0.97% percent quarterly performance for Sherwin-Williams Co. (SHW) is not indicative of the underlying story

A new trading day began on November 20, 2023, with Sherwin-Williams Co. (NYSE: SHW) stock priced at $270.28, up 1.02% from the previous day of trading. During the day, the shares moved up to $274.42 and dropped to $269.28 before settling in for the closing price of $270.28. SHW’s price has ranged from $205.43 to $283.80 over the past 52 weeks.

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Basic Materials Sector giant saw their annual sales surged by 8.27% over the last five years. Meanwhile, its annual earnings per share averaged 17.76%. With a float of $235.55 million, this company’s outstanding shares have now reached $258.90 million.

The firm has a total of 61000 workers. Let’s measure their productivity. In terms of profitability, gross margin is +42.05, operating margin of +13.76, and the pretax margin is +11.62.

Sherwin-Williams Co. (SHW) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Chemicals Industry. The insider ownership of Sherwin-Williams Co. is 7.98%, while institutional ownership is 78.56%. The most recent insider transaction that took place on Oct 25, was worth 504,890. In this transaction Chairman & CEO of this company bought 2,125 shares at a rate of $237.60, taking the stock ownership to the 317,270 shares. Before that another transaction happened on Feb 23, when Company’s SVP – Corp Strategy & Devel. sold 2,750 for $220.76, making the entire transaction worth $607,090. This insider now owns 7,955 shares in total.

Sherwin-Williams Co. (SHW) Earnings and Forecasts

In its latest quarterly report, released on 9/29/2023, the company reported earnings of $3.2 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +9.12 while generating a return on equity of 72.94. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 17.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.68% during the next five years compared to 4.43% growth over the previous five years of trading.

Sherwin-Williams Co. (NYSE: SHW) Trading Performance Indicators

Here are Sherwin-Williams Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.03. Likewise, its price to free cash flow for the trailing twelve months is 24.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.37, a number that is poised to hit 1.78 in the next quarter and is forecasted to reach 11.16 in one year’s time.

Technical Analysis of Sherwin-Williams Co. (SHW)

Analysing the last 5-days average volume posted by the [Sherwin-Williams Co., SHW], we can find that recorded value of 1.46 million was lower than the volume posted last year of 1.47 million. As of the previous 9 days, the stock’s Stochastic %D was 95.35%. Additionally, its Average True Range was 5.55.

During the past 100 days, Sherwin-Williams Co.’s (SHW) raw stochastic average was set at 79.20%, which indicates a significant decrease from 96.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.77% in the past 14 days, which was higher than the 21.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $252.71, while its 200-day Moving Average is $245.70. Now, the first resistance to watch is $275.21. This is followed by the second major resistance level at $277.39. The third major resistance level sits at $280.35. If the price goes on to break the first support level at $270.07, it is likely to go to the next support level at $267.11. Should the price break the second support level, the third support level stands at $264.93.

Sherwin-Williams Co. (NYSE: SHW) Key Stats

With a market capitalization of 69.89 billion, the company has a total of 255,966K Shares Outstanding. Currently, annual sales are 22,149 M while annual income is 2,020 M. The company’s previous quarter sales were 6,117 M while its latest quarter income was 761,500 K.


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