PPG Industries Stock Price, News & Analysis (NYSE:PPG)

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

PPG Industries declared a quarterly dividend on Thursday, October 17th. Stockholders of record on Tuesday, November 12th will be given a dividend of $0.51 per share on Thursday, December 12th. This represents a $2.04 annualized dividend and a dividend yield of 1.64%. View PPG Industries' Dividend History.

PPG Industries announced that its board has authorized a share buyback program on Friday, December 15th 2017, which allows the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its stock is undervalued.

PPG Industries, Inc. (NYSE:PPG) posted its earnings results on Thursday, October, 17th. The specialty chemicals company reported $1.67 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.61 by $0.06. The specialty chemicals company earned $3.83 billion during the quarter, compared to analysts' expectations of $3.89 billion. PPG Industries had a net margin of 8.00% and a return on equity of 28.90%. The business's quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.45 earnings per share. View PPG Industries' Earnings History.

PPG Industries is scheduled to release their next quarterly earnings announcement on Thursday, January 16th 2020. View Earnings Estimates for PPG Industries.

PPG Industries issued an update on its FY19 earnings guidance on Thursday, October, 17th. The company provided earnings per share (EPS) guidance of $6.17-6.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.25.

17 brokers have issued 12 month price objectives for PPG Industries' shares. Their forecasts range from $103.00 to $140.00. On average, they expect PPG Industries' share price to reach $126.00 in the next year. This suggests a possible upside of 1.4% from the stock's current price. View Analyst Price Targets for PPG Industries.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 1 sell rating, 7 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PPG Industries.

Media headlines about PPG stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PPG Industries earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for PPG Industries.

PPG Industries saw a decrease in short interest during the month of September. As of September 15th, there was short interest totalling 4,470,000 shares, a decrease of 9.9% from the August 15th total of 4,960,000 shares. Based on an average daily volume of 1,130,000 shares, the short-interest ratio is currently 4.0 days. Currently, 1.9% of the company's stock are sold short. View PPG Industries' Current Options Chain.

Some companies that are related to PPG Industries include Akzo Nobel (AKZOD), Akzo Nobel (AKZOY), Nippon Paint (NPCPF), RPM International (RPM), Axalta Coating Systems (AXTA) and Ferro (FOE).

Based on aggregate information from My MarketBeat watchlists, some companies that other PPG Industries investors own include Johnson & Johnson (JNJ), Mcdonald's (MCD), Home Depot (HD), The Coca-Cola (KO), Exxon Mobil (XOM), Procter & Gamble (PG), United Technologies (UTX), Walt Disney (DIS), PepsiCo (PEP) and Cisco Systems (CSCO).

PPG Industries' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Meyer Handelman Co. (0.09%), Confluence Investment Management LLC (0.08%), State of Alaska Department of Revenue (0.04%), Envestnet Asset Management Inc. (0.04%), Robeco Institutional Asset Management B.V. (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.03%). Company insiders that own PPG Industries stock include Jean-Marie Greindl, 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 Robeco Institutional Asset Management B.V., Gateway Investment Advisers LLC, Stephens Inc. AR, NuWave Investment Management LLC, Zeke Capital Advisors LLC, CenturyLink Investment Management Co, SevenBridge Financial Group LLC and Cerebellum GP LLC. Company insiders that have sold PPG Industries company stock in the last year include Michael H Mcgarry, Vadlamannati Ramaprasad, Victoria F Haynes and William E Schaupp. View Insider Buying and Selling for PPG Industries.

PPG stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, DNB Asset Management AS, Confluence Investment Management LLC, Envestnet Asset Management Inc., Gofen & Glossberg LLC IL, Iowa State Bank, Ferguson Wellman Capital Management Inc. and Sumitomo Mitsui DS Asset Management Company Ltd. View Insider Buying and Selling 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 $124.23.

PPG Industries has a market capitalization of $29.35 billion and generates $15.37 billion in revenue each year. The specialty chemicals company earns $1.34 billion in net income (profit) each year or $5.92 on an earnings per share basis. PPG Industries employs 47,300 workers across the globe.View Additional Information About PPG Industries.

The official website for PPG Industries is http://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]