PPG Industries Stock Analysis

PPG
 Stock
  

USD 130.61  2.75  2.06%   

The modest gains experienced by current holders of PPG Industries may encourage shareholders to take a closer look at the company as it is trading at a share price of 130.61 on 495,225 in trading volume. The company executives have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in October. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.5. The current volatility is consistent with the ongoing market swings in October 2022 as well as with PPG Industries unsystematic, company-specific events.
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The PPG Industries stock analysis report makes it easy to digest most publicly released information about PPG Industries and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. PPG Industries Stock analysis module also helps to analyze the PPG Industries price relationship with some important fundamental indicators such as market cap and management efficiency.

PPG Industries Stock Analysis Notes

About 83.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 9th of November 2022. PPG Industries had 2:1 split on the 15th of June 2015. 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. It employs 49300 people. To find out more about PPG Industries contact Michael McGarry at 412 434-3131 or learn more at www.ppg.com.

PPG Industries Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. PPG Industries' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding PPG Industries or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 83.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: PPG Chairman and CEO Michael McGarry named Industrialist of the Year - Marketscreener.com

PPG Industries Upcoming and Recent Events

Earnings reports are used by PPG Industries to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to PPG Industries previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report20th of January 2022
Next Financial Report21st of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End20th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

PPG Industries Largest EPS Surprises

Earnings surprises can significantly impact PPG Industries' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2009-04-16
2009-03-310.070.10.0342 
2002-04-18
2002-03-310.260.290.0311 
2002-01-17
2001-12-310.220.250.0313 
View All Earnings Estimates

PPG Industries Thematic Classifications

In addition to having PPG Industries stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Chemicals Makers
Chemicals for crops, soil, human, and animals
Synthetics
Synthetics production and silicon
Manufacturing
Manufacturing of goods across different domains

PPG Industries Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as PPG Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PPG Industries backward and forwards among themselves. PPG Industries' institutional investor refers to the entity that pools money to purchase PPG Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zurich Insurance Group LtdCommon Shares262 K45.2 M
Zurich Insurance Group LtdCommon Shares690.6 K98.8 M
Zurich Insurance Group LtdCommon Shares677.4 K115 M
Zurich Insurance Group LtdCommon Shares627.7 K94.3 M
Zurich Insurance Group LtdCommon Shares671.1 K96.8 M
Zurich Insurance Group LtdCommon Shares40.3 K4.8 M
Zurich Insurance Group LtdCommon Shares54.1 K6.3 M
Note, although PPG Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

PPG Industries Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 31.34 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 these looking for more risk prefer small-cap and mid-cap equities.

PPG Industries Profitablity

PPG Industries' profitability indicators refer to fundamental financial ratios that showcase PPG Industries' ability to generate income relative to its revenue or operating costs. If, let's say, PPG Industries is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, PPG Industries' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of PPG Industries' profitability requires more research than a typical breakdown of PPG Industries' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 6.08 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 12.24 %, which entails that for every 100 dollars of revenue, it generated 0.12 of operating income.
Last ReportedProjected for 2022
Return on Investment 14.30  17.20 
Return on Average Assets 7.04  8.70 
Return on Average Equity 24.03  30.14 
Return on Invested Capital 0.11  0.13 
Return on Sales 0.08  0.09 

Management Efficiency

The entity has Return on Asset of 4.65 % which means that on every $100 spent on asset, it made $4.65 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 17.33 %, implying that it generated $17.33 on every 100 dollars invested. PPG Industries management efficiency ratios could be used to measure how well ppg industries manages its routine affairs as well as how well it operates its assets and liabilities. The current year Return on Investment is expected to grow to 17.20. The current year Return on Average Assets is expected to grow to 8.70. PPG Industries Tax Assets are projected to decrease significantly based on the last few years of reporting. The past year's Tax Assets were at 177.1 Million. The current year Revenue to Assets is expected to grow to 0.94, whereas Assets Non Current are forecasted to decline to about 7.5 B.
Last ReportedProjected for 2022
Book Value per Share 16.75  14.09 
Enterprise Value over EBIT 25.30  27.36 
Enterprise Value over EBITDA 15.04  12.33 
Price to Book Value 4.58  4.02 
Tangible Assets Book Value per Share 34.82  31.21 
Enterprise Value25.6 B20.8 B
Tangible Asset Value9.2 B8.8 B

Technical Drivers

As of the 28th of November, PPG Industries holds the semi deviation of 2.16, and Risk Adjusted Performance of 0.061. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of PPG Industries, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for PPG Industries, which can be compared to its competitors. Please check PPG Industries downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if PPG Industries is priced more or less accurately, providing market reflects its current price of 130.61 per share. Given that PPG Industries has jensen alpha of 0.0059, we recommend you to check out PPG Industries's recent market performance to make sure the company can sustain itself at some point in the future.

PPG Industries Price Movement Analysis

The output start index for this execution was ten with a total number of output elements of fifty-one. The Exponential Moving Average is calculated by weighting recent values of PPG Industries more heavily than older values.
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PPG Industries Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific PPG Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on PPG Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases PPG Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Anne Foulkes over a month ago via Macroaxis 
Acquisition by Anne Foulkes of tradable shares of PPG Industries subject to Rule 16b-3
Anne Foulkes over two months ago via Macroaxis 
Acquisition by Anne Foulkes of tradable shares of PPG Industries subject to Rule 16b-3
Michael Nally over two months ago via Macroaxis 
Acquisition by Michael Nally of tradable shares of PPG Industries subject to Rule 16b-3
Anne Foulkes over three months ago via Macroaxis 
Acquisition by Anne Foulkes of tradable shares of PPG Industries subject to Rule 16b-3
Anne Foulkes over three months ago via Macroaxis 
Acquisition by Anne Foulkes of tradable shares of PPG Industries subject to Rule 16b-3
Anne Foulkes over three months ago via Macroaxis 
Acquisition by Anne Foulkes of tradable shares of PPG Industries subject to Rule 16b-3
Michael Nally over three months ago via Macroaxis 
Acquisition by Michael Nally of tradable shares of PPG Industries subject to Rule 16b-3
Michael Lamach over three months ago via Macroaxis 
Acquisition by Michael Lamach of tradable shares of PPG Industries subject to Rule 16b-3
Michael McGarry over six months ago via Macroaxis 
Acquisition by Michael McGarry of tradable shares of PPG Industries subject to Rule 16b-3
Anne Foulkes over six months ago via Macroaxis 
Acquisition by Anne Foulkes of tradable shares of PPG Industries subject to Rule 16b-3
Vince Morales over six months ago via Macroaxis 
PPG Industries exotic insider transaction detected
Anne Foulkes over six months ago via Macroaxis 
Acquisition by Anne Foulkes of tradable shares of PPG Industries subject to Rule 16b-3

PPG Industries Outstanding Bonds

PPG Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. PPG Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most PPG Industries bonds can be classified according to their maturity, which is the date when PPG Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

PPG Industries Predictive Daily Indicators

PPG Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of PPG Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

PPG Industries Forecast Models

PPG Industries time-series forecasting models is one of many PPG Industries' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary PPG Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About PPG Industries Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how PPG Industries prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling PPG Industries shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as PPG Industries. By using and applying PPG Industries Stock analysis, traders can create a robust methodology for identifying PPG Industries entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 10.34  9.67 
EBITDA Margin 13.59  12.74 
Gross Margin 38.78  38.11 
Profit Margin 8.56  9.98 

Current PPG Industries Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. PPG Industries analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. 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 analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
179.47Buy17Odds
PPG Industries current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 PPG Industries conference calls.
PPG Industries Analyst Advice Details

PPG Industries Stock Analysis Indicators

PPG Industries stock analysis indicators help investors evaluate how PPG Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading PPG Industries shares will generate the highest return on investment. By understating and applying PPG Industries stock analysis, traders can identify PPG Industries position entry and exit signals to maximize returns.
Quick Ratio0.94
Trailing Annual Dividend Rate2.39
Fifty Two Week Low107.06
Revenue Growth2.20%
Payout Ratio53.71%
Average Daily Volume Last 10 Day1.32M
Shares Short Prior Month2.8M
Average Daily Volume In Three Month1.38M
Earnings Growth-2.80%
Shares Percent Shares Out0.96%
Earnings Quarterly Growth-4.40%
Forward Price Earnings19.02
Short Percent Of Float0.96%
Float Shares234.54M
Fifty Two Week High177.32
Fifty Day Average117.05
Enterprise Value To Ebitda17.53
Two Hundred Day Average124.64
Enterprise Value To Revenue2.15
Trailing Annual Dividend Yield1.80%
Please check Your Equity Center. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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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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 Industries 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 YOY
(0.028) 
Market Capitalization
31.3 B
Quarterly Revenue Growth YOY
0.022
Return On Assets
0.0465
Return On Equity
0.17
The market value of PPG Industries is measured differently than its book value, which is the value of PPG Industries 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 PPG Industries value 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.