A new trading day began on Monday, with Sherwin-Williams Co (NYSE: SHW) stock price up 4.59% from the previous day of trading, before settling in for the closing price of $357.97. SHW’s price has ranged from $240.00 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. Meanwhile, its annual earnings per share averaged 9.65%. With a float of $231.41 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 48.46%, operating margin of 16.43%, and the pretax margin is 14.36%.
Sherwin-Williams Co (SHW) Insider Updates
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 8.12%, while institutional ownership is 80.06%. 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) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.81 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). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.28% 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
Here are Sherwin-Williams Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.08. Likewise, its price to free cash flow for the trailing twelve months is 45.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.04, a number that is poised to hit 2.07 in the next quarter and is forecasted to reach 12.80 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 2.0 million. That was better than the volume of 1.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.93%. Additionally, its Average True Range was 7.80.
During the past 100 days, Sherwin-Williams Co’s (SHW) raw stochastic average was set at 81.88%, which indicates a significant increase from 48.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.53% in the past 14 days, which was higher than the 23.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $372.45, while its 200-day Moving Average is $333.41. However, in the short run, Sherwin-Williams Co’s stock first resistance to watch stands at $382.34. Second resistance stands at $390.29. The third major resistance level sits at $396.87. If the price goes on to break the first support level at $367.81, it is likely to go to the next support level at $361.23. Assuming the price breaks the second support level, the third support level stands at $353.28.
Sherwin-Williams Co (NYSE: SHW) Key Stats
With a market capitalization of 94.08 billion, the company has a total of 251,853K Shares Outstanding. Currently, annual sales are 23,052 M while annual income is 2,389 M. The company’s previous quarter sales were 6,163 M while its latest quarter income was 806,200 K.
