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PPG Industries (PPG)
NYSE:PPG
Holding PPG?
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PPG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$118.07 - $150.82
Previous Close$124.17
Volume1.96M
Average Volume (3M)1.63M
Market Cap
$28.81B
Enterprise Value$34.94B
Total Cash (Recent Filing)$1.32B
Total Debt (Recent Filing)$7.27B
Price to Earnings (P/E)19.7
Beta1.00
Next Earnings
Jan 16, 2025EPS Estimate
$1.66Last Dividend Ex-Date
Nov 12, 2024Dividend Yield2.14%
Share Statistics
EPS (TTM)6.30
Shares Outstanding232,000,000
10 Day Avg. Volume2,423,179
30 Day Avg. Volume1,632,155
Standard Deviation0.08
R-Squared0.60
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)3.70
Price to Sales (P/S)1.60
Price to Cash Flow (P/CF)9.40
P/FCF Ratio10.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.94
Enterprise Value/Gross Profit4.66
Enterprise Value/Ebitda12.35
Forecast
1Y Price Target
$149.38Price Target Upside21.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
PPG Industries News
Bulls Say, Bears Say
Bulls Say
Earnings MomentumThe restructuring and sale of ARCH NA should boost earnings momentum, helped by interest rate cuts and China stimulus.
Growth PotentialPPG's growth is poised to accelerate due to trends like growth in EVs, increased can packaging, and aerospace build rates ramping.
Shareholder ValueAccelerating allocation of cash towards share buybacks is seen as a positive move for investors.
Bears Say
Financial PerformanceSepQ24 adjusted operating income down 19% Y/Y on volume & price both 3% down.
Industrial Coatings ChallengesPPG reported 3Q24 results below expectations on margin compression in Industrial Coatings, offsetting better Performance Coatings.
Market CompetitionPPG found it increasingly difficult to compete versus the market leader Sherwin-Williams.
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Ownership Overview
0.10% Insiders
28.15% Mutual Funds
10.60% Other Institutional Investors
33.20% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PPG FAQ
What was PPG Industries’s price range in the past 12 months?
PPG Industries lowest stock price was $118.07 and its highest was $150.82 in the past 12 months.
What is PPG Industries’s market cap?
Currently, no data Available
When is PPG Industries’s upcoming earnings report date?
PPG Industries’s upcoming earnings report date is Jan 16, 2025 which is in 26 days.
How were PPG Industries’s earnings last quarter?
PPG Industries released its earnings results on Oct 16, 2024. The company reported $2.13 earnings per share for the quarter, missing the consensus estimate of $2.147 by -$0.017.
Is PPG Industries overvalued?
According to Wall Street analysts PPG Industries’s price is currently Undervalued.
Does PPG Industries pay dividends?
PPG Industries pays a Quarterly dividend of $0.68 which represents an annual dividend yield of 2.14%. See more information on PPG Industries dividends here
What is PPG Industries’s EPS estimate?
PPG Industries’s EPS estimate is $1.66.
How many shares outstanding does PPG Industries have?
PPG Industries has 232,000,000 shares outstanding.
What happened to PPG Industries’s price movement after its last earnings report?
PPG Industries reported an EPS of $2.13 in its last earnings report, missing expectations of $2.147. Following the earnings report the stock price went up 0.764%.
Which hedge fund is a major shareholder of PPG Industries?
Among the largest hedge funds holding PPG Industries’s share is First Eagle Investment Management LLC. It holds PPG Industries’s shares valued at 177M.
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PPG Industries Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$149.38 (21.80% Upside)
$149.38 (21.80% Upside)
Blogger Sentiment
Bullish
PPG Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 173.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $249.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 5.4%
Last 30 Days ▼ 5.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.04%
12-Months-Change
Fundamentals
Return on Equity
19.13%
Trailing 12-Months
Asset Growth
1.66%
Trailing 12-Months
Company Description
PPG Industries
Pennsylvania-based PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials. It operates through two segments: Performance Coatings and Industrial Coatings.
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PPG Company Deck
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PPG Earnings Call
Q3 2024
0:00 / 0:00
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PPG Net sales Breakdown
61.19% Performance Coatings
38.81% Industrial Coatings
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PPG Stock 12 Month Forecast
Average Price Target
$149.38
▲(21.80% Upside)
Technical Analysis
Best Analysts Covering PPG
1 Year
1 Year Success Rate
15/20 ratings generated profit
1 Year Average Return
+10.30%
reiterated a buy rating 2 months ago
Copying Jeffrey Zekauskas's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +10.30% per trade.
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