Value gained By The Sherwin-Williams Company (SHW) In The Past Week: $223.51

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The Sherwin-Williams Company (NYSE:SHW) traded with a subtraction of -$5.51 to $208.33 on Thursday, a downside of -2.58 percent. An average of 1,294,981 shares of common stock have been traded in the last five days. There was a fall of -$15.13 in the past week, and it reached a new high 24 times over the past 12 months. The last 20 days have seen an average of 1,292,905 shares traded, while the 50-day average volume stands at 1,530,892.

SHW stock has decreased by -11.43% in the last month. The company shares reached their 1-month lowest point of $208.74 on 09/22/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $213.66 and a high of $354.15 in 52 weeks. It has reached a new high 1 time so far this year and lost -39.28% or -$143.42 in price. In spite of this, the price is down -41.17% from the 52-week high.


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Insider Transactions

122 days have passed since The Sherwin-Williams Company (SHW) last reported insider trading activity. Binns Justin T, who is President, The Americas Group, most recently acquired $1,542 shares at $259.99 per share on May 23. In this transaction, the insider spent $400,905. SVP – Corp Strategy & Devel., Young Bryan J, disposed of 750 shares at a price of $322.70 on Nov 09. The insider now owns more than $242,025 worth of shares.

Valuation Metrics

The Sherwin-Williams Company (SHW) has a trailing price-to-earnings (P/E) ratio of 32.15. The stock’s beta is 1.06. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.70, the price-to-book (PB) ratio at 24.81, and the price-to-cash flow ratio at 88.88.

The company has a payout ratio of 34.00%. The company’s most recent quarterly dividend payment was $0.60 a share, without any change from last year. Its latest increase dividend $0.05 reported on Wednesday February 16 2022.

Financial Health

The quick ratio of The Sherwin-Williams Company for the three months ended June 29 was 0.50, and the current ratio was 0.90, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 3.86 and a total debt to equity ratio of 4.77 for the quarter ending June 29. Its gross profit as reported stood at $8.54 billion compared to revenue of $19.94 billion.

Earnings Surprise

For the three-month period that ended June 29, The Sherwin-Williams Company had $8.59 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $577.9 million in the quarter, while revenues were shrunk -12.23%. The analyst consensus anticipated The Sherwin-Williams Company’s latest quarter earnings to come in at $2.77 per share, but it turned out to be $2.41, a -13.00% surprise. For the quarter, EBITDA amounted to $991.9 million. Shareholders own equity worth $259.18 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at The Sherwin-Williams Company (SHW) price momentum. RSI 9-day as of the close on 21 September was 21.66%, suggesting the stock is oversold, with historical volatility in this time frame at 24.58%.

As of today, SHW’s price is $217.23 -6.76% or -$15.13 from its 5-day moving average. SHW is currently trading -12.85% lower than its 20-day SMA and -24.08% lower than its 100-day SMA. However, the stock’s current price level is -15.05% below the SMA50 and -38.81% below the SMA200.

The stochastic %K and %D were 6.92% and 7.68%, respectively, and the average true range (ATR) was 5.93. With the 14-day stochastic at 0.00% and the average true range at 6.11, the RSI (14) stands at 28.59%. The stock has reached -9.50 on the 9-day MACD Oscillator while the 14-day reading was at -14.03.

Analyst Ratings

BofA Securities downgraded The Sherwin-Williams Company (NYSE: SHW) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for The Sherwin-Williams Company (SHW) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell SHW, while 15 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 11 others rate it as a “buy”.

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