NEW YORK ( TheStreet) -- Sherwin-Williams Company (NYSE: SHW) hit a new 52-week high Monday as it is currently trading at $108.37, above its previous 52-week high of $108.24 with 41,881 shares traded as of 9:40 a.m. ET. Average volume has been 956,700 shares over the past 30 days. Sherwin-Williams has a market cap of $9.9 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 20.5% year to date as of the close of trading on Friday. The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean region, Europe, and Asia. The company has a P/E ratio of 25.9, above the average materials & construction industry P/E ratio of 20.4 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Sherwin-Williams as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Sherwin-Williams Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.