Sherwin-Williams Co. (NYSE: SHW) kicked off on Monday, up 1.08% from the previous trading day, before settling in for the closing price of $305.96. Over the past 52 weeks, SHW has traded in a range of $221.76-$348.37.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 5.68%. While this was happening, its average annual earnings per share was recorded 10.71%. With a float of $233.64 million, this company’s outstanding shares have now reached $254.50 million.
Considering the fact that the conglomerate employs 64088 people, you should pay attention to its efficiency factor.
Sherwin-Williams Co. (SHW) Breakdown of a Key Holders of the stock
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 79.72%. 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) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 12/31/2023, the organization reported 2.04 earnings per share (EPS), higher than consensus estimate (set at 1.78) by 0.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.71% 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 3.41. Likewise, its price to free cash flow for the trailing twelve months is 29.84.
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 12.83 in one year’s time.
Technical Analysis of Sherwin-Williams Co. (SHW)
Compared to the last year’s volume of 1.41 million, its volume of 1.46 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 9.36%. Additionally, its Average True Range was 6.03.
During the past 100 days, Sherwin-Williams Co.’s (SHW) raw stochastic average was set at 48.56%, which indicates a significant increase from 12.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.21% in the past 14 days, which was higher than the 18.68% 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 $288.06. Nevertheless, the first resistance level for the watch stands at $312.53 in the near term. At $315.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $319.60. If the price goes on to break the first support level at $305.45, it is likely to go to the next support level at $301.65. Now, if the price goes above the second support level, the third support stands at $298.38.
Sherwin-Williams Co. (NYSE: SHW) Key Stats
The company with the Market Capitalisation of 78.58 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.
