SHW Stock Summary and Trading Ideas (Sherwin-Williams Company | NYSE:SHW)

Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 5,000 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.

Sherwin-Williams Company trades on the NYSE stock market under the symbol SHW.

As of April 18, 2024, SHW stock price declined to $309.38 with 1,078,874 million shares trading.

SHW has a beta of 1.47, meaning it tends to be more sensitive to market movements. SHW has a correlation of 0.60 to the broad based SPY ETF.

SHW has a market cap of $78.73 billion. This is considered a Large Cap stock.

Last quarter Sherwin-Williams Company reported $5 billion in Revenue and $1.81 earnings per share. This beat revenue expectation by $32 million and exceeded earnings estimates by $.01.

In the last 3 years, SHW stock traded as high as $354.15 and as low as $195.24.

The top ETF exchange traded funds that SHW belongs to (by Net Assets): VTI, VOO, SPY, VUG, IVV.

SHW has outperformed the market in the last year with a return of +35.2%, while the SPY ETF gained +22.3%. However, in the most recent history, SHW shares have underperformed the stock market with its stock returning +3.1% in the last 3 month period and -7.5% for the last 2 week period, while SPY has returned +6.1% and -3.8%, respectively.

SHW support price is $305.67 and resistance is $314.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SHW stock will trade within this expected range on the day.