|Bid||53.35 x 800|
|Ask||64.00 x 800|
|Day's Range||59.17 - 59.38|
|52 Week Range||46.36 - 68.13|
|Beta (3Y Monthly)||1.56|
|PE Ratio (TTM)||27.27|
|Earnings Date||Jan 2, 2019 - Jan 7, 2019|
|Forward Dividend & Yield||1.40 (2.33%)|
|1y Target Est||68.22|
PPG Industries (PPG) announced its Q3 2018 earnings before the market opened on October 18. It reported adjusted EPS of $1.45, a decline of 4.6% over Q3 2017. Despite the increase in raw material prices, PPG managed to meet analysts’ estimate of $1.45.
PPG Industries (PPG) announced its third-quarter earnings today before the market opened. PPG Industries reported adjusted EPS of $1.45, a decline of 4.6% on a year-over-year basis. However, PPG Industries managed to meet Wall Street expectations of $1.45 per share. Higher revenue growth and share repurchases helped PPG to meet Wall Street expectations.
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.
On Oct. 15, the company, which distributes flow meters, injectors, and other fluid-handling pump modules, is going to pay its quarterly dividend. It has a market cap of $10.29 billion and an enterprise value of $10.69 billion. It has a trailing dividend yield of 1.21% and a forward dividend yield of 1.23%, with a payout ratio of 31%.
RPM International Inc. (RPM) today announced that it has promoted Lonny DiRusso to vice president and chief information officer, Matthew Franklin to vice president – information technology, and Gordon Hyde to vice president – operations. “These promotions are being made as part of an organizational realignment that will support our operating improvement initiatives.
RPM International Inc (NYSE:RPM), which is in the chemicals business, and is based in United States, received a lot of attention from a substantial price increase on the NYSE over Read More...
RPM International (RPM) delivered earnings and revenue surprises of -39.53% and 2.80%, respectively, for the quarter ended August 2018. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, Oct. 03, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
The Medina, Ohio-based company said it had profit of 52 cents per share. The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research ...
MEDINA, Ohio-- -- Sales increase 8.5% to first-quarter record Raw material costs and restructuring expenses affect profitability Operating improvement plan implementation continues to streamline costs Comprehensive plan update to be provided at November 28 investor day RPM International Inc. today reported financial results for its fiscal 2019 first quarter ended August 31, 2018. First-Quarter Results ...
Previously, we discussed Sherwin-Williams’s (SHW) stock performance in 2018. In this part, we’ll compare Sherwin-Williams’s valuation with its peers. As of September 25, Sherwin-Williams’s one-year forward PE multiple was at 21.50x. PPG Industries (PPG) and RPM International (RPM) have one-year forward PE multiples of 16.4x and 20.10x, respectively.
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%.