Sherwin-Williams (NYSE:SHW) Updates FY 2025 Earnings Guidance

Sherwin-Williams (NYSE:SHW - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 11.650-12.050 for the period, compared to the consensus earnings per share estimate of 12.570. The company issued revenue guidance of -.

Sherwin-Williams Trading Up 1.1 %

SHW traded up $3.93 on Thursday, hitting $364.34. The company had a trading volume of 2,534,555 shares, compared to its average volume of 1,618,694. Sherwin-Williams has a 12-month low of $282.09 and a 12-month high of $400.42. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.97. The business's fifty day simple moving average is $360.59 and its 200 day simple moving average is $363.04. The company has a market cap of $91.76 billion, a PE ratio of 36.39, a PEG ratio of 2.78 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. During the same quarter in the prior year, the company posted $1.81 EPS. Equities research analysts expect that Sherwin-Williams will post 11.32 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SHW. Morgan Stanley cut their price target on shares of Sherwin-Williams from $450.00 to $405.00 and set an "overweight" rating on the stock in a report on Tuesday. Wells Fargo & Company upped their target price on Sherwin-Williams from $350.00 to $400.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 15th. UBS Group restated an "underperform" rating on shares of Sherwin-Williams in a report on Friday, October 18th. Barclays increased their target price on Sherwin-Williams from $355.00 to $370.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 23rd. Finally, KeyCorp reissued a "sector weight" rating on shares of Sherwin-Williams in a research note on Monday, October 7th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Sherwin-Williams has a consensus rating of "Moderate Buy" and a consensus price target of $400.65.

Insiders Place Their Bets

In other news, SVP Gregory P. Sofish sold 2,565 shares of the company's stock in a transaction on Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the transaction, the senior vice president now directly owns 6,329 shares of the company's stock, valued at approximately $2,396,349.27. This represents a 28.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Mary L. Garceau sold 15,770 shares of the stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $397.92, for a total value of $6,275,198.40. Following the sale, the senior vice president now owns 29,205 shares of the company's stock, valued at approximately $11,621,253.60. This represents a 35.06 % decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by corporate insiders.

Sherwin-Williams Company Profile

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.