#6 - Sherwin-Williams (NYSE:SHW)
The Sherwin-Williams Company (NYSE: SHW) stock is down about 9% since the company missed on revenue and earnings in its third quarter earnings report. The stock is under pressure even though the numbers were higher on a year-over-year basis.
But much of the stock price loss has come with the broader market selloff in December. It's also important to note that prior to the company’s earnings report, SHW stock was trading at a 52-week and all-time high of around $400 per share.
Analysts expect Sherwin-Williams stock to make another run at that $400 resistance level in 2025. Not only will that be good for stock price appreciation, but it will come with a likely dividend increase in the coming quarter. That will make it 48 consecutive years of increases for the company. And the company’s payout ratio of around 28% is sustainable for the long term.
About Sherwin-Williams
The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.
Read More - Current Price
- $343.23
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 12 Buy Ratings, 6 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $397.63 (15.8% Upside)
