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NYSE:SHW

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

$349.22
+6.48 (+1.89%)
(As of 07/26/2024 ET)
Today's Range
$343.00
$351.99
50-Day Range
$291.95
$349.22
52-Week Range
$232.06
$351.99
Volume
1.92 million shs
Average Volume
1.62 million shs
Market Capitalization
$88.09 billion
P/E Ratio
37.23
Dividend Yield
0.82%
Price Target
$355.00

Sherwin-Williams MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
1.7% Upside
$355.00 Price Target
Short Interest
Healthy
1.57% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.14
Upright™ Environmental Score
News Sentiment
0.69mentions of Sherwin-Williams in the last 14 days
Based on 57 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.95%
From $11.38 to $12.74 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.

4.31 out of 5 stars

Construction Sector

17th out of 101 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

Financial markets news icon
UPS, Comcast fall; GE Aerospace, Sherwin-Williams rise; Tuesday, 7/23/2024
Stocks that traded heavily or had substantial price changes on Tuesday: UPS, Comcast fall; GE Aerospace, Sherwin-Williams rise
Fed Rate Cuts Head sign in middle of street cityscape
3 Stocks Ready to Pop When the Fed Cuts Interest Rates (SHW)
The FOMC is on track to cut rates at least once this year, invigorating small, mid-caps, and businesses with exposure to consumer credit.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Sherwin-Williams (NYSE:SHW) PT Raised to $365.00 at Evercore ISI
Sherwin-Williams (NYSE:SHW) Price Target Raised to $355.00 at Barclays
Sherwin-Williams (NYSE:SHW) PT Raised to $375.00
Sherwin-Williams (NYSE:SHW) Shares Gap Up After Earnings Beat
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Sherwin-Williams (NYSE:SHW) Price Target Raised to $410.00 at KeyCorp
Seaport Global Keeps Their Hold Rating on Sherwin-Williams Company (SHW)
Sherwin-Williams (NYSE:SHW) Releases Quarterly Earnings Results
See More Headlines
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Company Calendar

Ex-Dividend for 6/7 Dividend
5/16/2024
Dividend Payable
6/07/2024
Last Earnings
7/23/2024
Today
7/26/2024
Ex-Dividend for 9/6 Dividend
8/16/2024
Dividend Payable
9/06/2024
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
$355.00
High Stock Price Target
$418.00
Low Stock Price Target
$249.00
Potential Upside/Downside
+1.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
21 Analysts

Profitability

Net Income
$2.39 billion
Pretax Margin
14.33%

Debt

Sales & Book Value

Annual Sales
$23.05 billion
Cash Flow
$13.81 per share
Book Value
$14.87 per share

Miscellaneous

Free Float
252,028,000
Market Cap
$88.09 billion
Optionable
Optionable
Beta
1.16

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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 a strong track record of consistently paying dividends, providing investors with a reliable income stream. The current dividend yield of 0.95% is attractive for income-oriented investors.
  • Despite recent fluctuations, Sherwin-Williams has shown resilience in its stock price, indicating stability and potential for long-term growth.
  • Analysts have given Sherwin-Williams a consensus rating of "Moderate Buy" with an average target price of $343.41, suggesting potential upside for investors.
  • The company's return on equity of 73.74% reflects efficient use of shareholder equity to generate profits, a positive indicator for investors.
  • Sherwin-Williams' diverse customer base across professional, industrial, commercial, and retail sectors provides a broad revenue stream, reducing dependency on any single market segment.

Cons

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

  • The stock's current price of $321.85 may be considered high by some investors, potentially limiting immediate capital appreciation opportunities.
  • Recent earnings results showed a slight miss on analyst estimates, indicating potential challenges in meeting market expectations in the short term.
  • With a debt-to-equity ratio of 2.32, Sherwin-Williams carries a relatively high level of debt, which could pose risks in times of economic uncertainty or rising interest rates.
  • The company's revenue was down 1.4% compared to the same quarter last year, signaling a potential slowdown in growth that could impact future stock performance.
  • While the consensus rating is positive, the presence of one sell rating among analysts suggests differing opinions on the company's outlook, highlighting potential uncertainties in the investment thesis.
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 Monday, July 22, 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 start of the year. Since then, SHW stock has increased by 12.0% and is now trading at $349.22.
View the best growth stocks for 2024 here
.

How were Sherwin-Williams' earnings last quarter?

The Sherwin-Williams Company (NYSE:SHW) released its quarterly earnings data on Tuesday, July, 23rd. The specialty chemicals company reported $3.70 EPS for the quarter, topping analysts' consensus estimates of $3.51 by $0.19. Sherwin-Williams's revenue for the quarter was up .5% on a year-over-year basis.
Read the conference call transcript
.

When did Sherwin-Williams' stock split?

Sherwin-Williams shares split before market open on 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 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.

What is John Morikis' approval rating as Sherwin-Williams' CEO?

1,095 employees have rated Sherwin-Williams Chief Executive Officer John Morikis on Glassdoor.com. John Morikis has an approval rating of 76% among the company's employees.

Does Sherwin-Williams have any subsidiaries?

The following companies are subsidiaries of Sherwin-Williams: 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 PineStone Asset Management Inc. (0.63%), Bank of New York Mellon Corp (0.63%), Assenagon Asset Management S.A. (0.41%) and Sumitomo Mitsui Trust Holdings Inc. (0.21%). Insiders that own company stock include John G Morikis, Mary L Garceau, Jane M Cronin, Heidi G Petz, Justin T Binns, Karl J Jorgenrud, Todd D Rea, Brian E Padden, Bryan J Young, Gregory P Sofish, Peter J Ippolito, Allen J Mistysyn, Thomas P Gilligan and Joseph F Sladek.
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 7/26/2024 by MarketBeat.com Staff

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