RPM International Inc

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 (RPM) reported record first-quarter revenue in fiscal 1Q18.

As of October 11, 2016, Wall Street analysts are expecting PPG Industries (PPG) to post a net profit margin of 10.9%.

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’ (PPG) stock performance from November 1, 2016, to December 29, 2016, has been very mild, with a return of 1.6%.

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 (SHW) will be reporting its 3Q16 earnings on October 25, 2016, before the market opens.

On September 7, 2016, Valspar (VAL) reported its 3Q16 earnings after market hours. Here’s what you need to know.

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.

In a press release of November 21, Axalta (AXTA) announced that Michael Finn, the company’s general counsel, stepped down.

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 […]

The latest short interest report on September 15 indicated that Sherwin-Williams’s (SHW) short interest reached a one-month high.

RPM International’s (RPM) Specialty segment has the lowest revenue share in RPM’s overall revenue.

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 (PPG) reported adjusted EPS of $1.19 in 4Q16, meeting the Wall Street analysts’ estimate of $1.19 adjusted earnings per share.

As of October 6, 2016, RPM International was trading at a one-year forward PE multiple of 17.5x.

PPG Industries (PPG) announced that its PPG COMEX division opened a new distribution center in Guadalajara, Mexico.

Analysts expect PPG Industries (PPG) to post revenues of $3.68 billion in its first-quarter earnings release.

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.

In a press release on April 3, PPG Industries (PPG) said that it has increased the prices of its automotive refinish products in China.

In a press release on March 19, PPG Industries (PPG) announced that it appointed Emily Elizer as the director of government affairs.

On February 25, PPG Industries (PPG) announced that it signed a multiyear corporate marketing agreement with the Oakland Raiders.

On February 19, PPG Industries (PPG) announced it will be investing $10 million to construct a new facility in Greenville, South Carolina.

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 (PPG) announced its fourth-quarter earnings results before the market opened on January 17, 2019.

In a press release on January 15, Sherwin-Williams (SHW) announced its preliminary fourth-quarter sales numbers and fiscal 2018 earnings.

PPG Industries (PPG) announced its fourth-quarter earnings results today before the market opened.

Wall Street analysts expect PPG Industries (PPG) to post revenues of $3.65 billion in its fourth-quarter earnings release.

PPG Industries announced its third-quarter earnings on October 18. Since then, the stock has gained 2.0% as of January 15.

On January 10, Axalta (AXTA) choose ‘Sahara,’ a golden bronze tone, as the 2019 automotive color of the year.

On January 9, PPG Industries (PPG) announced the introduction of SPECTRACRON 385 POLY-IOTHANE—a solid primer.

Among the analysts tracking RPM International, 46% recommended a “buy,” 39% recommended a “hold,” and 15% recommended a “sell.”

RPM International has been generating positive free cash flows. RPM International’s free cash flows can support the current dividend growth.

Despite positive news from PPG Industries, the stock price declined 3.8% and closed at $96.32 for the week ending December 21.

On December 17, RPM International (RPM) announced that its Rust-Oleum Group acquired Siamons International.

On December 21, Axalta (AXTA) announced that it entered into a collaboration with Allure Industries.

In a press release on December 14, PPG Industries announced that it has entered into a definitive agreement to acquire Whitford Worldwide.

On December 6, Axalta (AXTA) announced that it received approval from Porsche to use Axalta’s three premium refinish brands.

On December 3, PPG Industries (PPG) announced that it completed the acquisition of SEM Products.

In a press release on December 3, PPG Industries (PPG) announced that it will increase industrial coating prices 10%.

On November 27, PPG Industries announced that it entered a multiyear agreement with Lomon Billions to supply chloride and sulfate-based titanium dioxide.

On November 20, PPG Industries (PPG) announced that it received Uni-Select’s 2018 Diamond Award.

On November 12, PPG Industries (PPG) announced that it has entered into an agreement with Powercast.

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.

On October 25, Sherwin-Williams (SHW) announced its third-quarter earnings results. SHW reported adjusted EPS of $5.68.

PPG Industries (PPG) announced its Q3 2018 earnings before the market opened on October 18. It reported adjusted EPS of $1.45.

PPG Industries (PPG) announced its third-quarter earnings today before the market opened.

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.

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.

As of September 25, Sherwin-Williams has gained 12.6% year-to-date and has outperformed the broader market representative S&P 500 (SPY).

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

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.

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 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%.

On August 29, PPG Industries (PPG) announced plans to build a new paint and coatings research and development center in Tianjin, China.

PPG Industries stock declined and closed at $108.42 for the week ending August 17. PPG Industries stock has been struggling in 2018.

The latest short interest data from July 31 indicate that PPG Industries’ short interest has been increasing since the beginning of 2018.

Axalta (AXTA) stock closed at $30.03 and declined ~1.1% for the week ended August 10.

Sherwin-Williams reported record second-quarter revenue of $4.77 billion in Q2 2018, implying growth of 27.8% over Q2 2017.

PPG Industries (PPG) announced its Q2 2018 earnings before the market opened on July 19. It reported adjusted EPS of $1.90.

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

On July 11, PPG Industries (PPG) announced that its portfolio with Airbus has been extended.

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.

On May 24, PPG Industries’ aerospace segment received clearance for exterior paint systems from Pilatus Aircraft for all of its production aircraft.

PPG Industries (PPG) announced its 1Q18 earnings before the market opened on April 19. What happened?

RPM International’s (RPM) Consumer segment is the second-biggest contributor to RPM’s overall revenue.

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 (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.

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.

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.

On March 19, 2018, RPM International (RPM) announced that it acquired Miracle Sealants Company.

PPG Industries announced that it will increase the prices of some of its coatings products that are supplied to automotive OEM customers.

On March 22, 2018, Axalta (AXTA) announced that it opened a new color solutions center in Frankfurt, Germany.

On March 5, 2018, Axalta (AXTA) announced that it acquired a manufacturing and distribution facility in Sacramento, California.

Edward J. Voorhees III, Rust-Oleum North America’s president, replaced Thomas E. Reed as Rust-Oleum Group’s CEO on March 1, 2018.

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 (PPG) announced that its PPG CA7088 fuel tank coating was upgraded to meet the SAE International’s aerospace specifications.

Sherwin-Williams (SHW) gained 0.9% and closed at $402.30 for the week ended February 16, 2018.

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 (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.

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.

For RPM International, 54% of the analysts recommended a “buy,” 46% recommended a “hold,” and none of the analysts recommended a “sell.”

RPM International is set to pay its first dividend for 2018. It’s expected to pay the first quarter dividend on January 31, 2018.

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.

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.

Sherwin-Williams’ rising debt has resulted in an increase in interest expenses.

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%.

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 […]

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.

On December 4, 2017, RPM International (RPM) announced that it has acquired Whink Products via its business group Rust-Oleum.

On a year-to-date basis, PPG stock has risen 22.3% and has outperformed the broad-based SPDR S&P 500 ETF (SPY).

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.

So far in 2017, Sherwin-Williams (SHW) has had a good run. As of November 16, 2017, the stock has risen 44.4%.

On November 6, 2017, Axalta Coating Systems (AXTA) announced that it will be expanding its portfolio in the industrial market.

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.

On October 9, 2017, PPG Industries’ (PPG) glass-faced acrylic windshields received Parts Manufacturer Approval from the Federal Aviation Administration.

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%.