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PPG Unveils Air-Dry Primer in EMEA Automotive Refinish Markets
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PPG Industries Inc. (PPG - Free Report) has launched PPG DP7000 Air-Dry Primer and a suite of specific ancillaries in the European, Middle Eastern and African (“EMEA”) automobile refinish markets. The fast air drying of PPG DP7000 primer saves body shops time and energy, helping to boost productivity and profitability while reducing environmental impact.
PPG DP7000 Air-Dry Primer is a premium two-pack acrylic primer that is fully compatible with European VOC requirements. It is compatible with all PPG topcoat systems, including PPG ENVIROBASE High-Performance basecoats and PPG DELTRON Progress UHS topcoat. It dries up to twice as fast as competitive air-dry technologies and is effective in all humidity levels. When air drying is not an option, baking or infrared curing might be used.
PPG DP7000 Air Dry Primer's innovative acrylic technology allows it to dry quickly and is fully unaffected by humidity, so users may get great results regardless of the local humidity level. The product may be effectively utilized in different temperature circumstances, owing to the introduction of several ancillaries.
Shares of PPG have gained 5.3% over the past year compared with an 8.9% rise of its industry.
Image Source: Zacks Investment Research
PPG expects total organic sales to be up or down a low single-digit percent in the fourth quarter. The company's projected adjusted EPS for the fourth quarter is in the range of $1.44-$1.50. For the full year, the company raised its adjusted EPS projection to the band of $7.58-$7.64.
Better-ranked stocks in the basic materials space include Denison Mines Corp. (DNN - Free Report) , Axalta Coating Systems Ltd. (AXTA - Free Report) and The Andersons Inc. (ANDE - Free Report) .
Denison Mines has a projected earnings growth rate of 100% for the current year. It currently carries a Zacks Rank #1 (Strong Buy). DNN delivered a trailing four-quarter earnings surprise of roughly 225%, on average. The stock is up around 54.8% in a year. You can see the complete list of today’s Zacks #1 Rank stocks here.
Axalta has a projected earnings growth rate of 5.4% for the current year. It currently carries a Zacks Rank #1. AXTA delivered a trailing four-quarter earnings surprise of roughly 6.7%, on average. The stock is up around 20.5% in a year.
Andersons currently carries a Zacks Rank #2. The stock has gained roughly 35.6% in the past year. ANDE beat the Zacks Consensus Estimate in each of the last four quarters. It delivered a trailing four-quarter earnings surprise of 64.4%, on average.
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PPG Unveils Air-Dry Primer in EMEA Automotive Refinish Markets
PPG Industries Inc. (PPG - Free Report) has launched PPG DP7000 Air-Dry Primer and a suite of specific ancillaries in the European, Middle Eastern and African (“EMEA”) automobile refinish markets. The fast air drying of PPG DP7000 primer saves body shops time and energy, helping to boost productivity and profitability while reducing environmental impact.
PPG DP7000 Air-Dry Primer is a premium two-pack acrylic primer that is fully compatible with European VOC requirements. It is compatible with all PPG topcoat systems, including PPG ENVIROBASE High-Performance basecoats and PPG DELTRON Progress UHS topcoat. It dries up to twice as fast as competitive air-dry technologies and is effective in all humidity levels. When air drying is not an option, baking or infrared curing might be used.
PPG DP7000 Air Dry Primer's innovative acrylic technology allows it to dry quickly and is fully unaffected by humidity, so users may get great results regardless of the local humidity level. The product may be effectively utilized in different temperature circumstances, owing to the introduction of several ancillaries.
Shares of PPG have gained 5.3% over the past year compared with an 8.9% rise of its industry.
Image Source: Zacks Investment Research
PPG expects total organic sales to be up or down a low single-digit percent in the fourth quarter. The company's projected adjusted EPS for the fourth quarter is in the range of $1.44-$1.50. For the full year, the company raised its adjusted EPS projection to the band of $7.58-$7.64.
PPG Industries, Inc. Price and Consensus
PPG Industries, Inc. price-consensus-chart | PPG Industries, Inc. Quote
Zacks Rank & Key Picks
PPG currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the basic materials space include Denison Mines Corp. (DNN - Free Report) , Axalta Coating Systems Ltd. (AXTA - Free Report) and The Andersons Inc. (ANDE - Free Report) .
Denison Mines has a projected earnings growth rate of 100% for the current year. It currently carries a Zacks Rank #1 (Strong Buy). DNN delivered a trailing four-quarter earnings surprise of roughly 225%, on average. The stock is up around 54.8% in a year. You can see the complete list of today’s Zacks #1 Rank stocks here.
Axalta has a projected earnings growth rate of 5.4% for the current year. It currently carries a Zacks Rank #1. AXTA delivered a trailing four-quarter earnings surprise of roughly 6.7%, on average. The stock is up around 20.5% in a year.
Andersons currently carries a Zacks Rank #2. The stock has gained roughly 35.6% in the past year. ANDE beat the Zacks Consensus Estimate in each of the last four quarters. It delivered a trailing four-quarter earnings surprise of 64.4%, on average.