Report
Charles Gross
EUR 100.00 For Business Accounts Only

Sherwin-Williams Is Leveraged To Housing Market Improvements Through Professional Paint Contractors

Following Sherwin-Williams' earnings and sales warning earlier this month, there were no major surprises in the fourth-quarter financial results. Sales growth slowed or even declined for segments targeting architectural coatings, while Sherwin's performance coatings segment faced few headwinds. In total, consolidated sales rose just over 2% year on year in the quarter, while adjusted profits declined by just over 2%. With our outlook largely intact, we've left our $360 per share fair value estim...
Underlying
Sherwin-Williams Company

Sherwin-Williams is engaged in the development, manufacture, distribution and sale of paint, coatings and related products to industrial, commercial and retail customers. The company's segments are: The Americas Group, which markets and sells Sherwin-Williams? and other controlled brand architectural paint and coatings, protective and marine products, OEM product finishes and related products; Consumer Brands Group, which supplies architectural paints, stains, varnishes, and industrial products, among others; and Performance Coatings Group, which develops and sells industrial coatings, automotive refinish, protective and marine coatings, coil coatings, packaging coatings and resins and colorants.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Charles Gross

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