwin-Williams Company (SHW) opened at 359.40 on Tuesday. The stock has a market cap of $33.26 billion, a PE ratio of 28.16 and a beta of 1.24. Sherwin-Williams Company has a 52-week low of $239.48 and a 52-week high of $362.57. The company’s 50-day moving average price is $343.97 and its 200-day moving average price is $313.62.

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Several equities analysts recently weighed in on SHW shares. Zacks Investment Research lowered Sherwin-Williams Company (The) from a “buy” rating to a “hold” rating in a research note on Monday, May 22nd. Jefferies Group LLC started coverage on Sherwin-Williams Company (The) in a research note on Friday, May 26th. They issued a “hold” rating and a $364.00 price target for the company. Longbow Research upgraded Sherwin-Williams Company (The) from a “neutral” rating to a “buy” rating and set a $400.00 price target for the company in a research note on Tuesday, June 13th. Morgan Stanley restated an “overweight” rating and issued a $375.00 price target (up previously from $335.00) on shares of Sherwin-Williams Company (The) in a research note on Wednesday, May 17th. Finally, KeyCorp upgraded Sherwin-Williams Company (The) from a “sector weight” rating to an “overweight” rating and set a $375.00 price target for the company in a research note on Tuesday, April 4th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the company. Sherwin-Williams Company (The) presently has an average rating of “Buy” and a consensus target price of $354.22.

In other news, insider Robert J. Davisson sold 10,500 shares of the business’s stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $335.00, for a total transaction of $3,517,500.00. Following the transaction, the insider now directly owns 7,166 shares in the company, valued at approximately $2,400,610. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Catherine M. Kilbane sold 22,635 shares of the business’s stock in a transaction that occurred on Friday, April 21st. The stock was sold at an average price of $324.47, for a total value of $7,344,378.45. Following the transaction, the senior vice president now owns 16,635 shares in the company, valued at $5,397,558.45. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 46,955 shares of company stock valued at $15,525,668. 1.69% of the stock is owned by company insiders.

Sherwin-Williams Company (The) Company Profile

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.

Earnings History for Sherwin-Williams Company (The) (NYSE:SHW)

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