|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||164.81 - 166.97|
|52 Week Range||137.72 - 175.17|
|PE Ratio (TTM)||12.82|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||4.40 (2.66%)|
|1y Target Est||184.00|
For 1Q18, PPG Industries (PPG) reported revenue of $3.78 billion, an increase of 6.2% on a YoY (year-over-year) basis. On a continuing operation basis, PPG’s revenue grew 8.6%. In 1Q17, PPG Industries reported revenue of $3.48 billion on a continuing operation basis. Since 2013, PPG’s revenue has grown at a CAGR (compound annual growth rate) of 2.6%.
Sherwin Williams (SHW) is expected to post adjusted EPS (earnings per share) of $3.17 in 1Q18, an increase of ~39.7% YoY (year-over-year). SHW’s projected increase in adjusted EPS could be driven by higher revenue growth, the continued synergy impact from the Valspar acquisition, and a reduction in effective tax rates. In 1Q17, SHW reported SG&A expenses at 36.8% of the revenues, which implies a gain of 440 basis points on a year-over-year basis.
FRANKFURT/NEW YORK (Reuters) - Gases groups Linde (LIN1.DE) and Praxair (PX.N) have picked second-round bidders for a package of planned divestitures to facilitate their planned $79 billion merger, people close to the matter said. The companies have invited buyout firm CVC, which has tied up with gases group Messer, to make further bids, as well as private equity investors Carlyle (CG.O), Onex (ONEX.TO), Blackstone (BX.N), the sources said, adding that the investors are expected to bid for all assets on offer. Linde and Praxair have put a package of U.S.-based assets up for sale.
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. YoY (year-over-year), its share grew 0.6 percentage points. The segment’s revenue grew 9.2% YoY to $569.2 million in fiscal 3Q18 from $521.4 million in fiscal 3Q17.
Air Products (APD) and Huntsman gathers for a groundbreaking ceremony at Louisiana. The new facility to be built at this site will supply industrial gases to Huntsman.
LEHIGH VALLEY, Pa., April 3, 2018 /PRNewswire/ -- Air Products (APD) and Huntsman jointly gathered today for a groundbreaking ceremony held at the site of what will be Air Products' new steam methane reformer (SMR) and cold box in Geismar, Louisiana. Air Products will build, own and operate the facility under a long-term agreement and industrial gases including carbon monoxide (CO), hydrogen and steam will be produced and supplied to Huntsman's neighboring Geismar operations. The new facility is to be commercially onstream in early 2020. "It is always exciting to break ground for a new world-scale facility, and especially to do so at a location where it will primarily serve a long-standing customer. We have supplied Huntsman with industrial gases at other facilities where they have operations and we are pleased to expand our relationship through this new supply supporting Huntsman at Geismar. The Air Products plant will be state-of-the-art in terms of high reliability and sustainability, with enhanced energy efficiency and reduced emissions," said Corning Painter, executive vice president – Industrial Gases at Air Products.
Air Products (APD) increases supply capacity of its Gulf Coast hydrogen pipeline supply network. The additional supply is being provided by the company's Texas facility which has come online.
LEHIGH VALLEY, Pa., April 2, 2018 /PRNewswire/ -- Air Products (APD), the leading global hydrogen provider, today announced that it has increased the supply capacity of its Gulf Coast hydrogen pipeline supply network by approximately 40 million standard cubic feet per day. The additional product supply results from Air Products' hydrogen production facility in Mont Belvieu, Texas, which is onstream and processing an additional supply of hydrogen-rich off-gas from a propane dehydrogenation plant operated by Enterprise Products Operating LLC, a wholly-owned subsidiary of Enterprise Products Partners L.P. "Air Products continually looks for additional sources of hydrogen to add product supply capacity to our well-established pipeline network system along the Gulf Coast. We had an existing relationship with Enterprise and are pleased to enhance and expand that relationship by processing additional levels of hydrogen-rich off-gas.
Guillermo Novo has visited every country in Europe, Asia, Latin America and North America.
Air Products and Chemicals’ (APD) stock performance has remained muted so far in 2018. APD’s peers Praxair (PX) and Celanese (CE) have fallen 6.8%, and 7.8%, respectively, while Eastman Chemical (EMN) has risen 13.3% in the same period. APD’s stock price reached an all-time high of $174 before it fell to its current level.
Thoughts from Industry Leaders Will Steer Future Direction of China's Petroleum and Chemical Industry LEHIGH VALLEY, Pa. , March 29, 2018 /PRNewswire/ -- With China driving for industrial transformation ...
In comparison, its peer Praxair (PX) has a one-year forward PE of 21.3x. Forward PE is a measure investors can use to compare two or more companies operating in the same industry to tell which is overvalued and which is undervalued.
The industrial gas industry as a whole is well positioned to deliver solid performance and investors looking for exposure to the sector may want to consider Air Products & Chemicals, Inc. (NYSE: APD ), ...
The latest short interest report of March 15, 2018, indicates that Air Products and Chemicals’ (APD) short interest has fallen on a biweekly basis. APD’s short interest as a percentage of its outstanding shares fell from 1.4% on February 28, 2018, to 1.3% on March 15, 2018. However, APD’s short interest has increased since the beginning of 2018, when it was just 0.86%.
Long-term investors love stocks with higher dividend yields because they provide a steady income. A dividend yield is the return investors get for every dollar they invest in a company’s equity during their holding period. On March 27, 2018, APD’s dividend yield was 2.7%, its highest in the past two years on a quarterly basis. Peers Praxair (PX), Eastman Chemical (EMN), and Celanese (CE) have dividend yields of 2.0%, 2.1%, and 1.8%, respectively.
Air Products Granted Investment License for New Industrial Gases Technology Center Serving the Kingdom of Saudi Arabia/Middle East LEHIGH VALLEY, Pa. , March 28, 2018 /PRNewswire/ -- Air Products' (NYSE: ...
LONDON, UK / ACCESSWIRE / March 28, 2018 / Active-Investors has a free review on Air Products and Chemicals, Inc. (NYSE: APD ) ("Air Products") following the Company's announcement that it will ...
LEHIGH VALLEY, Pa. , March 26, 2018 /PRNewswire/ -- Air Products (NYSE: APD) will release its fiscal 2018 second quarter financial results on Thursday, April 26, 2018 before the stock market opens and ...
This could indicate that investors who seek to profit from falling equity prices are not currently targeting APD. Over the last one-month, outflows of investor capital in ETFs holding APD totaled $3.34 billion.
In celebration of this critical resource, Air Products (APD) is recognizing today's International World Water Day to support awareness of the importance of water to our world, and to note the company's offerings that enable clean water. 39,090 gallons of water to manufacture a new car. For nearly 40 years, Air Products has been providing its customers sustainable product solutions for treating water and wastewater.
Air Products (APD) will supply hydrogen dispenser to China Energy's first commercial hydrogen fueling station project in Jiangsu Province in a bid to support China's hydrogen energy industry.