"On Monday, Sherwin-Williams pre-announced better than expected 1Q:12 earnings reflecting 20% sales growth in the Paint Stores Group due to higher volumes and prices," JPMorgan analysts wrote in a report Thursday. "We lifted our 1Q:12 EPS estimate from $0.75 to $0.95, and we raised our 2012 EPS forecast from $5.70 to $6.00. We lifted our 2013 EPS projection from $6.30 to $6.60 to reflect growth from a higher base."Shares of Sherwin-Williams hit a 52-week high Friday of $116.84. The stock's 52-week low of $69.47 was set on Aug. 19. Sherwin-Williams' forward P/E is 16.56; the average for building materials and fixtures companies is 24.02. Fro comparison, Valspar (VAL) has a lower forward P/E of 14.04. Ten of the 16 analysts who cover Sherwin-Williams rated it hold. Three analysts gave the stock a buy rating and another three rated it sell. TheStreet Ratings gives Sherwin-Williams a B- grade with a buy rating and $129.07 price target. The stock has risen 30.39% year to date.
Salesforce.com "Salesforce.com has seen a recent uptick in large deals, with large enterprises turning to salesforce.com as a solution to tap into the opportunity of social enterprises," JMP Securities analysts wrote in a report Monday. "In Q4, salesforce.com reported nine eight figure deals, over 100 seven-figure deals, and indicated that it closed its largest deal in the quarter with Hewlett Packard (HP, Not Covered). In addition, salesforce.com already has indicated it closed its first ever nine-figure deal with a large insurance company in F1Q13." Shares of Salesforce.com hit a 52-week high Friday of $161.89. The stock's 52-week low of $94.09 was set on Dec. 21. Salesforce.com's forward P/E is 75.87; the average for software companies is 30.25. For comparison, Adobe (ADBE) has a lower forward P/E of 12.5 Thirty-two of the 42 analysts who cover Salesforce.com rated it buy. Five analysts gave the stock a hold rating and five rated it sell. TheStreet Ratings gives Salesforce.com a C grade and hold rating. The stock has risen 57.37% year to date.
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