Sherwin-Williams Unveils Organic Zinc-Rich Epoxy Coating
The Sherwin-Williams Company’s SHW Protective & Marine Coatings unit launched a new high-solids coating, Zinc Clad 4100. With features like recoat times as short as 30 minutes, this new product enables accelerated shop throughput, enhanced project schedules, and fast field project turnarounds.
Eliminating the need for sweat-in time, the organic zinc-rich epoxy coating has been designed for use over properly prepared blasted steel. The organic zinc-rich primer boasts outstanding application properties and excellent performance in the field. Additionally, its user-friendly packaging allows applicators to mix components directly in the Part A container for faster and precise mixing.
With the launch of Zinc Clad 4100, the company will meet the customers’ need for a high-solids organic zinc-rich epoxy that allows productivity improvements across a number of shop and field applications. The coating is applicable for a wide range of shop or field applications, including bridge and highway structures, stadiums and sports complexes, steel fabrication shops, piping, barges and ships, drilling rigs and refineries.
Sherwin-Williams has outperformed the industry over a year. The company’s shares have moved up around 41.8% over this period, compared with roughly 34.9% gain recorded by the industry.
The buyout of Valspar has expanded the company's brand portfolio and positioned it as a leading paints and coatings provider globally. Sherwin-Williams should gain from significant synergies of the Valspar acquisition. The company is also benefiting from its actions to cut operating costs. It also remains focused on growth through expansion of operations.
However, the company faces earnings headwinds from charges related to Valspar acquisition. Moreover, it remains exposed to raw material cost pressure. Sherwin-Williams has also lowered its earnings outlook for the third quarter factoring in the impacts of disruptions in its operations from recent hurricanes.
Sherwin-Williams Company (The) Price and Consensus
Sherwin-Williams Company (The) Price and Consensus | Sherwin-Williams Company (The) Quote
Sherwin-Williams currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
Some better-ranked stocks in the construction space are Owens Corning Inc OC, United Rentals, Inc. URI and Toll Brothers Inc. TOL
Owens Corning has expected long-term earnings growth of 14.8% and sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
United Rentals has expected long-term earnings growth of 11.9% and flaunts a Zacks Rank #1.
Toll Brothers has expected long-term earnings growth of 12.9% and carries a Zacks Rank #2 (Buy).
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