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NYSE:SHW

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

$379.00
+3.60 (+0.96%)
(As of 03:15 PM ET)
Today's Range
$375.91
$379.82
50-Day Range
$298.94
$375.40
52-Week Range
$232.06
$379.82
Volume
506,896 shs
Average Volume
1.59 million shs
Market Capitalization
$95.61 billion
P/E Ratio
40.41
Dividend Yield
0.75%
Price Target
$362.68

Sherwin-Williams MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.68 Rating Score
Upside/​Downside
4.3% Downside
$362.68 Price Target
Short Interest
Healthy
1.34% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.14
Upright™ Environmental Score
News Sentiment
1.09mentions of Sherwin-Williams in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$5.33 M Sold Last Quarter
Proj. Earnings Growth
11.16%
From $11.47 to $12.75 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.

4.36 out of 5 stars

Construction Sector

17th out of 97 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

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Dividend Aristocrats or Dividend Kings: Which Is Best for You? (SHW)
This article discusses the difference between dividend aristocrats and kings and helps investors decide which option is better for their portfolios.
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Hold Rating on Sherwin-Williams Amid Market Challenges and High Valuation
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SHW Factor-Based Stock Analysis
Bullish on Sherwin Williams Co.
See More Headlines
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Company Calendar

Last Earnings
7/23/2024
Ex-Dividend for 9/6 Dividend
8/16/2024
Dividend Payable
9/06/2024
Today
9/16/2024
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
$362.68
High Stock Price Target
$418.00
Low Stock Price Target
$249.00
Potential Upside/Downside
-4.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.68
Research Coverage
22 Analysts

Profitability

Net Income
$2.39 billion
Pretax Margin
14.33%

Debt

Sales & Book Value

Annual Sales
$23.05 billion
Cash Flow
$13.28 per share
Book Value
$14.52 per share

Miscellaneous

Free Float
252,028,000
Market Cap
$95.37 billion
Optionable
Optionable
Beta
1.17

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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 Sherwin-Williams Company has consistently received positive ratings from analysts, with a majority of them issuing buy or outperform ratings, indicating confidence in the company's performance and potential growth.
  • Recent price target increases by various financial institutions, such as Evercore ISI, KeyCorp, and BMO Capital Markets, suggest a positive outlook on the company's stock performance and future prospects.
  • The company's strong financial performance, including a healthy return on equity of 75.58% and a net margin of 10.92%, indicates efficient management and profitability, which can be attractive to investors seeking stable returns.
  • The current dividend yield of 0.80% and a dividend payout ratio of 30.49% offer investors a source of passive income, making The Sherwin-Williams Company an appealing option for income-oriented investors.
  • With a market capitalization of $90.96 billion and a solid position in the industry, The Sherwin-Williams Company demonstrates stability and resilience, providing investors with a sense of security in their investment.

Cons

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

  • Despite the positive outlook, the stock price of The Sherwin-Williams Company has reached a 52-week high, which may lead to potential overvaluation concerns among investors, impacting short-term price performance.
  • The company's debt-to-equity ratio of 2.17 raises concerns about its leverage and financial risk, as higher debt levels can increase vulnerability to economic downturns and interest rate fluctuations, potentially affecting shareholder returns.
  • While the company has shown growth in revenue, the recent modest increase of 0.5% compared to the same quarter last year may indicate a slower growth trajectory, which could dampen investor expectations for significant revenue expansion in the near term.
  • With a PE ratio of 38.24 and a price-to-earnings-growth ratio of 2.79, The Sherwin-Williams Company's stock valuation may be considered relatively high, potentially limiting upside potential for investors looking for undervalued opportunities.
  • Investors should be cautious about potential market volatility and economic uncertainties that could impact the demand for paints, coatings, and related products, affecting The Sherwin-Williams Company's sales and profitability in the future.
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, September 4, 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 21.5% and is now trading at $378.98.
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 for the quarter, beating analysts' consensus estimates of $3.51 by $0.19. The firm's revenue was up .5% compared to the same quarter last year.
Read the conference call transcript
.

When did Sherwin-Williams' stock split?

Sherwin-Williams shares split 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.

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 shareholders include Clearbridge Investments LLC (1.07%), Fiera Capital Corp (0.92%), Massachusetts Financial Services Co. MA (0.88%) and Legal & General Group Plc (0.76%). Insiders that own company stock include John G Morikis, Allen J Mistysyn, Mary L Garceau, Heidi G Petz, Justin T Binns, Karl J Jorgenrud, Todd D Rea, Bryan J Young and Gregory P Sofish.
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 9/16/2024 by MarketBeat.com Staff

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