The stock price of Sherwin-Williams Co. (NYSE: SHW) has plunged by -3.78 when compared to previous closing price of 309.26, but the company has seen a -3.51% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-23 that The headline numbers for Sherwin-Williams (SHW) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in Sherwin-Williams Co. (NYSE: SHW) Right Now?
Sherwin-Williams Co. (NYSE: SHW) has a price-to-earnings ratio that is above its average at 32.21x. The stock has a 36-month beta value of 1.17. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 8 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for SHW is 233.64M, and at present, short sellers hold a 1.09% of that float. On April 23, 2024, the average trading volume of SHW was 1.37M shares.
SHW’s Market Performance
SHW stock saw a decrease of -3.51% in the past week, with a monthly decline of -13.22% and a quarterly a decrease of -2.59%. The volatility ratio for the week is 1.76%, and the volatility levels for the last 30 days are 1.61% for Sherwin-Williams Co. (SHW). The simple moving average for the last 20 days is -8.86% for SHW stock, with a simple moving average of 3.30% for the last 200 days.
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 -9.23% 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 -14.59% of loss for the given period.
Volatility was left at 1.61%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares sank -13.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.81% lower at present.
During the last 5 trading sessions, SHW fell by -3.77%, which changed the moving average for the period of 200-days by +16.18% in comparison to the 20-day moving average, which settled at $324.22. In addition, Sherwin-Williams Co. saw -4.60% in overturn over a single year, with a tendency to cut further losses.
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:
- 0.16 for the present operating margin
- 0.47 for the gross margin
The net margin for Sherwin-Williams Co. stands at 0.11. The total capital return value is set at 0.23. 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 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.54. The interest coverage ratio of the stock is 8.99.
Currently, EBITDA for the company is 4.32 billion with net debt to EBITDA at 3.25. When we switch over and look at the enterprise to sales, we see a ratio of 3.84. The receivables turnover for the company is 8.18for trailing twelve months and the total asset turnover is 0.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.83.
Conclusion
To sum up, Sherwin-Williams Co. (SHW) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
