During the last three months, 12 analysts shared their evaluations of Sherwin-Williams SHW, revealing diverse outlooks from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 5 | 5 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 3 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 3 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $341.0, a high estimate of $402.00, and a low estimate of $300.00. Observing a 7.8% increase, the current average has risen from the previous average price target of $316.33.
Breaking Down Analyst Ratings: A Detailed Examination
A comprehensive examination of how financial experts perceive Sherwin-Williams is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Greg Melich | Evercore ISI Group | Raises | Outperform | $390.00 | $370.00 |
| John McNulty | BMO Capital | Raises | Outperform | $385.00 | $340.00 |
| Joshua Spector | UBS | Raises | Buy | $402.00 | $312.00 |
| Michael Leithead | Barclays | Raises | Equal-Weight | $315.00 | $285.00 |
| Greg Melich | Evercore ISI Group | Raises | Outperform | $360.00 | $355.00 |
| Christopher Parkinson | Mizuho | Lowers | Buy | $340.00 | $352.00 |
| Jeffrey Zekauskas | JP Morgan | Raises | Overweight | $317.00 | $285.00 |
| Arun Viswanathan | RBC Capital | Lowers | Outperform | $341.00 | $346.00 |
| Michael Sison | Wells Fargo | Raises | Equal-Weight | $320.00 | $310.00 |
| Joshua Spector | UBS | Raises | Neutral | $312.00 | $274.00 |
| Michael Sison | Wells Fargo | Raises | Equal-Weight | $310.00 | $297.00 |
| Ghansham Panjabi | Baird | Raises | Neutral | $300.00 | $270.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Sherwin-Williams. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Sherwin-Williams compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Sherwin-Williams's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Sherwin-Williams's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Sherwin-Williams analyst ratings.
Get to Know Sherwin-Williams Better
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's Financial Performance
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Sherwin-Williams's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 0.41%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Materials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Sherwin-Williams's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.78% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 9.5%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Sherwin-Williams's ROA excels beyond industry benchmarks, reaching 1.55%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 3.18, Sherwin-Williams faces challenges in effectively managing its debt levels, indicating potential financial strain.
Understanding the Relevance of Analyst Ratings
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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