There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for The Sherwin-Williams Company (SHW) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.07, or -0.03%, to $269.00. The The Sherwin-Williams Company has recorded 232,055 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Sherwin-Williams to Hold Financial Community Presentation on August 24, 2023.
As a NYSE listed company, SHW falls under the Basic Materials sector while operating within the Specialty Chemicals industry segment. At the end of the last regular session, the stock closed at $269.07 and fluctuated between $270.22 as its day high and $267.32 as its day low. The current market capitalization of The Sherwin-Williams Company is $68.41B. A total of 0.89 million shares were traded on the day, compared to an average of 1.40M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, SHW has seen 4 BUY and 0 SELL insider trades, representing the acquisition of 898 and the disposition of 0 shares. Over the last 12 months, there were 35 BUYs and 3 SELLs from insiders. Insiders purchased 37,060 shares during that period but sold 3,792.
In the most recent transaction, Young Bryan J sold 2,750 shares of SHW for 220.76 per share on Feb 23. After the transaction, the SVP – Corp Strategy & Devel. now owns 7,955 company shares. In a previous transaction on Jan 27, MORIKIS JOHN G bought 2,207 shares at 226.70 per share. SHW shares that Chairman & CEO owns now total 231,344.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. The Sherwin-Williams Company pays an annual dividend of $2.42, resulting in a dividend yield of 0.90%, and it has a price to earnings (P/E) ratio of 29.86. SHW’s most recent ex-dividend date was 8/17/2023 when it declared a $0.6050 quarterly dividend that was paid in cash on 9/8/2023. Previously, the company paid the dividend on 6/2/2023 with an ex-dividend date of 5/18/2023. The SHW stock dividend was $0.6050 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for SHW in the last 3 months, the mean price target is $302.65 with high estimates of $330.00 and low estimates of $265.00. In terms of 52-week highs and lows, SHW has a high of $283.80 and a low of $195.24.
As of this writing, SHW has an earnings estimate of $2.74 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $3.04 per share and a lower estimate of $2.46. The company reported an EPS of $2.04 in the last quarter, which was 14.60% higher than expectations of $1.78.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SHW’s latest balance sheet shows that the firm has $165.70M in Cash & Short Term Investments as of fiscal 2021. There were $11.50B in debt and $5.72B in liabilities at the time. Its Book Value Per Share was $14.18, while its Total Shareholder’s Equity was $2.44B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SHW is Buy with a score of 4.32.