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

Company Overview

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.

Key Stats

• Today's Range: $339.30 to $349.35
• 50-Day Range: $342.38 to $399.25
• 52-Week Range: $282.09 to $400.42
• Volume: 3.29 million shs
• Average Volume: 1.65 million shs
• Market Capitalization: $87.01 billion
• P/E Ratio: 34.41
• Dividend Yield: 0.83%
• Price Target: $397.63
• Consensus Rating: Moderate Buy

Sherwin-Williams Stock Analysis - MarketRank™

Sherwin-Williams scored higher than 97% of companies evaluated by MarketBeat, and ranked 10th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Sherwin-Williams has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 11 buy ratings, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Sherwin-Williams has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.37%

Earnings Growth

Earnings for Sherwin-Williams are expected to grow by 12.37% in the coming year, from $11.32 to $12.72 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sherwin-Williams is 34.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sherwin-Williams is 34.41, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.26.

Price to Earnings Growth Ratio

Sherwin-Williams has a PEG Ratio of 2.94. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Sherwin-Williams has a P/B Ratio of 23.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.43% of the float of Sherwin-Williams has been sold short.

Short Interest Ratio / Days to Cover

Sherwin-Williams has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sherwin-Williams has recently decreased by 12.48%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Sherwin-Williams has a dividend yield of 0.79%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Sherwin-Williams has been increasing its dividend for 47 years.

Dividend Coverage

The dividend payout ratio of Sherwin-Williams is 28.49%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Sherwin-Williams will have a dividend payout ratio of 22.48% next year. This indicates that Sherwin-Williams will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.6 / 5
• Environmental Score: -4.14

Percentage of Shares Shorted

2.43% of the float of Sherwin-Williams has been sold short.

Short Interest Ratio / Days to Cover

Sherwin-Williams has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sherwin-Williams has recently decreased by 12.48%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Sherwin-Williams has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Sherwin-Williams this week, compared to 14 articles on an average week.

Search Interest

12 people have searched for SHW on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.

MarketBeat Follows

Only 18 people have added Sherwin-Williams to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sherwin-Williams insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,246,384.00 in company stock.

Percentage Held by Insiders

Only 0.60% of the stock of Sherwin-Williams is held by insiders.

Percentage Held by Institutions

77.67% of the stock of Sherwin-Williams is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SHW Stock Analysis - Frequently Asked Questions

How have SHW shares performed this year?

Sherwin-Williams' stock was trading at $311.90 at the start of the year. Since then, SHW shares have increased by 10.8% and is now trading at $345.47.
View the best growth stocks for 2024 here.

How were Sherwin-Williams' earnings last quarter?

The Sherwin-Williams Company (NYSE:SHW) released its earnings results on Tuesday, October, 22nd. The specialty chemicals company reported $3.37 EPS for the quarter, missing analysts' consensus estimates of $3.56 by $0.19. The company's revenue for the quarter was up .7% on a year-over-year basis.
Read the conference call transcript.

When did Sherwin-Williams' stock split?

Sherwin-Williams shares split on the morning of Thursday, April 1st 2021. The 3-1 split was announced on Wednesday, February 3rd 2021. The newly issued shares were issued to shareholders after the market closes 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 more.

Who are Sherwin-Williams' major shareholders?

Top institutional investors of Sherwin-Williams include State Street Corp (3.93%), FMR LLC (2.57%), Geode Capital Management LLC (1.88%) and Parnassus Investments LLC (0.97%). 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 NVIDIA (NVDA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Tesla (TSLA), Broadcom (AVGO) and Netflix (NFLX).

Company Calendar

• Last Earnings: 10/22/2024
• Ex-Dividend for 12/6 Dividend: 11/15/2024
• Dividend Payable: 12/06/2024
• Today: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Building materials, hardware, garden supply & mobile home dealers
• Sub-Industry: Specialty Chemicals
• Current Symbol: NYSE:SHW
• CUSIP: 82434810
• CIK: 89800
• Web: www.sherwin-williams.com
• Phone: (216) 566-2000
• Fax: 216-566-3310
• Employees: 64,088
• Year Founded: 1866

Price Target and Rating

• Average Stock Price Target: $397.63
• High Stock Price Target: $450.00
• Low Stock Price Target: $334.00
• Potential Upside/Downside: +15.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 19 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $10.04
• Trailing P/E Ratio: 34.41
• Forward P/E Ratio: 30.52
• P/E Growth: 2.94
• Net Income: $2.39 billion
• Net Margins: 11.09%
• Pretax Margin: 14.36%
• Return on Equity: 74.45%
• Return on Assets: 11.97%

Debt

• Debt-to-Equity Ratio: 1.97
• Current Ratio: 0.83
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: $23.05 billion
• Price / Sales: 3.77
• Cash Flow: $12.44 per share
• Price / Cash Flow: 27.76
• Book Value: $14.52 per share
• Price / Book: 23.79

Miscellaneous

• Outstanding Shares: 251,853,000
• Free Float: 250,342,000
• Market Cap: $87.01 billion
• Optionable: Optionable
• Beta: 1.19