Ppg Industries Stock Today

PPG Stock  USD 144.54  2.72  1.92%   

Performance

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Odds Of Distress

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PPG Industries is trading at 144.54 as of the 28th of March 2024. This is a 1.92% increase since the beginning of the trading day. The stock's lowest day price was 142.21. PPG Industries has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for PPG Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
6th of April 1983
Category
Basic Materials
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania. PPG Industries operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. The company has 235.36 M outstanding shares of which 3.65 M shares are at this time shorted by investors with about 2.15 days to cover. More on PPG Industries

Moving together with PPG Stock

  0.62DD Dupont De Nemours Fiscal Quarter End 31st of March 2024 PairCorr

Moving against PPG Stock

  0.66NTIC Northern Technologies Report 11th of April 2024 PairCorr
  0.47ASH Ashland Global Holdings Financial Report 7th of May 2024 PairCorr

PPG Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PPG Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PPG Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, PPG Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PPG Industries' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOMichael McGarry
Thematic Ideas
(View all Themes)
Old Names[Plutus PowerGen Plc, Punch Punk S.A.]
Business ConcentrationSpecialty Chemicals, Basic Materials, NYSE Composite, SP 500 Index, Chemicals, Manufacturing, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Analysts covering PPG Industries report their recommendations after researching PPG Industries' financial statements, talking to executives and customers, or listening in on PPG Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering PPG Industries. The PPG consensus assessment is calculated by taking the average forecast from all of the analysts covering PPG Industries.
Financial Strength
Based on the key indicators related to PPG Industries' liquidity, profitability, solvency, and operating efficiency, PPG Industries may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of PPG Industries is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06060.0587
Sufficiently Up
Slightly volatile
Asset Turnover1.130.8429
Significantly Up
Slightly volatile
Gross Profit Margin0.310.4111
Way Down
Slightly volatile
Total Current Liabilities3.2 B5.1 B
Way Down
Slightly volatile
Non Current Liabilities Total4.3 B8.6 B
Way Down
Slightly volatile
Total Assets11.7 B21.6 B
Way Down
Slightly volatile
Total Current Assets4.8 B7.4 B
Way Down
Pretty Stable
Total Cash From Operating Activities1.4 B2.4 B
Way Down
Slightly volatile
PPG Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to PPG Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
PPG Industries' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of PPG Industries' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand PPG Industries' financial leverage. It provides some insight into what part of PPG Industries' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on PPG Industries' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how PPG Industries deploys its capital and how much of that capital is borrowed.
Liquidity
PPG Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 6.87 B in debt with debt to equity (D/E) ratio of 1.24, which is OK given its current industry classification. PPG Industries has a current ratio of 1.49, which is typical for the industry and considered as normal. Debt can assist PPG Industries until it has trouble settling it off, either with new capital or with free cash flow. So, PPG Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PPG Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PPG to invest in growth at high rates of return. When we think about PPG Industries' use of debt, we should always consider it together with cash and equity.

Change In Cash

435.75 Million
PPG Industries (PPG) is traded on New York Stock Exchange in USA. It is located in One PPG Place, Pittsburgh, PA, United States, 15272 and employs 53,000 people. PPG Industries is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 34.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PPG Industries's market, we take the total number of its shares issued and multiply it by PPG Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. PPG Industries runs under Chemicals sector within Materials industry. The entity has 235.36 M outstanding shares of which 3.65 M shares are at this time shorted by investors with about 2.15 days to cover. PPG Industries has about 1.1 B in cash with 2.41 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.67.
Check PPG Industries Probability Of Bankruptcy
Ownership Allocation
PPG Industries has a total of 235.36 Million outstanding shares. The majority of PPG Industries outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in PPG Industries to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in PPG Industries. Please pay attention to any change in the institutional holdings of PPG Industries as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check PPG Ownership Details

PPG Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of PPG Industries jumping above the current price in 90 days from now is about 23.52%. The PPG Industries probability density function shows the probability of PPG Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1529 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, PPG Industries will likely underperform. Additionally, pPG Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 144.54HorizonTargetOdds Above 144.54
76.09%90 days
 144.54 
23.52%
Based on a normal probability distribution, the odds of PPG Industries to move above the current price in 90 days from now is about 23.52 (This PPG Industries probability density function shows the probability of PPG Stock to fall within a particular range of prices over 90 days) .

PPG Stock Institutional Holders

Institutional Holdings refers to the ownership stake in PPG Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of PPG Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing PPG Industries' value.
InstituionRecorded OnShares
Clearbridge Advisors, Llc2023-12-31
3.6 M
Morgan Stanley - Brokerage Accounts2023-12-31
3.5 M
Putnam Investments Llc2023-12-31
2.7 M
Goldman Sachs Group Inc2023-12-31
2.6 M
Bank Of America Corp2023-12-31
2.3 M
Northern Trust Corp2023-12-31
2.3 M
Legal & General Group Plc2023-12-31
2.3 M
Bank Of New York Mellon Corp2023-12-31
M
Millennium Management Llc2023-12-31
M
Vanguard Group Inc2023-12-31
24.5 M
Blackrock Inc2023-12-31
19.5 M
View PPG Industries Diagnostics

PPG Industries Historical Income Statement

PPG Industries Income Statement is one of the three primary financial statements used for reporting PPG's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of PPG Industries revenue and expense. PPG Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, PPG Industries' Net Income From Continuing Ops is most likely to increase significantly in the upcoming years. The PPG Industries' current Non Operating Income Net Other is estimated to increase to about 137.7 M, while Total Revenue is projected to decrease to roughly 11.6 B. View More Fundamentals

PPG Stock Against Markets

Picking the right benchmark for PPG Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PPG Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PPG Industries is critical whether you are bullish or bearish towards PPG Industries at a given time. Please also check how PPG Industries' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in PPG Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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PPG Industries Corporate Directors

PPG Industries corporate directors refer to members of a PPG Industries board of directors. The board of directors generally takes responsibility for the PPG Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of PPG Industries' board members must vote for the resolution. The PPG Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jonathan EdwardsDirector RelationsProfile
John FaraciIndependent DirectorProfile
John BrunoDirector, Investor RelationsProfile
Catherine SmithIndependent DirectorProfile

How to buy PPG Stock?

Before investing in PPG Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PPG Industries. To buy PPG Industries stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of PPG Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase PPG Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located PPG Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased PPG Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as PPG Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy PPG Stock please use our How to Invest in PPG Industries guide.

Already Invested in PPG Industries?

The danger of trading PPG Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PPG Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PPG Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PPG Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running PPG Industries' price analysis, check to measure PPG Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PPG Industries is operating at the current time. Most of PPG Industries' value examination focuses on studying past and present price action to predict the probability of PPG Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPG Industries' price. Additionally, you may evaluate how the addition of PPG Industries to your portfolios can decrease your overall portfolio volatility.
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Is PPG Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PPG Industries. If investors know PPG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PPG Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
2.54
Earnings Share
5.35
Revenue Per Share
77.314
Quarterly Revenue Growth
0.039
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.