For its second fiscal quarter (ending June 30), The Sherwin-Williams Co (NYSE: SHW) has reported a 15% increase in E.P.S. from $3.10 a year ago to $3.55 in the current quarter. This performance was $0.05 better than the consensus estimate of $3.50. For the latest four quarters through June 30, E.P.S. were $9.92 compared to $9.12 a year ago — an increase of 9%.
Recent Price Action
The Sherwin-Williams Co (NYSE: SHW) stock enjoyed a very large increase of 6.9% on 7/23/24. The shares closed at $344.50. Moreover, exceptionally high trading volume at 225% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 8.2% 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 (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sherwin-Williams has a poor Appreciation Score of 25 but a slightly positive Power Rating of 68, resulting in the Low 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.
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