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Basic Materials - Chemicals - Specialty - NYSE - US
$ 122.53
-0.801 %
$ 28.4 B
Market Cap
19.42
P/E
1. INTRINSIC VALUE

PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company's Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft. It also provides coatings and finishes for the protection of metals and structures, such as metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, and rail cars; paints, wood stains, adhesives, and purchased sundries for painting and maintenance contractors, and consumers for decoration and maintenance of residential and commercial building structures; and paints, thermoplastics, pavement marking products, and other technologies for pavement marking.[ Read More ]

The intrinsic value of one PPG stock under the base case scenario is HIDDEN Compared to the current market price of 123 USD, PPG Industries, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PPG

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FINANCIALS
18.2 B REVENUE
3.37%
2.78 B OPERATING INCOME
61.67%
1.27 B NET INCOME
20.27%
2.41 B OPERATING CASH FLOW
150.36%
-556 M INVESTING CASH FLOW
-20.61%
-1.55 B FINANCING CASH FLOW
-278.97%
4.58 B REVENUE
-4.57%
616 M OPERATING INCOME
-14.09%
474 M NET INCOME
-10.23%
769 M OPERATING CASH FLOW
110.68%
-141 M INVESTING CASH FLOW
-7.63%
-432 M FINANCING CASH FLOW
-188.00%
Balance Sheet Decomposition PPG Industries, Inc.
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Current Assets 7.43 B
Cash & Short-Term Investments 1.59 B
Receivables 3.28 B
Other Current Assets 2.56 B
Non-Current Assets 14.2 B
Long-Term Investments 259 M
PP&E 4.48 B
Other Non-Current Assets 9.48 B
Current Liabilities 5.05 B
Accounts Payable 2.61 B
Short-Term Debt 694 M
Other Current Liabilities 1.75 B
Non-Current Liabilities 8.57 B
Long-Term Debt 6.37 B
Other Non-Current Liabilities 2.2 B
EFFICIENCY
Earnings Waterfall PPG Industries, Inc.
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Revenue 18.2 B
Cost Of Revenue 10.7 B
Gross Profit 7.55 B
Operating Expenses 4.66 B
Operating Income 2.78 B
Other Expenses 1.51 B
Net Income 1.27 B
RATIOS
41.36% GROSS MARGIN
41.36%
15.26% OPERATING MARGIN
15.26%
6.96% NET MARGIN
6.96%
16.22% ROE
16.22%
5.87% ROA
5.87%
14.81% ROIC
14.81%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis PPG Industries, Inc.
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Net Income 1.27 B
Depreciation & Amortization 604 M
Capital Expenditures -549 M
Stock-Based Compensation 59 M
Change in Working Capital 314 M
Others 318 M
Free Cash Flow 1.86 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets PPG Industries, Inc.
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Wall Street analysts predict an average 1-year price target for PPG of $153 , with forecasts ranging from a low of $136 to a high of $166 .
PPG Lowest Price Target Wall Street Target
136 USD 10.99%
PPG Average Price Target Wall Street Target
153 USD 24.68%
PPG Highest Price Target Wall Street Target
166 USD 35.48%
4. DIVIDEND ANALYSIS
0.51% DIVIDEND YIELD
0.68 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership PPG Industries, Inc.
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Sold
0-3 MONTHS
250 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
479 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
275 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 weeks ago
Oct 31, 2024
Sell 250 K USD
Foulkes Anne M.
Sr. VP and General Counsel
- 1985
125.8 USD
6 months ago
May 08, 2024
Bought 275 K USD
KNAVISH TIMOTHY M
Chairman and CEO
+ 2061
133.2434 USD
8 months ago
Mar 01, 2024
Sell 479 K USD
Morales Vincent J
Senior VP & CFO
- 3400
140.94 USD
1 year ago
Aug 01, 2023
Sell 530 K USD
Morales Vincent J
Senior VP & CFO
- 3700
143.33 USD
1 year ago
Jul 25, 2023
Sell 1.64 M USD
MCGARRY MICHAEL H
Executive Chairman
- 11122
147.2108 USD
1 year ago
Jul 25, 2023
Sell 7.04 M USD
MCGARRY MICHAEL H
Executive Chairman
- 47832
147.2709 USD
1 year ago
Jul 25, 2023
Sell 6.79 M USD
MCGARRY MICHAEL H
Executive Chairman
- 45884
148.0266 USD
1 year ago
Jul 25, 2023
Sell 23.8 K USD
MCGARRY MICHAEL H
Executive Chairman
- 162
146.6685 USD
1 year ago
Jul 26, 2023
Sell 4.37 M USD
MCGARRY MICHAEL H
Executive Chairman
- 30096
145.0866 USD
1 year ago
Jul 26, 2023
Sell 4.12 M USD
MCGARRY MICHAEL H
Executive Chairman
- 28282
145.8479 USD
1 year ago
Jan 31, 2023
Sell 8.04 M USD
MCGARRY MICHAEL H
Executive Chairman
- 61867
129.9631 USD
1 year ago
Jan 24, 2023
Sell 2.77 M USD
Foulkes Anne M.
Sr. VP and General Counsel
- 21557
128.3224 USD
1 year ago
Jan 24, 2023
Sell 25.7 K USD
Foulkes Anne M.
Sr. VP and General Counsel
- 200
128.6975 USD
7. News
Why Is PPG Industries (PPG) Down 6% Since Last Earnings Report? PPG Industries (PPG) reported earnings 30 days ago. What's next for the stock? zacks.com - 1 day ago
PPG inducts five new members into Collegium association, recognizing technology innovations aligned to growth PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the induction of five new members into its Collegium, an association of longstanding PPG leaders who have made significant technological contributions that support PPG's growth, innovation, and longevity. “We are honored to recognize the great minds of PPG that allow us to serve our customers better today than yesterday, every day,” said David Bem, PPG senior vice president, science and technology and chief technology officer. “This ye. businesswire.com - 1 day ago
PPG announces industrial coatings leadership changes PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the following leadership changes within industrial coatings, effective Jan. 1, 2025: Juliane Hefel, currently vice president, specialty coatings and materials (SCM), has been appointed senior vice president of industrial coatings in addition to her strategic and operational leadership of the global SCM business. Hefel will report to Tim Knavish, PPG Chairman and CEO, and will also become a member of PPG's operating committee. Hefel joi. businesswire.com - 3 days ago
PPG announces leadership appointments PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced several business leadership appointments as it continues to focus on driving and delivering the company's growth strategy. Tom Maziarz, currently PPG vice president, automotive refinish, Americas, will become PPG vice president, traffic solutions, effective Dec. 1. He will report to Amy Ericson, PPG senior vice president, protective and marine coatings. Maziarz will replace Ed Baiden, who currently leads PPG's traffic solutions busines. businesswire.com - 3 days ago
Top Dividend Aristocrats To Buy Now After The Trump Sweep A potential 15% corporate tax rate could trigger a significant rally, similar to the 2017 euphoria, boosting S&P 500 earnings by 4%. Focus on undervalued, high-quality dividend aristocrats in consumer discretionary, materials and industrials sectors, which would benefit most from the tax cuts. These five aristocrats offer a 3.2% yield, 10% annual dividend growth, and 33% upside potential in the next year, even without tax cuts, and 38% with tax cuts. seekingalpha.com - 1 week ago
PPG Industries: Still Not Painting A Pretty Picture PPG Industries faces challenges despite a rich history, with recent divestment proceeds looking soft and modest earnings growth projections. The company reported a 3% sales increase in 2023, but long-term execution issues and market share losses remain concerns. Recent divestments, including the architectural coatings business, fetched disappointing valuations, raising questions about strategic alternatives. seekingalpha.com - 1 week ago
My Best Dividend Aristocrats For November 2024 The ProShares S&P 500 Dividend Aristocrats ETF went on a great run during Q3, gaining 11.6% during the quarter. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 39 months of tracking these strategies, all 3 strategies are generating a CAGR superior to NOBL while also offering a higher dividend yield. seekingalpha.com - 2 weeks ago
PPG's New Paint for a New Start transforms 27 schools worldwide with colorful makeovers PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that the third year of its New Paint for a New Start initiative, part of the company's COLORFUL COMMUNITIES® program, transformed 27 schools worldwide during June, July and August 2024. More than 1,600 PPG volunteers and community partners took part in the initiative, dedicating 8,000 hours to transform classrooms and learning spaces for more than 16,200 students and educators. PPG provided over $1 million in support to recipient schoo. businesswire.com - 3 weeks ago
PPG Board of Directors announces quarterly dividend of 68 cents per share PITTSBURGH--(BUSINESS WIRE)--The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 68 cents per share, payable Dec.12 to shareholders of record Nov. 12. This payment will mark 53 consecutive years of annual increases in the company's dividend and is the 505th consecutive dividend payment. Through the ongoing dedication and engagement of its workforce, the company has paid uninterrupted annual dividends since 1899. PPG: WE PROTECT AND BEAUTIFY THE WORLD® At PPG. businesswire.com - 1 month ago
PPG Industries, Inc. (PPG) Q3 2024 Earnings Call Transcript PPG Industries, Inc. (NYSE:PPG ) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Company Participants Alejandro Lopez - Director of Investor Relations Timothy Knavish - Chairman and Chief Executive Officer Vincent Morales - Senior Vice President and Chief Financial Officer Conference Call Participants John Roberts - Mizuho Michael Sison - Wells Fargo Michael Leithead - Barclays Ghansham Panjabi - Baird Duffy Fischer - Goldman Sachs Patrick Cunningham - Citigroup Vincent Andrews - Morgan Stanley Josh Spector - UBS David Begleiter - Deutsche Bank Jeff Zekauskas - JPMorgan Stephen Byrne - Bank of America Merrill Lynch Kevin McCarthy - VRP John McNulty - BMO Laurent Favre - BNP Paribas Mike Harrison - Seaport Research Partners Aleksey Yefremov - KeyCorp Arun Viswanathan - RBC Christopher Parkinson - Wolfe Research Daniel Rizzo - Jefferies Aron Ceccarelli - Berenberg Jaideep Pandya - On Field Investment Research Operator Good morning. My name is Elliot. seekingalpha.com - 1 month ago
American Industrial Partners to acquire PPG's US, Canada architectural coatings business for $550M PPG Industries (NYSE: PPG) has entered into a definitive agreement to sell its US and Canada architectural coatings business to American Industrial Partners (AIP) for $550 million. invezz.com - 1 month ago
AMERICAN INDUSTRIAL PARTNERS TO ACQUIRE PPG'S ARCHITECTURAL COATINGS BUSINESS IN THE UNITED STATES AND CANADA Building off strong foundations and iconic legacy brands, investment will enable the Company to accelerate profitable growth across the U.S. and Canada NEW YORK , Oct. 17, 2024 /PRNewswire/ -- American Industrial Partners ("AIP"), an industrials investor, today announced that American Industrial Partners Capital Fund VIII has entered into a definitive agreement to acquire the U.S. and Canadian architectural coatings business (the "Company") of PPG, (NYSE: PPG), a global paints, coatings, and specialty materials leader.  The transaction is expected to close in late 2024 or early 2025 and is subject to customary closing conditions. prnewswire.com - 1 month ago
8. Profile Summary

PPG Industries, Inc. PPG

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COUNTRY US
INDUSTRY Chemicals - Specialty
MARKET CAP $ 28.4 B
Dividend Yield 0.51%
Description PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company's Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft. It also provides coatings and finishes for the protection of metals and structures, such as metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, and rail cars; paints, wood stains, adhesives, and purchased sundries for painting and maintenance contractors, and consumers for decoration and maintenance of residential and commercial building structures; and paints, thermoplastics, pavement marking products, and other technologies for pavement marking. The company's Industrial Coatings segment offers coatings, adhesives and sealants, and metal pretreatments, as well as services and coatings applications for appliances, agricultural and construction equipment, consumer electronics, automotive parts and accessories, building products, kitchenware, and transportation vehicles and other finished products; and on-site coatings services. It also provides coatings for metal cans, closures, plastic tubes, and promotional and specialty packaging; amorphous precipitated silica for tire, battery separator, and other end-uses; TESLIN substrates for labels, e-passports, drivers' licenses, breathable membranes, and loyalty and identification cards; and organic light emitting diode materials, displays and lighting lens materials, optical lenses, color-change products, and photochromic dyes. The company was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania.
Contact One PPG Place, Pittsburgh, PA, 15272 https://www.ppg.com
IPO Date March 17, 1980
Employees 53000
Officers Ms. Malesia Dunn Executive Director of PPG Foundation Dr. David Stanley Bem Ph.D. Senior Vice President of Science & Technology and Chief Technology Officer Mr. Jonathan Edwards Director of Investor Relations Ms. Peg Curry Head of Corporate Business Communications & Administrative Secretary Ms. Anne M. Foulkes Senior Vice President & General Counsel Mr. Robert Massy Senior Vice President & Chief Human Resources Officer Ms. Amy R. Ericson Senior Vice President of Protective & Marine Coatings Mr. Vincent J. Morales Senior Vice President & Chief Financial Officer Mr. Ramaprasad Vadlamannati Senior Vice President of Global Operations Mr. Timothy M. Knavish Chief Executive Officer & Chairman