Stock Rating Downgrade
The Value Trend Rating for The Sherwin-Williams Co (NYSE: SHW) weakened during the last several trading days from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
The Sherwin-Williams Co (NYSE: SHW) stock closed at $375.40 on 9/13/24 after a modest gain of 0.4%. However, unusually low trading volume at 62% of normal accompanied the advance. The stock has risen 4.3% during the last week and has been strong relative to the market over the last nine months.
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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Sherwin-Williams has a poor Appreciation Score of 23 but a slightly positive Power Rating of 61, with the Negative Value Trend Rating the result.
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