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The Sherwin-Williams Company (SHW)

NYSE - NYSE Delayed Price. Currency in USD
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735.29+1.16 (+0.16%)
At close: 4:00PM EST
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  • R
    Richard
    Shirley recently gets stalled at the 734-735 price point, share price seems to settle at that level, but not hold above that point- my bet is profit taking and a high P/E. Don't think that it will stay there, especially after the next earnings in Jan, once earnings is demonstrably higher. Patience is a virtue LOL!
    Bullish
  • R
    Richard
    Lou, Basam, Mike et al, not sure what the hell happened yesterday...One guess that I have is that Shirley reached a sell price point for a hedge fund, and they liquidated all their SHW assets to move into more depressed stocks that were held down by COVID. When it was announced that the vaccine had been developed, and the market was recovering like crazy (which we knew that it would), they moved out.

    Still, the fundamentals for Shirley are really good- with the caveat that the P/E is very high, but so are many good quality stocks. Not sure what a reasonable P/E is anymore.

    Anybody else have any ideas about what went down yesterday?
    Bullish
  • R
    Richard
    My bet is on Shirley having a bang up year in 2021. Share appreciation for two years running (Nov to Nov) has been on the order of 30%. The market likes stability. If Biden takes the presidency, and we have a check on the Democrats with a majority in the Senate that is a scenario favorable to Wall Street. We'll have a vaccine sometime late next year, and in the intermediate time frame we'll see the effects of a stimulus deal- which should be favorable to the markets. Hopefully Trump's economy has a little traction. This all bodes well for SHW which depends on building and consumer spending largely for profits. Wouldn't be surprised if we see share prices in the mid 800's (or higher) this time next year.
  • j
    john
    Whenever S-W dips 5% or more it’s a buy. This stock fell to 330s in March when market crashed and 723 today. What else can you say? Yesterday is a mystery as I’ve owned this stock for over 35 years had 3 splits and started buying at $11. I’m very happy with S-W as it always beats the odds.
    Bullish
  • b
    basam
    bought more
  • b
    basam
    they crushed earnings. shouldn't this be up by 5%?
  • M
    Mike
    This is an excellent buy opportunity. SHW stock has never stayed down long after taking a beating.
  • S
    Stockguru
    Down again. I’m going to add a few more shares today! My feeling is they are bringing it down, which gives it more upside here after earnings.
  • M
    MichaelM
    This stock is a rock, only one of my stocks that is in the green in today's bloodbath
  • r
    robert
    SHW shorts are on a suicide mission. Stay at home is good for this stock. More people working on home improvement projects and that means huge demand for SHW's paints. Bought on the pandemic floor and have a massive gain but I've owned for several years now. Very glad I chose this stock over PPG which has given me diddly squat of a return over the past several years. Shorts are in for massive pain betting against this company.
    Bullish
  • R
    Richard
    Earnings for the third quarter at 8.29/sh, beating the estimate (7.75/sh). Good work, Shirley!
    Bullish
  • L
    Lou Vassallo
    Shw is bearish. Expected to close end of the year $738.32.
    I would of been happy at $680-720. I’m thrilled.
    Next 9+ months ++++
    Bullish
  • R
    Rubbins
    Sherwin don't play that manipulation game.....

    We go our Own Way!
  • S
    Stockguru
    We are sitting right on the 50 MA. Do we hold and see new highs?
  • J
    Jon
    No brainer.

    Added to my position (stock sold off) as they gave us a preview of the numbers going into earning on the 27th showing strength and increased sales and better then expected EPS.
    Bullish
  • b
    basam
    Long term investors like Lou or Richard. Question for you good folks.
    I am looking at the balance sheet of SHW. Total revenues for 2019 is 18 billion roughly. But cash and equivalents in only 161 million. How come it is so low?

    They usually say, one should invest in companies with strong balance sheet with lots of cash. I am just trying to pick your brains guys since You have been long term holders. was this small amount of cash was any time an issue for SHW?

    Even though the total shares on float is only 90 million the EPS is only 16$. I did read that SHW bought valsper all cash for 13 billion. could that be the reason they don't have much cash on the books?

    I am trying to understand the numbers before I put more into SHW. I am comparing it other industrials (not same sector) like Roper technologies (ROP). Cash on hand is in billions. Even though the float is around 500 million (way more than SHW) the EPS is 17$ in 2019.

    thank you
    Bullish
  • M
    Milo
    How’s the competitive moat here? Worried about private-label products from the likes of HD and LOW? Will this company’s market position be just as strong in 20 years???
  • R
    Rubbins
    Hell.....Did Everybody sell but Me?
  • L
    Lou Vassallo
    Hello Basam. Also Shw owns krylon spray. Minwax. Purdy brushes and accessories the painters choice. I remember when Shw was buying purdy kelly Moore said they’ll drop the line. Ex ceo Chris conners said go adhead drop purdy your painters will come to Shw for purdy and we’ll sell more paint to them. Kelly Moore never dropped the line. Kelly Moore ceo joe c came from Shw. Trained by Shw. Have you ever looked at Shw product development. I worked there for a few weeks way back then. Taught me a lot.
    Bullish
  • S
    Stocktargetadvisor
    $SHW
    Maintains Credit Suisse Outperform USD 765 » USD 778
    Upgrades JPMorgan Chase Overweight USD 700 » USD 740