|Bid||53.00 x 800|
|Ask||70.00 x 1000|
|Day's Range||60.32 - 61.90|
|52 Week Range||46.36 - 68.13|
|Beta (3Y Monthly)||1.50|
|PE Ratio (TTM)||27.89|
|Earnings Date||Jan 4, 2019|
|Forward Dividend & Yield||1.40 (2.30%)|
|1y Target Est||70.60|
RPM's cost-reduction initiatives and acquisition strategy will likely drive its performance going forward. However, cost burden and inclement weather raise concerns.
On December 6, Axalta (AXTA) announced that it received approval from Porsche AG to use Axalta’s three premium refinish brands. The premium refinish brands will be used by Porsche dealerships and body shops worldwide. The brands include Cromax, Spies Hecker, and Standox.
On December 3, PPG Industries (PPG) announced that it completed the acquisition of SEM Products. PPG Industries entered into a definitive agreement to acquire SEM Products on October 18. SEM Products is a US-based manufacturer that specializes in automotive refinish products. However, PPG Industries hasn’t disclosed the deal’s financial aspects.
RPM International Inc. announced today that it will release its fiscal 2019 second-quarter results before the stock market opens on Friday, January 4, 2019. The results will be issued via newswire and also will be available on the RPM website at www.RPMinc.com.
In a press release on December 3, PPG Industries (PPG) announced that it will increase industrial coating prices 10%. The price increase will have a global impact. The price increases are mainly due to increased production costs.
In August 2018, RPM International Inc (NYSE:RPM) announced its earnings update. Overall, analyst consensus outlook appear cautiously optimistic, as a 43% increase in profits is expected in the upcoming year, Read More...
RPM International Inc. (RPM), a world leader in specialty coatings and sealants, today outlined the company’s operating improvement plan at an Investor Day held in Baltimore, Maryland. The plan, known as “MAP to Growth,” includes initiatives designed to drive greater efficiency to accelerate growth and increase value from the unique entrepreneurial culture and leading brands that have been the foundation of RPM’s success for decades. At the event, RPM chairman and chief executive officer Frank C. Sullivan and other key executives discussed the progress already underway and expanded on key elements of the plan to increase profitability across all of the company’s business segments.
On November 27, PPG Industries (PPG) announced that it entered a multiyear agreement with Lomon Billions to supply chloride and sulfate-based titanium dioxide. As per the agreement, Lomon Billions will supply additional quantities of titanium dioxide from its existing manufacturing facility as well as from a new facility, which is expected to be completed in 2019. Titanium-dioxide is a major raw material used in the manufacturing of paints and coatings.
RPM International Inc. announced today that it has completed its previously announced redemption of all of its outstanding 2.25% Convertible Senior Notes due 2020 (CUSIP No.
On November 20, PPG Industries (PPG) announced that it received Uni-Select’s 2018 Diamond Award. The award is given to suppliers who offer high-quality and sustainable products and provide efficient service. Uni-Select is one of PPG’s prestigious clients. PPG has been supplying automotive refinishing products to Uni-Select. The award ceremony was held in Las Vegas, Nevada.
In a press release of November 21, Axalta (AXTA) announced that Michael Finn, the company’s senior vice president, general counsel, and corporate/government affairs and corporate secretary, stepped down. Axalta said that he’s leaving the company to pursue other career opportunities. Finn has been with Axalta since 2013.
On November 12, PPG Industries (PPG) announced that it has entered into an agreement with Powercast to jointly develop ultra-thin wirelessly powered printed electronics products. The companies plan to introduce LED-based illumination solutions that are applied in consumer product packaging, smart identification cards, and others.
With so many different financial models generating different conclusions, choosing the most relevant one to value a company can be daunting. A prime example of conflicts between valuation models is Read More...
RPM International (RPM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, Oct. 31, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
On October 22, a PPG Industries (PPG) press release said that PPG had been awarded Home Depot’s (HD) Supplier Partner of the Year award in the paint category. The award was given for the launch of PPG’s TIMELESS interior and exterior paint and OLYMPIC stains, and it was announced at Home Depot’s annual supplier partnership meeting in Atlanta. PPG managed to find Home Depot to overcome this situation.
On October 25, Sherwin-Williams (SHW) announced its third-quarter earnings results. Sherwin-Williams failed to meet analysts’ EPS estimate of $5.74 in the third quarter. The change in accounting standards had an adverse impact of 0.8% on SHW’s revenue.
In this article I am going to calculate the intrinsic value of RPM International Inc (NYSE:RPM) by estimating the company’s future cash flows and discounting them to their present value. Read More...
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.