The Sherwin-Williams Company's (SHW) shares have soared 22.9% in the past three months compared with the S&P 500 and the industry's growth of 1.2% and 19%, respectively. Image Source: Zacks Investment Research Let's look at the factors driving the stock's price appreciation. What's Driving Sherwin-Williams Stock? Sherwin-Williams reported stronger-than-expected earnings for the second quarter of 2024, prompting the company to raise its full-year outlook. Adjusted earnings came in at $3.70 per share, beating ...

The Sherwin-Williams Company's (SHW) shares reached a fresh 52-week high of $371.19 on Sept. 3 before closing at $363.75. In the past year, SHW stock has risen 34.9% compared with the industry's 33.9% growth. Image Source: Zacks Investment Research What's Driving Sherwin-Williams Stock? Sherwin-Williams delivered stronger-than-expected earnings in second-quarter 2024 and raised its full-year guidance. SHW posted adjusted earnings of $3.70 per share, surpassing the Zacks Consensus Estimate of $3.51. Revenues ...

It has been about a month since the last earnings report for Sherwin-Williams (SHW) . Shares have added about 7.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Sherwin-Williams due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Sherwin-Williams' Q2 Earnings Top Est ...

The Sherwin-Williams Company's (SHW) shares have appreciated 15.7% in the past three months. The company also outperformed the industry's rise of 13.8% and topped the S&P 500's 5.7% rise over the same period. Image Source: Zacks Investment Research Let's take a look at the factors driving the stock's price appreciation. What's Driving Sherwin-Williams? Sherwin-Williams delivered stronger-than-expected earnings in second-quarter 2024 and raised its full-year earnings guidance. SHW posted adjusted earnings of ...

The Sherwin-Williams Company's (SHW) shares reached a fresh 52-week high of $357.64 on Aug 15, before closing at $356.47. In the past year, the stock has rallied 30.5% against the industry's 28.2% rise in the same period. Image Source: Zacks Investment Research What's Driving Sherwin-Williams? SHW delivered forecast-topping earnings in the second quarter and raised its earnings guidance for 2024. In the second quarter, SHW reported adjusted earnings of $3.70 per share, exceeding the Zacks Consensus Estimate ...

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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Sherwin-Williams (SHW) Founded in 1866 and headquartered in Cleveland, OH, The Sherwin-Williams Company is into manufacturing and sales of paints, coatings and related products, primarily in the North and South America. It also has operations in the Caribbean region, Europe and Asia. Sherwin-Williams is one of the biggest paint companies in the United States and in the world. Its well-known brands include Du ...

The deferred compensation plan assets consist of the investment funds maintained for future payments under the Company's executive deferred compensation plans, which are structured as rabbi trusts. The investments are marketable securities accounted for under the Debt and Equity Securities Topics of the ASC. The Level 1 investments are valued using quoted market prices multiplied by the number of shares. The deferred compensation plan assets also include partnership funds measured using net asset value (or ...

In the Performance Coatings Group, modest sales growth was driven by an acquisition which was partially offset by unfavorable currency translation. Adjusted segment margin improved to 19.4%. This continued strong margin performance reflects our ability to drive our customer success in end markets that value differentiation. It also reflects the ongoing hard work of our team to optimize this business. We continue to see choppy demand by division and region. Industrial wood led the growth including the impact ...

Americans are buying more paint and are willing to pay higher prices for it. "Led by strong performance in the Paint Stores Group, we continued to execute on our proven strategy across the company to deliver consolidated sales within our expectations, gross margin expansion, EBITDA growth, and a 12.5% ... increase in adjusted diluted net income per share," CEO Heidi G. Petz said in a statement. Investors knew coming into this earnings season that high interest rates have eaten into home construction and ren ...