Mcdaniel Terry & Co Decreased Its Novartis Ag (NVS) Holding; Sherwin Williams Co (SHW) Sentiment Is 1.21

January 2, 2018 - By Marie Mckinney

The Sherwin-Williams Company develops, makes, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail clients primarily in North and South America, the Caribbean, Europe, and Asia. The company has market cap of $38.50 billion. The firm operates in four divisions: Paint Stores Group, Consumer Group, Global Finishes Group, and Latin America Coatings Group. It has a 36.19 P/E ratio. It offers architectural paint and coatings, protective and marine products, automotive finishes and refinish products, original equipment maker product finishes, and related items under the Sherwin-Williams brand.

Mcdaniel Terry & Co decreased Novartis Ag (NVS) stake by 2.75% reported in 2017Q3 SEC filing. Mcdaniel Terry & Co sold 5,550 shares as Novartis Ag (NVS)’s stock rose 4.17%. The Mcdaniel Terry & Co holds 196,115 shares with $16.84 million value, down from 201,665 last quarter. Novartis Ag now has $199.99B valuation. The stock increased 0.56% or $0.47 during the last trading session, reaching $84.43. About 479,211 shares traded. Novartis AG (NYSE:NVS) has risen 7.67% since January 2, 2017 and is uptrending. It has underperformed by 9.03% the S&P500.

Among 16 analysts covering Novartis Ag (NYSE:NVS), 5 have Buy rating, 4 Sell and 7 Hold. Therefore 31% are positive. Novartis Ag had 34 analyst reports since July 28, 2015 according to SRatingsIntel. As per Tuesday, July 18, the company rating was maintained by Cowen & Co. The firm earned “Neutral” rating on Thursday, March 23 by Goldman Sachs. UBS downgraded the stock to “Neutral” rating in Friday, April 1 report. Argus Research initiated the shares of NVS in report on Tuesday, April 5 with “Hold” rating. Cowen & Co downgraded the stock to “Market Perform” rating in Wednesday, April 5 report. The firm earned “Neutral” rating on Friday, June 16 by J P Morgan Chase Co. The firm has “Hold” rating by Cowen & Co given on Wednesday, August 9. The firm has “Underperform” rating by Credit Suisse given on Wednesday, July 5. Cowen & Co maintained it with “Hold” rating and $90.0 target in Friday, October 13 report. The stock of Novartis AG (NYSE:NVS) earned “Hold” rating by Barclays Capital on Friday, June 23.

Analysts await Novartis AG (NYSE:NVS) to report earnings on January, 24. They expect $1.16 earnings per share, up 3.57% or $0.04 from last year’s $1.12 per share. NVS’s profit will be $2.75B for 18.20 P/E if the $1.16 EPS becomes a reality. After $1.29 actual earnings per share reported by Novartis AG for the previous quarter, Wall Street now forecasts -10.08% negative EPS growth.

The stock increased 0.40% or $1.66 during the last trading session, reaching $411.7. About 101,812 shares traded. The Sherwin-Williams Company (SHW) has risen 15.27% since January 2, 2017 and is uptrending. It has underperformed by 1.43% the S&P500.

Analysts await The Sherwin-Williams Company (NYSE:SHW) to report earnings on January, 25. They expect $3.20 EPS, up 36.75% or $0.86 from last year’s $2.34 per share. SHW’s profit will be $299.25 million for 32.16 P/E if the $3.20 EPS becomes a reality. After $4.75 actual EPS reported by The Sherwin-Williams Company for the previous quarter, Wall Street now forecasts -32.63% negative EPS growth.

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