Loop Capital Raises Sherwin-Williams Price Target to $325.00
July 29, 2023
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SHERWIN-WILLIAMS ($NYSE:SHW): Sherwin-Williams Company is one of the leading manufacturers and distributors of paint and coatings in the world. It offers a wide array of products and services for consumers, contractors, and businesses alike. Recently, Loop Capital has increased their price target of Sherwin-Williams to $325.00. This marks a significant rise in share price for the company. Loop Capital is a full-service investment banking and financial services firm that serves institutional investors, corporations, and government entities. They provide clients with a wide range of services such as debt and equity capital raising, corporate finance, and mergers and acquisitions advisory services. With Loop Capital’s recent increase in the price target of Sherwin-Williams to $325.00, the stock is expected to experience gains in the near future.
This is great news for investors interested in the company as it will likely result in a significant return on investment. Sherwin-Williams has a long and successful history in the paint and coatings industry. With Loop Capital’s increase in their price target, the company’s stock is expected to continue its success. Investing in Sherwin-Williams will provide investors with both growth and stability. It is a great opportunity for those looking to invest in a solid and reliable company.
Market Price
The stock opened at $281.7 and closed at $277.1, declining 1.4% from its prior closing price of $280.9. This downward trend suggests that the company has experienced a recent decline in share price, although Loop Capital’s raised price target indicates a continued faith in the company’s potential. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sherwin-williams Company. More…
| Total Revenues | Net Income | Net Margin |
| 22.96k | 2.34k | 10.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sherwin-williams Company. More…
| Operations | Investing | Financing |
| 2.57k | -1.55k | -1.14k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sherwin-williams Company. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 23.17k | 19.54k | 14.12 |
Key Ratios Snapshot
Some of the financial key ratios for Sherwin-williams Company are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.0% | 9.8% | 14.9% |
| FCF Margin | ROE | ROA |
| 7.6% | 63.1% | 9.3% |
Analysis
At GoodWhale, we recently conducted an analysis of SHERWIN-WILLIAMS COMPANY‘s wellbeing. Our Risk Rating shows that SHERWIN-WILLIAMS COMPANY is a medium risk investment in terms of financial and business aspects. We have also detected 1 risk warnings in non financial areas, and registered users can check out further details. It is important to remember that our Risk Rating is updated regularly to reflect any changes in the company’s financial and business wellbeing. We encourage potential investors to use our services to stay up-to-date on the latest news and information regarding SHERWIN-WILLIAMS COMPANY. More…
Peers
In the paint and coatings industry, there is intense competition between Sherwin-Williams Co and its three main competitors: PPG Industries Inc, RPM International Inc, and MOP Environmental Solutions Inc. All four companies are striving to develop the best products and gain market share.
– PPG Industries Inc ($NYSE:PPG)
PPG Industries Inc, with a market cap of 26.94B as of 2022, is a company that produces and supplies coatings, optical and specialty materials, and glass products. The company has a Return on Equity of 15.07%.
– RPM International Inc ($NYSE:RPM)
RPM International Inc is a holding company that owns subsidiaries that are engaged in the manufacture, marketing, and sale of coatings and related products. The company operates in two segments: Industrial and Consumer. The Industrial segment provides coatings and sealants for industrial, commercial, and institutional applications. The Consumer segment offers paints, primers, and other house paint products for retail, do-it-yourself, and original equipment manufacturer markets.
Summary
This move is a sign of confidence in the company’s performance and prospects for future financial success. Analysts believe that Sherwin-Williams’ strong balance sheet, healthy operating margins, and consistent dividend payments make it an attractive investment opportunity. The company is also benefiting from the recent surge in the paint industry, which has seen sales grow significantly due to the pandemic. Loop Capital believes that Sherwin-Williams’ strong fundamentals and improving industry trends make it a good long-term investment choice.
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