PPG Industries, Inc. (PPG)
- Previous Close
134.96 - Open
136.03 - Bid --
- Ask --
- Day's Range
134.16 - 136.39 - 52 Week Range
120.33 - 152.89 - Volume
2,267,036 - Avg. Volume
1,718,674 - Market Cap (intraday)
31.8B - Beta (5Y Monthly) 1.28
- PE Ratio (TTM)
25.25 - EPS (TTM)
5.35 - Earnings Date Apr 19, 2024
- Forward Dividend & Yield 2.57 (1.90%)
- Ex-Dividend Date May 9, 2024
- 1y Target Est
159.69
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 two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft. The Industrial Coatings segment offers coatings, adhesives and sealants, and metal pretreatments, as well as services and coatings applications for 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 provides coatings for metal cans, closures, plastic and aluminum tubes for food, beverage and personal care, promotional, and specialty packaging; amorphous precipitated silica for tire, battery separator, and other end-uses; 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. PPG Industries, Inc. was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania.
www.ppg.com53,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
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Performance Overview: PPG
Trailing total returns as of 4/18/2024, which may include dividends or other distributions. Benchmark is .
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5-Year Return
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Statistics: PPG
Valuation Measures
Market Cap
31.80B
Enterprise Value
37.08B
Trailing P/E
25.25
Forward P/E
16.00
PEG Ratio (5yr expected)
1.17
Price/Sales (ttm)
1.76
Price/Book (mrq)
4.06
Enterprise Value/Revenue
2.03
Enterprise Value/EBITDA
14.52
Financial Highlights
Profitability and Income Statement
Profit Margin
6.96%
Return on Assets (ttm)
6.63%
Return on Equity (ttm)
17.77%
Revenue (ttm)
18.25B
Net Income Avi to Common (ttm)
1.27B
Diluted EPS (ttm)
5.35
Balance Sheet and Cash Flow
Total Cash (mrq)
1.6B
Total Debt/Equity (mrq)
85.87%
Levered Free Cash Flow (ttm)
1.82B
Research Analysis: PPG
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: PPG
Analyst Report: PPG Industries, Inc.
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
RatingBearishPrice TargetWeekly Stock List
Management's ability to "raise guidance" can often be a catalyst for market-beating returns in the quarters ahead. The fourth-quarter earnings season has crossed the 95% mark and is wrapping up, with blended earnings (actual results and the consensus for those still to report) showing a year-over-year gain of almost 10%, according to Refinitiv. That is considerably better than the 4%-7% advance expected at the start of the earnings period. Leading the outperformance were strong gains in Communication Services earnings, up 53%. On the flipside, Energy (like last quarter) is performing the worst, down 22%. Our analysts are always on the lookout for companies that boost their outlooks during earnings season. Here is an initial list of BUY-rated companies in Argus' Fundamental Universe of Coverage at which management raised guidance or increased its outlook during the 4Q23 EPS reporting season.
Analyst Report: PPG Industries, Inc.
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
RatingBearishPrice TargetAnalyst Report: PPG Industries, Inc.
PPG Industries is a diversified coatings producer and the No. 2 global producer of paints and coatings. PPG is a No. 1 or 2 producer in nearly every major end market, including auto OEM, aerospace, and auto refinishing. PPG's coatings sales are split relatively evenly among North America, Western Europe, and emerging markets. Founded in 1883, PPG is based in Pittsburgh and operates in nearly 70 countries. The company reported revenue of $18.246 billion in 2023, up from $17.652 billion in 2022.
RatingBullishPrice Target