SHW stock: buy or sell?

SHW stock price: $578.54 1.06% At close on December 6th, 2019

Updated on:
December 6th, 2019

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Sherwin-Williams grew a decent 1.06% and closed at $578.54.

The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean, Europe, Asia, and Australia.

Should I buy SHW stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Sherwin-Williams stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean SHW will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Sherwin-Williams stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 15 ratings published for SHW stock in the last month.

The general sentiment of these ratings is bullish for SHW stock, with 7 positive ratings.
Is SHW a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-6Jefferies Financial Groupn/aHold
2019-9-4BMO Capital Marketsn/aMarket Perform
2019-7-29BMO Capital Marketsn/aMarket Perform
2019-7-25Royal Bank of Canadan/aOutperform
2019-7-24Wells Fargo & Con/aOutperform
2019-7-24KeyCorpn/aOverweight
2019-7-24JPMorgan Chase & Co.n/aNeutral
2019-7-24Deutsche Bankn/aBuy
2019-7-24Credit Suisse Groupn/aOutperform
2019-7-24Buckingham Researchn/aNeutral
2019-7-24Barclaysn/aEqual Weight
2019-6-25Northcoast ResearchBuyNeutral
2019-4-24Wells Fargo & Con/aOutperform
2019-4-24UBS GroupNeutralNeutral
2019-4-24Deutsche BankBuyBuy

SHW stock analysis

Daily outlook

Sherwin-Williams shares grew 1.06% to $578.54 today.

Shares of Sherwin-Williams ended today at $578.54 and grew a decent 1.06%. On Nov 15th, SHW hit new all time highs, pushing higher previous ATH of $595.00 recorded on Nov/14. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

SHW stock chart (daily)

Weekly outlook

Shares of Sherwin-Williams ended this week at $578.54 and declined an ugly -0.79%.

Sherwin-Williams stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, SHW might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last all-time high Sherwin-Williams marked by mid November. Since price and SMA40w lines crossed up early June, SHW climbed $160.81 (38.50%). Since early May when SMA20w and SMA40w crossed up, SHW price gained $125.69 per share (27.76%).

SHW stock chart (weekly)

SHW stock price history

SHW stock went public on March 17th, 1980 with a price of $0.001. Since then, SHW stock grew a inf%, with a yearly average of inf%. If you had invested $1,000 in SHW stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

SHW stock historical price chart

SHW stock reached all-time highs on Nov/15 with a price of $597.00.

SHW stock price target is $517.40

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' SHW stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 14 price predictions for Sherwin-Williams stock:
SHW stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-6Jefferies Financial GroupRaises Target$430.00$546.0027%
2019-9-4BMO Capital MarketsRaises Target$517.00$550.006.4%
2019-7-29BMO Capital MarketsRaises Targetn/a$517.00-
2019-7-25Royal Bank of CanadaRaises Targetn/a$550.00-
2019-7-24Wells Fargo & CoReiterates$510.00$565.0010.8%
2019-7-24KeyCorpReiterates$500.00$525.005%
2019-7-24JPMorgan Chase & Co.Raises Target$435.00$490.0012.6%
2019-7-24Deutsche BankRaises Target$490.00$550.0012.2%
2019-7-24Credit Suisse GroupReiterates$487.00$525.007.8%
2019-7-24Buckingham ResearchRaises Target$440.00$460.004.5%
2019-7-24BarclaysRaises Target$470.00$505.007.4%
2019-4-24Wells Fargo & CoReiterates$475.00$510.007.4%
2019-4-24UBS GroupRaises Target$448.00$460.002.7%
2019-4-24Deutsche BankRaises Target$460.00$490.006.5%
(in average)$471.80$517.4010.0%
The price target for Sherwin-Williams stock is $517.40, moving in a range between $565.00 and $460.00. In average, analysts' outlook on SHW price target is positive, upgrading the prediction by a 10.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Sherwin-Williams posted its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.
SHW earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a3.8n/a
2017-Q32017-10-244.654.752.2%
2017-Q42018-01-253.123.161.3%
2018-Q12018-04-243.143.5713.7%
2018-Q22018-07-245.595.732.5%
2018-Q32018-10-255.715.68-0.5%
2018-Q42019-01-313.563.54-0.6%
2019-Q12019-04-223.72n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw an amazing increase of 17.02% to $17,534.50 M dollars. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) eased a -5.21% to 6.32%.

Sherwin-Williams presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Sherwin-Williams TTM sales up to March 2019 were $17,610.35 and income $1,103.86 million dollars. When comparing this TTM figures with the last reported annuality, we can review Sherwin-Williams business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, stayed steady a neutral 0.43%. Regarding profit margin, Sherwin-Williams stayed constant -0.06% to 6.32%

SHW annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$10,190 M-$748 M7.3%-
2014$11,130 M9.22%$866 M7.8%15.76%
2015$11,339 M1.89%$1,054 M9.3%21.71%
2016$11,856 M4.55%$1,133 M9.6%7.48%
2017$14,984 M26.39%$1,728 M11.5%52.55%
2018$17,535 M17.02%$1,109 M6.3%-35.83%
TTM $17,610 M0.43%$1,104 M6.3%-0.44%

Quarterly financial results

Sherwin-Williams reported $4,040.86 M in sales for 2019-Q1, a -0.57% less compared to previous quarter. Reported quarter income marked $245.24 million with a profit margin of 6.07%. Profit margin gained a 3.58% compared to previous quarter when profit margin was 2.48%. When comparing turnover to same quarter last year, Sherwin-Williams sales marked a slightly fine growth and appreciated a 1.91%. Looking back to recent quarterly results, Sherwin-Williams posted 3 positive quarters in a row.
SHW quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$3,740 M-$361 M9.6%-
2017-Q3$4,510 M20.59%$317 M7.0%-12.21%
2017-Q4$3,980 M-11.76%$897 M22.6%183.44%
2018-Q1$3,965 M-0.37%$250 M6.3%-72.13%
2018-Q2$4,774 M20.40%$404 M8.5%61.36%
2018-Q3$4,731 M-0.89%$354 M7.5%-12.28%
2018-Q4$4,064 M-14.10%$101 M2.5%-71.47%
2019-Q1$4,041 M-0.57%$245 M6.1%142.84%

Sherwin-Williams ownership

When you are planning to invest in a company, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Sherwin-Williams, 10.73% of all outstanding shares are owned by its staff.

In case of Sherwin-Williams stock, 78.98% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SHW stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

SHWFULHDMASPPG
Market cap$53.4 B$2.5 B$234.3 B$13.2 B$31.0 B
Total shares92.3 M51.0 M1,100.0 M286.1 M236.5 M
Float shares82.2 M50.6 M1,090.0 M282.1 M236.1 M
  - Institutional holdings (%)79.0%102.8%72.2%95.4%81.6%
  - Insider holdings (%)10.7%0.7%0.1%0.6%0.1%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

SHW summary

Friday, December 6th, 2019
Open$577.92
Close$578.54
Day range$573.26 - $580.71
Previous close$572.50
Session gain1.06%
Average true range$8.58
50d mov avg$568.45
100d mov avg$543.40
200d mov avg$493.15
Daily pattern
Weekly pattern lt06a

Sherwin-Williams performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected H. B. Fuller, Home Depot, Masco, PPG Industries and RPM International as the bechmarking frame for Sherwin-Williams stock.
Stock3m6m12m
SHWSherwin-Williams8.40%22.56%49.92%
FULH. B. Fuller15.77%17.16%21.46%
HDHome Depot-7.25%9.31%26.63%
MASMasco10.55%21.98%54.71%
PPGPPG Industries13.70%15.99%29.19%
RPMRPM International8.22%24.78%23.31%

Sherwin-Williams competitors

One check before trading any stock is to review a list of its competitors, in this case for Sherwin-Williams. We chose 5 companies as Sherwin-Williams competitors as they are in the same industry or have similar market objectives.

Latest SHW stock news