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As of close of business last night, Sherwin-Williams Co.’s stock clocked out at $302.36, down -2.23% from its previous closing price of $309.26. In other words, the price has decreased by -$2.23 from its previous closing price. On the day, 4.19 million shares were traded. SHW stock price reached its highest trading level at $304.61 during the session, while it also had its lowest trading level at $294.55.
Ratios:
To gain a deeper understanding of SHW’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 277.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 3.19 whereas as Long-Term Debt/Eq ratio is at 2.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on March 07, 2024, Upgraded its rating to Buy and sets its target price to $402 from $312 previously.
Northcoast Upgraded its Neutral to Buy on February 27, 2024, while the target price for the stock was maintained at $360.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 13 ’24 when Binns Justin T sold 1,563 shares for $338.87 per share. The transaction valued at 529,654 led to the insider holds 14,564 shares of the business.
GARCEAU MARY L sold 23,518 shares of SHW for $7,588,433 on Feb 26 ’24. The SVP – CLO and Secretary now owns 28,475 shares after completing the transaction at $322.66 per share. On Feb 26 ’24, another insider, Jorgenrud Karl J, who serves as the President, Glob. Industrial of the company, sold 2,690 shares for $322.50 each. As a result, the insider received 867,525 and left with 12,941 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHW now has a Market Capitalization of 76828762112 and an Enterprise Value of 89787318272. As of this moment, Sherwin-Williams’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.73, and their Forward P/E ratio for the next fiscal year is 23.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.33 while its Price-to-Book (P/B) ratio in mrq is 20.71. Its current Enterprise Value per Revenue stands at 3.895 whereas that against EBITDA is 21.126.
Stock Price History:
Over the past 52 weeks, SHW has reached a high of $348.37, while it has fallen to a 52-week low of $221.76. The 50-Day Moving Average of the stock is -7.77%, while the 200-Day Moving Average is calculated to be 4.96%.
Shares Statistics:
It appears that SHW traded 1.37M shares on average per day over the past three months and 1739640 shares per day over the past ten days. A total of 254.50M shares are outstanding, with a floating share count of 233.64M. Insiders hold about 8.05% of the company’s shares, while institutions hold 79.72% stake in the company. Shares short for SHW as of 1711584000 were 2557667 with a Short Ratio of 1.86, compared to 1709164800 on 2583019. Therefore, it implies a Short% of Shares Outstanding of 2557667 and a Short% of Float of 1.01.
Dividends & Splits
With its trailing 12-month dividend rate of 2.42, SHW has a forward annual dividend rate of 2.53. Against a Trailing Annual Dividend Yield of 0.007825131The stock’s 5-year Average Dividend Yield is 0.85.
