The Sherwin-Williams Co (NYSE: SHW) has reported E.P.S. of $3.22 for its third fiscal quarter (ending September 30) versus $2.98 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $10.16 versus $9.44 for the same period a year ago.
Recent Price Action
The Sherwin-Williams Co (NYSE: SHW) stock suffered a large decline of -5.3% on 10/22/24. The stock closed at $361.38. Moreover, exceptionally high trading volume at 380% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -5.9% during the last week.
Current PriceTarget Research Rating
SHW’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Sherwin-Williams has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Sherwin-Williams has a poor Appreciation Score of 23 but a good Power Rating of 76, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment