About PPG Industries (NYSE:PPG)
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials in the United States and internationally. It operates through Performance Coatings and Industrial Coatings segments. The Performance Coatings segment provides coatings products for automotive and commercial transport/fleet repair and refurbishing; light industrial and specialty coatings for signs; coatings, sealants, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor; protective and marine coatings and finishes; architectural coatings; and purchased sundries to painting contractors and consumers, as well as chemical management services. The Industrial Coatings segment provides adhesives and sealants for the automotive industry; metal pretreatments and related chemicals for industrial and automotive applications; packaging coatings for the protection, performance, and decoration of metal cans, closures, plastic tubes, industrial packaging, and promotional and specialty packaging; precipitated silicas for tire, battery separator, and other markets; substrates for use in radio frequency identification tags and labels, e-passports, drivers' licenses, and identification cards; organic light emitting diode materials for use in displays and lighting; optical lens materials and photochromic dyes for optical lenses and color-change products. The company was founded in 1883 and is headquartered in Pittsburgh, Pennsylvania.
Industry, Sector and Symbol
Industry Paints & allied products
Trailing P/E Ratio17.80
Forward P/E Ratio16.43
Sales & Book Value
Annual Sales$14.75 billion
Price / Sales1.77
Cash Flow$7.6887 per share
Price / Cash13.59
Book Value$22.29 per share
Price / Book4.69
EPS (Most Recent Fiscal Year)$5.87
Net Income$1.59 billion
Return on Equity26.15%
Return on Assets8.91%
PPG Industries (NYSE:PPG) Frequently Asked Questions
What is PPG Industries' stock symbol?
PPG Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "PPG."
How often does PPG Industries pay dividends? What is the dividend yield for PPG Industries?
PPG Industries declared a quarterly dividend on Thursday, April 19th. Shareholders of record on Thursday, May 10th will be given a dividend of $0.45 per share on Tuesday, June 12th. This represents a $1.80 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Wednesday, May 9th. View PPG Industries' Dividend History.
How will PPG Industries' stock buyback program work?
PPG Industries announced that its board has approved a stock buyback plan on Friday, December 15th 2017, which authorizes the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its stock is undervalued.
How were PPG Industries' earnings last quarter?
PPG Industries, Inc. (NYSE:PPG) announced its quarterly earnings results on Thursday, April, 19th. The specialty chemicals company reported $1.39 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.49 by $0.10. The specialty chemicals company earned $3.79 billion during the quarter, compared to analyst estimates of $3.72 billion. PPG Industries had a net margin of 10.94% and a return on equity of 26.15%. The firm's quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.35 EPS. View PPG Industries' Earnings History.
When is PPG Industries' next earnings date?
What price target have analysts set for PPG?
18 brokers have issued 1-year price objectives for PPG Industries' shares. Their forecasts range from $113.00 to $139.00. On average, they anticipate PPG Industries' share price to reach $123.6471 in the next year. View Analyst Ratings for PPG Industries.
Who are some of PPG Industries' key competitors?
Some companies that are related to PPG Industries include Basf (BASFY), BP (BP), BHP Billiton (BLT), BHP Billiton (BHP), Basf (BAS), Rio Tinto plc ADR Common Stock (RIO), GLENCORE PLC/ADR (GLNCY), Suncor Energy (SU), Vale (VALE), Rio Tinto (RIO), Showa Denko (SHWDY), Monsanto (MON), Glencore (GLEN), AIR LIQUIDE/ADR (AIQUY) and TC PIPELINES LP Common Stock (TRP).
Who are PPG Industries' key executives?
PPG Industries' management team includes the folowing people:
- Mr. Michael H. McGarry, Chairman & CEO (Age 60)
- Mr. Vincent J. Morales, Sr. VP & CFO (Age 52)
- Mr. Glenn E. Bost II, Sr. VP & Gen. Counsel (Age 66)
- Mr. Timothy M. Knavish, Sr. VP of Industrial Coatings (Age 52)
- Mr. Jean-Marie Greindl, Sr. VP of Architectural Coatings & Pres of EMEA (Age 55)
Has PPG Industries been receiving favorable news coverage?
Media stories about PPG stock have trended positive recently, Accern reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. PPG Industries earned a news sentiment score of 0.26 on Accern's scale. They also assigned headlines about the specialty chemicals company an impact score of 47.13 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are PPG Industries' major shareholders?
PPG Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (7.65%), BlackRock Inc. (6.01%), Aristotle Capital Management LLC (1.36%), Wells Fargo & Company MN (1.33%), Thomaspartners Inc. (1.24%) and Northern Trust Corp (1.19%). Company insiders that own PPG Industries stock include Glenn E Bost II, Jean-Marie Greindl, Timothy M Knavish and Viktoras R Sekmakas. View Institutional Ownership Trends for PPG Industries.
Which institutional investors are selling PPG Industries stock?
PPG stock was sold by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Millennium Management LLC, American Century Companies Inc., Principal Financial Group Inc., Principal Financial Group Inc., Swiss National Bank, Honeywell International Inc. and WINTON GROUP Ltd. Company insiders that have sold PPG Industries company stock in the last year include Glenn E Bost II, Jean-Marie Greindl and Viktoras R Sekmakas. View Insider Buying and Selling for PPG Industries.
Which institutional investors are buying PPG Industries stock?
PPG stock was bought by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Findlay Park Partners LLP, WBI Investments Inc., Aristotle Capital Management LLC, The Manufacturers Life Insurance Company, Wells Fargo & Company MN, Royal Bank of Canada and Neuberger Berman Group LLC. View Insider Buying and Selling for PPG Industries.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is PPG Industries' stock price today?
One share of PPG stock can currently be purchased for approximately $104.49.
How big of a company is PPG Industries?
PPG Industries has a market capitalization of $26.33 billion and generates $14.75 billion in revenue each year. The specialty chemicals company earns $1.59 billion in net income (profit) each year or $5.87 on an earnings per share basis. PPG Industries employs 28,200 workers across the globe.
How can I contact PPG Industries?
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]
MarketBeat Community Rating for PPG Industries (PPG)MarketBeat's community ratings are surveys of what our community members think about PPG Industries and other stocks. Vote "Outperform" if you believe PPG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PPG will underperform the S&P 500 over the long term. You may vote once every thirty days.