PPG Industries Inc

On March 12, PPG Industries (PPG) announced the launch of its Powercron 160 electrocoat in North America.

Due to continued weakness in the market, PPG Industries stock fell 3.0% and closed at $100.14 for the week ending December 14.

Sherwin-Williams’s (SHW) interest expense has increased significantly due to borrowings for the Valspar acquisition.

PPG Industries (PPG) has announced that it will announce its second-quarter earnings on July 19 before the market opens.

PPG Industries’ (PPG) Industrial Coatings segment is its second reporting segment. The segment represented 42.3% of the company’s total revenue in 4Q17 compared to 42.0% in 4Q16.

PPG Industries (PPG) announced its 4Q17 earnings before the market opened on January 18, 2018. The company reported revenue of $3.68 billion, a rise of 7.9% year-over-year.

As of December 29, PPG Industries’ short interest as a percentage of outstanding shares stood at 2.10%. Its short interest fell from 2.55% as of October 20.

At the end of 3Q17, Sherwin-Williams (SHW) debt was at an all-time high of $11.0 billion.

On December 19, 2017, PPG Industries (PPG) announced that it’s increasing the prices of sodium silicate and all precipitated silica by up to 6%.

On October 5, 2017, RPM International (RPM) announced an increase in its regular quarterly cash dividend of $0.32 per share—a YoY rise of 6.7%.

Sherwin-Williams didn’t make any changes to its quarterly dividend rate. As a result, we can expect its fiscal 2017 dividend to be $3.40 per share.

As of August 25, 2017, PPG Industries’ one-year-forward PE (price-to-earnings) multiple stood at 15.80x.

International Flavors and Fragrances continues to work towards its 2020 vision of increasing its revenue by $500 million by way of acquisitions.

PPG Industries’ Performance Coatings segment is its largest revenue contributor. The segment’s contribution to PPG’s overall revenue fell from 61.8% in 2Q16 to 60.5% in 2Q17.

On March 20, 2016, Sherwin-Williams (SHW) announced that it entered into a definitive agreement to acquire Valspar in an all-cash transaction.

Analysts are expecting PPG Industries (PPG) to post adjusted EPS of $1.84 in 2Q17, which implies a fall of 0.50% YoY.

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.

On June 16, PPG Industries (PPG) announced the completion of its 45-million-euro paint and coatings facility in Russia’s Lipetsk region.

Axalta (AXTA) announced its move to acquire United Kingdom–based Spencer Coatings in May. Axalta completed the acquisition.

PPG Industries’ (PPG) Performance Coatings segment is its largest revenue contributor. The segment accounted for 56.5% of total revenue in 1Q17.

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.

As of March 23, 2017, 21 brokerage firms were actively tracking PPG Industries (PPG) stock.

Considering Akzo’s stock price growth, PPG Industries’ (PPG) revised offer of 90 euros per share seems attractive.

As of March 1, 2017, 22 brokerage firms were actively tracking PPG Industries (PPG) stock. About 64.0% of them have recommended a “buy” for the stock.

As of December 20, 2016, 13 brokerage firms are actively tracking Valspar (VAL)) stock. About 15.0% of those analysts have recommended a “buy” for the stock.

Chemours’ Chemical Solutions segment reported revenue of $182 million in 3Q16, as compared to $295 million in 3Q15, implying a revenue fall of 38.2% YoY.

RPM International (RPM) reported fiscal 1Q17 revenues of $1.25 billion, which missed analysts’ expectation of $1.30 billion.

RPM International reported adjusted EPS (or earnings per share) of $0.83, which beat analysts’ estimate of $0.80.

PPG Industries (PPG) is a leading global player in the paint and coatings segment, operating in 70 global locations. Let’s look at their revenue contributions to PPG.

PPG Industries’ (PPG) coatings segment has been growing at a CAGR of 7.1% since 2010. PPG has been able to increase its revenues basically through acquisitions.

Dow Chemical’s Performance Materials and Chemicals segment is the second largest revenue contributor to its total revenue.

As of July 26, 2016, analysts are expecting Albemarle’s (ALB) net profit margin to be about 13.3% in 2Q16. That compares to 7.3% in 2Q15 and 14.5% in 1Q16.

In 2Q16, PPG Industries’ Performance Coatings segment, the largest revenue contributor, accounted for approximately 57.5% of PPG’s total revenues.

On July 11, Celanese’s forward EV-to-EBITDA ratio stood at 7.5x.

Celanese (CE) will announce its 2Q16 earnings report on July 26, 2016. In this series, we’ll look at the company’s 2016 guidance and valuations, analysts’ expectations, and other factors that could help investors make informed decisions.

Eastman Chemical’s (EMN) Additives & Functional Products segment is the company’s strongest segment. It has grown significantly since 1Q14.

Companies in the specialty chemical industry have fewer intermediaries in their distribution range as they move from coatings to more specialized chemicals.

The proprietary products and processes developed by specialty chemical firms command a premium and have enabled companies to post high returns on capital.

Paint companies benefit significantly when titanium dioxide prices enter recessionary cycles.

The specialty chemicals industry caters to diverse sectors through innovative products that are tailored to the specific requirements of end markets.

Marketing initiatives at Home Depot include Pro Xtra. This program exclusively targets professional customers.