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PPG Industries, Inc. (PPG)

NYSE - NYSE Delayed Price. Currency in USD
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147.78+1.09 (+0.74%)
At close: 1:02PM EST
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  • Y
    Yahoo Finance Insights
    PPG is up 5.72% to 146.70
  • Y
    Yahoo Finance Insights
    PPG reached an all time high at 146.41
  • D
    David
    3 for 2 split ????
  • S
    Stocktargetadvisor
    $PPG
    Target Raised by Deutsche Bank Aktiengesellschaft Buy USD 150 » USD 155
    Maintains BMO Capital Markets Outperform USD 173 » USD 178
  • T
    Tom
    Stock market crash starts today......
    Biden will take it to new LOWS.......
  • Y
    Yahoo Finance Insights
    PPG reached an all time high at 135.77
  • t
    tromblee
    I started following "awesomestokcalerts" (Gooogle it - off course without any space or dash in between the words) and their notifications are better than anyone else.
  • T
    Tom
    Nice 6% dividend increase. I won’t complain about that.
  • M
    Michael
    Can anyone explain why this company has sales and administrative (SGA) expenses that are 24% of revenue? That is the highest percentage that I have seen in any manufacturing company. Most chemical/material firms have SGA expenses in the 10% range. What do these guys do that requires so much SGA expense. Just seems to me that this company isn't run very efficiently, but maybe I am missing something.
  • a
    allentownjsl
    Bad luck or bad management . Stock was just downgraded at Jeffries citing supply chain pricing squeeze and out of favor financial engineering per share growth tactics.
    IMHO Major issues since McGarry took over:
    Failed bid for Akzo Nobel; loss of Lowes distribution; and internal accounting issues.
    Why has he been given outsized compensation advancements could be an indication of an ineffective BOD. Time for leadership and the BOD to right the ship or find folks who can.
    Also IMHO If they fail to significantly raise the dividend next quarter McGarry and the management team should receive no bonuses this year and perhaps have their 2017 bonuses clawed back.
    Lastly perhaps all RSUs programs should be suspended until the stock performs in the top quintile relative to the S&P 500. Starting from the time McGarry became CEO!
  • j
    jay
    Due to a substantial surge in destruction of property(over $2B in Minneapolis alone) cause by George Floyd riots, PPG and other Restoration, Glass manufactures, hardware suppliers, Etc. will benefit greatly. I predict PPG to rise another 15 to 20 percent by the end of the month.
    Bullish
  • a
    allentownjsl
    Looks like Liebert walked into a hornets nest at PPG automotive finishes. It will be interesting to see if she can fix the problems inherited from her predecessors at PPG. She’ll need to react much more quickly than the glacial pace of the past several years.
  • a
    allentownjsl
    Wonder if announcing ,at this time, the construction of an R&D center in China is the wisest move considering current trade tensions.
  • P
    PayDayTrader
    Surprised with upward move this morning, doubt it lasting
  • s
    stocktargetadvisor
    $PPG
    Target Raised by BMO Capital Markets Outperform USD 125 » USD 137
    Target Raised by Deutsche Bank Buy USD 115 » USD 126
    Upgrades Suntrust Robinson Buy USD 92 » USD 132
    Maintains Credit Suisse Neutral USD 111 » USD 114
    Target Raised by JPMorgan Chase Overweight USD 105 » USD 128
    Maintains Bank of America Neutral USD 120 » USD 121
    Maintains Morgan Stanley Equal-Weight USD 105 » USD 112
    Maintains Argus Buy USD 108 » USD 135
  • a
    allentownjsl
    It’s now time for McGarry to show some leadership and address PPG’s reaction to its market collapse that’s far in excess of the overall market and SHW.
  • a
    allentownjsl
    Anybody else here think it’s time for McGarry to provide an update on the accounting issues facing the company. At least provide an expected time line for quantifying and/or resolving this.
  • D
    David
    Is the current uptick coming from PPG Treasury buyback activity?
  • a
    allentownjsl
    Did I understand correctly PPG borrowed money at about 3.6% to buy back stock that paid about 1.7% dividend? All in the name of engineering increased EPS. Seems the market at the moment strongly disagrees PPG’s business fundamentals. Every even little tick up in share price is met with immediate selling pressure. Looks like many want out and are looking for any opportunity to sell. Continually taking charges to cut costs isn’t a sustainable path to business success .
  • a
    allentownjsl
    Thinking McGarry needs to massively improve investor relations. True underlying volume growth seems to be sub world-wide GDP. Stock performance since he has been running the ship has been sub average. This accounting issue needs to be addressed and a time frame for doing so must be communicated to shareholders.