NYSE:PPGPPG Industries Stock Price, Forecast & News

PPG Industries' stock was trading at $96.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PPG shares have increased by 18.6% and is now trading at $115.04. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 9 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PPG Industries.

PPG Industries is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for PPG Industries.

PPG Industries, Inc. (NYSE:PPG) issued its quarterly earnings data on Monday, April, 27th. The specialty chemicals company reported $1.19 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.17 by $0.02. The specialty chemicals company had revenue of $3.38 billion for the quarter, compared to analysts' expectations of $3.42 billion. PPG Industries had a net margin of 7.88% and a return on equity of 27.56%. PPG Industries's revenue was down 6.8% on a year-over-year basis. During the same period last year, the company posted $1.38 EPS. View PPG Industries' earnings history.

PPG Industries declared a quarterly dividend on Thursday, April 16th. Investors of record on Monday, May 11th will be given a dividend of $0.51 per share on Friday, June 12th. This represents a $2.04 annualized dividend and a yield of 1.77%. The ex-dividend date is Friday, May 8th. View PPG Industries' dividend history.

19 brokerages have issued twelve-month price targets for PPG Industries' stock. Their forecasts range from $82.00 to $150.00. On average, they anticipate PPG Industries' share price to reach $111.44 in the next year. This suggests that the stock has a possible downside of 3.1%. View analysts' price targets for PPG Industries.

Media headlines about PPG stock have trended positive recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. PPG Industries earned a coverage optimism score of 2.1 on InfoTrie's scale. They also gave headlines about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news about PPG Industries.

PPG Industries saw a increase in short interest in June. As of June 30th, there was short interest totaling 3,100,000 shares, an increase of 17.0% from the June 15th total of 2,650,000 shares. Based on an average trading volume of 1,890,000 shares, the short-interest ratio is presently 1.6 days. Currently, 1.3% of the shares of the company are sold short. View PPG Industries' Current Options Chain.

Some companies that are related to PPG Industries include Dow Chemical (DOW), FMC (FMC), Eastman Chemical (EMN), Huntsman (HUN), Olin (OLN) and LSB Industries (LXU). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PPG Industries investors own include Johnson & Johnson (JNJ), Procter & Gamble (PG), Home Depot (HD), Coca-Cola (KO), Mcdonald's (MCD), Walt Disney (DIS), AT&T (T), PepsiCo (PEP), AbbVie (ABBV) and Verizon Communications (VZ).

PPG Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "PPG."

PPG Industries' stock is owned by many different institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.09%), Wesbanco Bank Inc. (0.05%), Envestnet Asset Management Inc. (0.04%), Manning & Napier Group LLC (0.03%), State of Alaska Department of Revenue (0.03%) and TIAA FSB (0.02%). Company insiders that own PPG Industries stock include Michael H Mcgarry, Vadlamannati Ramaprasad, Victoria F Haynes and William E Schaupp. View institutional ownership trends for PPG Industries.

PPG stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, IFM Investors Pty Ltd, Wesbanco Bank Inc., North Star Investment Management Corp., Gateway Investment Advisers LLC, CENTRAL TRUST Co, Diversified Trust Co, and Verity & Verity LLC. Company insiders that have sold PPG Industries company stock in the last year include Michael H Mcgarry, and Vadlamannati Ramaprasad. View insider buying and selling activity for PPG Industries.

PPG stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., First United Bank Trust, Canandaigua National Corp, Private Trust Co. NA, Manning & Napier Group LLC, Confluence Investment Management LLC, TIAA FSB, and Home Federal Bank of Tennessee. View insider buying and selling activity for PPG Industries.

Shares of PPG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PPG stock can currently be purchased for approximately $115.04.

PPG Industries has a market capitalization of $27.14 billion and generates $15.15 billion in revenue each year. The specialty chemicals company earns $1.24 billion in net income (profit) each year or $6.22 on an earnings per share basis. PPG Industries employs 47,600 workers across the globe.

The official website for PPG Industries is www.ppg.com.

PPG Industries' mailing address is ONE PPG PL 40 EAST, PITTSBURGH PA, 15272. The specialty chemicals company can be reached via phone at 412-434-3131 or via email at [email protected]