Sherwin-Williams Co. (NYSE: SHW) has seen a considerable level of financial activities. The stock achieved a 12-month high of
$350.69. Analysts from KeyBanc, Jefferies, BofA Securities, and BMO Capital, among others, have significantly
raised the price target for the company. Sherwin-Williams reported impressive Q2 2024 earnings, beating expectations by
$0.19 EPS. This follows strong Q1 performance and consecutive earnings guidance. The company predicts Q3 2024 earnings of
$3.50 per share. Despite missing sales estimates for Q2, Sherwin-Williams' stocks are on the rise, backed by robust residential growth. The
Canada Pension Plan Investment Board has reportedly increased its stake in the company. Potential investors are being urged to consider the company's financial results and market performance. Several analysts have upgraded the stock to BUY and predicted continued growth in the long term. The company also reported a
dividend of $0.715 per share. With its impressive returns on capital and reputation as a dividend aristocrat, Sherwin-Williams appears to offer considerable investment opportunities.
Sherwin-Williams SHW News Analytics from Thu, 07 Dec 2023 08:00:00 GMT to Sun, 28 Jul 2024 14:19:32 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 6
