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PPG Industries (PPG)
NYSE:PPG
PPG Industries (PPG) Stock Price & Analysis
896 Followers
PPG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$118.58 - $149.72
Previous Close$128.04
Volume4.34M
Average Volume (3M)1.54M
Market Cap
$30.03B
Enterprise Value$36.21B
Total Cash (Recent Filing)$1.19B
Total Debt (Recent Filing)$7.20B
Price to Earnings (P/E)21.0
Beta1.12
Next Earnings
Oct 16, 2024EPS Estimate
$2.22Next Dividend Ex-Date
Aug 12, 2024Dividend Yield2.03%
Share Statistics
EPS (TTM)6.10
Shares Outstanding234,500,000
10 Day Avg. Volume1,302,196
30 Day Avg. Volume1,539,115
Standard Deviation0.09
R-Squared0.62
Alpha-0.00688
Financial Highlights & Ratios
Price to Book (P/B)-50.43
Price to Sales (P/S)1.65
Price to Cash Flow (P/CF)-125.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.00
Enterprise Value/Gross Profit4.83
Enterprise Value/Ebitda13.00
Forecast
1Y Price Target
$151.71Price Target Upside18.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
PPG Industries News
Bulls Say, Bears Say
Bulls Say
GrowthPPG’s growth appears poised to accelerate owing to trends like a multi-year housing cycle, growth in EVs, and increased can packaging due to sustainability trends.
Share RepurchaseA new $2.5B share repurchase program was announced.
ValuationPPG appears undervalued, sitting near its 10-year valuation lows.
Bears Say
Business PerformanceSignificant investments in the US architectural segment are not delivering results fast enough, leading to share losses over time.
EarningsPPG provided 3Q24 adjusted EPS guidance below expectations.
Financial GuidancePPG lowered its full-year 2024 adjusted EPS guidance.
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Ownership Overview
0.78% Insiders
31.57% Mutual Funds
26.50% Other Institutional Investors
41.15% 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 $149.72 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 Oct 16, 2024 which is in 86 days.
How were PPG Industries’s earnings last quarter?
PPG Industries released its earnings results on Jul 18, 2024. The company reported $2.5 earnings per share for the quarter, beating the consensus estimate of $2.489 by $0.011.
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 2.03%. See more information on PPG Industries dividends here
What is PPG Industries’s EPS estimate?
PPG Industries’s EPS estimate is $2.22.
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 $2.5 in its last earnings report, beating expectations of $2.489. Following the earnings report the stock price went down -2.786%.
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 168M.
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PPG Industries Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$151.71 (18.49% Upside)
$151.71 (18.49% Upside)
Blogger Sentiment
Bullish
PPG Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 294.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $274.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.3%
Last 30 Days ▲ 8.0%
Last 30 Days ▲ 8.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.14%
12-Months-Change
Fundamentals
Return on Equity
18.78%
Trailing 12-Months
Asset Growth
-2.19%
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
Q2 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
$151.71
▲(18.49% Upside)
Technical Analysis
Best Analysts Covering PPG
1 Year
1 Year Success Rate
14/18 ratings generated profit
1 Year Average Return
+11.54%
reiterated a buy rating 9 months ago
Copying Jeffrey Zekauskas's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +11.54% per trade.
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