Sherwin Williams Co. SHW Stock Analysis

Sherwin Williams Co. stock trades under the ticker SHW & has shown recent bullishness that traders & investors should research further into.

SHW stock closed at $251.61/share on 8/12/2022.

Sherwin Williams Co. SHW Stock’s Technical Performance Broken Down

Sherwin Williams Co. SHW Stock's Technical Performance Over The Last Year

SHW Stock Price: $251.61

10 Day Moving Average: $241.84

50 Day Moving Average: $242.60

200 Day Moving Average: $277.70

RSI: 56.17

MACD: -0.157

On Friday, SHW stock completed a bullish MACD crossover, closing on with its 10 & 50 day moving averages on the verge of also bullishly crossing.

Recent trading volumes have been above average compared to the year prior, and their RSI is still on the overbought end of neutral, signaling that there may be more short-term momentum to come.

They have support at the $250.27 & $250.18/share price levels, as they attempt to break above the $252.18 & $260.40/share resistance levels.

Sherwin Williams Co. SHW Stock As A Long-Term Investment

Long-term focused investors may find SHW stock’s valuation metrics to be a bit too high, with a 36.6 P/E (ttm) & a 28.4 P/B (mrq).

They recently reported 9.2% Quarterly Revenue Growth Y-o-Y, with -10.9% Quarterly Earnings Growth Y-o-Y, which investors may want to research more into.

Their balance sheet will also require a closer examination, as they report having $312.6M of Total Cash (mrq), while also having $12.51B of Total Debt (mrq).

SHW stock pays a 0.94% dividend yield, which appears to be sustainable in the long-term, as their payout ratio is 34.5%.

78.9% of SHW stock’s outstanding share float is owned by institutional investors.

Sherwin Williams Co. SHW Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to profit from price movements in SHW stock, while protecting their portfolios from volatility.

I am looking at the contracts with the 9/16 expiration date.

The $250, $240 & $230 call options are all in-the-money, listed from most to least open interest levels.

The $270, $260 & $280 puts are also in-the-money, listed from highest to lowest levels of open interest.

Tying It All Together

SHW stock has many interesting characteristics that traders & investors are sure to like.

Investors will like their dividend yield, but may want to research further into the structure of their balance sheet before investing.

Traders will like their current technical set up, and should be pleased with how liquid their options are.

All-in-all, it is worth seeing how SHW stock can fit into your portfolio strategy.