Evaluating the Ups and Downs of Sherwin-Williams Co.’s (SHW) Stock

The stock of Sherwin-Williams Co. (SHW) has gone down by -2.35% for the week, with a -0.38% drop in the past month and a 7.07% rise in the past quarter. The volatility ratio for the week is 1.26%, and the volatility levels for the past 30 days are 1.51% for SHW. The simple moving average for the past 20 days is -1.79% for SHW’s stock, with a 18.00% simple moving average for the past 200 days.

Is It Worth Investing in Sherwin-Williams Co. (NYSE: SHW) Right Now?

Sherwin-Williams Co. (NYSE: SHW) has a higher price-to-earnings ratio of 36.15x compared to its average ratio. SHW has 36-month beta value of 1.16. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 8 as “overweight,” 7 as “hold,” and 0 as “sell.”

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The public float for SHW is 233.68M, and currently, short sellers hold a 1.22% ratio of that float. The average trading volume of SHW on April 03, 2024 was 1.42M shares.

SHW) stock’s latest price update

Sherwin-Williams Co. (NYSE: SHW)’s stock price has decreased by -1.24 compared to its previous closing price of 338.16. However, the company has seen a -2.35% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-02 that Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Analysts’ Opinion of SHW

Many brokerage firms have already submitted their reports for SHW stocks, with UBS repeating the rating for SHW by listing it as a “Buy.” The predicted price for SHW in the upcoming period, according to UBS is $402 based on the research report published on March 07, 2024 of the current year 2024.

Northcoast gave a rating of “Buy” to SHW, setting the target price at $360 in the report published on February 27th of the current year.

SHW Trading at 3.23% from the 50-Day Moving Average

After a stumble in the market that brought SHW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.14% of loss for the given period.

Volatility was left at 1.51%, however, over the last 30 days, the volatility rate increased by 1.26%, as shares sank -0.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.85% upper at present.

During the last 5 trading sessions, SHW fell by -2.35%, which changed the moving average for the period of 200-days by +35.84% in comparison to the 20-day moving average, which settled at $339.90. In addition, Sherwin-Williams Co. saw 7.07% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SHW starting from Binns Justin T, who sale 1,563 shares at the price of $338.87 back on Mar 13 ’24. After this action, Binns Justin T now owns 14,564 shares of Sherwin-Williams Co., valued at $529,654 using the latest closing price.

GARCEAU MARY L, the SVP – CLO and Secretary of Sherwin-Williams Co., sale 23,518 shares at $322.66 during a trade that took place back on Feb 26 ’24, which means that GARCEAU MARY L is holding 28,475 shares at $7,588,433 based on the most recent closing price.

Stock Fundamentals for SHW

Current profitability levels for the company are sitting at:

  • 0.15 for the present operating margin
  • 0.47 for the gross margin

The net margin for Sherwin-Williams Co. stands at 0.1. The total capital return value is set at 0.22. Equity return is now at value 70.07, with 10.49 for asset returns.

Based on Sherwin-Williams Co. (SHW), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 2.77. The interest coverage ratio of the stock is 8.47.

Currently, EBITDA for the company is 4.32 billion with net debt to EBITDA at 3.0. When we switch over and look at the enterprise to sales, we see a ratio of 4.18. The receivables turnover for the company is 9.34for trailing twelve months and the total asset turnover is 1.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.83.

Conclusion

To put it simply, Sherwin-Williams Co. (SHW) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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