PPG Industries Company Profile (NYSE:PPG)

About PPG Industries

PPG Industries logoPPG Industries, Inc. (PPG) manufactures and distributes a range of coatings, specialty materials and glass products. PPG operates through three business segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings segment consists of the refinish, aerospace, protective and marine, architectural-Americas and Asia Pacific, and architectural-EMEA coatings businesses. The Industrial Coatings segment consists of the automotive original equipment manufacturer (OEM), industrial coatings, packaging coatings, and specialty coatings and materials businesses. Industrial, automotive OEM, packaging coatings, and specialty coatings and materials products are formulated specifically for the customers' needs and application methods. The Glass segment consists of the flat glass and fiberglass businesses. The Company's brands include SIKKENS, PPG PITTSBURGH PAINTS, MULCO, FLOOD, LIQUID NAILS, SICO, CIL, RENNER, TAUBMANS, WHITE KNIGHT and BRISTOL.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Chemicals
  • Sub-Industry: Diversified Chemicals
  • Exchange: NYSE
  • Symbol: PPG
  • CUSIP: 69350610
Key Metrics:
  • Previous Close: $103.57
  • 50 Day Moving Average: $104.11
  • 200 Day Moving Average: $107.29
  • 52-Week Range: $82.93 - $117.00
  • Trailing P/E Ratio: 19.11
  • Foreward P/E Ratio: 14.99
  • P/E Growth: 1.89
  • Market Cap: $27.55B
  • Outstanding Shares: 266,282,000
  • Beta: 1.44
Profitability:
  • Net Margins: 9.57%
  • Return on Equity: 30.94%
  • Return on Assets: 9.36%
Debt:
  • Debt-to-Equity Ratio: 0.81%
  • Current Ratio: 1.62%
  • Quick Ratio: 1.21%
Additional Links:
Companies Related to PPG Industries:

Analyst Ratings

Consensus Ratings for PPG Industries (NYSE:PPG) (?)
Ratings Breakdown: 2 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $120.73 (18.29% upside)

Analysts' Ratings History for PPG Industries (NYSE:PPG)
Show:
DateFirmActionRatingPrice TargetDetails
9/13/2016Credit Suisse Group AGReiterated RatingBuy$115.00View Rating Details
7/26/2016Seaport Global SecuritiesUpgradeAccumulate -> Buy$125.00 -> $130.00View Rating Details
7/25/2016Jefferies GroupReiterated RatingBuy$127.00 -> $129.00View Rating Details
6/23/2016Longbow ResearchUpgradeNeutral -> Buy$130.00View Rating Details
6/16/2016Morgan StanleyReiterated RatingHoldView Rating Details
6/17/2016JPMorgan Chase & Co.Reiterated RatingBuy$120.00View Rating Details
4/18/2016Citigroup Inc.Boost Price TargetBuy$120.00 -> $131.00View Rating Details
3/24/2016Deutsche Bank AGReiterated RatingBuyView Rating Details
1/24/2016Barclays PLCReiterated RatingHoldView Rating Details
11/25/2015Royal Bank Of CanadaBoost Price TargetOutperform$115.00 -> $129.00View Rating Details
10/21/2015SusquehannaBoost Price TargetPositive$110.00 -> $116.00View Rating Details
10/12/2015Goldman Sachs Group Inc.UpgradeNeutral -> Buy$107.00 -> $113.00View Rating Details
1/16/2015ArgusBoost Price TargetBuy$238.00 -> $271.00View Rating Details
10/20/2014SunTrust Banks Inc.UpgradeNeutral -> Buy$215.00 -> $225.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for PPG Industries (NYSE:PPG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/13/2016        
7/21/2016Q216$1.85$1.85$4.17 billion$4.10 billionViewListenView Earnings Details
4/21/2016Q116$1.30$1.31$3.67 billion$3.67 billionViewListenView Earnings Details
1/21/2016Q415$1.22$1.23$3.76 billion$3.70 billionViewListenView Earnings Details
10/15/2015Q315$1.61$1.61$4.05 billion$3.87 billionViewListenView Earnings Details
7/16/2015Q215$1.64$1.67$4.17 billion$4.10 billionViewListenView Earnings Details
4/16/2015Q115$2.33$2.37$3.79 billion$3.70 billionViewListenView Earnings Details
1/15/2015Q414$1.99$2.11$3.64 billion$3.70 billionViewListenView Earnings Details
10/16/2014Q314$2.75$2.82$3.99 billion$3.94 billionViewListenView Earnings Details
7/17/2014Q214$2.78$2.80$4.14 billion$4.10 billionViewListenView Earnings Details
4/17/2014Q114$1.89$1.98$3.63 billion$3.65 billionViewListenView Earnings Details
1/16/2014Q413$1.73$1.81$3.71 billion$3.70 billionViewListenView Earnings Details
10/17/2013Q313$2.33$2.44$3.96 billion$4.00 billionViewListenView Earnings Details
7/18/2013Q2 2013$2.36$2.45$4.09 billion$4.10 billionViewListenView Earnings Details
4/18/2013Q1 2013$1.56$1.58$3.45 billion$3.33 billionViewListenView Earnings Details
1/14/2013Q4 2012$1.53$1.53$3.59 billion$3.65 billionViewListenView Earnings Details
10/18/2012$2.19$2.24ViewN/AView Earnings Details
7/19/2012$2.35$2.36ViewN/AView Earnings Details
4/19/2012$1.76$1.81ViewN/AView Earnings Details
1/19/2012$1.28$1.41ViewN/AView Earnings Details
10/20/2011$1.92$1.96ViewN/AView Earnings Details
7/21/2011$2.03$2.12ViewN/AView Earnings Details
4/21/2011$1.34$1.40ViewN/AView Earnings Details
1/20/2011$1.13$1.25ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for PPG Industries (NYSE:PPG)
Current Year EPS Consensus Estimate: $6.19 EPS
Next Year EPS Consensus Estimate: $6.81 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$1.27$1.35$1.30
Q2 20167$1.77$1.85$1.82
Q3 20166$1.68$1.78$1.74
Q4 20166$1.25$1.38$1.31
Q1 20172$1.44$1.46$1.45
Q2 20172$1.96$2.07$2.02
Q3 20172$1.91$2.02$1.97
Q4 20173$1.32$1.55$1.47
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for PPG Industries (NYSE:PPG)
Annual Dividend:$1.60
Dividend Yield:1.57%
Dividend Growth:6.50% (3 Year Average)
Payout Ratio:29.57% (Based on Trailing 12 Months of Earnings)
25.85% (Based on Current Year Consensus EPS Estimate)
23.49% (Based on Next Year Consensus EPS Estimate)
Track Record:43 Years of Consecutive Dividend Growth

Dividend History for PPG Industries (NYSE:PPG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/21/2016quarterly$0.401.49%8/8/20168/10/20169/12/2016
4/21/2016quarterly$0.401.41%5/6/20165/10/20166/10/2016
1/21/2016quarterly$0.361.55%2/17/20162/19/20163/11/2016
10/15/2015quarterly$0.361.43%11/6/201511/10/201512/11/2015
7/16/2015quarterly$0.361.29%8/6/20158/10/20159/11/2015
4/16/2015quarterly$0.721.27%5/7/20155/11/20156/12/2015
1/15/2015quarterly$0.671.16%2/18/20152/20/20153/12/2015
10/16/2014quarterly$0.671.43%11/6/201411/10/201412/12/2014
7/17/2014quarterly$0.671.28%8/7/20148/11/20149/12/2014
4/17/2014quarterly$0.671.36%5/8/20145/12/20146/12/2014
1/16/2014quarterly$0.611.29%2/19/20142/21/20143/12/2014
10/18/2013quarterly$0.611.39%11/6/201311/11/201312/12/2013
7/18/2013quarterly$0.611.53%8/8/20138/12/20139/12/2013
4/18/2013quarterly$0.611.72%5/8/20135/10/20136/12/2013
1/17/2013quarterly$0.591.65%2/20/20132/22/20133/12/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for PPG Industries (NYSE:PPG)
Insider Ownership Percentage: 0.68%
Institutional Ownership Percentage: 73.04%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/4/2016Timothy M KnavishVPSell9,300$104.08$967,944.00View SEC Filing  
7/26/2016Viktoras R SekmakasInsiderSell40,950$106.64$4,366,908.00View SEC Filing  
2/25/2016Glenn E Bost IIVPSell32,925$95.27$3,136,764.75View SEC Filing  
11/16/2015Charles E BunchChairmanSell16,286$101.94$1,660,194.84View SEC Filing  
10/26/2015Charles E BunchChairmanSell12,000$103.75$1,245,000.00View SEC Filing  
10/19/2015Viktoras R. SekmakasEVPSell11,916$100.98$1,203,277.68View SEC Filing  
2/25/2015Viktoras R SekmakasEVPSell19,378$236.35$4,579,990.30View SEC Filing  
2/23/2015Charles E BunchCEOSell40,000$235.04$9,401,600.00View SEC Filing  
2/18/2015Charles E BunchCEOSell141,542$234.96$33,256,708.32View SEC Filing  
1/23/2015David B NavikasVPSell8,290$229.19$1,899,985.10View SEC Filing  
11/14/2014Glenn E Bost IIVPSell2,975$205.11$610,202.25View SEC Filing  
11/7/2014Michael H McgarryCOOSell4,900$205.12$1,005,088.00View SEC Filing  
8/14/2014David B NavikasVPSell9,000$201.13$1,810,170.00View SEC Filing  
7/22/2014Charles E BunchCEOSell95,400$209.46$19,982,484.00View SEC Filing  
7/21/2014Charles E BunchCEOSell47,700$208.81$9,960,237.00View SEC Filing  
4/24/2014Cynthia NiekampVPSell8,700$195.35$1,699,545.00View SEC Filing  
4/23/2014Michael McgarryEVPSell5,000$197.38$986,900.00View SEC Filing  
4/22/2014Viktoras SekmakasEVPSell14,700$196.91$2,894,577.00View SEC Filing  
2/26/2014Glenn Bost IIVPSell8,889$193.25$1,717,799.25View SEC Filing  
2/18/2014Charles BunchCEOSell140,000$184.95$25,893,000.00View SEC Filing  
1/27/2014Richard EliasVPSell4,538$181.64$824,282.32View SEC Filing  
1/21/2014Michael McgarryEVPSell5,000$189.82$949,100.00View SEC Filing  
10/22/2013Charles E BunchCEOSell140,000$177.13$24,798,200.00View SEC Filing  
10/22/2013David B NavikasVPSell2,840$177.83$505,037.20View SEC Filing  
10/22/2013James G BergesDirectorSell2,500$178.25$445,625.00View SEC Filing  
8/26/2013Victoria HaynesDirectorSell1,250$161.58$201,975.00View SEC Filing  
8/9/2013David NavikasVPSell9,400$161.46$1,517,724.00View SEC Filing  
8/7/2013Michael McgarryEVPSell13,600$161.58$2,197,488.00View SEC Filing  
8/1/2013Charles E BunchCEOSell95,000$161.65$15,356,750.00View SEC Filing  
8/1/2013Victoria F HaynesDirectorSell1,250$162.24$202,800.00View SEC Filing  
7/31/2013Richard C EliasVPSell15,000$160.66$2,409,900.00View SEC Filing  
1/16/2013Charles E BunchCEOSell100,000$137.88$13,788,000.00View SEC Filing  
1/16/2013David R WhitwamDirectorSell2,500$137.62$344,050.00View SEC Filing  
1/16/2013J Rich AlexanderEVPSell56,800$137.73$7,823,064.00View SEC Filing  
8/10/2012Viktoras R SekmakasVPSell11,200$110.22$1,234,464.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for PPG Industries (NYSE:PPG)
DateHeadline
News IconIs PPG Industries, Inc. (NYSE:PPG), a large market cap stock a smart buy? (NYSE:PPG)
twincountynews.com - September 28 at 6:36 PM
News IconOlympic “Rescue It!” Class Action Says Sealant is Defective (NYSE:PPG)
topclassactions.com - September 28 at 6:36 PM
News IconBroker Changes For PPG Industries, Inc. (NYSE:PPG) - NewsDen (NYSE:PPG)
newsden.net - September 28 at 12:02 PM
finance.yahoo.com logoPPG Completes Second COLORFUL COMMUNITIES Project in San Juan del Río, Mexico (NYSE:PPG)
finance.yahoo.com - September 28 at 12:02 PM
News IconWill PPG Industries, Inc. (NYSE:PPG) miss earning estimates again? - The Independent Republic (NYSE:PPG)
theindependentrepublic.com - September 27 at 6:44 PM
News IconAnalysts Valuations For Two Stocks: Monsanto Company (NYSE:MON), PPG Industries, Inc. (NYSE:PPG) - The Voice Registrar (NYSE:PPG)
voiceregistrar.com - September 27 at 6:44 PM
News IconTop Gainers of the Day: PPG Industries, Inc. (NYSE:PPG) from Specialty Chemicals (NYSE:PPG)
twincountynews.com - September 27 at 11:26 AM
finance.yahoo.com logoPPG Completes COLORFUL COMMUNITIES Project in Cieszyn, Poland, City Center (NYSE:PPG)
finance.yahoo.com - September 27 at 11:26 AM
marketrealist.com logoPPG Industries Divests Big Stake in PFG Fiber Glass Joint Venture (NYSE:PPG)
marketrealist.com - September 27 at 11:26 AM
4-traders.com logoPPG Industries : continues support of national SkillsUSA Championships (NYSE:PPG)
www.4-traders.com - September 26 at 6:54 PM
marketrealist.com logoChemours Inaugurates New TiO2 Production Line at Altamira in Mexico (NYSE:PPG)
marketrealist.com - September 26 at 6:54 PM
4-traders.com logoPPG Industries : reaches agreement to divest its ownership interest in PFG fiber glass joint ventures (NYSE:PPG)
www.4-traders.com - September 26 at 11:40 AM
nasdaq.com logoYieldBoost PPG Industries To 11.2% Using Options (NYSE:PPG)
www.nasdaq.com - September 24 at 6:08 PM
News IconAnalysts Valuations For Two Stocks: Kinder Morgan Inc (NYSE:KMI), PPG Industries, Inc. (NYSE:PPG) - The Voice Registrar (NYSE:PPG)
voiceregistrar.com - September 23 at 11:35 AM
rttnews.com logoPPG To Divest Ownership Stakes In PFG Fiber Glass Joint Ventures - Quick Facts (NYSE:PPG)
www.rttnews.com - September 22 at 11:40 AM
finance.yahoo.com logo8:12 am PPG Industries to divest its 50% ownership interests in its 2 PFG Fiber Glass joint ventures to Nan Ya Plastics; terms undisclosed (NYSE:PPG)
finance.yahoo.com - September 22 at 11:40 AM
publicnow.com logoPPG reaches agreement to divest its ownership interest in PFG fiber glass joint ventures (NYSE:PPG)
www.publicnow.com - September 22 at 11:40 AM
publicnow.com logoOut of This World Colour Forecast: DULUX Paints announces ‘cosmic purple’ as 2017 Colour of the Year (NYSE:PPG)
www.publicnow.com - September 21 at 6:26 PM
News IconWhat are Analysts Expecting for PPG Industries, Inc. (NYSE:PPG) Earnings? - Frisco Fastball (NYSE:PPG)
friscofastball.com - September 20 at 12:05 PM
publicnow.com logoPPG Foundation supports third-grade science kits for New Hope Elementary (NYSE:PPG)
www.publicnow.com - September 20 at 12:05 PM
finance.yahoo.com logoPPG Completes COLORFUL COMMUNITIES Project at Jana Babáka Primary School in Brno, Czech Republic (NYSE:PPG)
finance.yahoo.com - September 20 at 12:05 PM
finance.yahoo.com logoPPG Declares Launch of Tribrid Lenses in North America (NYSE:PPG)
finance.yahoo.com - September 20 at 12:05 PM
News IconPPG Begins COLORFUL COMMUNITIES Project at Jahn Ferenc Hospital in Budapest (NYSE:PPG)
ih.advfn.com - September 19 at 6:46 PM
News IconHigh Market Cap Stock of the Day – PPG Industries, Inc. (NYSE:PPG) (NYSE:PPG)
twincountynews.com - September 19 at 6:46 PM
4-traders.com logoPPG INDUSTRIES INC : Results of Operations and Financial Condition (form 8-K) (NYSE:PPG)
www.4-traders.com - September 17 at 11:17 AM
prnewswire.com logoHENINGER GARRISON DAVIS, LLC files nationwide class action lawsuit against PPG Industries over property ... - PR Newswire (press release) (NYSE:PPG)
www.prnewswire.com - September 16 at 6:38 PM
biz.yahoo.com logoPPG INDUSTRIES INC Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:PPG)
biz.yahoo.com - September 16 at 6:38 PM
News IconPPG Industries, Inc. (NYSE:PPG) from Specialty Chemicals – Todays Top Gains (NYSE:PPG)
twincountynews.com - September 16 at 10:24 AM
publicnow.com logoPPG earns American Honda approval (NYSE:PPG)
www.publicnow.com - September 16 at 10:24 AM
publicnow.com logoPPG inaugurates e-coat primer pilot system in France for aerospace applications (NYSE:PPG)
www.publicnow.com - September 16 at 10:24 AM
publicnow.com logoPPG, Thai Optical Group and Global Optics announce North American availability of TRIBRID lenses (NYSE:PPG)
www.publicnow.com - September 16 at 10:24 AM
publicnow.com logoPPG making fifth consecutive appearance at U.S. Diesel Truckin’ Nationals (NYSE:PPG)
www.publicnow.com - September 16 at 10:24 AM
News IconAnalysts Valuations For Two Stocks: PPG Industries, Inc. (NYSE ... - The Voice Registrar (NYSE:PPG)
voiceregistrar.com - September 15 at 6:55 PM
streetinsider.com logoForm 4 PPG INDUSTRIES INC For: Sep 12 Filed by: ANGEL STEPHEN F (NYSE:PPG)
www.streetinsider.com - September 14 at 6:59 PM
4-traders.com logoPPG Industries : introduces ADJUSTRITE Commercial Parts Listing Program (NYSE:PPG)
www.4-traders.com - September 14 at 11:10 AM
prnewswire.com logoChemicals Stocks on Investors' Radar -- Chemours, Albemarle, PPG Industries, and Green Plains (NYSE:PPG)
www.prnewswire.com - September 14 at 11:10 AM
News IconAnalysts Valuations For Two Stocks: PPG Industries, Inc. (NYSE:PPG), eBay Inc (NASDAQ:EBAY) - The Voice Registrar (NYSE:PPG)
voiceregistrar.com - September 13 at 11:44 AM
capitalcube.com logoPPG Industries, Inc. – Value Analysis (NYSE:PPG) : September 12, 2016 (NYSE:PPG)
www.capitalcube.com - September 12 at 6:32 PM
marketrealist.com logoPPG Displayed Marine Coatings Technology at Industry Conference (NYSE:PPG)
marketrealist.com - September 12 at 6:32 PM
finance.yahoo.com logoPPG Completes COLORFUL COMMUNITIES Project at Thomas Edison Birthplace Museum in Ohio (NYSE:PPG)
finance.yahoo.com - September 12 at 6:32 PM
finance.yahoo.com logoPPG Industries to Exhibit Packaging Coatings in New York City (NYSE:PPG)
finance.yahoo.com - September 12 at 11:30 AM
marketrealist.com logoA Quick Look into Valspar’s Valuations versus Peers (NYSE:PPG)
marketrealist.com - September 12 at 11:29 AM
nasdaq.com logoPPG Industries (PPG) Shares Cross Below 200 DMA (NYSE:PPG)
www.nasdaq.com - September 10 at 11:03 AM
bizjournals.com logoPPG, Pitt awarded DOE grants to improve gas lines - Pittsburgh Business Times (NYSE:PPG)
www.bizjournals.com - September 9 at 6:30 PM
News IconPPG Industries, Inc. (NYSE:PPG) From The Analysts Point of View - National Daily Press (NYSE:PPG)
www.nationaldailypress.com - September 9 at 6:30 PM
nasdaq.com logoPPG Industries (PPG) Shares Cross Below 200 DMA - Nasdaq (NYSE:PPG)
www.nasdaq.com - September 9 at 6:30 PM
marketrealist.com logoWhy Did Valspar Miss 3Q16 Analyst Revenue Estimates? (NYSE:PPG)
marketrealist.com - September 9 at 6:30 PM
News IconPitt, PPG among awardees in $13 million methane program (NYSE:PPG)
triblive.com - September 9 at 11:35 AM
4-traders.com logoPPG Industries : Assigned Patent (NYSE:PPG)
www.4-traders.com - September 9 at 11:35 AM
News IconPPG Industries, Inc. (NYSE:PPG) From The Analysts Point of View (NYSE:PPG)
www.nationaldailypress.com - September 9 at 11:35 AM

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PPG Industries (NYSE:PPG) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff