change to our fair value estimate for Airgas based upon in line third-quarter ..... mainly due to SG&A efficiencies. Airgas continues to leverage its investments ..... traditional distribution outlets. Airgas provided a fourth-quarter 2015 EPS
After reviewing Airgas ’ second-quarter earnings report, we ..... general, and administrative expenses. Airgas ’ competitive advantage remains intact, and ..... targets has diminished from earlier years. Airgas modestly reduced its fiscal 2015 outlook
Following Airgas ’ fiscal first-quarter report we plan ..... value estimate and narrow-moat rating. Airgas ’ latest report was characterized by 1 ..... acquisitions and investments in implementing Airgas ’ e-commerce and telesales businesses
Narrow-moat Airgas finished its fiscal year on a downbeat ..... below our forecast. For fiscal 2015, Airgas anticipates 4%-6% organic sales growth ..... 2014 outlook is weaker than we expected, Airgas continues to have a strong competitive position
Narrow-moat Airgas reported decent third-quarter results but revised its fiscal 2014 EPS ..... We expect this subdued environment will provide enough opportunity for Airgas to meet its near-term financial targets, but we wouldn't be surprised
Airgas is a rare success story in rolling up a fragmented industry through acquisition.
Airgas is digging a moat in the fragmented packaged-gas industry.
wonder if Pershing would revisit the Airgas ARG acquisition playbook. If this were ..... speculate that Pershing may pursue Airgas ' founder, former CEO, and current ..... launched a hostile takeover bid for Airgas after failing to reach a private
Narrow-moat Airgas ARG reported first-quarter results that ..... row, acquisitions were responsible for Airgas ' year-over-year growth. The 3 ..... 30 basis points to 12.2%. Still, Airgas generated $100 million in free cash
on invested capital. Airgas ARG specializes in the least ..... firm's bottom line. Airgas ' largest customer accounts ..... growth, we forecast that Airgas can capture an additional ..... basis points, enabling Airgas to achieve 15% operating