Sherwin-Williams Co [SHW] stock prices are up 1.64% to $341.64 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SHW shares have gain 1.13% over the last week, with a monthly amount drifted -8.15%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sherwin-Williams Co [NYSE: SHW] stock has seen the most recent analyst activity on October 07, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, Evercore ISI reaffirmed its Outperform rating on July 24, 2024, and elevated its price target to $365. On April 25, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $400 on the stock. UBS upgraded its rating to a Buy and increased its price target to $402 on March 07, 2024. Wolfe Research initiated its recommendation with a Peer Perform. Northcoast upgraded its rating to Buy for this stock on February 27, 2024, but kept the price target unchanged to $360. In a note dated January 08, 2024, Seaport Research Partners downgraded an Neutral rating on this stock.
The stock price of Sherwin-Williams Co [SHW] has been fluctuating between $282.09 and $400.42 over the past year. Currently, Wall Street analysts expect the stock to reach $390.6 within the next 12 months. Sherwin-Williams Co [NYSE: SHW] shares were valued at $341.64 at the most recent close of the market. An investor can expect a potential return of 14.33% based on the average SHW price forecast.
Analyzing the SHW fundamentals
The Sherwin-Williams Co [NYSE:SHW] reported sales of 23.05B for trailing twelve months, representing a surge of 0.75%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.68 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.91.
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 337.69 points at the first support level, and at 333.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 344.30, and for the 2nd resistance point, it is at 346.96.
Ratios To Look Out For
It’s worth pointing out that Sherwin-Williams Co [NYSE:SHW]’s Current Ratio is 0.83. Further, the Quick Ratio stands at 0.51, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 3.73, the price to book ratio is 20.71 and price to earnings (TTM) ratio is 34.04.
Transactions by insiders
Recent insider trading involved GARCEAU MARY L, SVP – CLO and Secretary, that happened on Nov 26 ’24 when 15770.0 shares were sold. SVP – Enterprise Finance, CRONIN JANE M. completed a deal on Nov 25 ’24 to sell 5161.0 shares. Meanwhile, Officer GARCEAU MARY L bought 15770.0 shares on Nov 26 ’24.
