|Bid||26.090 x 800|
|Ask||26.100 x 900|
|Day's Range||26.030 - 26.420|
|52 Week Range||25.270 - 38.200|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||46.57|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.17|
The latest short interest data from September 28 show that PPG Industries’ (PPG) short interest has fallen. The lower short interest indicates short coverage in the stock. PPG Industries’ short interest fell for five consecutive weeks from the middle of July.
Wall Street analysts expect PPG Industries (PPG) to post revenues of $3.82 billion in its third-quarter earnings release. The estimates represent an increase of ~1.1% compared to the third quarter of 2017 when the company reported revenues of $3.78 billion. Sherwin-Williams (SHW) and Axalta Coating Systems (AXTA) are projected to increase 7.1% and 5.0%, respectively. RPM International (RPM) reported revenue growth of 7.8% in the third quarter.
In a press release on September 25, PPG Industries (PPG) said it would announce its third-quarter earnings on October 18 before the market opens. The earnings will be followed by a teleconference at 2:00 PM EST on October 18 to discuss the results.
On October 8, Axalta (AXTA) announced that it appointed an interim CEO. Terrence Hahn resigned as Axalta’s CEO. His resignation was a mutual agreement with the company’s board. There was an investigation into Hahn’s conduct. Axalta thought that his conduct didn’t comply with its policies. Axalta’s board appointed Robert Bryant, the company’s executive vice president and CFO, as the interim CEO.
Pomerantz LLP is investigating claims on behalf of investors of Axalta Coating Systems Ltd. (“Axalta” or the “Company”) (NYSE: AXTA). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. The investigation concerns whether Axalta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.
Axalta expert speaks on wood coatings innovations and technology HIGH POINT, N.C. , Oct. 12, 2018 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, presented ...
NEW YORK, Oct. 11, 2018 -- Levi & Korsinsky announces it has commenced an investigation of Axalta Coating Systems Ltd. (“Axalta” or “the Company”) (NYSE: AXTA) concerning.
PHILADELPHIA , Oct. 10, 2018 /PRNewswire/ -- Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call to review its third quarter 2018 financial results at 8:00 a.m. ET on Thursday, October ...
NEW YORK , Oct. 9, 2018 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Axalta Coating Systems Ltd. ("Axalta" or the "Company") (NYSE: AXTA). Such investors ...
NEW YORK , Oct. 9, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Axalta Coating Systems Ltd. ("Axalta" ...
AMSTERDAM (Reuters) - Akzo Nobel's former chemicals subsidiary will likely return to the market as a standalone public company in three to five years, its new CEO Charles Shaver said on Tuesday. Shaver ...
Short interest is low for AXTA with fewer than 5% of shares on loan. The net inflows of $1.98 billion over the last one-month into ETFs that hold AXTA are not among the highest of the last year and have been slowing.
Axalta Coating Systems Ltd said on Monday Chief Executive Officer Terrence Hahn has resigned after an investigation by external counsel found that his conduct was inconsistent with the company's policies. The chemical maker said Hahn's resignation was by mutual agreement with the board and appointed Chief Financial Officer Robert Bryant to the additional role of interim CEO. It did not give any details regarding the reasons for his departure, but said it was unrelated to financial matters.
Axalta Coating Systems Ltd. said Monday that its chief executive officer, Terrence Hahn, has resigned "by mutual agreement" following an investigation into conduct that the company "believes was inconsistent with company policies." The behavior was not related to financial matters, the company said in a statement. Chief Financial Officer Robert Bryant has been named interim CEO. Bryant has been CFO since 2013. Axalta shares have fallen 13.2% for the year to date while the S&P 500 index is up 8% for the period.
Axalta Coating Systems Ltd said on Monday Chief Executive Officer Terrence Hahn has resigned after a probe found that his conduct was inconsistent with the company's policies. The chemicals maker has appointed ...
PHILADELPHIA, Oct. 8, 2018 /PRNewswire/ -- Axalta Coating Systems Ltd. (AXTA) today announced that its Board of Directors has appointed Robert Bryant, Axalta's Executive Vice President and Chief Financial Officer, to the additional role of interim Chief Executive Officer, effective immediately. Bryant succeeds Terrence Hahn, who has resigned by mutual agreement with the Board, following an investigation by outside counsel into conduct by Mr. Hahn unrelated to financial matters that Axalta believes was inconsistent with Company policies. Mr. Hahn has also vacated his position on the Board.
GLEN MILLS, Pa., Oct. 4, 2018 /PRNewswire/ -- Axalta (AXTA) today announced the schedule of events in its booth, #22391, during the 2018 SEMA show at the Las Vegas Convention Center in Las Vegas, Nevada from October 30 to November 2, 2018. The schedule includes appearances by top automotive builders, artists, and special guests to showcase Axalta's refinish and original equipment (OE) coatings and color. Headlining Axalta's schedule on Thursday, November 1 at 2:00 p.m. is the unveil of Nevermore, a stunning piece of fine art created by "Impossibly Real" artist Peter Maier with Cromax® refinish paint.
PHILADELPHIA, Oct. 2, 2018 /PRNewswire/ -- Axalta (AXTA), a leading global supplier of liquid and powder coatings, is pleased to announce the grand opening of its Learning and Development Center dedicated to industrial wood coatings technology in Pomona, California. The facility serves the industry's growing demand for opportunities for customers to collaborate with business partners and further develop their workforce. "Expanding our customer support services is a priority for our business," says Wade Arnold, Vice President of Industrial Wood Coatings for Axalta Coating Systems.
Axalta's racing partnership teams include defending Formula 1 Constructors' Champion Mercedes-AMG Petronas Motorsport, 12-time NASCAR Cup Series owner's championship winner Hendrick Motorsports, seven-time Team World Champion Movistar Yamaha MotoGP, two-time Rolex 24 At Daytona champions Ford Chip Ganassi Racing, and more. "We are thrilled to be launching the new axaltaracing.com, that will offer our customers, employees, partners, and race fans around the world a one-stop shop for news, information, and content across Axalta's entire racing portfolio," said Joseph McDougall, Executive Vice President and President Global Refinish and EMEA. "Axalta's nearly 30-year history in racing has been about performance along with the style and flair of the sport," continued McDougall, "and that's exactly what this new website will celebrate.
New Portfolio of world-class, yet cost effective, chemical and corrosion resistance solutions for iron and steel substrates PHILADELPHIA , Oct. 1, 2018 /PRNewswire/ -- Axalta (NYSE: AXTA) today announce ...
Sherwin-Williams has made a strong comeback after being down in the negative territory. As of September 25, Sherwin-Williams has gained 12.6% year-to-date and has outperformed the broader market representative S&P 500 (SPY), which has gained 9.0%. PPG Industries (PPG) and Axalta (AXTA) have declined 4.5% and 8.7%, respectively, while RPM International (RPM) has gained 27.8%.
PHILADELPHIA, Sept. 29, 2018 /PRNewswire/ -- Axalta (AXTA) is entering the world of Off-Road Desert Racing by announcing its sponsorship of the No. 86 Dodge, Geiser Bros.-built Trophy Truck to run in the 2018 SCORE Baja 1000 in November. Veteran Driver Joe Bacal will pilot the Axalta Trophy Truck, having won the SCORE Baja 1000 three times in his class.
The latest short interest report on September 15 indicated that Sherwin-Williams’s (SHW) short interest reached a one-month high. According to the latest report, the company’s short interest as a percentage of outstanding shares rose to 1.92% from 1.57% on a sequential basis. Sherwin-Williams’s strong second-quarter earnings and the upward revision to the fiscal 2018 adjusted EPS boosted the stock price.
Higher debt means higher interest expense. Sherwin-Williams’s (SHW) interest expense has increased significantly due to borrowings for the Valspar acquisition. From 2013 to 2015, the company’s interest expense remained stable at ~$64 million.