This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

5 Buy-Rated Materials Companies

Stocks in this article: IAG VAL UFPT BCPC HWKN GS ADM HON

2. The Valspar Corp.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Shares of The Valspar Corp. (VAL - Get Report) of Minneapolis closed at $33.81, down 1% year-to-date. Based on a quarterly payout of 18 cents, the shares have a dividend yield of 2.13%.

The company manufactures coatings, paints and related products. The Coatings segment provides coatings for metal, wood and plastic primarily to manufacturers worldwide. The Paints segment provides paint products under its own brand and private label brands through wholesale and retail distributors in the U.S. and Canada.

For the fiscal first quarter ended January 28, Valspar reported net income of $33.4 million, or 34 cents a share, down slightly from $33.9 million, or 34 cents a share, a year earlier. Net sales for the first fiscal quarter were $842.4 million, increasing 25% year-over-year. The consensus estimates are for the company to earn $2.57 a share in fiscal 2011 and $2.89 a share in fiscal 2012.

On April 5, Dmitry Silversteyn of Longbow Research reiterated his neutral rating on Valspar, saying the company's "gross margins are likely to remain down," because of an increase in raw material costs, and that the shares "may be range-bound in the short- to mid-term until raw material price pressures are alleviated and gross margins begin to comp positively on a year/year basis.

Out of 12 analysts covering Valspar, three rate the shares a buy, eight have neutral ratings and one analyst recommends selling the shares.

5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,387.21 -291.49 -1.65%
S&P 500 2,029.55 -27.54 -1.34%
NASDAQ 4,681.4970 -90.2660 -1.89%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs