Latest Valspar Corp News and Updates
Porter’s 5 Forces: Lowe’s Position in a Competitive Industry
Lowe’s (LOW) operates in the home improvement industry where most products, especially building materials, are largely standardized and undifferentiated.
Why PPG Industries Is Trading at a Discount to Peers
At present, PPG is trading at a discount to SHW primarily due to the acquisition of Valspar (VAL).
Axalta Completed the Acquisition of Valspar’s Business
On June 1, 2017, Axalta (AXTA) announced that it completed the acquisition of Valspar’s (VAL) North American Industrial Wood Coatings business.
Why PPG Industries’ Dividend Yield Is in a Downward Trend
PPG has a better current dividend yield than its peers, with the exception of RPM.
Should RPM Increase Dividends to Maintain Better Dividend Yields?
On April 13, 2017, RPM International (RPM) stock closed at $49.94.
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.
Is PPG Industries’ Dividend Yield Better Than Its Peers?
On March 1, 2017, PPG stock closed at $103.29. With a 1Q17 quarterly dividend of $0.40 per share, its current dividend yield is ~1.6%.
Analysts’ Latest Recommendations for Sherwin-Williams
As of February 27, 21 brokerage firms were actively tracking Sherwin-Williams stock—57% gave it a “buy,” 38% gave it a “hold,” and 5% gave it a “sell.”
Why Is Sherwin-Williams’ Dividend Yield Falling?
The fall in Sherwin-Williams’ dividend yield is primarily due to an increase in its share price. Sherwin-Williams’ share price outpaced its dividend growth.
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 Valspar Missed Analysts’ 4Q16 Revenue Estimates
Valspar (VAL) not only missed analysts’ 4Q16 earnings estimates, but it also missed analysts’ revenue estimates. Its total reported revenue was $1.1 billion.
Here’s Valspar’s 4Q16 Earnings: Beat or Miss?
On Tuesday, December 20, 2016, Valspar (VAL) reported its 4Q16 earnings before the market opened. It reported adjusted EPS (earnings per share) of $1.37.
Axalta’s Stock Price Spikes as It Plans a Rapid Expansion
On December 6, 2016, Axalta (AXTA) introduced its new Procor HP line in Mexico and Central America.
Why Valuations for Sherwin-Williams Are Higher Than Its Peers
As of December 2, 2016, Sherwin-Williams’s one-year forward EV-to-EBITDA stood at 11.9x, while PPG’s was 10.4x.
Sherwin-Williams Stock Outperformed Broader Market in November
Sherwin-Williams (SHW) stock had a strong performance in November, closing at $268.67 and rising a whopping 9.7%.
PPG Industries Now Completely Owns PPG Univer
On November 11, PPG Industries announced that it had bought the remaining 50% ownership in PPG Univer from Univer Italiana, its partner in the joint venture.
Axalta’s New Metallic Color Gives More Options to Customers
On October 5, 2016, Axalta announced the introduction of its new architectural-grade Alesta AR400 champagne metallic color.
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.
Why Did H.B. Fuller Miss 3Q16 Revenue Estimates?
Analysts had estimated that H.B. Fuller’s (FUL) 3Q16 revenue would be $534.8 million, but it came in at $512.9 million.
Chemours Inaugurates New TiO2 Production Line at Altamira in Mexico
On September 22, Chemours inaugurated its new Tio2, which is used as raw material for coatings and paints, production line at its Altamira plant in Mexico.
Axalta Coating Systems Prices Its 450 Million Euro Senior Notes
On September 13, Axalta Coating Systems (AXTA) announced that its wholly owned subsidiary, Axalta Coating Systems Dutch Holding BBV, has priced its offering of 450 million euro senior notes. With a 3.75% coupon rate, the notes are being offered to qualified institutional buyers, and the offer is expected to close on September 27.
Why Did Valspar’s Coatings Segment Revenue Fall in 3Q16?
Valspar (VAL) reports its revenue under two segments, namely: the coatings segment and paints segment.
Why Did Valspar Miss 3Q16 Analyst Revenue Estimates?
Valspar’s (VAL) 3Q16 earnings beat analysts’ estimates but missed analysts’ revenue estimates.
Understanding PPG’s Formation through a Review of Its History
PPG Industries (PPG) is a Fortune 500 company and the world’s largest paint and coatings company by revenue. In 2015, its coatings segment posted $14.2 billion.
Post Properties and Mid-America: Exceptions in the MAE Clause
Pretty much anything that has a material adverse effect on a company will be considered an MAE, although there are exceptions to that rule.
MAE Clause: How Mid-America Could Walk Away from the Deal
We’ll look at the MAE clause of the Post Properties and Mid-America Apartment merger agreement. We’ll see how Mid-America could walk away from the deal.
How Could TIAA Walk Away from the Deal?
We’ll look at the MAE (material adverse effect) clause of the Everbank (EVER)-TIAA merger agreement and see how TIAA could walk away from the deal.
Why FMC’s Health and Nutrition Segment’s Revenue Fell in 2Q16
In 2Q16, FMC Corporation’s (FMC) Health and Nutrition segment reported revenue of $195 million, representing 24.1% of FMC’s total revenue.
What’s the Rationale for the TIAA-Everbank Merger?
Everbank is a major player in the mortgage origination space. TIAA is looking to take some of that mortgage origination and put it on its balance sheet.
What’s the Rationale for the Valspar and Sherwin-Williams Merger?
Sherwin-Williams is buying coatings manufacturer Valspar in a $11.3 billion cash transaction. The companies stress that this is a complementary transaction.
Understanding the Business Models of Specialty Chemical Companies
Companies in the specialty chemical industry have fewer intermediaries in their distribution range as they move from coatings to more specialized chemicals.
Assessing Returns in the Specialty Chemical Industry
The proprietary products and processes developed by specialty chemical firms command a premium and have enabled companies to post high returns on capital.
What You Need to Know before Investing in Paint Companies
Even when the house not for sale, the aesthetic appeal of new paint on a house is a strong motivator for repainting, making it a recurring activity.
Why Paint Companies Are Posting Their Best Gross Margins
Paint companies benefit significantly when titanium dioxide prices enter recessionary cycles.
Introducing the Specialty Chemicals Industry: What You May Not Yet Know
The specialty chemicals industry caters to diverse sectors through innovative products that are tailored to the specific requirements of end markets.