April 23, 2014
(Stock Blog Hub, 7/6/13)
We have reaffirmed our Neutral recommendation on paints and coatings maker Valspar Corp. (VAL) following its mixed second-quarter fiscal 2013 results. While we are encouraged...(read more)
(Wax Ink, 2/19/13)
Texas ( Feb. 19, 2013) Wax Ink has issued a No Investment Interest rating for The Valspar Corporation (NYSE: VAL) based on a recent value review which placed fair value between $26-$34. The...(read more)
(Stock Blog Hub, 6/12/12)
We are maintaining our Outperform recommendation on The Valspar Corporation (VAL). Second quarter earnings topped the Zacks Consensus Estimate while sales missed. The company...(read more)
Valspar (VAL) Company Overview
The Valspar Corporation (NYSE:VAL) makes industrial, packaging, automotive, and house paints, which can be found on everything from heavy machinery to soda cans. It is the world's number one supplier (in terms of sales) of wood coatings. 92.2% of Valspar's 2009 revenues came from the sales of paints and finishes, which are all made of petrochemicals.
In recent years, Valspar has been growing its international business rapidly, with a focus on emerging markets. In addition to becoming the leading supplier by sales of wood coatings in China, Valspar has become the number one supplier of packaging and coil coatings in Latin America. Much of this is a result of the company's strategy to use acquisitions as a means of growth.In recent years, Valspar has spent roughly $500 million to buy companies in high-growth economies.(Read more at Wikinvest )
What's in this VAL analysis on Wikinvest...