Institutional investors and hedge funds own 71.49% of the company's stock.
PPG Industries, Inc. had its "buy" rating reiterated by analysts at Jefferies. 1,077,308 shares of the company's stock traded hands. PPG Industries has a 1-year low of $88.37 and a 1-year high of $117.00.
The stock went public on 4/6/1983 and has an average volume of 1533.86. The stock has a market cap of $25.53 billion, a P/E ratio of 30.71 and a beta of 1.39. The Company has gross margin of 45.30% and profit margin was positive 5.90% in trailing twelve months. The company had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $3.55 billion. The EPS growth for the last 5 years is at -4.50% while the predicted EPS growth for the next 5 years is at 8.45%. The firm's quarterly revenue was down 5.3% compared to the same quarter past year. Finally comes the ratings part in which the PPG was evaluated with 15 analysts of WSJ going for Buy ratings in previous quarter, while at present 13 analysts gave Buy ratings from whole pool.
To accommodate long-term intention, the firm has diverse dividend or yield record, PPG has Dividend Yield of 1.50% and experts calculate Return on Investment of 6.50%.
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02/14/2017 - Evercore ISI began new coverage on PPG Industries, Inc. giving the company a "buy" rating. The 9 analysts gave Hold ratings in recent rating. Susquehanna Bancshares Inc lowered shares of PPG Industries from a "positive" rating to a "neutral" rating and reduced their price target for the company from $108.00 to $100.00 in a research report on Tuesday, January 17th.
10/25/2016 - PPG Industries, Inc. was downgraded to "hold" by analysts at Argus.
Coatings and specialty products maker PPG Industries (PPG) is posting a notable loss in afternoon trading on Thursday, falling by 3.7 percent.
The separation would allow the Specialty Chemicals "to build and accelerate its market-leading positions" in different market segments. The Performance Coatings segment includes the refinish, aerospace, protective and marine, architectural businesses.