Peter Neil
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
More From Peter Neil
International Flavors and Fragrances Launches New Company
IFF fell 0.8% for the week ended June 30, 2017, and closed at $135.00.
What Are Celanese’s Latest Valuations?
As of June 29, 2017, Celanese’s one-year forward PE (price-to-earnings) multiple stood at 12.20x.
Why PPG Industries’ Interest Expense Is in a Declining Trend
In 2015, PPG’s interest expense dropped significantly. At the end of 2014, PPG refinanced $1.7 billion worth of notes that carried coupon rates of 9% and 7.7%, which reduced the interest expense.
Why LyondellBasell Is Trading at a Discount to Peers
As of June 26, 2017, LyondellBasell’s one-year forward PE (price-to-earnings) multiple stood at 8.50x.
Is LyondellBasell Managing Its Interest Expenses Efficiently?
LyondellBasell’s (LYB) interest expense has been steady in the range of $309 million–$352 million since 2013, although debt has risen during the same period.
Understanding the Recent Rise in Chemours Stock
Since the beginning of 2017, Chemours (CC) stock has given a tremendous performance, gaining 66.6% YTD as of June 22.
Chemours to Take New Measures to Eliminate Waste in Fayetteville
Chemours stock fell 1.9% for the week and closed at $36.0. CC stock has been in a downward trend since May.
Why APD’s Latest Valuations Matter
On June 19, 2017, Air Products and Chemicals (APD) was trading at a one-year forward PE ratio of 22.3x Praxair’s one-year forward PE ratio stood at 22.8x.
Where Does IFF’s Valuation Stand Compared to Its Peer?
As of June 15, International Flavors & Fragrances traded at a one-year forward PE ratio of 22.60x—marginally lower than Sensient Technologies.
Analysts’ View on International Flavors & Fragrances
For International Flavors & Fragrances, 33% of the analysts recommended a “buy,” 60% recommended a “hold,” and 7% recommended a “sell.”
PPG Industries Expands Coatings Capacity with New Plant in Russia
On June 16, PPG Industries (PPG) announced the completion of its 45-million-euro paint and coatings facility in Russia’s Lipetsk region.
Grace Signs New License Contract with Hengli Refinery
GRA closed at $70.53 with a fall of 0.2% for the week ended June 16, 2017.
Celanese Raises Product Prices in Europe and Asia
On June 13, 2017, Celanese (CE) increased the prices of methyl isobutyl carbinol (or MIBC) in Europe.
Dow Chemical’s Latest Valuations
As of June 13, 2017, Dow Chemical (DOW) was trading at a one-year forward PE ratio of 14.70x, compared to 10.9x for Eastman Chemical (EMN).
PolyOne Acquired Rutland Holding Company
On June 8, 2017, PolyOne (POL) announced that it acquired Rutland Holding Company. The acquisition will help PolyOne expand its portfolio.
Axalta Completed the Acquisition of Spencer Coatings
Axalta (AXTA) announced its move to acquire United Kingdom–based Spencer Coatings in May. Axalta completed the acquisition.
Praxair in the Crosshairs: Analyst Recommendations and Target Prices
On May 26, of the 20 firms tracking Praxair (PX) stock, about 40.0% recommended “buys,” while 55.0% recommended “holds.”
Are Investors Disappointed with DuPont’s Dividend Rate?
On April 26, 2017, DuPont (DD) declared a dividend of $0.38 per share on its outstanding common stock for fiscal 2Q17. The dividend will be payable on June 12, 2017.
Will Praxair’s 2Q17 Dividend Inspire Investors?
On April 27, 2017, Praxair (PX) announced a dividend of ~$0.79 per share for 2Q17 on the company’s outstanding common stock.
How LyondellBasell’s Dividend Yield Has Changed
On May 25, 2017, LyondellBasell (LYB) stock closed at $80.67. With LYB’s 2Q17 quarterly dividend of $0.90 per share, its current dividend yield is 4.4%.
LyondellBasell to Build Hyperzone Polyethylene Plant
On May 15, 2017, LyondellBasell Industries (LYB) said it’s set to build a polyethylene plant at its La Porte, Texas, facility.
Analysts’ Recommendations for IFF after Its 1Q17 Earnings
As of May 9, about 33% of the analysts recommended a “buy” for International Flavors & Fragrances, 60% recommended a “hold,” and 7% recommended a “sell.”
IFF’s Revenue Broke $800 Million in 1Q17, Missed Estimates
International Flavors & Fragrances (IFF) reported revenue of $828.3 million in 1Q17. For the first time, it broke $800 million in revenue during a quarter.
Why Did IFF’s Earnings Beat Analysts’ Estimates?
International Flavors & Fragrances (IFF) announced its 1Q17 earnings on May 8, 2017, after the market closed. It reported adjusted EPS of $1.52 in 1Q17.
Why Analysts Expect IFF to Post Higher Adjusted EPS in 1Q17
As of May 2, 2017, Wall Street analysts expect International Flavors and Fragrances (IFF) to post adjusted EPS of $1.51, a growth of 2.7% year-over-year as compared to $1.47 in 1Q16.
Dow Chemical’s Latest Valuations Post 1Q17 Earnings
As of April 27, 2017, Dow Chemical (DOW) was trading at a one-year forward PE ratio of 15.4x, compared to Eastman Chemical (EMN) and LyondellBasell (LYB) at 10.9x and 8.9x, respectively.
Dow Chemical’s Consumer Solutions Segment Revenue Rose in 1Q17
Dow Chemical’s (DOW) Consumer Solutions segment reported revenue of $1.6 billion in 1Q17, a 51.7% rise year-over-year compared to $1.1 billion in 1Q16.
How Did DuPont’s Industrial Biosciences Segment Perform in 1Q17?
DuPont’s Industrial Biosciences segment in 1Q17 DuPont’s (DD) Industrial Biosciences segment, its smallest revenue contributor, accounted 4.8% in 1Q17. The segment reported revenue of $368 million in 1Q17, an increase of 4.5% from the $352 million seen in 1Q16. Increased demand of biomaterials for carpeting and new product launches in bioactives boosted sales volumes. However, revenue […]
What Analysts Recommend for Honeywell
On April 24, 2017, 21 brokerage companies were actively tracking Honeywell (HON) stock. 81% of these analysts recommended a “buy” on the stock, and 19% recommended a “hold.”
HON’s Safety and Productivity Solutions Segment Rides High
HON’s SPS segment’s strong performance was primarily driven by the acquisition of Intelligrated.
What Hurt PPG’s Performance Coatings Segment in 1Q17?
PPG Industries’ (PPG) Performance Coatings segment is its largest revenue contributor. The segment accounted for 56.5% of total revenue in 1Q17.
What Are Dow Chemical’s Valuations ahead of 1Q17 Earnings?
As of April 19, 2017, Dow Chemical (DOW) traded at a one-year forward PE ratio of 14.60x.
Why DuPont Trades at a Premium to Its Peers
As of April 18, 2017, DD traded at a one-year forward PE multiple of 20.60x.
What Could Drive Sherwin-Williams’ Revenue Growth in 1Q17?
With Sherwin-Williams (SHW) expected to announce its 1Q17 earnings on April 20, 2017, analysts expect it to post revenue of $2.72 billion in 1Q17, a rise of 5.6% year-over-year (or YOY).
Analysts’ Latest Recommendations for Air Products & Chemicals
As of March 29, 2017, 20 brokerage firms were actively tracking Air Products & Chemicals (APD). About 50.0% of them recommended a “buy” for the stock.
Air Products & Chemicals Stock: 2017 Performance So Far
As of March 29, 2017, Air Products & Chemicals’ (APD) year-to-date stock performance was negative, falling 4.9% to date.
Sherwin-Williams and Valspar Postpone Merger Date
On March 21, 2017, Sherwin-Williams (SHW) and Valspar (VAL) extended the closure date of their merger agreement to June 21 from the previously announced March 21, 2017.
HB Fuller Expands in India with New R&D Center
On March 21, 2017, HB Fuller (FUL) announced that it had officially opened its new business office and research and development center at its Shirwal manufacturing facility in India.
Will IFF’s Current Dividend Yield Worry Investors?
As of March 23, 2017, International Flavors & Fragrances (IFF) stock price closed at $135.07.
What Analysts Recommend for PPG Industries
As of March 23, 2017, 21 brokerage firms were actively tracking PPG Industries (PPG) stock.
Was PPG Industries’ Revised Offer to AkzoNobel Fair?
Considering Akzo’s stock price growth, PPG Industries’ (PPG) revised offer of 90 euros per share seems attractive.
Dow Chemical Trades at a Premium to Its Peers
As of March 21, Dow Chemical (DOW) traded at a one-year forward PE multiple of 15.50x—compared to its peers Eastman Chemical and LyondellBasell.
Analyzing How Dow Chemical Stock Has Performed in 2017
From the beginning of 2017 to March 21, 2017, Dow Chemical (DOW) has been an outstanding performer. It rose 10.20% and outperformed SPY.
Shandong Yuhuang Shengshi Chemical Finalizes Deal with LYB
LyondellBasell is a leading licensor of polyethylene technologies with more than 250 polyolefin process licenses.
What Analysts Think about Praxair
As of March 14, 2017, 21 brokerage firms were tracking Praxair (PX) stock actively.
Celanese Increases Vinyl Acetate Monomer Prices in Asia
On March 7, 2017, Celanese (CE) announced a price increase for VAM (vinyl acetate monomer) in Asia. The increase is effective immediately.
H.B. Fuller Has Another Round of Price Hikes
On March 7, 2016, H.B. Fuller (FUL) announced another round of price hikes for its products. It came on the back of other price hikes the week before.
Can LyondellBasell’s Valuation Come Out of Its Peers’ Shadow?
As of March 9, 2017, LyondellBasell (LYB) was trading at a one-year forward PE (price-to-earnings) multiple of 9.3x.
Analysts’ Latest Recommendations for 3M
As of March 8, 18 brokerage firms were tracking 3M stock—42% of the analysts rated it as a “buy,” 42% rated it as a “hold,” and 16% rated it as a “sell.”
H.B. Fuller Increases Price for Adhesives in North America
On March 3, 2017, H.B. Fuller (FUL) announced price increases for its adhesives in the North American region.
