PPG Industries, Inc. (PPG)
NYSE: PPG · Real-Time Price · USD
124.86
+0.45 (0.36%)
Nov 4, 2024, 4:00 PM EST - Market closed

PPG Industries Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for PPG Industries stock have an average target of 149.86, with a low estimate of 136 and a high estimate of 163. The average target predicts an increase of 20.02% from the current stock price of 124.86.

Analyst Consensus: Buy
Target Low Average Median High
Price $136 $149.86 $150 $163
Change +8.92% +20.02% +20.13% +30.55%

Analyst Ratings

The average analyst rating for PPG Industries stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 665555
Buy 554446
Hold 777776
Sell 110000
Strong Sell 000000
Total 191916161617

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Hold
Maintains
$138$136
Hold Maintains $138$136 +8.92% Oct 22, 2024
BMO Capital
BMO Capital
Buy
Reiterates
$160$155
Buy Reiterates $160$155 +24.14% Oct 21, 2024
JP Morgan
JP Morgan
Buy
Maintains
$155$145
Buy Maintains $155$145 +16.13% Oct 18, 2024
Mizuho
Mizuho
Buy
Maintains
$160$150
Buy Maintains $160$150 +20.13% Oct 17, 2024
RBC Capital
RBC Capital
Hold
Maintains
$140$139
Hold Maintains $140$139 +11.32% Jul 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
17.98B
from 18.25B
Decreased by -1.46%
Revenue Next Year
16.85B
from 17.98B
Decreased by -6.31%
EPS This Year
8.24
from 5.35
Increased by 54.06%
EPS Next Year
8.94
from 8.24
Increased by 8.47%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
15.15B13.83B16.80B17.65B18.25B17.98B16.85B18.02B
Revenue Growth
-1.48%-8.66%21.45%5.06%3.37%-1.46%-6.31%6.96%
EPS
5.224.456.014.325.358.248.949.86
EPS Growth
-4.63%-14.70%34.96%-28.09%23.80%54.06%8.47%10.28%
Forward PE
-----15.1513.9712.66
No. Analysts -----303019
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 18.9B 19.6B 21.2B
Avg 18.0B 16.8B 18.0B
Low 17.0B 14.1B 16.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
3.9%
8.9%
25.9%
Avg
-1.5%
-6.3%
7.0%
Low
-6.6%
-21.5%
-5.0%

EPS Forecast

EPS 20242025202620272028
High 8.61 9.98 10.97
Avg 8.24 8.94 9.86
Low 7.94 8.38 8.95

EPS Growth

EPS Growth 20242025202620272028
High
60.9%
21.0%
22.7%
Avg
54.1%
8.5%
10.3%
Low
48.4%
1.7%
0.1%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.