Sherwin-Williams Co. (NYSE: SHW) kicked off on Tuesday, down -1.78% from the previous trading day, before settling in for the closing price of $313.97. Over the past 52 weeks, SHW has traded in a range of $221.76-$348.37.
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A company in the Basic Materials sector has jumped its sales by 5.68% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 10.66%. With a float of $233.64 million, this company’s outstanding shares have now reached $254.50 million.
In an organization with 64088 employees, it is important to assess its efficiency.
Sherwin-Williams Co. (SHW) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Sherwin-Williams Co. is 8.05%, while institutional ownership is 79.97%. The most recent insider transaction that took place on Mar 13 ’24, was worth 529,654. In this transaction President, Glob. Architectural of this company sold 1,563 shares at a rate of $338.87, taking the stock ownership to the 14,564 shares. Before that another transaction happened on Feb 26 ’24, when Company’s SVP – CLO and Secretary sold 23,518 for $322.66, making the entire transaction worth $7,588,433. This insider now owns 28,475 shares in total.
Sherwin-Williams Co. (SHW) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 10.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.38% during the next five years compared to 18.91% growth over the previous five years of trading.
Sherwin-Williams Co. (NYSE: SHW) Trading Performance Indicators
Take a look at Sherwin-Williams Co.’s (SHW) current performance indicators. Last quarter, stock had a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.40. Likewise, its price to free cash flow for the trailing twelve months is 29.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.24, a number that is poised to hit 2.22 in the next quarter and is forecasted to reach 12.82 in one year’s time.
Technical Analysis of Sherwin-Williams Co. (SHW)
Let’s dig in a bit further. During the last 5-days, its volume was 1.47 million. That was better than the volume of 1.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.43%. Additionally, its Average True Range was 6.18.
During the past 100 days, Sherwin-Williams Co.’s (SHW) raw stochastic average was set at 48.34%, which indicates a significant increase from 3.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.91% in the past 14 days, which was higher than the 18.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $327.83, while its 200-day Moving Average is $287.12. However, in the short run, Sherwin-Williams Co.’s stock first resistance to watch stands at $311.22. Second resistance stands at $314.05. The third major resistance level sits at $316.20. If the price goes on to break the first support level at $306.24, it is likely to go to the next support level at $304.09. Assuming the price breaks the second support level, the third support level stands at $301.26.
Sherwin-Williams Co. (NYSE: SHW) Key Stats
The company with the Market Capitalisation of 78.36 billion has total of 254,465K Shares Outstanding. Its annual sales at the moment are 23,052 M in contrast with the sum of 2,389 M annual income. Company’s last quarter sales were recorded 5,252 M and last quarter income was 356,200 K.
