The Sherwin-Williams (NYSE:SHW) Target Raised by Robert W. Baird to $350.00

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The Sherwin-Williams stock has undergone multiple analysts rating changes in the recent past.  The Sherwin-Williams stock Target Raised by Robert W. Baird on 10/27/2021. In a note to investors, the firm issued a new target price of $350.00. The analysts previously had $325.00 target price. Robert W. Baird’s price target would indicate a potential upside of 10.75% from the stock’s previous close.

Shares of The Sherwin-Williams traded up $2.53 on Tuesday, reaching $318.55. 512724 shares of the stock traded hands, compared to its average volume of 1162784. On Tuesday, Shares of The Sherwin-Williams closed at $318.55. The firm’s 50 day moving average is $297.77 and its 200 day moving average is $272.38.The Sherwin-Williams  has a 12 month low of $218.06 and a 12 month high of $321.67. While on yearly highs and lows, The Sherwin-Williams today has traded high as $321.67 and has touched $317.01 on the downward trend.

The Sherwin-Williams Earnings and What to expect: 

The Sherwin-Williams last issued its earnings results on October 25th, 2021. The specialty chemicals company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.07 by $0.02. The business had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.09 billion. Its revenue was up .5% on a year-over-year basis. The Sherwin-Williams has generated $8.19 earnings per share over the last year ($7.97 diluted earnings per share) and currently has a price-to-earnings ratio of 40.2. Earnings for The Sherwin-Williams are expected to grow by 17.32% in the coming year, from $9.18 to $10.77 per share. The Sherwin-Williams has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, January 27th, 2022 based off prior year’s report dates.

Earnings for The Sherwin-Williams are expected to grow by 17.32% in the coming year, from $9.18 to $10.77 per share. The P/E ratio of The Sherwin-Williams is 40.06, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.30. The P/E ratio of The Sherwin-Williams is 40.06, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 19.58. The Sherwin-Williams has a PEG Ratio of 2.60. PEG Ratios above 1 indicate that a company could be overvalued. The Sherwin-Williams has a P/B Ratio of 24.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

The Sherwin-Williams (NYSE:SHW) Moving Average Technical Analysis

5 day Moving Average is $$311.34 And 5 day price change is $15.66 (5.19%)  with average volume for 5 day average is 983,845. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $296.59 and 20 day price change is $35.28 (12.50%) and average 20 day moving volume is 1,138,946. 50 day moving average is $297.77  and 50 day price change is $12.62 ( 4.14%)  and with average volume for 50 days is : 1,055,760. 200 day moving average is $272.38  and 200 day price change is $71.15 (28.88%)  and with average volume for 200 days is : 1,247,076.

Other owners latest trading in The Sherwin-Williams :

  • On 10/27/2021 shares held by State of Michigan Retirement System were 64,547 which equates to market value of $18.06M and appx 0.10% owners of The Sherwin-Williams
  • On 10/27/2021 shares held by Spearhead Capital Advisors LLC were 36,320 which equates to market value of $10.16M and appx 1.40% owners of The Sherwin-Williams
  • On 10/27/2021 shares held by Washington Trust Bank were 849 which equates to market value of $0.24M and appx 0.00% owners of The Sherwin-Williams
  • In total Institutional ownership equates to Institutional Ownership Percentage: 75.94% for The Sherwin-Williams

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