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

$118.29
-0.97 (-0.81 %)
(As of 09/23/2019 01:30 PM ET)
Today's Range
$117.99
Now: $118.29
$119.20
50-Day Range
$106.54
MA: $113.13
$120.93
52-Week Range
$94.37
Now: $118.29
$121.29
Volume203,060 shs
Average Volume1.00 million shs
Market Capitalization$27.95 billion
P/E Ratio19.98
Dividend Yield1.69%
Beta1.23
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. Read More…

Industry, Sector and Symbol

Industry Paints & allied products
Sub-IndustryDiversified Chemicals
SectorBasic Materials
CUSIP69350610
Phone412-434-3131

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$15.37 billion
Cash Flow$7.9496 per share
Book Value$19.73 per share

Profitability

Net Income$1.34 billion

Miscellaneous

Employees47,300
Market Cap$27.95 billion
Next Earnings Date10/17/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Thursday, July 18th. Shareholders of record on Monday, August 12th will be given a dividend of $0.51 per share on Thursday, September 12th. This represents a $2.04 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Friday, August 9th. This is an increase from PPG Industries's previous quarterly dividend of $0.48. View PPG Industries' Dividend History.

How will PPG Industries' stock buyback program work?

PPG Industries announced that its Board of Directors has authorized a stock buyback plan on Friday, December 15th 2017, which allows the company to repurchase $2,500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

How were PPG Industries' earnings last quarter?

PPG Industries, Inc. (NYSE:PPG) released its quarterly earnings results on Thursday, July, 18th. The specialty chemicals company reported $1.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.83 by $0.02. The specialty chemicals company earned $4.02 billion during the quarter, compared to the consensus estimate of $4.10 billion. PPG Industries had a return on equity of 27.89% and a net margin of 8.07%. The business's quarterly revenue was down 2.6% compared to the same quarter last year. During the same period last year, the business posted $1.90 earnings per share. View PPG Industries' Earnings History.

When is PPG Industries' next earnings date?

PPG Industries is scheduled to release their next quarterly earnings announcement on Thursday, October 17th 2019. View Earnings Estimates for PPG Industries.

What guidance has PPG Industries issued on next quarter's earnings?

PPG Industries issued an update on its third quarter earnings guidance on Thursday, July, 18th. The company provided earnings per share (EPS) guidance of $1.57-1.67 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.68.

What price target have analysts set for PPG?

17 analysts have issued 12-month price targets for PPG Industries' shares. Their forecasts range from $103.00 to $138.00. On average, they anticipate PPG Industries' share price to reach $122.1429 in the next twelve months. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Price Targets for PPG Industries.

What is the consensus analysts' recommendation for PPG Industries?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 2 sell ratings, 7 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PPG Industries.

Has PPG Industries been receiving favorable news coverage?

News stories about PPG stock have been trending somewhat negative recently, InfoTrie reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. PPG Industries earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned media headlines about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for PPG Industries.

Who are some of PPG Industries' key competitors?

What other stocks do shareholders of PPG Industries own?

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

Who are PPG Industries' key executives?

PPG Industries' management team includes the folowing people:
  • Mr. Michael H. McGarry, Chairman & CEO (Age 61)
  • Mr. Vincent J. Morales, Sr. VP & CFO (Age 53)
  • Mr. Timothy M. Knavish, Sr. VP of Architectural Coatings & Pres PPG EMEA (Age 53)
  • Ms. Rebecca B. Liebert, Sr. VP of Automotive Coatings (Age 51)
  • Mr. David Stanley Bem Ph.D., VP of Science & Technology and CTO

Who are PPG Industries' major shareholders?

PPG Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.50%), BlackRock Inc. (6.22%), BlackRock Inc. (6.22%), Trian Fund Management L.P. (1.79%), Parnassus Investments CA (1.77%) and Wells Fargo & Company MN (1.33%). 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.

Which institutional investors are selling PPG Industries stock?

PPG stock was sold by a variety of institutional investors in the last quarter, including Trian Fund Management L.P., Price T Rowe Associates Inc. MD, Quest Capital Management Inc. ADV, First Trust Advisors LP, Balyasny Asset Management LLC, California Public Employees Retirement System, Echo Street Capital Management LLC and UBS Asset Management Americas Inc.. 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.

Which institutional investors are buying PPG Industries stock?

PPG stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, APG Asset Management N.V., Royal Bank of Canada, Panagora Asset Management Inc., BlackRock Inc., BlackRock Inc., Renaissance Technologies LLC and Canada Pension Plan Investment Board. 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, Robinhood, Fidelity and Charles Schwab.

What is PPG Industries' stock price today?

One share of PPG stock can currently be purchased for approximately $118.29.

How big of a company is PPG Industries?

PPG Industries has a market capitalization of $27.95 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.

What is PPG Industries' official website?

The official website for PPG Industries is http://www.ppg.com/.

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 (NYSE PPG)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  723 (Vote Outperform)
Underperform Votes:  623 (Vote Underperform)
Total Votes:  1,346
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.
This page was last updated on 9/23/2019 by MarketBeat.com Staff

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