Sherwin-Williams (NYSE:SHW) will announce its earnings results before the market opens on Thursday, January 25th. Analysts expect the company to announce earnings of $3.05 per share for the quarter. Sherwin-Williams has set its Q4 guidance at $2.95-3.25 EPS.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Tuesday, October 24th. The specialty chemicals company reported $4.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $4.70 by $0.05. The company had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.45 billion. Sherwin-Williams had a net margin of 7.82% and a return on equity of 58.02%. The firm’s revenue for the quarter was up 37.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.23 earnings per share. On average, analysts expect Sherwin-Williams to post $15 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Shares of Sherwin-Williams (SHW) opened at $426.94 on Thursday. The company has a market cap of $39,920.00, a PE ratio of 36.18, a PEG ratio of 1.98 and a beta of 1.22. The company has a quick ratio of 0.68, a current ratio of 1.07 and a debt-to-equity ratio of 3.68. Sherwin-Williams has a 1-year low of $280.14 and a 1-year high of $435.15.

Several equities analysts recently weighed in on the stock. Wells Fargo & Co restated a “market perform” rating and set a $400.00 price target (up previously from $360.00) on shares of Sherwin-Williams in a research report on Wednesday, October 25th. UBS Group increased their price target on shares of Sherwin-Williams from $375.00 to $395.00 and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Raymond James Financial assumed coverage on shares of Sherwin-Williams in a research report on Tuesday, December 19th. They set a “strong-buy” rating and a $496.00 price target for the company. Moffett Nathanson assumed coverage on shares of Sherwin-Williams in a research report on Monday, December 4th. They set a “buy” rating for the company. Finally, Citigroup increased their price target on shares of Sherwin-Williams from $405.00 to $442.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $417.39.

In other Sherwin-Williams news, insider Joel D. Baxter sold 2,376 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $389.26, for a total transaction of $924,881.76. Following the completion of the transaction, the insider now owns 3,302 shares in the company, valued at $1,285,336.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Robert J. Wells sold 2,946 shares of the stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $409.11, for a total transaction of $1,205,238.06. Following the transaction, the senior vice president now owns 18,363 shares of the company’s stock, valued at approximately $7,512,486.93. The disclosure for this sale can be found here. Insiders have sold 15,122 shares of company stock valued at $5,969,846 in the last quarter. Company insiders own 1.69% of the company’s stock.

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About Sherwin-Williams

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 (NYSE:SHW)

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