On Friday, Sherwin-Williams Co. (NYSE: SHW) opened lower -0.19% from the last session, before settling in for the closing price of $389.08. Price fluctuations for SHW have ranged from $232.06 to $392.57 over the past 52 weeks.
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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. Company’s average yearly earnings per share was noted 11.23% at the time writing. With a float of $231.65 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. In terms of profitability, gross margin is 48.07%, operating margin of 16.58%, and the pretax margin is 14.33%.
Sherwin-Williams Co. (SHW) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Sherwin-Williams Co. is 8.17%, while institutional ownership is 80.39%. The most recent insider transaction that took place on Aug 30 ’24, was worth 5,326,372. In this transaction SVP – Finance & CFO of this company sold 14,520 shares at a rate of $366.83, taking the stock ownership to the 63,520 shares. Before that another transaction happened on Aug 30 ’24, when Company’s Executive Chairman sold 115,969 for $364.54, making the entire transaction worth $42,275,050. This insider now owns 366,546 shares in total.
Sherwin-Williams Co. (SHW) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 3.2 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.77) by 0.43. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% 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
Check out the current performance indicators for Sherwin-Williams Co. (SHW). In the past quarter, the stock posted a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.26. Likewise, its price to free cash flow for the trailing twelve months is 41.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.81, a number that is poised to hit 3.55 in the next quarter and is forecasted to reach 12.91 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 1.0 million. That was inferior than the volume of 1.53 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 86.28%. Additionally, its Average True Range was 5.51.
During the past 100 days, Sherwin-Williams Co.’s (SHW) raw stochastic average was set at 96.19%, which indicates a significant increase from 85.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.57% in the past 14 days, which was lower than the 21.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $370.10, while its 200-day Moving Average is $329.88. However, in the short run, Sherwin-Williams Co.’s stock first resistance to watch stands at $390.49. Second resistance stands at $392.61. The third major resistance level sits at $394.23. If the price goes on to break the first support level at $386.75, it is likely to go to the next support level at $385.13. The third support level lies at $383.01 if the price breaches the second support level.
Sherwin-Williams Co. (NYSE: SHW) Key Stats
There are currently 253,549K shares outstanding in the company with a market cap of 97.97 billion. Presently, the company’s annual sales total 23,052 M according to its annual income of 2,389 M. Last quarter, the company’s sales amounted to 6,272 M and its income totaled 889,900 K.
