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PPG Industries (PPG) Stock

Profile

Country:

United States

IPO:

17 March 1980

Indexes:

Description:

PPG Industries, Inc. produces and distributes a wide range of paints, coatings, and specialty materials. PPG's vision is to be the world's leading coatings company, constantly offering high-quality, innovative, and reliable solutions to its customers. PPG was registered in Pennsylvania in 1883. PPG's business consists of two reporting segments: Performance Coatings and Industrial Coatings. These business segments include coatings and specialty materials for a wide range of end uses: industrial equipment and its components; packaging material; aviation and marine equipment; original automotive equipment; industrial and consumer goods. PPG serves commercial and private customers, supplying its products to contractors and directly to consumers.

Key Details

Price

$123.10

TTM Dividend Yield

2.16%(+17.39% YoY)

Annual Revenue

$18.25 B(+3.37% YoY)

Annual EPS

$5.35(+23.84% YoY)

PE Ratio

19.51(-15.58% YoY)

Beta

0.66

Events Calendar

Earnings

Next earnings date:

Jan 17, 2025

Recent quarterly earnings:

Oct 16, 2024

Recent annual earnings:

Jan 18, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 12, 2024
Splits

Next split:

N/A

Recent split:

June 15, 2015

Analyst ratings

Recent major analysts updates

22 Oct '24 RBC Capital
Sector Perform
21 Oct '24 BMO Capital
Outperform
18 Oct '24 JP Morgan
Overweight
17 Oct '24 Mizuho
Outperform
23 July '24 RBC Capital
Sector Perform
22 July '24 Keybanc
Overweight
22 July '24 Citigroup
Buy
22 July '24 Barclays
Equal-Weight
22 July '24 BMO Capital
Outperform
22 July '24 B of A Securities
Buy

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Institutional Ownership

PPG Receives 50th Order for Electrostatic Marine Coating Application
PPG Receives 50th Order for Electrostatic Marine Coating Application
PPG Receives 50th Order for Electrostatic Marine Coating Application
PPG
zacks.com28 November 2024

PPG, which has many years of experience in the aerospace and automotive sectors, introduced electrostatic coatings to the shipping industry a little over a year ago.

PPG recognized in Newsweek's America's Greenest Companies list
PPG recognized in Newsweek's America's Greenest Companies list
PPG recognized in Newsweek's America's Greenest Companies list
PPG
businesswire.com25 November 2024

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) has been included in Newsweek magazine's list of America's Greenest Companies for 2025. This list highlights the top 500 U.S. companies, both private and public, that are dedicated to minimizing their environmental footprint in areas like greenhouse gas emissions, water use, and waste management. “We take pride in making sustainability a key part of our business approach,” stated Peter Votruba-Drzal, PPG's vice president of global sustainability.

PPG Partners SARO/Siccardi, Boosts Powder Coatings Presence in Italy
PPG Partners SARO/Siccardi, Boosts Powder Coatings Presence in Italy
PPG Partners SARO/Siccardi, Boosts Powder Coatings Presence in Italy
PPG
zacks.com21 November 2024

Having access to PPG's warehouses, labs, and production sites in Italy will improve the customer service and response times for SARO/Siccardi.

PPG inducts five new members into Collegium association, recognizing technology innovations aligned to growth
PPG inducts five new members into Collegium association, recognizing technology innovations aligned to growth
PPG inducts five new members into Collegium association, recognizing technology innovations aligned to growth
PPG
businesswire.com15 November 2024

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) has announced the addition of five new members to its Collegium, a group of experienced PPG leaders who have made important technological advancements that help the company grow and innovate. “We are proud to acknowledge the brilliant individuals at PPG who enable us to improve our service to customers every day,” stated David Bem, PPG's senior vice president of science and technology and chief technology officer. “This year…”

Why Is PPG Industries (PPG) Down 6% Since Last Earnings Report?
Why Is PPG Industries (PPG) Down 6% Since Last Earnings Report?
Why Is PPG Industries (PPG) Down 6% Since Last Earnings Report?
PPG
zacks.com15 November 2024

PPG Industries (PPG) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

PPG Industries, Inc. (PPG) Q3 2024 Earnings Call Transcript
PPG Industries, Inc. (PPG) Q3 2024 Earnings Call Transcript
PPG Industries, Inc. (PPG) Q3 2024 Earnings Call Transcript
PPG
seekingalpha.com17 October 2024

PPG Industries, Inc. (NYSE:PPG) will hold its Q3 2024 Earnings Conference Call on October 17, 2024, at 8:00 AM ET. Key participants from the company include Alejandro Lopez, Timothy Knavish, and Vincent Morales. Various analysts from firms like Mizuho, Wells Fargo, and Goldman Sachs will also be joining the call.

AMERICAN INDUSTRIAL PARTNERS TO ACQUIRE PPG'S ARCHITECTURAL COATINGS BUSINESS IN THE UNITED STATES AND CANADA
AMERICAN INDUSTRIAL PARTNERS TO ACQUIRE PPG'S ARCHITECTURAL COATINGS BUSINESS IN THE UNITED STATES AND CANADA
AMERICAN INDUSTRIAL PARTNERS TO ACQUIRE PPG'S ARCHITECTURAL COATINGS BUSINESS IN THE UNITED STATES AND CANADA
PPG
prnewswire.com17 October 2024

American Industrial Partners (AIP) has announced that its Capital Fund VIII will acquire the architectural coatings business of PPG in the U.S. and Canada. This investment aims to boost profitable growth for the Company, which is built on strong foundations and well-known legacy brands. The deal is expected to be finalized by late 2024 or early 2025, pending standard closing conditions.

PPG to lay off 1,800 employees in US, Europe in cost-cut push
PPG to lay off 1,800 employees in US, Europe in cost-cut push
PPG to lay off 1,800 employees in US, Europe in cost-cut push
PPG
reuters.com17 October 2024

PPG Industries, a company that produces paints and coatings, announced on Thursday that it will be letting go of 1,800 workers in the U.S. and Europe. This decision is part of their plan to reduce costs and will also involve closing several facilities.

PPG Industries' Earnings and Sales Miss Estimates in Q3
PPG Industries' Earnings and Sales Miss Estimates in Q3
PPG Industries' Earnings and Sales Miss Estimates in Q3
PPG
zacks.com17 October 2024

PPG's sales dropped in the third quarter because global industrial production was weak, leading to lower demand in the Industrial Coatings area.

PPG reaches agreement to sell architectural coatings U.S. and Canada business to American Industrial Partners; announces comprehensive cost reduction program
PPG reaches agreement to sell architectural coatings U.S. and Canada business to American Industrial Partners; announces comprehensive cost reduction program
PPG reaches agreement to sell architectural coatings U.S. and Canada business to American Industrial Partners; announces comprehensive cost reduction program
PPG
businesswire.com17 October 2024

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG), a worldwide leader in paints, coatings, and specialty materials, has announced a firm agreement to sell its entire architectural coatings business in the U.S. and Canada for $550 million to American Industrial Partners (AIP), an investment firm. This deal is anticipated to finalize in late 2024 or early 2025, pending standard closing conditions, following PPG's strategic review.

FAQ

  • What is the primary business of PPG Industries?
  • What is the ticker symbol for PPG Industries?
  • Does PPG Industries pay dividends?
  • What sector is PPG Industries in?
  • What industry is PPG Industries in?
  • What country is PPG Industries based in?
  • When did PPG Industries go public?
  • Is PPG Industries in the S&P 500?
  • Is PPG Industries in the NASDAQ 100?
  • Is PPG Industries in the Dow Jones?
  • When was PPG Industries's last earnings report?
  • When does PPG Industries report earnings?
  • Should I buy PPG Industries stock now?

What is the primary business of PPG Industries?

PPG Industries, Inc. produces and distributes a wide range of paints, coatings, and specialty materials. PPG's vision is to be the world's leading coatings company, constantly offering high-quality, innovative, and reliable solutions to its customers. PPG was registered in Pennsylvania in 1883. PPG's business consists of two reporting segments: Performance Coatings and Industrial Coatings. These business segments include coatings and specialty materials for a wide range of end uses: industrial equipment and its components; packaging material; aviation and marine equipment; original automotive equipment; industrial and consumer goods. PPG serves commercial and private customers, supplying its products to contractors and directly to consumers.

What is the ticker symbol for PPG Industries?

The ticker symbol for PPG Industries is NYSE:PPG

Does PPG Industries pay dividends?

Yes, PPG Industries pays dividends. The last payment was $0.68, with an ex-dividend date on 12 November 2024

What sector is PPG Industries in?

PPG Industries is in the Basic Materials sector

What industry is PPG Industries in?

PPG Industries is in the Specialty Chemicals industry

What country is PPG Industries based in?

PPG Industries is headquartered in United States

When did PPG Industries go public?

PPG Industries's initial public offering (IPO) was on 17 March 1980

Is PPG Industries in the S&P 500?

Yes, PPG Industries is included in the S&P 500 index

Is PPG Industries in the NASDAQ 100?

No, PPG Industries is not included in the NASDAQ 100 index

Is PPG Industries in the Dow Jones?

No, PPG Industries is not included in the Dow Jones index

When was PPG Industries's last earnings report?

PPG Industries's most recent earnings report was on 16 October 2024

When does PPG Industries report earnings?

The next expected earnings date for PPG Industries is 17 January 2025

Should I buy PPG Industries stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions