PPG Industries (NYSE:PPG) has been highlighted for its potential long-term value to shareholders, demonstrating consistent profitability and positive revenue trends. The company's financial stability is underpinned by a 9.8% annual EPS growth over the past three years and an increased EBIT margin from 9.2% to 12%. According to InvestingPro Data, the company has a robust market cap of 30.37B USD and a P/E ratio of 22.97, reinforcing its financial stability.
The firm's steady top-line growth indicates sustainability, even in the face of static revenue, suggesting that the company could maintain its performance if it continues on this trajectory. Analysts have also forecasted future profits for PPG Industries, further bolstering the company's outlook. In fact, as per InvestingPro Tips, 16 analysts have revised their earnings upwards for the upcoming period. Additionally, the company has been profitable over the last twelve months and is predicted to maintain profitability this year.
The market, often seen as a short-term voting machine but ultimately a long-term weighing machine, is expected to reflect these EPS outcomes. It's worth noting that PPG Industries has a history of rewarding its shareholders, having raised its dividend for 52 consecutive years, as highlighted by InvestingPro Tips.
The company's commitment to maintaining dividend payments, as evidenced by its track record of 53 consecutive years, is a testament to this. These insights, along with many others, are part of the InvestingPro product that includes additional tips. For more information on this, visit InvestingPro Pricing.
The company's current fair value, according to InvestingPro, is $135.67, indicating potential for growth and providing another reason for investors to consider PPG Industries as a long-term investment.
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