The Sherwin-Williams Company (NYSE:SHW) saw an upside of 1.24% to close Tuesday at $291.86 after adding $3.57 on the day. The 5-day average trading volume is 1,219,880 shares of the company’s common stock. It has gained $299.79 in the past week. An average of 1,251,830 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,053,552.
SHW’s 1-month performance is -3.38% or -$8.78 on its low of $272.01 reached on 09/29/21. The company’s shares have touched a 52-week low of $218.06 and high of $310.43, with the stock’s rally to the 52-week high happening on 09/03/21. YTD, SHW has achieved 19.14% or $46.89. However, the current price is down -5.98%% from the 52-week high price.
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On Sep 13, 30 days have gone by since the last insider trading activity for The Sherwin-Williams Company (SHW). Sladek Joseph F (Pres. & GM, Glob. Supply Chain) most recently sold 432 shares at $302.32 per share on Sep 13. This transaction cost the insider $130,602. SVP – Corp Strategy & Devel., Young Bryan J, sold 1,662 shares at a price of $303.75 on Sep 13. Then, on Aug 26, SVP, Strategic Initiatives IPPOLITO PETER J. sold 12,390 shares at a price of $302.42 per share. This transaction amounted to $3,746,984.
The company’s PE ratio for the last five years has touched a high of 44.26 and a low of 18.28. SHW stock has a beta of 1.06. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.96 while the price-to-book (PB) in the most recent quarter is 27.00, with the price to cash flow ratio at 29.02.
The Sherwin-Williams Company pays an annual dividend of $2.20 per share. Its dividend yield is 0.75% and the payout ratio is 24.50%. SHW’s most recent quarterly dividend payment was made on Sep. 10, when it paid $0.55 a share compared with prior rate of $0.55, down 0.0% from last year’s. The company has boosted its dividend for the last 41 consecutive years with the latest dividend increase of $0.1033 reported on Wednesday April 21 2021. Measured over the last 3 years, the Dividend has been growing by 57.65% yearly.
It is projected that The Sherwin-Williams Company’s next ex-dividend date will be on 15-Nov. SHW is expected to distribute $0.55 as its next dividend.
The Sherwin-Williams Company’s quick ratio for the period ended June 29 was 0.50, with the current ratio over the same period at 0.80 meaning that SHW stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 2.68, while the total debt to equity was 3.19. In terms of profitability, the gross margin trailing 12 months is 46.40%. The trailing 12-month EBITDA margin is 20.99% while for the period ending June 29; The Sherwin-Williams Company’s operating margin was 13.60%. The firm’s gross profit as reported stood at $8.68 billion against revenue of $18.36 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 14.42% to $5.38 billion, while revenue of $4.66 billion was 13.45% off the previous quarter. Analysts expected SHW to announce $2.68 per share in earnings in its latest quarter, but it posted $2.65, representing a -1.10% surprise. EBITDA for the quarter stood at more than $1.05 billion. SHW stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 17.68 billion, with total debt at $10.88 billion. Shareholders hold equity totaling $263.3 million
Let’s look briefly at The Sherwin-Williams Company (SHW) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 52.73% to suggest the stock is trending Neutral, with historical volatility in this time period at 17.90%.
The stock’s 5-day moving average is $291.55, reflecting a +0.18% or $0.52 change from its current price. SHW is currently trading -2.34% above its 20-day SMA, +3.28% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +0.10% and +19.31% respectively.
Stochastic %K and %D was 64.92% and 69.62% and the average true range (ATR) pointed at 6.06. The RSI (14) points at 49.95%, while the 14-day stochastic is at 71.45% with the period’s ATR at 5.83. The stock’s 9-day MACD Oscillator is pointing at 1.25 and 1.85 on the 14-day charts.
In the most recent analyst report for The Sherwin-Williams Company (NYSE: SHW), Citigroup downgraded it to a Neutral rating. They previously had a Buy rating on the stock. Analysts offering their rating for SHW stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate SHW as a “sell,”, while 12 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 14 have offered a “buy” rating.
What is SHW’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $278.00 and a high of $352.00, with their median price target at $312.50. Looking at these predictions, the average price target given by analysts is for The Sherwin-Williams Company (SHW) stock is $313.55.