The Sherwin-Williams Company’s Stock Price Plummets to $361.38, Sliding Down by 5.34%

The Sherwin-Williams Company (SHW)

361.38 USD -20.37 (-5.34%) Volume: 4.72M

The Sherwin-Williams Company’s stock price stands at 361.38 USD, experiencing a dip of -5.34% this trading session amidst a trading volume of 4.72M, yet showcasing a positive YTD performance with a percentage change of +15.86%.

Latest developments on The Sherwin-Williams Company

Sherwin-Williams Co saw a decline in stock price today following the release of their 2024 third-quarter financial results, which showed a dip in earnings after a slump in demand in key sectors. The company reported an earnings per share of $3.18 and revenue of $6.16 billion, missing estimates. This news led to a drop in stock price, with analysts expressing optimism despite the disappointing earnings. Sherwin-Williams also recently named their 2025 color capsule of the year, but this announcement did not offset the negative impact of the earnings report on their stock performance.

The Sherwin-Williams Company on Smartkarma

Analysts on Smartkarma have been bullish on Sherwin Williams Co, with Business Breakdowns highlighting the company’s steady growth and strategic capital allocation decisions. In their report, Sherwin Williams is praised for offering a 6.9% yield through their bond account on public.com, positioning themselves as a leader in the paint and coatings industry. With a history of compounding earnings at 14% per year over the last 20 years, Sherwin Williams is seen as a reliable investment option for investors looking for long-term growth opportunities.

Baptista Research also chimed in with a positive outlook on Sherwin Williams Co, emphasizing the company’s robust results in the second quarter of 2024. Despite facing a complex macroeconomic climate, Sherwin Williams showcased growth in sales and margins across its segments, reflecting strong execution and strategic positioning for future growth opportunities. While the company’s first quarter results were modest, analysts remain confident in Sherwin Williams’ full-year outlook and are optimistic about the upcoming painting season, solidifying the company’s position as a promising investment choice.

A look at The Sherwin-Williams Company Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Sherwin Williams Co, the company appears to have a positive long-term outlook. With a strong score in Growth and Momentum, Sherwin Williams Co is positioned well for future expansion and market success. Additionally, the company’s focus on resilience indicates a commitment to weathering potential challenges in the industry. While the Value and Dividend scores are not as high, the overall outlook for Sherwin Williams Co seems promising based on these key factors.

The Sherwin-Williams Company, known for manufacturing, distributing, and selling paints, coatings, and related products, has a diverse customer base across North and South America, with additional operations in the Caribbean, Europe, and Asia. With a solid Growth score and strong Momentum, Sherwin Williams Co is poised for continued success in the market. While there may be room for improvement in areas such as Value and Dividend, the company’s overall outlook remains positive based on the Smartkarma Smart Scores.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma