PPG Industries, Inc. (PPG)
Market Cap | 30.59B |
Revenue (ttm) | 18.18B |
Net Income (ttm) | 1.41B |
Shares Out | 234.50M |
EPS (ttm) | 5.92 |
PE Ratio | 22.03 |
Forward PE | 15.22 |
Dividend | $2.60 (1.99%) |
Ex-Dividend Date | May 9, 2024 |
Volume | 204,283 |
Open | 129.69 |
Previous Close | 129.23 |
Day's Range | 129.00 - 130.96 |
52-Week Range | 120.33 - 152.89 |
Beta | 1.28 |
Analysts | Buy |
Price Target | 155.40 (+19.16%) |
Earnings Date | Apr 18, 2024 |
About PPG
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, pavem... [Read more]
Financial Performance
In 2023, PPG Industries's revenue was $18.25 billion, an increase of 3.37% compared to the previous year's $17.65 billion. Earnings were $1.27 billion, an increase of 23.78%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for PPG stock is "Buy." The 12-month stock price forecast is $155.4, which is an increase of 19.16% from the latest price.
News
PPG again earns EcoVadis gold rating for sustainability practices, ranks among top 7% of evaluated companies
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has again earned a gold rating in corporate social responsibility from EcoVadis, a leading third-party sustainability ratings platfo...
PPG appoints Pascal Tisseyre as vice president, government affairs, Europe, Middle East and Africa
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the appointment of Pascal Tisseyre as vice president, government affairs, Europe, Middle East and Africa (EMEA), effective immediately. Repo...
Kathy Fortmann joins PPG board of directors
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Kathy L. Fortmann has been elected to join its board of directors, effective July 17, 2024. Fortmann most recently served from 2021 to ...
PPG Board of Directors authorizes $2.5 billion share repurchase program
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that its board of directors has authorized the repurchase of $2.5 billion of outstanding common stock. The authorization is effective immedi...
PPG reports first quarter 2024 financial results
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today reported financial results for the first quarter 2024. First Quarter Consolidated Results $ in millions, except EPS 1Q 2024 1Q 2023 YOY change Net sal...
PPG highlights 2023 performance during annual meeting of shareholders
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today held its annual meeting of shareholders where Tim Knavish, PPG chairman and chief executive officer, highlighted the company's 2023 record performance...
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 June 12 to shareholders of record May 10. Through the o...
PPG recognized on Newsweek's ‘Most Trustworthy Companies in America 2024' list
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced its inclusion in Newsweek's list of Most Trustworthy Companies in America 2024 for its high evaluations in customer, investor and employee t...
PPG receives ‘Gallup Exceptional Workplace Award' for second consecutive year
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced it received its second consecutive Gallup Exceptional Workplace Award (GEWA), for its high employee engagement and notable workplace experie...
PPG Names Robert Massy Chief Human Resources Officer
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the appointment of Robert Massy as senior vice president and chief human resources officer (CHRO), effective March 18, 2024. Reporting to T...
PPG to announce first-quarter 2024 results April 18
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the following details for its first-quarter 2024 earnings release and teleconference call. Earnings release: Thursday, April 18, after U....
PPG appoints Lyndee Brassieur as vice president, environment, health and safety
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that Lyndee Brassieur, currently global director, industrial segment operations, specialty coatings and materials (SCM), has been named vic...
PPG's U.S. woodcare brands reveal Black Walnut as 2024 Stain Color of the Year
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that its U.S. woodcare brands, OLYMPIC® Stains by PPG and PITTSBURGH PAINTS & STAINS® products, have named Black Walnut as the 2024 Stain C...
PPG Names Tasco Auto Color as 2023 Platinum Distributor of The Year
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it has recognized Tasco Auto Color of Houston, Texas as its Automotive Refinish 2023 Platinum Distributor of the Year. The award recog...
PPG expands SPEEDHIDE professional paint line by PPG with introduction of SPEEDHIDE MAX paint
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the expansion of its SPEEDHIDE® professional paint line by PPG with the addition of SPEEDHIDE MAX™ paint. This zero VOC* product boasts MAST...
PPG and Team Penske enter fifth decade of partnership in racing
STRONGSVILLE, Ohio--(BUSINESS WIRE)--PPG today announced that it will be the primary sponsor for the Team Penske No. 2 Chevrolet in six races throughout the 2024 NTT® INDYCAR® SERIES.
PPG recognized as only paint and coatings manufacturer on Barron's 100 Most Sustainable U.S. Companies list
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has been recognized on Barron's 100 Most Sustainable Companies list, ranking No. 43 out of the 1,000 largest publicly traded compani...
PPG to review strategic alternatives for architectural coatings business in the U.S. and Canada
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG), a global leader in paints, coatings, and specialty materials, today announced that it has engaged Goldman Sachs & Co. LLC as financial advisor to assist i...
PPG ranked as leading paints and coatings manufacturer in 2024 Corporate Knights Clean200 list
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it was named to the 2024 Corporate Knights Clean200 list as the leading paints, coatings and specialty materials manufacturer. The comp...
PPG, PPG Foundation invested more than $17.5 million in communities worldwide in 2023
PITTSBURGH--(BUSINESS WIRE)--PPG and the PPG Foundation invested more than $17.5 million worldwide in 2023, supporting more than 450 community partners and programs.
PPG recognized by JUST Capital for sixth consecutive year for environmental, community impact
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has been recognized by JUST Capital for the sixth consecutive year in its 2024 list of America's Most JUST Companies. The annual lis...
Timothy Knavish elected to Rockwell Automation Board of Directors
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced that Timothy (Tim) M. Knavish wa...
PPG and Tasca Racing extend partnership into 2024 drag racing season
STRONGSVILLE, Ohio--(BUSINESS WIRE)--PPG today announced that it has extended its sponsorship of the Tasca Racing team for the 2024 season.
PPG recognized by FORTUNE Magazine as a ‘World's Most Admired Company' for 16th Consecutive Year
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced it was recognized by Fortune Magazine on its World's Most Admired Companies® List for the 16th year in a row. The list, considered to be the...
PPG announces executive appointments
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Irene Tasi, currently senior vice president and chief growth officer (CGO), will become senior vice president, industrial coatings. In ...