Market Inference Reports -- PPG Stock

During the morning session, PPG Industries moved 3.57%, compared to -1.55% for the S&P 500.

PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials. The company is now trading -7.22% away from its average analyst target price of $139.21 per share. The 23 analysts following the stock have set target prices ranging from $118.0 to $159.0, and on average give PPG Industries a rating of buy.

Over the last year, PPG shares have gone up 6.78%, which represents a difference of 16.84% when compared to the S&P 500. The stock's 52 week high is $137.74 per share whereas its 52 week low is $105.47. With its operating margins declining an average -2.85% over the last four years, PPG Industries may not have a strong enough business to keep this trend despite its growing revenues.

Date Reported Revenue (k) Cost of Revenue (k) Gross Margin YoY Growth
2022-12-31 $17,539,000 $15,793,000 9.95% -20.02%
2021-12-31 $16,913,000 $14,809,000 12.44% -4.31%
2020-12-31 $13,780,000 $11,989,000 13.0% -6.2%
2019-12-31 $15,135,000 $13,038,000 13.86% -80.9%
2018-12-31 $15,419,000 $4,229,000 72.57% n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.