Valspar Corp. (VAL) Tops Q4 EPS by 4c

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Go back to Valspar Corp. (VAL) Tops Q4 EPS by 4c

Valspar Corp. (VAL) Provides Weak FY16 Guidance due to Potential FX Headwinds; Piper Jaffray Reiterates Neutral

November 25, 2015 9:41 AM EST

Piper Jaffray reiterated a Neutral rating on Valspar (NYSE: VAL), and raised the price target to $92.00 (from $80.00), following the company's 4Q earnings report. Valspar posted very strong EBIT margins in the quarter, anchored predominantly in efficiency, which management expects to continue improving through FY16. Management's EPS guidance for FY16 (of $4.80-$5.00, with... More

RBC Capital Downgrades Valspar (VAL) to Underperform

November 25, 2015 6:48 AM EST

RBC Capital downgraded Valspar (NYSE: VAL) from Sector Perform to Underperform with a price target of $82.00 (from $80.00).

For an analyst ratings summary and ratings history on Valspar click here. For more ratings news on Valspar click here.

Shares of Valspar closed at $85.37 yesterday.

... More

JPMorgan Downgrades Valspar (VAL) to Neutral

November 25, 2015 6:47 AM EST

JPMorgan downgraded Valspar (NYSE: VAL) from Overweight to Neutral with a price target of $85.00 (from $83.00).

For an analyst ratings summary and ratings history on Valspar click here. For more ratings news on Valspar click here.

Shares of Valspar closed at $85.37 yesterday.

... More

Valspar Corp. (VAL) Raises Quarterly Dividend 10% to $0.33; 1.6% Yield

November 24, 2015 9:57 AM EST

Valspar Corp. (NYSE: VAL) declared a quarterly dividend of $0.33 per share, or $1.32 annualized. This is a 10% increase from the prior dividend of $0.30.

The dividend will be payable on December 16, 2015, to stockholders of record on December 7, 2015, with an ex-dividend date of December 3,... More