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NYSE:SHW

Sherwin-Williams (SHW) Stock Price, News & Analysis

$357.97
+2.63 (+0.74%)
(As of 08/21/2024 ET)
Today's Range
$354.43
$358.88
50-Day Range
$294.57
$357.97
52-Week Range
$232.06
$358.88
Volume
1.24 million shs
Average Volume
1.63 million shs
Market Capitalization
$90.30 billion
P/E Ratio
38.16
Dividend Yield
0.80%
Price Target
$355.00

Sherwin-Williams MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
0.8% Downside
$355.00 Price Target
Short Interest
Healthy
1.79% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.14
Upright™ Environmental Score
News Sentiment
0.92mentions of Sherwin-Williams in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.71%
From $11.44 to $12.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.86 out of 5 stars

Construction Sector

32nd out of 96 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

1st out of 6 stocks

SHW stock logo

About Sherwin-Williams Stock (NYSE:SHW)

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group. The Paint Stores Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers, including home centers and hardware stores, and dedicated dealers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.

SHW Stock Price History

SHW Stock News Headlines

Financial markets news icon
UPS, Comcast fall; GE Aerospace, Sherwin-Williams rise; Tuesday, 7/23/2024
Stocks that traded heavily or had substantial price changes on Tuesday: UPS, Comcast fall; GE Aerospace, Sherwin-Williams rise
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Company Calendar

Ex-Dividend for 6/7 Dividend
5/16/2024
Dividend Payable
6/07/2024
Last Earnings
7/23/2024
Ex-Dividend for 9/6 Dividend
8/16/2024
Today
8/22/2024
Dividend Payable
9/06/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Building materials, hardware, garden supply & mobile home dealers
Sub-Industry
Specialty Chemicals
CUSIP
82434810
Employees
64,088
Year Founded
1866

Price Target and Rating

Average Stock Price Target
$355.00
High Stock Price Target
$418.00
Low Stock Price Target
$249.00
Potential Upside/Downside
-0.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
21 Analysts

Profitability

Net Income
$2.39 billion
Pretax Margin
14.33%

Debt

Sales & Book Value

Annual Sales
$23.05 billion
Cash Flow
$13.26 per share
Book Value
$14.52 per share

Miscellaneous

Free Float
252,028,000
Market Cap
$90.30 billion
Optionable
Optionable
Beta
1.16

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Should I Buy Sherwin-Williams Stock? SHW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Sherwin-Williams Company:

  • The company has consistently received positive ratings from various financial institutions, with many analysts giving it a "buy" or "strong buy" rating, indicating confidence in its performance and potential growth.
  • Sherwin-Williams recently announced an increase in its quarterly dividend, providing investors with a steady income stream. The current dividend yield of 0.81% can be attractive for income-focused investors.
  • Recent earnings reports have shown that Sherwin-Williams has exceeded analysts' expectations, with strong earnings per share and revenue figures. This demonstrates the company's ability to deliver solid financial results.
  • Several investment firms have raised their price targets for Sherwin-Williams, suggesting that there is optimism about the company's future stock performance and potential for capital appreciation.
  • Despite market fluctuations, Sherwin-Williams has maintained a stable market capitalization and a healthy financial position, with manageable debt levels and strong liquidity ratios.

Cons

Investors should be bearish about investing in The Sherwin-Williams Company for these reasons:

  • While the stock has shown positive momentum, the current stock price is near its 52-week high, which may limit short-term upside potential for investors looking for immediate gains.
  • With a relatively high P/E ratio of 37.58 and P/E/G ratio of 2.75, Sherwin-Williams' stock may be considered overvalued by some investors, potentially leading to a correction in the stock price.
  • Market volatility and economic uncertainties could impact Sherwin-Williams' business, especially in the face of global challenges such as trade disputes or economic downturns that may affect demand for its products.
  • Investors should be cautious about the cyclical nature of the paint and coatings industry, as Sherwin-Williams' performance is closely tied to the broader economic conditions and construction activity levels.
  • While the company has a strong track record, past performance is not indicative of future results, and investors should carefully assess market conditions and industry trends before making investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, August 7, 2024. Please send any questions or comments about these Sherwin-Williams pros and cons to contact@marketbeat.com.

SHW Stock Analysis - Frequently Asked Questions

How have SHW shares performed this year?

Sherwin-Williams' stock was trading at $311.90 at the beginning of the year. Since then, SHW shares have increased by 14.8% and is now trading at $357.97.
View the best growth stocks for 2024 here
.

How were Sherwin-Williams' earnings last quarter?

The Sherwin-Williams Company (NYSE:SHW) announced its quarterly earnings data on Tuesday, July, 23rd. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.51 by $0.19. Sherwin-Williams's revenue for the quarter was up .5% compared to the same quarter last year.
Read the conference call transcript
.

When did Sherwin-Williams' stock split?

Shares of Sherwin-Williams split before market open on Thursday, April 1st 2021. The 3-1 split was announced on Wednesday, February 3rd 2021. The newly issued shares were payable to shareholders after the closing bell on Wednesday, March 31st 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is John Morikis' approval rating as Sherwin-Williams' CEO?

1,095 employees have rated Sherwin-Williams Chief Executive Officer John Morikis on Glassdoor.com. John Morikis has an approval rating of 76% among the company's employees.

Does Sherwin-Williams have any subsidiaries?

Sherwin-Williams subsidiaries include these companies: Specialized Industrial Coatings Holding, ICA Group, Gross & Perthun, The Valspar Corporation, Geocel Holdings, Leighs Paints, M.A. Bruder & Sons, and others.

Who are Sherwin-Williams' major shareholders?

Sherwin-Williams' top institutional investors include Fiera Capital Corp (0.92%), Massachusetts Financial Services Co. MA (0.88%), Legal & General Group Plc (0.76%) and PineStone Asset Management Inc. (0.63%). Insiders that own company stock include John G Morikis, Mary L Garceau, Heidi G Petz, Justin T Binns, Karl J Jorgenrud, Todd D Rea, Bryan J Young, Gregory P Sofish, Peter J Ippolito, Allen J Mistysyn and Joseph F Sladek.
View institutional ownership trends
.

How do I buy shares of Sherwin-Williams?

Shares of SHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sherwin-Williams own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sherwin-Williams investors own include Johnson & Johnson (JNJ), Home Depot (HD), AbbVie (ABBV), Visa (V), Walmart (WMT), McDonald's (MCD) and NVIDIA (NVDA).

This page (NYSE:SHW) was last updated on 8/22/2024 by MarketBeat.com Staff

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