Sherwin-Williams Co. (NYSE: SHW) has experienced a decline in its stock price by -0.71 compared to its previous closing price of 378.00. However, the company has seen a gain of 1.00% in its stock price over the last five trading days. zacks.com reported 2024-09-17 that Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Is It Worth Investing in Sherwin-Williams Co. (NYSE: SHW) Right Now?
The price-to-earnings ratio for Sherwin-Williams Co. (NYSE: SHW) is 38.26x, which is above its average ratio. Moreover, the 36-month beta value for SHW is 1.17. Analysts have varying opinions 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 231.65M and currently, short sellers hold a 1.34% of that float. On September 19, 2024, SHW’s average trading volume was 1.65M shares.
SHW’s Market Performance
SHW’s stock has seen a 1.00% increase for the week, with a 5.42% rise in the past month and a 25.02% gain in the past quarter. The volatility ratio for the week is 1.39%, and the volatility levels for the past 30 days are at 1.50% for Sherwin-Williams Co. The simple moving average for the last 20 days is 2.78% for SHW’s stock, with a simple moving average of 17.06% for the last 200 days.
Analysts’ Opinion of SHW
Many brokerage firms have already submitted their reports for SHW stocks, with Evercore ISI repeating the rating for SHW by listing it as a “Outperform.” The predicted price for SHW in the upcoming period, according to Evercore ISI is $365 based on the research report published on July 24, 2024 of the current year 2024.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see SHW reach a price target of $400. The rating they have provided for SHW stocks is “Overweight” according to the report published on April 25th, 2024.
UBS gave a rating of “Buy” to SHW, setting the target price at $402 in the report published on March 07th of the current year.
SHW Trading at 7.70% 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 -1.96% of loss for the given period.
Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.39%, as shares surge +5.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.56% upper at present.
During the last 5 trading sessions, SHW rose by +1.00%, which changed the moving average for the period of 200-days by +34.62% in comparison to the 20-day moving average, which settled at $366.17. In addition, Sherwin-Williams Co. saw 20.33% 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 Mistysyn Allen J, who sale 14,520 shares at the price of $366.83 back on Aug 30 ’24. After this action, Mistysyn Allen J now owns 63,520 shares of Sherwin-Williams Co., valued at $5,326,372 using the latest closing price.
MORIKIS JOHN G, the Executive Chairman of Sherwin-Williams Co., sale 115,969 shares at $364.54 during a trade that took place back on Aug 30 ’24, which means that MORIKIS JOHN G is holding 366,546 shares at $42,275,050 based on the most recent closing price.
Stock Fundamentals for SHW
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.48 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 68.07, with 10.72 for asset returns.
Based on Sherwin-Williams Co. (SHW), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 2.88. The interest coverage ratio of the stock is 9.3.
Currently, EBITDA for the company is 4.32 billion with net debt to EBITDA at 2.86. When we switch over and look at the enterprise to sales, we see a ratio of 4.64. The receivables turnover for the company is 7.4for trailing twelve months and the total asset turnover is 0.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.81.
Conclusion
To wrap up, the performance of Sherwin-Williams Co. (SHW) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
