Ppg Industries Stock Today

PPG Stock  USD 122.65  0.03  0.02%   

Performance

0 of 100

 
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Odds Of Distress

Less than 6

 
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Low
PPG Industries is trading at 122.65 as of the 24th of November 2024. This is a 0.02 percent decrease since the beginning of the trading day. The stock's lowest day price was 122.03. 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. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of PPG Industries's common stock.
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 232 M outstanding shares of which 2.24 M shares are at this time shorted by investors with about 1.53 days to cover. More on PPG Industries

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PPG Stock Highlights

ESG Sustainability
Environmental
Governance
Social
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, Manufacturing, Chemicals, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Financial Strength
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 Margin0.310.4136
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
Debt Levels
PPG Industries can leverage 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.
Liquidity
PPG Industries 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. Note however, debt could still be an excellent tool for PPG to invest in growth at high rates of return.

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 28.45 B. PPG Industries runs under Chemicals sector within Materials industry. The entity has 232 M outstanding shares of which 2.24 M shares are at this time shorted by investors with about 1.53 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 owns a total of 232 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. Please note that on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of PPG Industries's common stock.
Check PPG Ownership Details

PPG Stock Institutional Holders

InstituionRecorded OnShares
Beutel, Goodman & Company Ltd.2024-09-30
3.3 M
Norges Bank2024-06-30
3.2 M
Franklin Resources Inc2024-09-30
3.1 M
Bank Of America Corp2024-06-30
2.7 M
Charles Schwab Investment Management Inc2024-09-30
2.6 M
Dimensional Fund Advisors, Inc.2024-09-30
2.5 M
Legal & General Group Plc2024-06-30
2.2 M
Clearbridge Advisors, Llc2024-09-30
2.2 M
Northern Trust Corp2024-09-30
M
Vanguard Group Inc2024-09-30
28.6 M
Blackrock Inc2024-06-30
20.7 M
View PPG Industries Diagnostics

PPG Industries Historical Income Statement

At this time, PPG Industries' Non Operating Income Net Other is most likely to increase significantly in the upcoming years. The PPG Industries' current Interest Income is estimated to increase to about 147 M, while Total Revenue is projected to decrease to roughly 11.6 B. View More Fundamentals

PPG Stock Against Markets

PPG Industries Corporate Directors

Jonathan EdwardsDirector RelationsProfile
John FaraciIndependent DirectorProfile
John BrunoDirector, Investor RelationsProfile
Catherine SmithIndependent DirectorProfile
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 closely tied 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.
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Is Specialty Chemicals space 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
0.117
Dividend Share
2.63
Earnings Share
6.3
Revenue Per Share
76.764
Quarterly Revenue Growth
(0.01)
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.