Sherwin-Williams SHW Up 18% in 6 Months: What’s Driving it?

Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.

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You can see the complete list of today’s Zacks #1 Rank stocks here.Axalta has a projected earnings growth rate of 5.4% for the current year. AXTA delivered a trailing four-quarter earnings surprise of 6.7%, on average. The stock is up around 23.1% in a year.Andersons currently carries a Zacks Rank #2 (Buy).

The Sherwin-Williams Company (SHW) Q3 2021 Earnings Call Transcript

The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Sherwin-Williams’ stock is owned by a variety of retail and institutional investors.

More than three fourths of Sherwin’s business occurs in North America, with much of its international exposure acquired during the 2016 purchase of Valspar. The acquisition of Valspar has bolstered its previously modest retail presence, as Valspar’s long-standing relationship with Lowe’s led to an exclusive partnership for Sherwin in 2018. Sherwin also obtained Valspar’s industrial business, expanding its performance coatings segment.

1,095 employees have rated Sherwin-Williams Chief Executive Officer John Morikis on Glassdoor.com. John Morikis has an approval rating of 76% among the company’s employees. Wondering when you’ll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO. “Barbie” isn’t just one of 2023’s biggest box office hits, it could also have a lasting financial impact on companies spanning fashion, entertainment, and home decor. Greg Melich, Evercore ISI, joins ‘Closing Bell’ to discuss retail sales which came in hotter-than-expected.

Why Sherwin-Williams Stock Gained 17% in June

Each earnings season, we can see 70% to 80% of the S&P 500 “beating” consensus quarterly profit es… Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Shares https://forex-reviews.org/ of the paint company gained on signs of a recovery in the housing market and other demand trends. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.

The Sherwin-Williams Company (SHW) Q2 2021 Earnings Call Transcript

15 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Sherwin-Williams in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “moderate buy” SHW shares. Better-ranked stocks in the basic materials space include Denison Mines Corp. ANDE.Denison Mines has projected an earnings growth rate of 100% for 2023. DNN delivered a trailing four-quarter earnings surprise of 225%, on average.

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Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Sherwin-Williams is the largest provider of architectural paint in the United States. The firm has over 4,900 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells its products in big-box stores and provides coatings for original equipment manufacturers.

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The newly minted shares were issued to shareholders after the closing bell on Wednesday, March 31st 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split. On July 25, 2023, Sherwin-Williams Co https://forex-review.net/ ( SHW , Financial) saw a gain of 4.55% in its stock price, reaching $280.21 per share. This Fortune 500 company boasts a market capitalization of $72.3 billion, w… The technique has proven to be very useful for finding positive surprises.

Shareholders of record on Friday, November 17th will be paid a dividend of $0.605 per share on Friday, December 8th. This represents a $2.42 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Thursday, November 16th. According to 18 analysts, the average rating for SHW stock is “Buy.” The 12-month stock price forecast is $288.76, which is a decrease of -0.97% from the latest price.

The consensus estimate for 2023 earnings has risen 17.1%. During the same period, the consensus estimate for 2024 increased by 9.3%. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication https://forexbroker-listing.com/ to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.96% per year. These returns cover a period from January 1, 1988 through October 2, 2023.

Plus, SHW info will be updated daily in your free Zacks.com Portfolio Tracker. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. We’d like to share more about how we work and what drives our day-to-day business. Upgrade to MarketBeat All Access to add more stocks to your watchlist.

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