|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||390.21 - 397.58|
|52 Week Range||325.38 - 435.15|
|PE Ratio (TTM)||21.01|
|Earnings Date||Apr 24, 2018|
|Forward Dividend & Yield||3.44 (0.89%)|
|1y Target Est||460.43|
Among the two reporting segments for PPG Industries (PPG), PPG’s Performance Coatings segment contributed the larger share of the company’s overall revenue in 1Q18. The Performance Coatings segment’s revenue growth mainly resulted from favorable foreign currency and better pricing. The architectural coatings business in the Americas and Asia-Pacific increased in low single-digit percentages year-over-year.
PPG Industries (PPG) announced its 1Q18 earnings before the market opened on April 19. The company reported adjusted EPS (earnings per share) of $1.39 in 1Q18, a rise of ~3.0% over its 4Q16 EPS on a reporting basis. In 4Q16, PPG Industries reported adjusted EPS of $1.35. On a continuing operation basis, the earnings represent growth of 4.5%. However, PPG’s earnings missed analysts’ estimate of $1.40 adjusted EPS.
The number of analysts tracking Sherwin-Williams (SHW) since its 4Q17 earnings has increased from 24 analysts to 26 analysts. 69% of the analysts gave “buy” recommendations, 31% of the analysts gave “hold” recommendations, and none of the analysts recommended a “sell” for Sherwin-Williams.
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.
Sherwin-Williams is expected to report revenue of $4.0 billion in 1Q18, a 43.1% increase from 1Q17’s $2.8 billion. If SHW manages to meet expectations, it will achieve its highest first-quarter revenue ever and have a first-quarter CAGR (compound annual growth rate) of 12.8% since 2013. SHW’s projected revenue growth will be primarily driven by the acquisition revenue.
Sherwin-Williams (SHW) is set to announce its 1Q18 earnings on April 24, 2018, before the market opens. It will hold a conference call that day at 11:00 AM EST. In this series, we’ll look at SHW’s stock performance since its 4Q17 earnings and analysts’ revenue and EPS (earnings per share) estimates and recommendations.
While Sherwin-Williams (SHW) faces headwinds from higher raw materials costs, incremental sales from Valspar acquisition should aid to its Q1 results.
NEW YORK, April 17, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
What Can PPG Industries Deliver in the First Quarter of 2018? As of March 29, 2018, the latest data showed that PPG Industries’ (PPG) short interest has increased since the beginning of 2018, indicating that bearish sentiment in the stock has increased. As of March 29, 2018, its short interest as a percentage of outstanding shares was 3.1%.
RPM International’s (RPM) Specialty segment comprises the smallest share of RPM’s overall revenue. This segment had a revenue share of 15.4% in fiscal 3Q18, compared with 15.6% in fiscal 3Q17. The segment’s revenue rose 6.5% YoY (year-over-year) to $170.1 million in fiscal 3Q18 from $159.7 million in fiscal 3Q17.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting SHW. Over the last one-month, outflows of investor capital in ETFs holding SHW totaled $16.31 billion.
RPM International (RPM) announced its fiscal 3Q18 earnings on April 5, 2018, before the market opened. RPM reported adjusted EPS (earnings per share) of $0.21 and diluted EPS of $0.30. The adjusted EPS, which do not include the gains of $0.01 per share related to tax reform and $0.08 due to lower corporate tax, grew 133.3% YoY (year-over-year). In 3Q17, RPM reported adjusted EPS of $0.09.
While no one knows with certainty if we’re staring down the next bear market or not, the recent market turmoil serves as a reminder that bull markets don't live forever. Every day we creep closer to a correction, writes Sevens Report's Tom Essaye. In search of companies that could hold their value in the next bear market, Essaye screened for companies that haven't had a single down calendar year of 10% or more over the past 18 years—powering through good and bad times.
With an ROE of 49.13%, The Sherwin-Williams Company (NYSE:SHW) outpaced its own industry which delivered a less exciting 13.48% over the past year. On the surface, this looks fantastic sinceRead More...
CLEVELAND , March 27, 2018 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) will issue a press release announcing its financial results for the first quarter ended March 31, 2018 prior to the opening ...
The Zacks Analyst Blog Highlights: Amgen, FedEx, Thermo Fisher, Sherwin-Williams and Ameriprise
Company's investment and Community Support Spotlights Long-Term Commitment... All Systems Go! WACO, Texas , March 22, 2018 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) today celebrated the ...