Sherwin-Williams Co. (SHW)’s latest quarter sales figures and margins explained

At the time of writing, Sherwin-Williams Co. [SHW] stock is trading at $309.38, down -0.25%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SHW shares have lost -3.29% over the last week, with a monthly amount drifted -8.08%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Sherwin-Williams Co. [NYSE: SHW] stock has seen the most recent analyst activity on March 07, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $402 from $312. On February 27, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $360 on the stock. Seaport Research Partners downgraded its rating to a Neutral. Robert W. Baird downgraded its rating to a Neutral and raised its price target to $300 on January 03, 2024. Northcoast downgraded its rating to Neutral for this stock on January 02, 2024, but kept the price target unchanged to $315. In a note dated October 18, 2023, BofA Securities downgraded an Underperform rating on this stock and revised its target price from $300 to $275.

For the past year, the stock price of Sherwin-Williams Co. fluctuated between $221.76 and $348.37. Currently, Wall Street analysts expect the stock to reach $307.63 within the next 12 months. Sherwin-Williams Co. [NYSE: SHW] shares were valued at $309.38 at the most recent close of the market. An investor can expect a potential drop of -0.57% based on the average SHW price forecast.

Analyzing the SHW fundamentals

According to Sherwin-Williams Co. [NYSE:SHW], the company’s sales were 23.05B for trailing twelve months, which represents an 0.41% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.67 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.77.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 306.95 points at the first support level, and at 304.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 312.53, and for the 2nd resistance point, it is at 315.67.

Ratios To Look Out For

It is important to note that Sherwin-Williams Co. [NYSE:SHW] has a current ratio of 0.83. In addition, the Quick Ratio stands at 0.48 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 3.41, the price to book ratio is 21.19 and price to earnings (TTM) ratio is 33.49.

Transactions by insiders

Recent insider trading involved Binns Justin T, President, Glob. Architectural, that happened on Mar 13 ’24 when 1563.0 shares were sold. SVP – CLO and Secretary, GARCEAU MARY L completed a deal on Feb 26 ’24 to sell 23518.0 shares. Meanwhile, President, Glob. Industrial Jorgenrud Karl J sold 2690.0 shares on Feb 26 ’24.

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