PPG Industries Inc (PPG)

NYSE
Currency in USD
100.05
+1.63(+1.66%)
Closed·
Pre Market
99.70-0.35(-0.35%)
·
PPG Scorecard
Full Analysis
Management has been aggressively buying back shares
Earnings results expected in 8 days
Fair Value
Day's Range
98.68101.00
52 wk Range
90.24137.24
Key Statistics
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Prev. Close
100.05
Open
99.35
Day's Range
98.68-101
52 wk Range
90.24-137.24
Volume
2.24M
Average Volume (3m)
2.38M
1-Year Change
-23.57%
Book Value / Share
29.28
Fair Value
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Fair Value Upside
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PPG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
125.64
Upside
+25.58%
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield
Show more

PPG Industries Inc Company Profile

PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through three segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings. The Global Architectural Coatings segment offers paints, wood stains, adhesives, sealants, and purchased sundries for painting and maintenance contractors and consumers. The Performance Coatings segment offers coatings, sealants, transparencies, adhesives, engineered materials, packaging, and chemical management services for aerospace industry; coatings, solvents, adhesives, sealants, purchased sundries, digital solutions and paint films for automotive and commercial transport industries; coatings and finishes for protection of metals and structures; and paints, thermoplastics, raised pavement markers, and other pavement marking technologies for government, commercial infrastructure, painting, and maintenance contractors. The Industrial Coatings segment provides coatings, adhesives and sealants, metal pretreatments, and paint films, as well as technical services and coatings applications for automotive original equipment manufacturers, tier supplier, appliances, agricultural and construction equipment, consumer electronics, automotive parts and accessories, building products, kitchenware, and transportation vehicles and other finished products; and on-site coatings services. It also offers coatings for metal cans, closures, plastic and aluminum tubes for food, beverage and personal care, promotional, and specialty packaging; TESLIN substrates for labels, e-passports, drivers’ licenses, breathable membranes, and loyalty and identification cards; and organic light emitting diode materials, displays and lighting lens materials, optical lenses, color-change products, and photochromic dyes. The company was incorporated in 1883 and is based in Pittsburgh, Pennsylvania.

Industry
Chemicals
Employees
46000

PPG Industries Inc SWOT Analysis


Global Paint Pionee
Explore PPG Industries' position as a worldwide leader in coatings, facing challenges while seeking growth opportunities in diverse markets
Financial Headwinds
Delve into PPG's recent performance, including earnings misses and downward revisions, with EPS estimates for FY 2025 ranging from $7.80 to $7.85
Strategic Resilience
Uncover PPG's "Next Chapter" strategy, focusing on portfolio optimization, margin improvement, and a $60 million cost-saving program for 2025
Market Opportunities
Learn about PPG's growth prospects in emerging economies, particularly in the electric vehicle coating segment, with an average analyst price target of $137.71
Read full SWOT analysis

PPG Industries Inc Earnings Call Summary for Q3/2024

  • PPG reports Q3 sales of $4.6B, record adjusted EPS of $2.13, up 3% YoY; plans to divest Global Silicas and Architectural Coatings businesses
  • Restructuring program targets $175M in savings; company returned ~$1B to shareholders YTD and ended Q3 with $1.3B cash on hand
  • Positive outlook for 2024 automotive builds; expects stabilized European market and growth initiatives to enhance 2025 performance
  • Challenges persist in Industrial Coatings due to declining automotive production; Aerospace sector shows strong demand with high single-digit growth
  • Raw material costs projected flat for Q4 2023; company open to M&A opportunities aligned with growth strategy
Last Updated: 10/18/2024, 07:06 PM
Read Full Transcript

Compare PPG to Peers and Sector

Metrics to compare
PPG
Peers
Sector
Relationship
P/E Ratio
16.9x13.7x0.0x
PEG Ratio
−1.490.280.00
Price/Book
3.3x1.6x1.6x
Price / LTM Sales
1.4x1.3x1.1x
Upside (Analyst Target)
25.4%0.0%35.9%
Fair Value Upside
Unlock32.5%4.3%Unlock

Analyst Ratings

11 Buy
15 Hold
0 Sell
Ratings:
26 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 125.64
(+25.58% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.75%
Dividend Yield
2.72%
Industry Median 1.54%
Annualized payout
2.72
Paid quarterly
5-Years Growth
+6.08%
Growth Streak

Earnings

Latest Release
Jan 31, 2025
EPS / Forecast
1.61 / 1.65
Revenue / Forecast
3.73B / 4.07B
EPS Revisions
Last 90 days

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FAQ

What Is the PPG Industries (PPG) Stock Price Today?

The PPG Industries stock price today is 100.05

What Stock Exchange Does PPG Industries Trade On?

PPG Industries is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for PPG Industries?

The stock symbol for PPG Industries is "PPG."

Does PPG Industries Pay Dividends? What’s The Current Dividend Yield?

The PPG Industries dividend yield is 2.72%.

What Is the PPG Industries Market Cap?

As of today, PPG Industries market cap is 22.71B.

What is PPG Industries Earnings Per Share?

The PPG Industries EPS is 5.75.

What Is the Next PPG Industries Earnings Date?

PPG Industries will release its next earnings report on Apr 28, 2025.

From a Technical Analysis Perspective, Is PPG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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