Are Wall Street Analysts Bullish on Sherwin-Williams Stock?

Core Insights - Sherwin-Williams Company (SHW) has a market capitalization of $85.5 billion and operates over 5,000 company-operated stores for its branded products [1] - SHW shares have underperformed the broader market, declining 11.4% over the past year compared to a 14.1% increase in the S&P 500 Index [2] - The company's Q3 results showed an adjusted EPS of $3.59, surpassing expectations, with revenue of $6.4 billion also exceeding forecasts [4] Financial Performance - For the current fiscal year, analysts expect SHW's EPS to grow marginally to $11.35 on a diluted basis [5] - The company's earnings surprise history is mixed, beating consensus estimates in three of the last four quarters [5] - SHW expects full-year adjusted EPS in the range of $11.25 to $11.45 [4] Analyst Ratings - Among 27 analysts covering SHW, the consensus rating is a "Moderate Buy," with 13 "Strong Buy" ratings, two "Moderate Buys," and 12 "Holds" [5] - Citigroup analyst Patrick Cunningham maintained a "Hold" rating on SHW with a price target of $392, indicating a potential upside of 13.6% [6] Market Context - SHW's underperformance is linked to the escalating Middle East conflict, rising crude oil prices, and investor concerns over supply disruptions [4] - Compared to the Materials Select Sector SPDR Fund (XLB), which has declined about 6.9% YTD, SHW's performance has been notably weaker [3]