RPM International Inc
How RPM International’s Valuation Compares
Forward price-to-earnings ratio Previously, we discussed analysts’ views on RPM International (RPM). In this part, we’ll compare RPM’s forward PE (price-to-earnings) ratio with peers’. As of December 20, 2017, RPM’s one-year forward PE ratio stood at 17.5x, while peer PPG Industries (PPG) had a PE ratio of 17.6x. Forward PE ratios consider a company’s estimated EPS (earnings […]
RPM International Reports Strong Revenue Growth in Fiscal 1Q18
RPM International (RPM) reported record first-quarter revenue in fiscal 1Q18.
Why Analysts Think PPG Industries’ 3Q Net Profit Margin Fell
As of October 11, 2016, Wall Street analysts are expecting PPG Industries (PPG) to post a net profit margin of 10.9%.
How Did H.B. Fuller Perform Compared with Its Peers in 3Q15?
H.B. Fuller was outperformed by its peers based on the net profit margin, EPS, and PBV ratio. However, H.B. Fuller is way ahead of its peers based on the PE ratio.
PPG Industries’ Stock Price Is Still Under Pressure Post-3Q16
PPG Industries’ (PPG) stock performance from November 1, 2016, to December 29, 2016, has been very mild, with a return of 1.6%.
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.
Could Sherwin-Williams Deliver Revenue Growth in 3Q16?
Sherwin-Williams (SHW) will be reporting its 3Q16 earnings on October 25, 2016, before the market opens.
Valspar’s 3Q16 Earnings Beat Analysts’ Estimates
On September 7, 2016, Valspar (VAL) reported its 3Q16 earnings after market hours. Here’s what you need to know.
PPG Industries Stock Rose, Revenue Beat Analysts’ Estimate
PPG Industries announced its 3Q17 earnings on October 19 before the markets opened. It reported revenue of $3.77 billion—an increase of 3.0% on a YoY basis.
Axalta’s General Counsel Stepped Down
In a press release of November 21, Axalta (AXTA) announced that Michael Finn, the company’s general counsel, stepped down.
Earnings per Share: What’s Expected from RPM International
RPM International’s adjusted earnings estimates As of December 20, 2017, analysts expect RPM International (RPM) to report adjusted EPS (earnings per share) of $0.59 in fiscal 2Q18—an increase of approximately 13.5% YoY (year-over-year). In fiscal 2Q17, RPM International reported adjusted EPS of $0.59. The projected EPS increase is expected to be driven by positive foreign currency translation […]
Why Sherwin-Williams’s Short Interest Is Rising Again
The latest short interest report on September 15 indicated that Sherwin-Williams’s (SHW) short interest reached a one-month high.
Why RPM International’s Specialty Segment Earnings Margin Expanded
RPM International’s (RPM) Specialty segment has the lowest revenue share in RPM’s overall revenue.
Axalta Increases Tufcote Portfolio with New Launches
On October 16, 2017, Axalta Coating Systems (AXTA) added Tufcote Hydro 2.1 HG and Tufcote Hydro LV HG waterborne acrylic products to expand its Tufcote portfolio.
PPG Industries’ 4Q16 EPS versus Street Expectations and Forex Impact
PPG Industries (PPG) reported adjusted EPS of $1.19 in 4Q16, meeting the Wall Street analysts’ estimate of $1.19 adjusted earnings per share.
How Do RPM’s Valuations Look after Fiscal 1Q17?
As of October 6, 2016, RPM International was trading at a one-year forward PE multiple of 17.5x.
PPG COMEX Opens a New Distribution Center in Guadalajara
PPG Industries (PPG) announced that its PPG COMEX division opened a new distribution center in Guadalajara, Mexico.
Will PPG Industries’ Q1 Revenues Fall?
Analysts expect PPG Industries (PPG) to post revenues of $3.68 billion in its first-quarter earnings release.
PPG Has a New Vice President and Chief Digital Officer
In a press release on April 8, PPG Industries announced that it has appointed Devashish Saxena as its new vice president and chief digital officer.
PPG: Higher Prices for Automotive Refinish Products in China
In a press release on April 3, PPG Industries (PPG) said that it has increased the prices of its automotive refinish products in China.
PPG Industries Appoints a Director of Government Affairs
In a press release on March 19, PPG Industries (PPG) announced that it appointed Emily Elizer as the director of government affairs.
PPG Industries: Paint Partnership with the Oakland Raiders
On February 25, PPG Industries (PPG) announced that it signed a multiyear corporate marketing agreement with the Oakland Raiders.
PPG Industries Announced $10 Million Investment in Greenville
On February 19, PPG Industries (PPG) announced it will be investing $10 million to construct a new facility in Greenville, South Carolina.
PPG Industries Announced Its First-Quarter Dividend
On January 17, PPG Industries (PPG) announced the dividend for the first quarter of 2019. The board declared a dividend of $0.48 per share.
PPG Industries’ Q4 Earnings Beat the Street—Stock Rises
PPG Industries (PPG) announced its fourth-quarter earnings results before the market opened on January 17, 2019.
Sherwin-Williams: Preliminary Q4 Sales and Fiscal Earnings
In a press release on January 15, Sherwin-Williams (SHW) announced its preliminary fourth-quarter sales numbers and fiscal 2018 earnings.
PPG Stock Is Up on Its Q4 Earnings Beat
PPG Industries (PPG) announced its fourth-quarter earnings results today before the market opened.
PPG Industries’ Q4 Revenues Are Expected to Be Flat
Wall Street analysts expect PPG Industries (PPG) to post revenues of $3.65 billion in its fourth-quarter earnings release.
How Has PPG Stock Performed since Its Q3 Earnings?
PPG Industries announced its third-quarter earnings on October 18. Since then, the stock has gained 2.0% as of January 15.
Axalta: ‘Sahara’ Is the 2019 Automotive Color of the Year
On January 10, Axalta (AXTA) choose ‘Sahara,’ a golden bronze tone, as the 2019 automotive color of the year.
PPG Industries Launched a New Polyurethane Primer
On January 9, PPG Industries (PPG) announced the introduction of SPECTRACRON 385 POLY-IOTHANE—a solid primer.
RPM International: Analysts’ Recommendations
Among the analysts tracking RPM International, 46% recommended a “buy,” 39% recommended a “hold,” and 15% recommended a “sell.”
RPM International’s Free Cash Flow Trend
RPM International has been generating positive free cash flows. RPM International’s free cash flows can support the current dividend growth.
Update: PPG Industries’ Executive Moves
Despite positive news from PPG Industries, the stock price declined 3.8% and closed at $96.32 for the week ending December 21.
RPM International Acquired Siamons International
On December 17, RPM International (RPM) announced that its Rust-Oleum Group acquired Siamons International.
Axalta Entered a Collaboration with Allure Industries
On December 21, Axalta (AXTA) announced that it entered into a collaboration with Allure Industries.
PPG Industries to Acquire Whitford Worldwide
In a press release on December 14, PPG Industries announced that it has entered into a definitive agreement to acquire Whitford Worldwide.
Porsche Approved Axalta’s Three Premium Brands
On December 6, Axalta (AXTA) announced that it received approval from Porsche to use Axalta’s three premium refinish brands.
PPG Completes the SEM Products Acquisition
On December 3, PPG Industries (PPG) announced that it completed the acquisition of SEM Products.
PPG Industries Plans to Increase Industrial Coating Prices
In a press release on December 3, PPG Industries (PPG) announced that it will increase industrial coating prices 10%.
PPG Expands Agreement with Lomon Billions
On November 27, PPG Industries announced that it entered a multiyear agreement with Lomon Billions to supply chloride and sulfate-based titanium dioxide.
PPG Industries Received Awards Last Week
On November 20, PPG Industries (PPG) announced that it received Uni-Select’s 2018 Diamond Award.
PPG Industries Announced a Partnership with Powercast
On November 12, PPG Industries (PPG) announced that it has entered into an agreement with Powercast.
Home Depot Names PPG as Its Paint Supplier Partner of the Year
On October 22, a PPG Industries press release said that PPG had been awarded Home Depot’s Supplier Partner of the Year award in the paint category.
Why Sherwin-Williams Stock Fell 8% Last Week
On October 25, Sherwin-Williams (SHW) announced its third-quarter earnings results. SHW reported adjusted EPS of $5.68.
PPG’s Q3 2018 Adjusted EPS Meets Expectations, Stock Rises
PPG Industries (PPG) announced its Q3 2018 earnings before the market opened on October 18. It reported adjusted EPS of $1.45.
PPG Industries Meets Third-Quarter Expectations
PPG Industries (PPG) announced its third-quarter earnings today before the market opened.
PPG Industries’ Short Interest Could Increase after Its Earnings
In terms of PPG Industries’ number of shares, the short interest was 6.0 million. The company’s average trading volume is 1.65 million shares.
Sherwin-Williams’s Valuation Compared to Its Peers
Analysts expect Sherwin-Williams’s adjusted EPS for the next four quarters to be ~$20.84, which implies an increase of 21.10% over the previous year.
What’s Driving Sherwin-Williams’s Stock Performance?
As of September 25, Sherwin-Williams has gained 12.6% year-to-date and has outperformed the broader market representative S&P 500 (SPY).
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.
Sherwin-Williams’s Free Cash Flow Could Reduce the Debt
Sherwin-Williams has been generating strong free cash flows. Since 2012, Sherwin-Williams has generated an average free cash flow of ~$835 million per year.
Is Sherwin-Williams’s Debt Getting Better or Worse?
At the end of the second quarter, Sherwin-Williams’s (SHW) debt was at $10.37 billion—marginally lower compared to the debt at the end of 2017.
RPM International Acquired Nudura
RPM International stock gained 0.6% and closed at $67.39 for the week ending September 14. On a YTD basis, RPM International has gained 28.6%.
PPG to Build New Research and Development Center in China
On August 29, PPG Industries (PPG) announced plans to build a new paint and coatings research and development center in Tianjin, China.
PPG’s Dulux Paints Selects the 2019 Colors of the Year
PPG Industries stock declined and closed at $108.42 for the week ending August 17. PPG Industries stock has been struggling in 2018.
Why Short Interest in PPG Industries Is on the Rise
The latest short interest data from July 31 indicate that PPG Industries’ short interest has been increasing since the beginning of 2018.
Axalta Launches New Glass and Ceramic Coatings—Eleglas
Axalta (AXTA) stock closed at $30.03 and declined ~1.1% for the week ended August 10.
Sherwin-Williams Stock Rises on Strong Q2 2018 Earnings
Sherwin-Williams reported record second-quarter revenue of $4.77 billion in Q2 2018, implying growth of 27.8% over Q2 2017.
PPG’s Q2 Adjusted EPS Beats Estimates, Stock Marginally Lower
PPG Industries (PPG) announced its Q2 2018 earnings before the market opened on July 19. It reported adjusted EPS of $1.90.
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.
Airbus Qualifies PPG’s Desothane HD 9008 Mica Basecoat-Clearcoat
On July 11, PPG Industries (PPG) announced that its portfolio with Airbus has been extended.
Axalta Launches Spies Hecker Permacron 257
On June 17, Axalta closed at $31.0 and declined ~2.7%. IYM, which held 1.1% in Axalta on June 15, also fell ~1.6% for the week and closed at $102.17.
PPG Industries Gets Clearance from Pilatus Aircraft
On May 24, PPG Industries’ aerospace segment received clearance for exterior paint systems from Pilatus Aircraft for all of its production aircraft.
PPG Industries’ Earnings Miss and Accounting Issues
PPG Industries (PPG) announced its 1Q18 earnings before the market opened on April 19. What happened?
Why RPM’s Consumer Earnings Margins Narrowed
RPM International’s (RPM) Consumer segment is the second-biggest contributor to RPM’s overall revenue.
Why RPM’s Industrial Segment Grew in Fiscal 3Q18
RPM International’s (RPM) Industrial segment has been the largest contributor to RPM’s overall revenue, comprising 51.6% of revenue in fiscal 3Q18 and 51.0% in fiscal 3Q17.
RPM International Reports Record 3rd-Quarter Revenue in 3Q18
RPM International (RPM) reported record third-quarter revenue in fiscal 3Q18, with revenue rising 7.8% YoY (year-over-year) to $1.1 billion from $1.02 billion in fiscal 3Q17.
What’s RPM International’s Short Interest?
The latest short interest report as of March 15, 2018, indicates that RPM International’s (RPM) short interest has increased since the beginning of 2018.
Analyzing RPM International’s Stock Performance
In a press release on March 15, RPM International said that it will announce its fiscal 3Q18 earnings on April 5, 2018, before the market opens.
RPM International Acquires Miracle Sealants Company
On March 19, 2018, RPM International (RPM) announced that it acquired Miracle Sealants Company.
PPG Industries: Higher Prices for Automotive OEM Coatings
PPG Industries announced that it will increase the prices of some of its coatings products that are supplied to automotive OEM customers.
Axalta Opened a New Color Solutions Center in Frankfurt
On March 22, 2018, Axalta (AXTA) announced that it opened a new color solutions center in Frankfurt, Germany.
Axalta Plans to Expand Its Capacity
On March 5, 2018, Axalta (AXTA) announced that it acquired a manufacturing and distribution facility in Sacramento, California.
RPM International Changes Rust-Oleum Group’s CEO
Edward J. Voorhees III, Rust-Oleum North America’s president, replaced Thomas E. Reed as Rust-Oleum Group’s CEO on March 1, 2018.
Lowe’s Discontinues PPG’s OLYMPIC Brand Paints and Stains
On February 27, 2018, Lowe’s (LOW) announced that it won’t continue to sell PPG Industries’ (PPG) OLYMPIC brand paints and stains in its stores.
PPG Industries’ Aerospace Coating Upgraded to SAE Standard
PPG Industries (PPG) announced that its PPG CA7088 fuel tank coating was upgraded to meet the SAE International’s aerospace specifications.
Sherwin-Williams Sweetened Its Cash Dividend on February 14
Sherwin-Williams (SHW) gained 0.9% and closed at $402.30 for the week ended February 16, 2018.
PPG Industries to Exhibit Its Portfolio at LBM Expo
The global sell-off in the week ended February 9 impacted PPG Industries (PPG). PPG stock fell 2.8% and closed at $112.37 for the week.
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.
PPG Industries: Stock Performance since Its 3Q17 Earnings
On December 28, 2017, PPG Industries (PPG) said that it will announce its 4Q17 and fiscal earnings on January 18, 2018, before the market opens.
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.”
RPM International’s Latest Dividend: All the Key Dates
RPM International is set to pay its first dividend for 2018. It’s expected to pay the first quarter dividend on January 31, 2018.
Will RPM International’s Dividend Yield Be Steady?
Since 2014, RPM International’s dividend yield has largely been above 2.0%. Its dividend has been stable due to good growth in the dividend rate.
PPG Industries to Acquire ProCoatings
On January 2, 2018, PPG Industries (PPG) announced that it had entered a definitive agreement to acquire ProCoatings, a Netherlands-based wholesaler that specializes in architectural paint and coatings.
Can Sherwin-Williams’ Interest Coverage Ratio Find Its Way Back Up?
Sherwin-Williams’ rising debt has resulted in an increase in interest expenses.
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 […]
Could RPM International Stock End 2017 on a Positive Note?
According to a press release on December 11, 2017, RPM International (RPM) is set to announce its fiscal 2Q18 earnings on January 4, 2018, before the market opens.
RPM International Acquires Whink Products
On December 4, 2017, RPM International (RPM) announced that it has acquired Whink Products via its business group Rust-Oleum.
Can PPG Industries’ Stock Price Paint a Better Picture?
On a year-to-date basis, PPG stock has risen 22.3% and has outperformed the broad-based SPDR S&P 500 ETF (SPY).
Axalta Ends Talks with Akzo Nobel, Starts Merger with Nippon
On November 21, 2017, Axalta announced that it backed out of the possible merger with Akzo Nobel. The companies couldn’t agree on the merger terms.
Here’s What’s Driving Sherwin-Williams Stock
So far in 2017, Sherwin-Williams (SHW) has had a good run. As of November 16, 2017, the stock has risen 44.4%.
Axalta Expands Industrial Market Range, Explores New Markets
On November 6, 2017, Axalta Coating Systems (AXTA) announced that it will be expanding its portfolio in the industrial market.
Sherwin-Williams’s Stock Performance in 2017 so Far
Sherwin-Williams (SHW) announced that it would release its 3Q17 earnings on October 24 before the market opens. Here’s what you need to know.
PPG Industries: Windshield Receives Parts Manufacturer Approval
On October 9, 2017, PPG Industries’ (PPG) glass-faced acrylic windshields received Parts Manufacturer Approval from the Federal Aviation Administration.
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%.