Last $87.70 USD
Change Today -0.13 / -0.15%
Volume 198.8K
VAL On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 6:40 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

valspar corp (VAL) Snapshot

Open
$88.28
Previous Close
$87.83
Day High
$88.28
Day Low
$87.66
52 Week High
12/26/14 - $88.28
52 Week Low
02/5/14 - $66.94
Market Cap
7.2B
Average Volume 10 Days
635.2K
EPS TTM
$4.36
Shares Outstanding
81.9M
EX-Date
12/4/14
P/E TM
20.1x
Dividend
$1.20
Dividend Yield
1.23%
Current Stock Chart for VALSPAR CORP (VAL)

valspar corp (VAL) Related Businessweek News

No Related Businessweek News Found

valspar corp (VAL) Details

The Valspar Corporation develops, manufactures, and distributes a range of coatings, paints, and related products worldwide. It operates in two segments, Coatings and Paints. The Coatings segment offers decorative and protective coatings for metal, wood, and plastic primarily for original equipment manufacturing customers. Its products include primers, top coats, varnishes, sprays, stains, fillers, and other coatings used in manufacturing industries, such as agricultural and construction equipment, appliances, building products, furniture, metal fabrication, metal packaging, and transportation. This segment also provides color design and technical services. The Paints segment offers various paints, primers, topcoats, and aerosol spray paints through retailers, distribution networks, and company-owned stores under the VALSPAR, CABOT, HUARUN, WATTYL, SOLVER, PLASTI-KOTE, DE BEER, OCTORAL, and HOUSE OF KOLOR brands. The company also manufactures and sells specialty polymers and colorants, as well as sells furniture protection plans, and furniture care and repair products under the Guardsman brand. The company was founded in 1806 and is headquartered in Minneapolis, Minnesota.

10,513 Employees
Last Reported Date: 12/22/14
Founded in 1806

valspar corp (VAL) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $950.0K
Chief Financial & Administrative Officer and ...
Total Annual Compensation: $369.2K
Executive Vice President, General Counsel and...
Total Annual Compensation: $455.0K
Chief Technology Officer and Senior Vice Pres...
Total Annual Compensation: $350.0K
Senior Vice President of Human Resources
Total Annual Compensation: $345.0K
Compensation as of Fiscal Year 2013.

valspar corp (VAL) Key Developments

The Valspar Corporation Announces Board Changes

The Valspar Corporation announced the appointment of Les H. Ireland as the company's new Executive Vice President and President of its global Consumer Paint businesses. He will be based in Chicago and report to Valspar Chairman and CEO Gary Hendrickson. Ireland succeeds Howard C. Heckes who has been promoted to Executive Vice President and President of the company's global Coatings businesses.

The Valspar Corporation Announces Quarterly Dividend, Payable on December 19, 2014

The Valspar Corporation Board approved a 15% dividend increase, declaring a quarterly dividend of $0.30 per share on the company's common stock. The dividend is payable on December 19, 2014 to shareholders of record on December 8, 2014.

The Valspar Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended October 31, 2014; Provides Earnings Guidance for Annual Fiscal 2015

The Valspar Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended October 31, 2014. For the quarter, Net Sales were $1,233.065 million against $1,108.302 million a year ago. Income from operations was $162.746 million against $112.799 million a year ago. Income before income taxes was $145.045 million against $94.073 million a year ago. Net income was $108.056 million or $1.28 per diluted share against $63.510 million or $0.72 per diluted share a year ago. Adjusted EBIT was $175.374 million against $137.077 million a year ago. Adjusted net income was $117.139 million or $1.38 per share against $85.661 million or $0.97 per share a year ago. For the year, Net Sales were $4,522.424 million against $4,103.776 million a year ago. Income from operations was $559.909 million against $492.424 million a year ago. Income before income taxes was $491.882 million against $423.795 million a year ago. Net income was $345.401 million or $4.01 per diluted share against $289.255 million or $3.20 per diluted share a year ago. Adjusted EBIT was $598.351 million against $527.228 million a year ago. Adjusted net income was $374.342 million or $4.35 per share against $320.432 million or $3.54 per share a year ago. For annual fiscal 2015, The company expects sales guidance is for growth in the low single-digits. Fiscal 2015 annual diluted EPS (as adjusted) guidance is $4.45 to $4.65. The company is planning an effective annual tax rate of 31% to 32% in 2015 and CapEx of approximately $120 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
VAL:US $87.70 USD -0.13

VAL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Axalta Coating Systems Ltd $26.63 USD -0.11
Fortune Brands Home & Security Inc $44.78 USD +0.14
RPM International Inc $51.59 USD +0.13
WR Grace & Co $98.42 USD -0.08
Westlake Chemical Corp $61.73 USD -0.08
View Industry Companies
 

Industry Analysis

VAL

Industry Average

Valuation VAL Industry Range
Price/Earnings 21.9x
Price/Sales 1.6x
Price/Book 7.1x
Price/Cash Flow 20.8x
TEV/Sales 1.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact VALSPAR CORP, please visit www.valspar.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.