PPG Industries, Inc. (PPG)

NYSE: PPG · IEX Real-Time Price · USD
144.98
+2.28 (1.60%)
Dec 7, 2023, 4:00 PM EST - Market closed
1.60%
Market Cap 33.65B
Revenue (ttm) 18.08B
Net Income (ttm) 1.42B
Shares Out 235.80M
EPS (ttm) 5.96
PE Ratio 24.33
Forward PE 17.53
Dividend $2.60 (1.79%)
Ex-Dividend Date Nov 9, 2023
Volume 1,466,826
Open 144.12
Previous Close 142.70
Day's Range 143.03 - 145.40
52-Week Range 120.33 - 152.89
Beta 1.24
Analysts Buy
Price Target 156.13 (+7.69%)
Earnings Date Jan 18, 2024

About PPG

PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company operates through 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; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management servic... [Read more]

Sector Materials
Founded 1883
Employees 52,000
Stock Exchange NYSE
Ticker Symbol PPG
Full Company Profile

Financial Performance

In 2022, PPG Industries's revenue was $17.65 billion, an increase of 5.06% compared to the previous year's $16.80 billion. Earnings were $1.03 billion, a decrease of -28.70%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for PPG stock is "Buy." The 12-month stock price forecast is $156.13, which is an increase of 7.69% from the latest price.

Price Target
$156.13
(7.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PPG announces leadership changes in aerospace coatings business

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the appointment of Sam Millikin as vice president, aerospace coatings, effective Jan. 1, 2024. In this role, Millikin will lead this global ...

2 days ago - Business Wire

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

5 weeks ago - Kiplinger

PPG Board of Directors announce quarterly dividend of 65 cents per share

PITTSBURGH--(BUSINESS WIRE)--The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 65 cents per share, payable Dec. 12 to shareholders of record Nov. 10. This payment...

7 weeks ago - Business Wire

PPG reports third quarter financial results; raises full-year EPS guidance

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today reported financial results for the third quarter 2023. Third Quarter Consolidated Results $ in millions, except EPS 3Q 2023 3Q 2022 Y-O-Y change Net s...

7 weeks ago - Business Wire

PPG divests Traffic Solutions operations in Australia and New Zealand

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has divested all Traffic Solutions operations in Australia and New Zealand to Geveko Markings, a pavement markings specialist headqu...

7 weeks ago - Business Wire

PPG, PPG Foundation to invest $2 million to prepare students for skilled trade careers

PITTSBURGH--(BUSINESS WIRE)--PPG, PPG Foundation to invest $2 million to prepare students for skilled trade careers.

2 months ago - Business Wire

GLIDDEN MAX FLEX Exterior Fabric spray paint by PPG named a winner in Good Housekeeping's 2023 Home Renovations Awards

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that GLIDDEN MAX FLEX™ Exterior Fabric spray paint + primer* by PPG has been named a winner in Good Housekeeping's 2023 Home Renovation Awa...

2 months ago - Business Wire

Will Electronic Arts Stock Offer Better Returns Than PPG Industries In The Next Three Years?

We believe Electronic Arts stock (NASDAQ: EA) is a better pick than PPG Industries stock (NYSE: PPG), a paints, coatings, and specialty materials supplier, given its b

Other symbols: EA
2 months ago - Forbes

PPG receives top honors for product innovation, DE&I at The Home Depot's 2023 Innovation Awards

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it has received two notable honors from retail partner The Home Depot as part of the retailer's annual Supplier Partnership Meeting. T...

2 months ago - Business Wire

PPG partners with Dutch university to develop world's first off-road solar car

AMSTERDAM--(BUSINESS WIRE)--PPG partners with Dutch university to develop world's first off-road solar car.

2 months ago - Business Wire

PPG's COLORFUL COMMUNITIES program marks 500th project with makeover at Carnegie Science Center in Pittsburgh

PITTSBURGH--(BUSINESS WIRE)--PPG's COLORFUL COMMUNITIES program marks 500th project with makeover at Carnegie Science Center in Pittsburgh.

2 months ago - Business Wire

Hugh Grant to retire from PPG board of directors; Michael Lamach appointed independent lead director

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Hugh Grant, 65, PPG independent lead director, has informed the board of directors of his decision to end his tenure as independent lea...

2 months ago - Business Wire

Tim Knavish elected PPG Chairman and CEO; Michael McGarry to retire as Executive Chairman

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that its Board of Directors has unanimously elected PPG president and chief executive officer (CEO), Tim Knavish, 58, as chair of the compan...

2 months ago - Business Wire

PPG, Flō-Optics announce exclusive supplier agreement for first digitally applied optical coatings

PITTSBURGH--(BUSINESS WIRE)--PPG and Flō-Optics announce exclusive supplier agreement for first digitally applied optical coatings.

2 months ago - Business Wire

PPG to announce third-quarter 2023 results October 18

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the following details for its third quarter 2023 earnings release and teleconference call. Earnings release:     Wednesday, October 18, aft...

2 months ago - Business Wire

SICO paint by PPG names 2024 Colour of the Year: Satin

TORONTO--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced SICO™ paint by PPG's 2024 Colour of the Year – Satin (6112-31). This modern, yellow hue balances the power of a primary colour with the subtlet...

3 months ago - Business Wire

DULUX Paints by PPG launches new take on neutrals with 2024 Colour of the Year, Limitless

TORONTO--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that DULUX™ Paints by PPG has selected Limitless (DLX1091-3) as its 2024 Colour of the Year. This fresh take on a neutral shade blends the invi...

3 months ago - Business Wire

PPG introduces PPG LINQ Color software and PPG MAGICBOX body shop assistant for the refinish industry

PITTSBURGH--(BUSINESS WIRE)--PPG has introduced PPG LINQ™ Color software and the PPG MAGICBOX™ body shop assistant for smarter wireless mixing in automotive repair shops.

3 months ago - Business Wire

PPG opens customer and employee experience center at global headquarters, marks 140th anniversary

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the opening of a customer and employee experience center at its global headquarters in Pittsburgh (Video available here).The center showcase...

3 months ago - Business Wire

Introducing Limitless: GLIDDEN Paint by PPG's ‘Anything but Yellow' 2024 Color of the Year

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced GLIDDEN® paint by PPG's 2024 Color of the Year: Limitless (PPG1091-3), a fresh warm hue that holds both the power of a primary color and the...

3 months ago - Business Wire

PPG names Limitless as 2024 Color of the Year, inspiring endless possibilities

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced Limitless (PPG1091-3) as its 2024 Color of the Year. This contemporary honey beige shade offers infinite design and styling possibilities f...

3 months ago - Business Wire

PPG, PPG Foundation to invest $5 million in environmental sustainability education

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) and the PPG Foundation today announced a commitment to invest $5 million by 2030 in environmental sustainability education. Aligning with PPG's 2030 sustain...

4 months ago - Business Wire

PPG recognized for strong sustainability practices by FTSE4Good for fifth consecutive year

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced its inclusion in the FTSE4Good Index Series for the fifth consecutive year. Created by the global index and data provider FTSE Russell, the ...

4 months ago - Business Wire

PPG inaugurates center of excellence in Italy that increases efficiency for automotive color development

QUATTORDIO, Italy--(BUSINESS WIRE)--PPG inaugurates center of excellence in Italy that increases efficiency for automotive color development.

4 months ago - Business Wire

PPG appoints John Bruno, vice president, finance

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that John Bruno, current vice president, investor relations, has been appointed vice president, finance. Bruno will continue to report to Vi...

4 months ago - Business Wire