NYSE:PPGPPG Industries Stock Price, Forecast & News

PPG Industries' stock was trading at $96.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PPG shares have increased by 14.6% and is now trading at $111.12. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 10 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) posted its quarterly earnings results on Monday, April, 27th. The specialty chemicals company reported $1.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 quarterly revenue was down 6.8% on a year-over-year basis. During the same period last year, the firm earned $1.38 EPS. View PPG Industries' earnings history.

PPG Industries declared a quarterly dividend on Thursday, April 16th. Shareholders of record on Monday, May 11th will be paid a dividend of $0.51 per share on Friday, June 12th. This represents a $2.04 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Friday, May 8th. View PPG Industries' dividend history.

20 equities research analysts have issued 1 year target prices for PPG Industries' shares. Their forecasts range from $82.00 to $150.00. On average, they anticipate PPG Industries' share price to reach $109.68 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View analysts' price targets for PPG Industries.

News stories about PPG stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PPG Industries earned a media sentiment score of -2.7 on InfoTrie's scale. They also gave news articles about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutPPG Industries.

PPG Industries saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,770,000 shares, a decrease of 26.5% from the April 30th total of 3,770,000 shares. Based on an average trading volume of 2,230,000 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.2% of the company's shares are short sold. View PPG Industries' Current Options Chain.

Some companies that are related to PPG Industries include 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 a variety of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (8.98%), State Street Corp (4.56%), Clearbridge Investments LLC (2.79%), Wellington Management Group LLP (2.67%), Wells Fargo & Company MN (1.44%) and Geode Capital Management LLC (1.37%). 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 Parnassus Investments CA, Massachusetts Financial Services Co. MA, State Street Corp, APG Asset Management N.V., Lord Abbett & CO. LLC, Wellington Management Group LLP, Bank of New York Mellon Corp, and Waddell & Reed Financial Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, First Eagle Investment Management LLC, Nuveen Asset Management LLC, First Trust Advisors LP, Ceredex Value Advisors LLC, Schroder Investment Management Group, The Manufacturers Life Insurance Company , and Johnson Investment Counsel Inc.. 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 $111.12.

PPG Industries has a market capitalization of $26.22 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]