Thursday, 1 October 2015

Nikki sells VAL 71.88: The company reported $1.11 EPS for the quarter, topping the consensus estimate of $1.10 by $0.01. During the same quarter in the prior year, the business earned $1.07 EPS.

One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. However, Valspar is exposed to currency headwind and volatility in raw material costs. It also remains committed to boost shareholder returns. The Valspar Corporation is engaged in the paint and coatings business. On average, equities analysts forecast that The Valspar Corp will post $4.64 EPS for the current year.


Tammy:
The company should also benefit from new business wins and productivity actions.

Bibi:
Valspar has a strong pipeline of new products and significant opportunities for share gains in both its Paint and Coatings segments globally.

Lindy:
The company backed its earnings guidance for fiscal 2015 while lowering its sales forecast.

Randy:
However, sales fell on a double-digit decline in the paint business, and missed expectations.

Georgann:
Adjusted earnings beat the Zacks Consensus Estimate.

Lucina:
The brokerage presently has a $93.00 price objective on the stock.

Kristi:
In August 2013, the Company announced that it has completed the acquisition of Inver Holding S.r.l.

Alysia:
The Company offers a range of decorative and protective coatings for metal, wood and plastic, primarily for sale to original equipment manufacturing ( NYSE:VAL ) customers in Asia, Australia, Europe, North America and South America.

Jacqualine:
The Company operates in two segments: Coatings and Paints.

Estelle:
The Company manufactures and distributes a range of coatings, paints and related products.

Valspar Corp. (NYSE:VAL)
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