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PPG Industries (PPG)
NYSE:PPG
PPG Industries (PPG) Stock Price & Analysis
865 Followers
PPG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$118.58 - $150.00
Previous Close$134.78
Volume1.34M
Average Volume (3M)1.70M
Market Cap
$31.53B
Enterprise Value$37.60B
Total Cash (Recent Filing)$1.24B
Total Debt (Recent Filing)$7.04B
Price to Earnings (P/E)22.7
Beta1.17
Next Earnings
Jul 18, 2024EPS Estimate
$2.49Last Dividend Ex-Date
May 09, 2024Dividend Yield1.9%
Share Statistics
EPS (TTM)5.93
Shares Outstanding234,500,000
10 Day Avg. Volume1,113,393
30 Day Avg. Volume1,696,792
Standard Deviation0.09
R-Squared0.63
Alpha-0.00674
Financial Highlights & Ratios
Price to Book (P/B)-53.09
Price to Sales (P/S)7.33
Price to Cash Flow (P/CF)-132.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.07
Enterprise Value/Gross Profit5.01
Enterprise Value/Ebitda13.71
Forecast
1Y Price Target
$157.46Price Target Upside17.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
PPG Industries News
PremiumCompany Announcements
PPG Industries Appoints Kathy L. Fortmann to Board
Bulls Say, Bears Say
Bulls Say
Growth DriversPPG's growth trajectory is bolstered by influential market trends, including a robust multi-year housing cycle and the burgeoning electric vehicle sector.
Shareholder ReturnsThe announcement of a new $2.5 billion share repurchase program underscores PPG's commitment to enhancing shareholder value, representing a significant portion of the company's market capitalization.
ValuationPPG appears undervalued, positioned advantageously near historical 10-year valuation lows.
Bears Say
Company StrategyInvestor uncertainty surrounding PPG is heightened by a lack of clarity on the future strategy and portfolio cohesion.
Financial PerformancePPG's acknowledgement of significant investments not delivering results fast enough raises concerns about profitability and market share.
Market PerceptionThe stock is perceived as being in 'show-me' territory, with investors looking for evidence of positive volume delivery.
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Ownership Overview
0.77% Insiders
28.98% Mutual Funds
34.64% Other Institutional Investors
35.61% 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 $118.58 and its highest was $150.00 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 Jul 18, 2024 which is in 61 days.
How were PPG Industries’s earnings last quarter?
PPG Industries released its earnings results on Apr 18, 2024. The company reported $1.86 earnings per share for the quarter, missing the consensus estimate of $1.862 by -$0.002.
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 $0.65 which represents an annual dividend yield of 1.9%. See more information on PPG Industries dividends here
What is PPG Industries’s EPS estimate?
PPG Industries’s EPS estimate is $2.49.
How many shares outstanding does PPG Industries have?
PPG Industries has 234,500,000 shares outstanding.
What happened to PPG Industries’s price movement after its last earnings report?
PPG Industries reported an EPS of $1.86 in its last earnings report, missing expectations of $1.862. Following the earnings report the stock price went down -3.116%.
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 173M.
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PPG Industries Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$157.46 (17.12% Upside)
$157.46 (17.12% Upside)
Blogger Sentiment
Bullish
PPG Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 3.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $204.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.39%
12-Months-Change
Fundamentals
Return on Equity
18.64%
Trailing 12-Months
Asset Growth
-1.05%
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
Q1 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
$157.46
▲(17.12% Upside)
Technical Analysis
Best Analysts Covering PPG
1 Year
1 Year Success Rate
14/18 ratings generated profit
1 Year Average Return
+12.11%
reiterated a buy rating 7 months ago
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