PPG Industries Stock Target Price and Analyst Consensus

PPG -  USA Stock  

USD 153.48  0.69  0.45%

The current analyst and expert consensus on PPG Industries is Buy with 6 hold recommendations. The current projected PPG Industries target price consensus is 178.0 with 16 analyst opinions. One of the most common ways PPG Industries analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to PPG Industries vendors, executives, and/or customers. PPG Industries recommendation module provides expert sentiment on the projected PPG Industries target price to derive its highest and lowest estimates based on target price standard deviation of 11.201. Please check Macroaxis Advice on PPG Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

PPG Industries Analyst Recommendations 

 
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The current year Profit Margin is expected to grow to 9.54, whereas Gross Profit is forecasted to decline to about 5.2 B. PPG Industries Investments are projected to decrease significantly based on the last few years of reporting. The past year's Investments were at 199.8 Million. The current year Investments Current is expected to grow to about 50.8 M, whereas Receivables is forecasted to decline to about 2.6 B.

PPG Industries Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. PPG Industries target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. PPG Industries target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions15
Lowered Outlook0
Raized Outlook0
Buy
Most PPG Industries analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand PPG Industries stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of PPG Industries, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

PPG Industries Target Price Projection

PPG Industries' current and average target prices are 153.48 and 178.00, respectively. The current price of PPG Industries is the price at which PPG Industries is currently trading. On the other hand, PPG Industries' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

PPG Industries Market Quote on 1st of December 2021

Low Price153.4Odds
High Price159.05Odds

153.48

Target Price

Analyst Consensus On PPG Industries Target Price

Low Estimate160.0Odds
High Estimate193.0Odds
Number of Analysts16
Standard Deviation11.201

178.0

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on PPG Industries and the information provided on this page.

PPG Industries Analyst Ratings

PPG Industries' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about PPG Industries stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of PPG Industries' financials, market performance, and future outlook by experienced professionals. PPG Industries' historical ratings below, therefore, can serve as a valuable tool for investors.

Average Consensus Estimates

About PPG Industries Target Price Projections

PPG Industries's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as PPG Industries and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of PPG Industries depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for PPG Industries including analysis of its current option contracts.
PPG Industries' latest option contracts expiring on 2021-12-03 are carrying combined implied volatility of 17.98 with a put-to-call open interest ratio of 0.8 over 58 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2021-12-03. The current put volume is at 55, with calls trading at the volume of 26. This yields a 2.12 put-to-call volume ratio. The PPG Industries option chain provides detailed quote and price information for the current PPG Industries option contracts. It shows all of PPG Industries' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2021-12-03 Option Contracts

PPG Industries option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in PPG Industries' lending market. For example, when PPG Industries' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on PPG Industries, he or she must hedge the risk by shorting PPG Industries stock over its option's life.
The chart above shows PPG Industries' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. PPG Industries' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for PPG Industries' option, there is no secondary market available for investors to trade.

PPG Industries Maximum Pain Price accross 2021-12-03 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as PPG Industries close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
PPG Industries' stock options are financial instruments that give investors the right to buy or sell shares of PPG Industries common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell PPG Industries stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If PPG Industries' stock price goes up or down, the stock options follow.
Please check Macroaxis Advice on PPG Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

PPG Industries In The Money Call Balance

When PPG Industries' strike price is surpassing the current stock price, the option contract against PPG Industries stock is said to be in the money. When it comes to buying PPG Industries' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' options written on PPG Industries are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

PPG Industries Current Options Market Mood

PPG Industries' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps PPG Industries Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of PPG Industries' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. PPG Industries' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current PPG Industries' option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional PPG Industries Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of PPG Industries is a key component of PPG Industries valuation and have some predictive power on the future returns of a PPG Industries.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of PPG Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of PPG Industries in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
152.09153.37154.65
Details
Intrinsic
Valuation
LowReal ValueHigh
138.13165.77167.05
Details
Naive
Forecast
LowNext ValueHigh
153.70154.98156.26
Details
Earnings
Estimates (6)
LowProjected EPSHigh
6.706.997.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PPG Industries. Your research has to be compared to or analyzed against PPG Industries' peers to derive any actionable benefits. When done correctly, PPG Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in PPG Industries.

Additional PPG Industries Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of PPG Industries is a key component of PPG Industries valuation and have some predictive power on the future returns of a PPG Industries.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of PPG Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of PPG Industries in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
152.09153.37154.65
Details
Intrinsic
Valuation
LowReal ValueHigh
138.13165.77167.05
Details
Naive
Forecast
LowNext ValueHigh
153.70154.98156.26
Details
Earnings
Estimates (6)
LowProjected EPSHigh
6.706.997.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PPG Industries. Your research has to be compared to or analyzed against PPG Industries' peers to derive any actionable benefits. When done correctly, PPG Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in PPG Industries.

Currently Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Impulse
Invested over 50 shares
Macroaxis Index
Invested few shares
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Invested over 100 shares
Millennials Best
Invested few shares
Macroaxis Picks
Invested over 50 shares
Please check Macroaxis Advice on PPG Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. Note that the PPG Industries information on this page should be used as a complementary analysis to other PPG Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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 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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The data published in PPG Industries' official financial statements usually reflect PPG Industries' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of PPG Industries. For example, before you start analyzing numbers published by PPG Industries accountants, it's critical to develop an understanding of what PPG Industries' liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of PPG Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PPG Industries' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in PPG Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of PPG Industries. Please utilize our Beneish M Score to check the likelihood of PPG Industries' management to manipulate its earnings.