|Bid||93.12 x 800|
|Ask||103.12 x 1000|
|Day's Range||97.31 - 98.56|
|52 Week Range||94.37 - 122.07|
|Beta (3Y Monthly)||1.48|
|PE Ratio (TTM)||16.89|
|Earnings Date||Oct 18, 2018|
|Forward Dividend & Yield||1.92 (1.96%)|
|1y Target Est||113.86|
A busy day of earnings awaits investors on Thursday with American Express, PayPal, and insurance giant Travelers among the highlights while markets will continue to search for stability after last week's chaos.
Don't be caught off-guard: PPG Industries (NYSE: PPG ) releases its next round of earnings this Thursday, Oct. 18. Want to skip the homework and get all the facts in one place? We thought so. Here is your ...
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.
In the third quarter, 22 analysts are covering PPG Industries (PPG)—compared to 24 analysts in the previous quarter. Among the 22 analysts, 36% recommended a “buy,” while 64% recommended a “hold.” None of the analysts recommended a “sell.”
Wall Street analysts expect PPG Industries (PPG) to post an adjusted EPS of $1.45 for the third quarter, which reflects a decline of 4.6% YoY (year-over-year). In the third quarter of 2017, the company’s adjusted EPS was reported at $1.52. The projection indicates the continued decline in PPG Industries’ third-quarter adjusted EPS since 2015.
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.
There's a new skein of thought going on: we've gone down enough to be able to make it when we get the quarters that are in line and not better than expected. I am not buying this. Think about it: JP Morgan was clearly better than expected.
In a press release on October 10, Cabot (CBT) said that the Department of Energy selected the company to participate in advanced vehicle technologies research. The Department of Energy has initiated 42 projects in advanced vehicle technologies that could help in affordable mobility. The Department of Energy has set aside $80 million to be invested in the field—$32 million is allocated towards battery and electrification. The Department of Energy’s $2.9 million assistance should boost the company’s research.
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.
The undercurrent of questions that I received from retail investors as I came off of the stage at the Cramer Boot Camp for Investors event in New York City on Saturday centered on this uncertainty. The reality is that folks must understand that stock prices are the result of supply and demand. Through technical analysis, which measures patterns left by past market behavior, and through fundamental analysis, which is the measure of corporate results.
CNBC's Jim Cramer warns that U.S. companies could feel the heat of the Fed's lockstep rate hikes in 2019. The stock market could be "headed for big trouble on the earnings front" next year because of the Federal Reserve's plans to hike interest rates three times in 2019 , and CNBC's Jim Cramer is sounding the alarm. "Three lockstep rate hikes next year will slow growth, boost the dollar and make people feel less wealthy.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...