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 |
