Whether you're a seasoned investor or just starting out, you should aim to maximize your returns by investing confidently in the stock market.
Even if you already have a preferred investment strategy, the Zacks Style Scores can help you identify promising companies. These two metrics work hand in hand to rank companies according to their growth, momentum, and value.
The Importance of Keeping an Eye on This Particular Growth Stock A growth-oriented investor, in contrast to a value or momentum investor, looks at the big picture, including the company's finances and how the stock could perform in the future. So, they should zero in on the Growth Style Score, which uses metrics like sales, cash flow, and earnings (both current and prospective) to identify firms with long-term growth potential.
The company known as Sherwin-Williams With its headquarters in Cleveland, Ohio, The Sherwin-Williams Company has been making and selling paints, coatings, and associated goods since its founding in 1866. The company mainly targets the North and South American markets. Its reach extends to the Mediterranean, Europe, and Asia as well.
When it comes to paint, Sherwin-Williams is right up there with the largest names in America and the world. Among its renowned brands include Dutch Boy, Krylon, Minwax, and others. The all-cash acquisition of competitor paints maker Valspar by the firm was finalized on June 1, 2017, transforming it into a world-leading paints and coatings manufacturer.
SHW has a Growth Style Score of B and a VGM Score of B, placing it at #3 on the Zacks Rank (Hold). Our analysts predict an 11% increase in earnings and a 2.8% increase in revenue from the previous year.
Zacks Consensus Estimate for 2024 earnings per share is $11.49, up $0.05 from the previous 60 days, as a result of one analyst's higher revision. On average, SHW's earnings have surprised investors by 12.1%.
Looking at cash flow, Sherwin-Williams is predicted to post a growth of 15.7% this year. Over the last three to five years, SHW has managed to achieve a growth of 7.3% in cash flow.
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