PPG Industries, Inc. (PPG)
| 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]
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 StatementsAnalyst 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.
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 ...
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...
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...
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...
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.
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...
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
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...
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.
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.
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...
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...
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.
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...
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...
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...
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.
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...
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...
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...
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...
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 ...
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.
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...