RPM International Inc
Latest RPM International Inc News and Updates
PPG Launches Powercron 160 Electrocoat in North America
On March 12, PPG Industries (PPG) announced the launch of its Powercron 160 electrocoat in North America.
PPG Industries: Investment and Stock Price Update
Due to continued weakness in the market, PPG Industries stock fell 3.0% and closed at $100.14 for the week ending December 14.
Analyzing Sherwin-Williams’s Ability to Service Its Debt
Sherwin-Williams’s (SHW) interest expense has increased significantly due to borrowings for the Valspar acquisition.
PPG Industries Stock since Its Q1 2018 Earnings
PPG Industries (PPG) has announced that it will announce its second-quarter earnings on July 19 before the market opens.
PPG Industries Stock Soars as 4Q17 Revenue Beats Estimates
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.
PPG Industries: Short Interest before Its 4Q17 Earnings
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.
Analysts’ Consensus on RPM International
For RPM International, 54% of the analysts recommended a “buy,” 46% recommended a “hold,” and none of the analysts recommended a “sell.”
Sherwin-Williams’ Debt at All Time High: Should Investors Worry?
At the end of 3Q17, Sherwin-Williams (SHW) debt was at an all-time high of $11.0 billion.
PPG Industries Increases Precipitated Silica Product Prices
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%.
What Could Boost RPM International’s Fiscal 2Q18 Revenue
Analysts’ revenue expectations As of December 20, 2017, analysts expected RPM International (RPM) to report revenue of $1.3 billion in fiscal 2Q18. The expected revenue represents growth of 6.7% year-over-year. In fiscal 2Q17, RPM reported revenue of $1.2 billion. Between 2012 and 2017, RPM’s second-quarter revenue grew at a CAGR (compound annual growth rate) of […]
RPM International Increases Its Quarterly Dividend
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%.
Can RPM International Outperform the Analysts’ Revenue Estimate for Fiscal 1Q18?
As of September 25, 2017, analysts have forecasted that RPM will report revenues of $1.32 billion for fiscal 1Q18, which would be a 5.5% rise over fiscal 1Q17.
Sherwin-Williams’ Dividend Yield and Dividend Payout
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.
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.
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.
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.
Ratner Leaves RPM International’s Board of Directors
On February 24, 2017, RPM International (RPM) announced that Charles Ratner would be retiring from RPM’s board of directors after serving the company for 12 years.
RPM International Has Acquired Prime Resins
On January 17, 2017, RPM International (RPM) announced that it has acquired Prime Resins. The acquisition will be integrated into RPM’s USL Group.
RPM International to Acquire SPS Group
On December 21, RPM announced that it has entered an agreement to acquire SPS Group.
What Does Wall Street Think about Valspar?
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.
Why Did RPM’s Fiscal 1Q17 Revenues Miss Analyst Estimates?
RPM International (RPM) reported fiscal 1Q17 revenues of $1.25 billion, which missed analysts’ expectation of $1.30 billion.
RPM International’s Fiscal 1Q17 Earnings Beat Analysts’ Estimates
RPM International reported adjusted EPS (or earnings per share) of $0.83, which beat analysts’ estimate of $0.80.
