In the latest session, Sherwin-Williams Co. (NYSE: SHW) closed at $329.86 down -1.33% from its previous closing price of $334.29. In other words, the price has decreased by -$4.43 from its previous closing price. On the day, 1316693 shares were traded.
Ratios:
For a deeper understanding of Sherwin-Williams Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 302.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.83. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 83.82B and an Enterprise Value of 95.35B. As of this moment, Sherwin-Williams’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.71, and their Forward P/E ratio for the next fiscal year is 25.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.64 while its Price-to-Book (P/B) ratio in mrq is 22.59. Its current Enterprise Value per Revenue stands at 4.14 whereas that against EBITDA is 22.98.
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 $220.22. The 50-Day Moving Average of the stock is 324.65, while the 200-Day Moving Average is calculated to be 283.88.
Shares Statistics:
For the past three months, SHW has traded an average of 1.40M shares per day and 1.14M over the past ten days. A total of 254.50M shares are outstanding, with a floating share count of 233.68M. Insiders hold about 8.04% of the company’s shares, while institutions hold 79.96% stake in the company. Shares short for SHW as of Mar 15, 2024 were 2.84M with a Short Ratio of 2.03, compared to 2.65M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.12% and a Short% of Float of 1.12%.
Dividends & Splits
According to the company, the forward annual dividend rate for SHW is 2.53, from 2.42 in the trailing year. Against a Trailing Annual Dividend Yield of 0.72%, it implies a Forward Annual Dividend Yield of 0.86%. The 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 Mar 08, 2024 with an ex-dividend date of Feb 23, 2024. Stock splits for the company last occurred on Apr 01, 2021 when the company split stock in a 3:1 ratio.
Earnings Estimates
There are 21 different market analysts currently analyzing its stock. On average, analysts expect EPS of $2.21 for the current quarter, with a high estimate of $2.47 and a low estimate of $1.88, while EPS last year was $2.04. The consensus estimate for the next quarter is $3.48, with high estimates of $3.68 and low estimates of $3.13.
Analysts are recommending an EPS of between $12.15 and $11 for the fiscal current year, implying an average EPS of $11.43. EPS for the following year is $12.75, with 28 analysts recommending between $13.95 and $12.15.
Revenue Estimates
A total of 18 analysts believe the company’s revenue will be $5.5B this quarter.It ranges from a high estimate of $5.61B to a low estimate of $5.42B. As of the current estimate, Sherwin-Williams Co.’s year-ago sales were $5.44B, an estimated increase of 1.00% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $6.41B, an increase of 6.30% over than the figure of $1.00% in the same quarter last year. There is a high estimate of $6.53B for the next quarter, whereas the lowest estimate is $6.31B.
A total of 27 analysts have provided revenue estimates for SHW’s current fiscal year. The highest revenue estimate was $24.09B, while the lowest revenue estimate was $23.46B, resulting in an average revenue estimate of $23.77B. In the same quarter a year ago, actual revenue was $23.05B, up 3.10% from the average estimate. Based on 26 analysts’ estimates, the company’s revenue will be $24.87B in the next fiscal year. The high estimate is $25.76B and the low estimate is $23.97B. The average revenue growth estimate for next year is up 4.60% from the average revenue estimate for this year.
