Sherwin-Williams Stock Hits New 52-Week High (SHW)

NEW YORK ( TheStreet) -- Sherwin-Williams Company (NYSE: SHW) hit a new 52-week high Tuesday as it is currently trading at $119.18, above its previous 52-week high of $119.12 with 196,021 shares traded as of 10:40 a.m. ET. Average volume has been one million shares over the past 30 days.

Sherwin-Williams has a market cap of $11.61 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 32.2% year to date as of the close of trading on Monday.

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 26.5, below the average materials & construction industry P/E ratio of 27 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, increase in net income, solid stock price performance, growth in earnings per share and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Sherwin-Williams Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.