The Sherwin-Williams Company (NYSE:SHW) went down by -0.05% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Specialty Chemicals giant went up by $581.70 to trade ended Thursday trading at $582.00. This is down from the $582 price recorded on Wednesday’s trading session. Thanks to this latest performance, SHW is closer to the higher price 52-week target of $665.00 and further from the lowest price target of $519.00. Its performance from the start of the year has also been negative, with SHW down by -0.32% year-to-date.
The Sherwin-Williams Company (SHW) started the day trading at $578 and recorded an intraday high of $585.04. It also recorded an intraday low of $577.55 during Thursday’s trading session. The Sherwin-Williams Company is a very active stock that recorded a trading volume that is less than -144.77% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 274774, which is less than -144.77 of the total average daily trading volume of 672.56K.
The Sherwin-Williams Company (NYSE:SHW) 2020 Performance Impressive
The increase in SHW’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of SHW currently stands at $603.36, which is higher than the current trading price of the stock by 3.59%. However, SHW’s current trading price is -78.75% lower than the 52-week low price of $325.43. In terms of trading volume, The Sherwin-Williams Company currently experienced healthy participation during the last trading session. 274774 shares of The Sherwin-Williams Company were traded on the stock exchange on Thursday, which is less than -144.77% of the 672.56K average trading volume of the stock.
The performance of the stock has been positive over the past year. SHW’s performance over the past one year has seen it surge by 25.10%, while the stock has gone up by 0.62% in the last six months. The quarterly performance of SHW currently stands at 30.68%, and it is up by 3.19% in the last month. The only positive figure was from the weekly performance, which currently reads 6.48%. At the time of writing SHW’s report, the company has a total market cap of $52.69B, making it one of the largest publicly-traded companies in the world.The Sherwin-Williams Company also has over 61111 employees all over the world.
SHW Insider Activities
For The Sherwin-Williams Company, insiders hold 80.20% of all company shares. The insider transactions over the past six months are up by 0.40%. During that period, insiders bought 72,498 shares in 31 transactions. In that same period, insiders sold 59,784 of their shares in 23 transactions. After these transactions, insiders at The Sherwin-Williams Company now hold 8.83M shares, which is over 81.61% of the total company stocks. Institutional investors currently hold a large chunk of the SHW shares, as they control 9.70% of the company’s total stock.
SHW Fundamental Analysis
For The Sherwin-Williams Company, the stock’s diluted earnings per share (EPS) stands at 17.32. In the coming year, analysts expect the EPS to be 23.22. The stock’s EPS growth this year is 42.40%, with analysts expecting almost a 2 growth in the earnings per share next week. In terms of revenue, The Sherwin-Williams Company’s quarterly sales (YOY) is growing at 5.47, which is lower than the average annual revenue of 13.50% over the past half a decade.
The Return on Investment (ROI) on The Sherwin-Williams Company’s stock currently stands at 11.80%, and it has a net profit margin of 9.00%. The operating margin of the company is 11.40%, and its gross margin is 45.50%.
SHW Analysts Prediction
In April 16, 2020, several analysts reiterated their positions on the The Sherwin-Williams Company stock and predicted its performance to their investors. The analysts at Wells Fargo believe SHW is still a Overweight and set the price target between $600 and $550. Another analyst that has a Underperform rating for SHW is BofA/Merrill, which set a price target of between $610 and $500.
Loop Capital and Loop Capital also believe that The Sherwin-Williams Company’s stock is outperforming at the moment. SHW received a positive rating from Wells Fargo, which set a price target of $650-$600 for the stock.
At the moment, The Sherwin-Williams Company’s Total Debt to Equity ratio stands at 2.97, and they have a long-term Debt to Equity ratio of 2.52.
SHW Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of SHW currently stands at 0.67%, while the SMA50 is 7.05%. The biggest one is the SMA200, which is currently reading 5.91% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 57.83, while its price to earnings ratio (P/E) is 33.58.