Sherwin-Williams Company (SHW) Stock Forecast, Price Target & Predictions
SHW Stock Forecast
Sherwin-Williams Company stock forecast is as follows: an average price target of $354.89 (represents a -5.45% downside from SHW’s last price of $375.35) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.
SHW Price Target
The average price target for Sherwin-Williams Company (SHW) is $354.89 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $446.00 to $220.00. This represents a potential -5.45% downside from SHW's last price of $375.35.
SHW Analyst Ratings
According to 18 Wall Street analysts, Sherwin-Williams Company's rating consensus is 'Buy'. The analyst rating breakdown for SHW stock is 0 'Strong Buy' (0.00%), 14 'Buy' (77.78%), 3 'Hold' (16.67%), 1 'Sell' (5.56%), and 0 'Strong Sell' (0.00%).
Sherwin-Williams Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 24, 2024 | Arun Viswanathan | RBC Capital | $446.00 | $362.72 | 22.96% | 18.82% |
| Oct 23, 2024 | Ghansham Panjabi | Robert W. Baird | $360.00 | $361.38 | -0.38% | -4.09% |
| Oct 23, 2024 | Duffy Fischer | Goldman Sachs | $410.00 | $361.38 | 13.45% | 9.23% |
| Oct 23, 2024 | Greg Melich | Evercore ISI | $400.00 | $361.38 | 10.69% | 6.57% |
| Oct 23, 2024 | Michael Leithead | Barclays | $370.00 | $361.38 | 2.39% | -1.43% |
| Oct 21, 2024 | Laurence Alexander | Jefferies | $445.00 | $388.36 | 14.58% | 18.56% |
| Sep 03, 2024 | John McNulty | BMO Capital | $400.00 | $363.75 | 9.97% | 6.57% |
| Aug 26, 2024 | Laurence Alexander | Jefferies | $415.00 | $358.73 | 15.69% | 10.56% |
| Jul 30, 2024 | Aron Ceccarelli | Berenberg Bank | $312.00 | $352.55 | -11.50% | -16.88% |
| Jul 24, 2024 | David Begleiter | Deutsche Bank | $385.00 | $340.00 | 13.24% | 2.57% |
The latest Sherwin-Williams Company stock forecast, released on Oct 24, 2024 by Arun Viswanathan from RBC Capital, set a price target of $446.00, which represents a 22.96% increase from the stock price at the time of the forecast ($362.72), and a 18.82% increase from SHW last price ($375.35).
Sherwin-Williams Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 6 | 8 | 23 |
| Avg Price Target | $405.17 | $405.75 | $373.17 |
| Last Closing Price | $375.35 | $375.35 | $375.35 |
| Upside/Downside | 7.94% | 8.10% | -0.58% |
In the current month, the average price target of Sherwin-Williams Company stock is $405.17, according to 6 Wall Street analysts offering twelve months forecast. The average price target represents a 7.94% increase as opposed to Sherwin-Williams Company's last price of $375.35. This month's average price target is down -0.14% compared to last quarter, and up 8.58% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 23, 2024 | Wells Fargo | Buy | Buy | Hold |
| Oct 23, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Oct 23, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Oct 23, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 21, 2024 | Jefferies | Buy | Buy | Hold |
| Oct 18, 2024 | UBS | Underperform | Underperform | Hold |
| Oct 18, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 07, 2024 | KeyBanc | Overweight | Sector Weight | Downgrade |
| Sep 30, 2024 | Wells Fargo | Buy | Buy | Hold |
Sherwin-Williams Company's last stock rating was published by RBC Capital on Oct 24, 2024. The company gave SHW a "Outperform" rating, the same as its previous rate.
Sherwin-Williams Company Financial Forecast
Sherwin-Williams Company Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $5.25B | - | $6.24B | $5.44B | $5.23B | $6.05B | $5.87B | $5.00B | $4.76B | $5.15B | $5.38B | $4.66B | $4.49B | $5.12B | $4.60B | $4.15B | $4.11B | $4.87B |
| Avg Forecast | $5.99B | $6.90B | $6.95B | $5.86B | $5.57B | $6.47B | $6.51B | $5.52B | $5.33B | $6.20B | $6.33B | $5.50B | $5.23B | $6.02B | $6.03B | $5.14B | $5.27B | $5.79B | $6.03B | $4.91B | $4.76B | $5.09B | $5.39B | $4.52B | $4.34B | $5.07B | $4.55B | $4.13B | $4.20B | $4.83B |
| High Forecast | $6.08B | $7.01B | $7.06B | $5.95B | $5.66B | $6.57B | $6.61B | $5.56B | $5.42B | $6.20B | $6.33B | $5.50B | $5.28B | $6.17B | $6.13B | $5.22B | $5.35B | $5.79B | $6.03B | $4.91B | $4.76B | $5.09B | $5.39B | $4.52B | $4.34B | $5.07B | $4.55B | $4.13B | $4.20B | $4.83B |
| Low Forecast | $5.90B | $6.80B | $6.85B | $5.77B | $5.49B | $6.37B | $6.42B | $5.45B | $5.27B | $6.20B | $6.33B | $5.50B | $5.19B | $5.90B | $5.94B | $5.06B | $5.19B | $5.79B | $6.03B | $4.91B | $4.76B | $5.09B | $5.39B | $4.52B | $4.34B | $5.07B | $4.55B | $4.13B | $4.20B | $4.83B |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 11 | 5 | 4 | 4 | 5 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 1.03% | 1.06% | 0.99% | 1.05% | 0.97% | 1.02% | 1.00% | 1.01% | 1.00% | 1.03% | 1.03% | 1.01% | 1.01% | 1.00% | 0.98% | 1.01% |
Sherwin-Williams Company's average Quarter revenue forecast for Mar 24 based on 4 analysts is $5.50B, with a low forecast of $5.50B, and a high forecast of $5.50B. SHW's average Quarter revenue forecast represents a 4.70% increase compared to the company's last Quarter revenue of $5.25B (Dec 23).
Sherwin-Williams Company EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 11 | 5 | 4 | 4 | 5 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $692.80M | - | $1.11B | $724.10M | $698.00M | $1.12B | $990.80M | $705.70M | $533.40M | $834.20M | $1.05B | $736.20M | $736.50M | $1.10B | $978.40M | $623.10M | $526.78M | $937.87M |
| Avg Forecast | $1.12B | $1.30B | $1.30B | $1.10B | $1.05B | $1.21B | $1.22B | $1.04B | $999.60M | $1.16B | $1.19B | $806.07M | $980.78M | $1.13B | $1.13B | $732.79M | $603.75M | $933.01M | $972.10M | $666.17M | $768.26M | $820.90M | $868.92M | $553.27M | $700.66M | $818.36M | $733.14M | $600.96M | $676.66M | $779.61M |
| High Forecast | $1.14B | $1.32B | $1.33B | $1.12B | $1.06B | $1.23B | $1.24B | $1.04B | $1.02B | $1.16B | $1.19B | $967.28M | $990.19M | $1.16B | $1.15B | $879.35M | $724.50M | $933.01M | $972.10M | $799.41M | $768.26M | $820.90M | $868.92M | $663.92M | $700.66M | $818.36M | $733.14M | $721.15M | $676.66M | $779.61M |
| Low Forecast | $1.11B | $1.28B | $1.29B | $1.08B | $1.03B | $1.20B | $1.20B | $1.02B | $988.32M | $1.16B | $1.19B | $644.86M | $973.25M | $1.11B | $1.12B | $586.23M | $483.00M | $933.01M | $972.10M | $532.94M | $768.26M | $820.90M | $868.92M | $442.61M | $700.66M | $818.36M | $733.14M | $480.77M | $676.66M | $779.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | - | 0.98% | 0.99% | 1.16% | 1.20% | 1.02% | 1.06% | 0.69% | 1.02% | 1.21% | 1.33% | 1.05% | 1.35% | 1.33% | 1.04% | 0.78% | 1.20% |
4 analysts predict SHW's average Quarter EBITDA for Mar 24 to be $806.07M, with a high of $967.28M and a low of $644.86M. This is 16.35% upper than Sherwin-Williams Company's previous annual EBITDA (Dec 23) of $692.80M.
Sherwin-Williams Company Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 11 | 5 | 4 | 4 | 5 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $356.20M | - | $793.70M | $477.40M | $386.30M | $685.10M | $577.90M | $370.80M | $304.00M | $502.20M | $648.60M | $409.60M | $407.00M | $705.80M | $595.90M | $321.70M | $248.62M | $576.44M |
| Avg Forecast | $726.02M | $1.13B | $1.19B | $700.45M | $621.68M | $995.77M | $1.03B | $592.65M | $526.77M | $900.68M | $884.97M | $431.30M | $457.49M | $706.76M | $684.71M | $392.09M | $344.09M | $651.84M | $702.97M | $356.45M | $428.05M | $537.21M | $679.29M | $307.82M | $411.05M | $659.89M | $482.15M | $310.27M | $371.69M | $547.84M |
| High Forecast | $740.84M | $1.16B | $1.21B | $714.74M | $634.36M | $1.02B | $1.05B | $605.76M | $547.04M | $901.49M | $885.03M | $517.56M | $487.99M | $775.65M | $698.69M | $470.51M | $412.91M | $651.84M | $702.97M | $427.74M | $428.05M | $537.21M | $679.29M | $369.38M | $411.05M | $659.89M | $482.15M | $372.32M | $371.69M | $547.84M |
| Low Forecast | $711.95M | $1.11B | $1.17B | $686.87M | $609.63M | $976.46M | $1.01B | $574.29M | $509.05M | $899.87M | $884.91M | $345.04M | $444.78M | $627.66M | $671.44M | $313.67M | $275.27M | $651.84M | $702.97M | $285.16M | $428.05M | $537.21M | $679.29M | $246.26M | $411.05M | $659.89M | $482.15M | $248.22M | $371.69M | $547.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | - | 1.16% | 1.22% | 1.12% | 1.05% | 0.82% | 1.04% | 0.71% | 0.93% | 0.95% | 1.33% | 0.99% | 1.07% | 1.24% | 1.04% | 0.67% | 1.05% |
Sherwin-Williams Company's average Quarter net income forecast for Mar 24 is $431.30M, with a range of $345.04M to $517.56M. SHW's average Quarter net income forecast represents a 21.08% increase compared to the company's last Quarter net income of $356.20M (Dec 23).
Sherwin-Williams Company SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 11 | 5 | 4 | 4 | 5 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $1.86B | - | $1.76B | $1.69B | $1.56B | $1.53B | $1.52B | $1.41B | $1.44B | $1.37B | $1.44B | $1.33B | $1.47B | $1.41B | $1.29B | $1.31B | $1.35B | $1.35B |
| Avg Forecast | $1.74B | $2.00B | $2.02B | $1.70B | $1.62B | $1.88B | $1.89B | $1.60B | $1.55B | $1.80B | $1.84B | $1.64B | $1.52B | $1.75B | $1.75B | $1.49B | $1.63B | $1.68B | $1.75B | $1.35B | $1.38B | $1.48B | $1.56B | $996.43M | $1.26B | $1.47B | $1.32B | $1.26B | $1.22B | $1.40B |
| High Forecast | $1.77B | $2.03B | $2.05B | $1.73B | $1.64B | $1.91B | $1.92B | $1.61B | $1.57B | $1.80B | $1.84B | $1.96B | $1.53B | $1.79B | $1.78B | $1.79B | $1.96B | $1.68B | $1.75B | $1.62B | $1.38B | $1.48B | $1.56B | $1.20B | $1.26B | $1.47B | $1.32B | $1.51B | $1.22B | $1.40B |
| Low Forecast | $1.71B | $1.97B | $1.99B | $1.67B | $1.59B | $1.85B | $1.86B | $1.58B | $1.53B | $1.80B | $1.84B | $1.31B | $1.50B | $1.71B | $1.72B | $1.19B | $1.30B | $1.68B | $1.75B | $1.08B | $1.38B | $1.48B | $1.56B | $797.15M | $1.26B | $1.47B | $1.32B | $1.01B | $1.22B | $1.40B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | - | 1.01% | 1.14% | 0.96% | 0.91% | 0.87% | 1.04% | 1.04% | 0.93% | 0.92% | 1.33% | 1.17% | 0.96% | 0.98% | 1.04% | 1.11% | 0.96% |
Sherwin-Williams Company's average Quarter SG&A projection for Mar 24 is $1.64B, based on 4 Wall Street analysts, with a range of $1.31B to $1.96B. The forecast indicates a -11.79% fall compared to SHW last annual SG&A of $1.86B (Dec 23).
Sherwin-Williams Company EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 11 | 5 | 4 | 4 | 5 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.40 | - | $3.10 | $1.86 | $1.50 | $2.66 | $2.24 | $1.43 | $1.17 | $1.92 | $2.47 | $1.54 | $1.51 | $2.60 | $2.20 | $1.18 | $0.90 | $2.09 |
| Avg Forecast | $2.86 | $4.46 | $4.69 | $2.76 | $2.45 | $3.92 | $4.05 | $2.33 | $2.07 | $3.55 | $3.49 | $2.22 | $1.80 | $2.78 | $2.70 | $1.79 | $1.86 | $2.56 | $2.77 | $1.54 | $1.68 | $2.11 | $2.67 | $1.64 | $1.62 | $2.60 | $1.90 | $1.31 | $1.46 | $2.16 |
| High Forecast | $2.92 | $4.55 | $4.78 | $2.82 | $2.50 | $4.00 | $4.13 | $2.39 | $2.15 | $3.55 | $3.49 | $2.22 | $1.92 | $3.05 | $2.75 | $1.83 | $1.91 | $2.56 | $2.77 | $1.60 | $1.68 | $2.11 | $2.67 | $1.64 | $1.62 | $2.60 | $1.90 | $1.31 | $1.46 | $2.16 |
| Low Forecast | $2.80 | $4.37 | $4.60 | $2.71 | $2.40 | $3.85 | $3.97 | $2.26 | $2.00 | $3.54 | $3.49 | $2.22 | $1.75 | $2.47 | $2.64 | $1.76 | $1.81 | $2.56 | $2.77 | $1.49 | $1.68 | $2.11 | $2.67 | $1.64 | $1.62 | $2.60 | $1.90 | $1.31 | $1.46 | $2.16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | - | 1.15% | 1.04% | 0.81% | 1.04% | 0.81% | 0.93% | 0.69% | 0.91% | 0.92% | 0.94% | 0.94% | 1.00% | 1.16% | 0.90% | 0.62% | 0.97% |
According to 4 Wall Street analysts, Sherwin-Williams Company's projected average Quarter EPS for Mar 24 is $2.22, with a low estimate of $2.22 and a high estimate of $2.22. This represents a 58.68% increase compared to SHW previous annual EPS of $1.40 (Dec 23).
Sherwin-Williams Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ALB | Albemarle | $104.03 | $184.55 | 77.40% | Buy |
| PPG | PPG Industries | $123.42 | $160.65 | 30.17% | Buy |
| IFF | International Flavors & Fragrances | $86.61 | $109.46 | 26.38% | Buy |
| LYB | LyondellBasell Industries | $83.20 | $101.65 | 22.18% | Hold |
| EMN | Eastman Chemical Company | $104.01 | $109.61 | 5.38% | Buy |
| ECL | Ecolab | $245.97 | $253.25 | 2.96% | Buy |
| APD | Air Products and Chemicals | $327.89 | $319.56 | -2.54% | Buy |
| LIN | Linde | $448.57 | $426.24 | -4.98% | Buy |
| SHW | Sherwin-Williams Company | $375.35 | $354.89 | -5.45% | Buy |
| RPM | RPM | $136.80 | $123.91 | -9.42% | Hold |