Market Insights: Sherwin-Williams Co. (SHW)’s Notable Gain of 0.39, Closing at 301.35

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As of close of business last night, Sherwin-Williams Co.’s stock clocked out at $301.35, up 0.39% from its previous closing price of $300.19. In other words, the price has increased by $0.39 from its previous closing price. On the day, 1.61 million shares were traded. SHW stock price reached its highest trading level at $303.78 during the session, while it also had its lowest trading level at $298.05.

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 424.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 3.62 whereas as Long-Term Debt/Eq ratio is at 2.75.

On March 07, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $312 to $402.

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 76406988800 and an Enterprise Value of 88594972672. As of this moment, Sherwin-Williams’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.15, and their Forward P/E ratio for the next fiscal year is 23.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.83. 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 21.80. Its current Enterprise Value per Revenue stands at 3.856 whereas that against EBITDA is 20.788.

Stock Price History:

The Beta on a monthly basis for SHW is 1.16, which has changed by 0.21984291 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, SHW has reached a high of $348.37, while it has fallen to a 52-week low of $232.06. The 50-Day Moving Average of the stock is -2.16%, while the 200-Day Moving Average is calculated to be 2.09%.

Shares Statistics:

It appears that SHW traded 1.61M shares on average per day over the past three months and 1744540 shares per day over the past ten days. A total of 254.50M shares are outstanding, with a floating share count of 232.95M. Insiders hold about 8.12% of the company’s shares, while institutions hold 79.01% stake in the company. Shares short for SHW as of 1715731200 were 3263570 with a Short Ratio of 2.64, compared to 1713139200 on 2857297. Therefore, it implies a Short% of Shares Outstanding of 3263570 and a Short% of Float of 1.2899999500000001.

Dividends & Splits

With its trailing 12-month dividend rate of 2.53, SHW has a forward annual dividend rate of 2.64. Against a Trailing Annual Dividend Yield of 0.008427995The stock’s 5-year Average Dividend Yield is 0.85. The current Payout Ratio is 26.17% for SHW, which recently paid a dividend on 2024-02-23 with an ex-dividend date of 1715817600. Stock splits for the company last occurred on 2021-04-01 when the company split stock in a 3:1 ratio.

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