How to Buy Sherwin Williams Co Stock
Sherwin Williams Co
Sherwin Williams Co is a specialty chemical company located in Ohio, United States, which is part of the Basic Materials sector, and is traded under the ticker SHW on the NYSE exchange.
Sherwin Williams Co stock last closed at $378.99, up 0.67% from the previous day, and has increased 48.31% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 0.32 percentage points. Sherwin Williams Co stock is currently +63.32% from its 52-week low of $232.06, and -1.62% from its 52-week high of $385.25.
There are currently 252.26M shares of SHW outstanding. The market cap of SHW is $95.60B. In the last 24 hours, 945,298 SHW shares were traded.
How to Buy Sherwin Williams Co Stock
Wondering how to invest in Sherwin Williams Co stock? Here's how.
- Choose where to buy Sherwin Williams Co stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Sherwin Williams Co stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your information.
- Research Sherwin Williams Co stock: The Sherwin Williams Co ticker symbol is SHW. Is Sherwin Williams Co stock a good investment? Should you buy shares of SHW? How do SHW's underlying business fundamentals look? Do top analysts think Sherwin Williams Co is a good buy? Why has SHW's stock price moved recently? (Hint: Our stock market research website can help you decide if SHW is a good stock to buy).
- Place your SHW trade: Decide if you will purchase SHW shares at the current market price or use a limit order to buy SHW shares at a given price.
- Track your investment in SHW: Create a watchlist to keep tabs on your position in Sherwin Williams Co stock.
Step 1: Choose where to buy Sherwin Williams Co stock
You need a brokerage account to access the NYSE market and buy SHW shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to buy SHW stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on a investment app, you can securely and quickly fund your account:
Watch the video below if you need help transferring funds into your investment account.
Step 4: Research Sherwin Williams Co stock
After you have identified the best place to buy Sherwin Williams Co stock, it's absolutely critical to evaluate their stock before you buy, so you can comprehend the risk and upside.
Sherwin Williams Co stock data
SHW Fundamentals
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on SHW's stock page.
What is the fair value of SHW stock?
You can use many financial metrics, analyses, models, and charts to gauge SHW's true value.
Using relative valuations measures:
- SHW may be overvalued based on its P/E ratio of 38.13x, relative to Specialty Chemicals industry P/E ratio of 33.48x
- SHW may be overvalued based on its P/B ratio of 25.48x, relative to Specialty Chemicals industry P/B ratio of 3.67x
- SHW may be overvalued based on its PEG ratio of 3.08x
You can access more valuation research on SHW's stock here.
SHW Financial Health Overview
Positive Health Checks:
- SHW profit margin has gone up from 10.2% to 10.9% in the past year.
- SHW earnings of $3.71B is not sufficient to cover its interest payments.
- SHW's operating cash flow of $3.37B allows it to safely service it's debt of $12.30B.
Negative Health Checks:
- Total SHW debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the SHW balance sheet.
- There are more long-term liabilities than short-term assets on the SHW balance sheet.
- SHW has a relatively high debt to equity ratio of 5.33.
Do Wall Street analysts think it's a good time to buy Sherwin Williams Co stock
Out of 15 Wall Street analysts who give ratings on SHW, the consensus analyst rating on SHW is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent SHW Analyst Ratings
Michael Leithead, a top 31% analyst from Barclays maintains SHW with a hold rating and raises their SHW price target from $315.00 to $355.00, on Jul 24, 2024.
Ghansham Panjabi, a top 18% analyst from Baird maintains SHW with a hold rating and raises their SHW price target from $310.00 to $325.00, on Jul 24, 2024.
Vincent Andrews, a top 13% analyst from Morgan Stanley maintains SHW with a strong buy rating and raises their SHW price target from $338.00 to $375.00, on Jul 24, 2024.
Morgan Stanley's Vincent Andrews raised their price target on Sherwin Williams Co (NYSE: SHW) by 10.9% from $338 to $375 on 2024/07/24. The analyst maintained their Strong Buy rating on the stock.
Andrews' price target hike followed Sherwin Williams Co.'s 2024/07/23-dated Q2 2024 earnings report.
The analyst said they "see early signs that Sherwin Williams Co.'s market share gains are going to increase the pace of sales and EPS compounding as the housing environment inflects positively."
In that context, Andrews argued that management's 2H 2024 guidance was "conservative."
Michael Sison, a bottom 23% analyst from Wells Fargo maintains SHW with a hold rating and raises their SHW price target from $320.00 to $350.00, on Jul 24, 2024.
Duffy Fischer, a top 28% analyst from Goldman Sachs maintains SHW with a strong buy rating and raises their SHW price target from $344.00 to $390.00, on Jul 24, 2024.
You can dig deeper into what analysts are saying on the Sherwin Williams Co stock forecast page.
SHW Momentum
SHW Performance Numbers
Last year, SHW earnings were $2.51B. In the last five year, SHW's earnings have gone up by 18.62% per year. This was faster than the Specialty Chemicals industry average of 5.24%.
Last year, SHW revenue was $23.01B. In the last 5 year, SHW's revenue has increased by 5.37% per year. This was slower than the Specialty Chemicals industry average of 5.79%.
You can research SHW's earnings and revenue performance here.
What are SHW insiders up to?
In the last year, executives and large shareholders at SHW have sold more shares than they have bought.
Kerrii B. Anderson, Director of SHW, was the latest SHW insider to buy. They bought $9,684.22 worth of SHW shares on Oct 4, 2024.
Get more info about who owns SHW shares here.
Does SHW stock generate passive income?
Sherwin Williams Co pays a dividend of 0.73%, compared to the Specialty Chemicals industry's average dividend yield of 1.78%. If you owned $1,000 worth of SHW stock, you would have received $7.26 in the past year.
Sherwin Williams Co dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Sherwin Williams Co dividend yield and history here.
What others are saying about SHW
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your SHW trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open button and eToro will execute the order.
If you require more help buying stocks on eToro, watch the how to video below:
Step 6: Track your investment in SHW
Now that you own some SHW shares, you'll want to keep up with your stock purchase.
Start a watchlist to track the latest developments regarding your SHW stock.
SHW Feed
How to Buy Stock in Sherwin Williams Co
To reiterate, here are the 6 steps you need to take to buy Sherwin Williams Co stock right now:
- Choose where to buy Sherwin Williams Co stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Research Sherwin Williams Co stock
- Place your SHW trade
- Track your investment in SHW
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Sherwin Williams Co, hit the button below to create your watchlist.
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