Sherwin-Williams Earns Moderate Buy Rating Amid Strong Earnings Beat
The Sherwin-Williams Company (NYSE:SHW) has received an average recommendation of 'Moderate Buy' from 18 research firms covering the firm, MarketBeat reports.
The company's stock was opened at $329.09 on Friday and its 12-month high is $377.77. The business has a market capitalization of $79.89 billion and a PE ratio of 30.33.
Sherwin-Williams beat analysts' consensus estimates by $0.18 with earnings per share (EPS) of $3.70 for the quarter, which ended on July 28th. The company also reported revenue of $6.79 billion during that period, a year-over-year increase of 7.5%.
The firm has set its FY 2026 guidance at 11.800-12.200 EPS and expects to post 12.09 earnings per share for the current fiscal year. Sherwin-Williams's payout ratio is 29.49%, with a quarterly dividend of $0.80 paid on September 11th.