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Sherwin-Williams (SHW) Comes Up With Trending Color Palettes
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Inspired by changing color trends and the 2019 Colormix Color Forecast, The Sherwin-Williams Company (SHW - Free Report) has created 23 new color palettes for 2019 to help professionals transform spaces with the latest color trends.
These palettes are exclusively created for markets such as Commercial, New Residential, Education, Hospitality, Healthcare, Multifamily and Home Owners Association.
Commercial palettes transform spaces, where people spend most of their time outside home. New Residential palettes provide homeowners the option to make a personal statement through color. The Education palettes are geared to encourage concentration and inspire curiosity in students while energizing the space surrounding them.
Hospitality palettes bring guests on trips of a lifetime through the use of color. The colors reflect deserts, forests and other earthy elements of the great outdoors. Healthcare palettes are designed to make patients and guests feel comfortable while away from home and to evoke motivation to get them through the trying journey ahead. Multifamily palettes are creating energizing community spaces. Home Owners Association palettes are used according to people’s desire for traveling the world to reenergizing classic styles and finding balance in a world driven by technology.
Shares of Sherwin-Williams have lost 4.5% over a year compared with the 1% decline recorded by its industry.
During third-quarter earnings call, Sherwin-Williams projected mid-single digit percentage year-over-year increase in net sales for fourth-quarter 2018. For 2018, Sherwin-Williams projects high teen percentage increase in net sales from 2017. At this level, the company now expects earnings per share for the year in the range of $13.85 to $14.00. The company also narrowed its adjusted earnings per share guidance for 2018 to $19.05-$19.20.
During third-quarter 2018, the company’s Americas Group unit registered a year-over-year rise in revenues on increased architectural paint sales volumes across most end markets and higher selling prices. Consumer Brands Group unit’s revenue went up on a new customer program and higher selling prices. Moreover, revenues from the Performance Coatings Group rose year over year on higher selling prices and strong demand in North America.
Sherwin-Williams currently carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the basic materials space are Nexeo Solutions, Inc. , CF Industries Holdings, Inc. (CF - Free Report) and The Mosaic Company (MOS - Free Report) .
CF Industries has an expected long-term earnings growth rate of 6% and a Zacks Rank #1. The company’s shares have gained 1.3% in the past year.
Mosaic has an expected long-term earnings growth rate of 7% and a Zacks Rank #2 (Buy). The company’s shares have rallied 24% in the past year.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Image: Bigstock
Sherwin-Williams (SHW) Comes Up With Trending Color Palettes
Inspired by changing color trends and the 2019 Colormix Color Forecast, The Sherwin-Williams Company (SHW - Free Report) has created 23 new color palettes for 2019 to help professionals transform spaces with the latest color trends.
These palettes are exclusively created for markets such as Commercial, New Residential, Education, Hospitality, Healthcare, Multifamily and Home Owners Association.
Commercial palettes transform spaces, where people spend most of their time outside home. New Residential palettes provide homeowners the option to make a personal statement through color. The Education palettes are geared to encourage concentration and inspire curiosity in students while energizing the space surrounding them.
Hospitality palettes bring guests on trips of a lifetime through the use of color. The colors reflect deserts, forests and other earthy elements of the great outdoors. Healthcare palettes are designed to make patients and guests feel comfortable while away from home and to evoke motivation to get them through the trying journey ahead. Multifamily palettes are creating energizing community spaces. Home Owners Association palettes are used according to people’s desire for traveling the world to reenergizing classic styles and finding balance in a world driven by technology.
Shares of Sherwin-Williams have lost 4.5% over a year compared with the 1% decline recorded by its industry.
During third-quarter earnings call, Sherwin-Williams projected mid-single digit percentage year-over-year increase in net sales for fourth-quarter 2018. For 2018, Sherwin-Williams projects high teen percentage increase in net sales from 2017. At this level, the company now expects earnings per share for the year in the range of $13.85 to $14.00. The company also narrowed its adjusted earnings per share guidance for 2018 to $19.05-$19.20.
During third-quarter 2018, the company’s Americas Group unit registered a year-over-year rise in revenues on increased architectural paint sales volumes across most end markets and higher selling prices. Consumer Brands Group unit’s revenue went up on a new customer program and higher selling prices. Moreover, revenues from the Performance Coatings Group rose year over year on higher selling prices and strong demand in North America.
The Sherwin-Williams Company Price and Consensus
The Sherwin-Williams Company Price and Consensus | The Sherwin-Williams Company Quote
Zacks Rank & Stocks to Consider
Sherwin-Williams currently carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the basic materials space are Nexeo Solutions, Inc. , CF Industries Holdings, Inc. (CF - Free Report) and The Mosaic Company (MOS - Free Report) .
Nexeo has an expected long-term earnings growth rate of 30.6% and a Zacks Rank #1 (Strong Buy). The company’s shares have gained 4.2% in the past year. You can see the complete list of today’s Zacks #1 Rank stocks here.
CF Industries has an expected long-term earnings growth rate of 6% and a Zacks Rank #1. The company’s shares have gained 1.3% in the past year.
Mosaic has an expected long-term earnings growth rate of 7% and a Zacks Rank #2 (Buy). The company’s shares have rallied 24% in the past year.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>