Shares of PPG Industries have moved -6.3% today, and are now trading at a price of $115.03. In contrast, the S&P 500 index saw a -1.0% change. Today's trading volume is 2,695,508 compared to the stock's average volume of 1,876,952.
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. Based in Pittsburgh, United States the company has 53,000 full time employees and a market cap of $26,686,959,616.
The company is now trading -19.68% away from its average analyst target price of $143.22 per share. The 23 analysts following the stock have set target prices ranging from $120.0 to $166.0, and on average give PPG Industries a rating of buy.
Over the last 12 months PPG shares have declined by -12.6%, which represents a difference of -34.4% when compared to the S&P 500. The stock's 52 week high is $145.6 per share and its 52 week low is $113.0. With its net margins declining an average -4.2% over the last 6 years, PPG Industries declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 18,246,000 | 1,270,000 | 7 | 16.67 |
| 2022 | 17,652,000 | 1,026,000 | 6 | -33.33 |
| 2021 | 16,802,000 | 1,439,000 | 9 | 12.5 |
| 2020 | 13,834,000 | 1,059,000 | 8 | 0.0 |
| 2019 | 15,146,000 | 1,243,000 | 8 | -11.11 |
| 2018 | 15,374,000 | 1,341,000 | 9 |
