PPG Industries, Inc (PPG) concluded trading on Thursday at a closing price of $125.50, with 3.36 million shares of worth about $421.95 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.92% during that period and on December 05, 2024 the price saw a loss of about -1.05%. Currently the company’s common shares owned by public are about 232.00M shares, out of which, 230.96M shares are available for trading.
Stock saw a price change of 1.66% in past 5 days and over the past one month there was a price change of 0.68%. Year-to-date (YTD), PPG shares are showing a performance of -16.08% which decreased to -12.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $118.07 but also hit the highest price of $151.16 during that period. The average intraday trading volume for PPG Industries, Inc shares is 1.49 million. The stock is currently trading 1.16% above its 20-day simple moving average (SMA20), while that difference is down -0.87% for SMA50 and it goes to -3.57% lower than SMA200.
PPG Industries, Inc (NYSE: PPG) currently have 232.00M outstanding shares and institutions hold larger chunk of about 84.72% of that.
The stock has a current market capitalization of $29.12B and its 3Y-monthly beta is at 1.23. PE ratio of stock for trailing 12 months is 19.90, while it has posted earnings per share of $6.31 in the same period. Its PEG reads 2.89 and has Quick Ratio of 1.13 while making debt-to-equity ratio of 0.93. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PPG, volatility over the week remained 1.63% while standing at 1.62% over the month.
Stock’s fiscal year EPS is expected to rise by 6.53% while it is estimated to increase by 8.50% in next year. EPS is likely to grow at an annualized rate of 6.88% for next 5-years, compared to annual growth of -0.41% made by the stock over the past 5-years.
Coverage by Evercore ISI stated PPG Industries, Inc (PPG) stock as an In-line in their note to investors on April 22, 2024, suggesting a price target of $152 for the stock. On April 11, 2024, Wells Fargo Upgrade their recommendations, while on March 07, 2024, UBS Downgrade their ratings for the stock with a price target of $156. Stock get a Peer perform rating from Wolfe Research on March 01, 2024.
