|Bid||116.00 x 800|
|Ask||116.16 x 900|
|Day's Range||115.99 - 116.63|
|52 Week Range||94.37 - 121.29|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||21.39|
|Forward Dividend & Yield||1.92 (1.65%)|
|1y Target Est||N/A|
PPG Industries Inc NYSE:PPGView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for PPG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding PPG are favorable, with net inflows of $10.17 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. PPG credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The government requires hedge funds and wealthy investors that crossed the $100 million equity holdings threshold are required to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings level the playing field for ordinary investors. The latest round of 13F filings disclosed the […]
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Eastman Chemical and PPG Industries: Latest Business Updates(Continued from Prior Part)PPG IndustriesIn a press release on May 28, PPG Industries (PPG) will display its entire range of industry-leading powder coatings for metal office furniture at
Eastman Chemical and PPG Industries: Latest Business UpdatesEastman ChemicalIn a press release on May 28, Eastman Chemical (EMN) announced that it will expand the production of its Impera resins. The resins are used to manufacture tires. The
PPG Industries' (PPG) latest facility highlights its dedication to expand business and strengthen overall distribution strategy.
Paint and coatings stocks have retreated toward support amid trade tariffs and margin pressure. Brush up on three trading ideas to play a rebound.
PPG Industries (PPG) will keep its existing business portfolio composition that will provide the best opportunity for maximizing shareholder value.
, the $25.44 billion paints, coatings and materials supplier, were falling Tuesday after the company announced it would continue with its current strategy following a review of its business. Aided by advisers from Goldman Sachs and Morgan Stanley, PPG's board of directors said in a press release Tuesday that the company's current portfolio of businesses -- heavily comprised of its architectural and industrial coating units -- gives the company the best opportunity to capture value on a long-term basis. "PPG's Board of Directors commissioned a strategic review process by two independent advisers, with a focus on long-term shareholder value, along with the guidance of 'nothing is sacred,'" said Hugh Grant, PPG's lead independent director.
After two separate reviews of the company business structure, PPG determined its best to keep the architectural and industrial coating segments together.
PPG Industries Inc said on Tuesday it decided to keep its architectural and industrial coatings units after reviewing its operations following calls from activist investor Nelson Peltz to break up the ...
Pittsburgh-based PPG Industries Inc. shares dipped 2% in premarket trade Tuesday, after the paints company said it has completed two independent reviews of its business portfolio with the decision to continue with its current strategy. The reviews were conducted separately by Goldman Sachs and Morgan Stanley. A separate review by a consulting firm of the company's U.S. and Canada architectural coatings business has ended with recommendations for commercial network optimizations, cost cutting, the use of new sales tools and digital technologies. "We are executing these initiatives with the goals of achieving full recovery of our profitability next quarter and positioning the business for continued success," PPG Chief Executive Michael McGarry said in a statement. The company is planning a new cost savings program with the aim of full year run rate saves of about $125 million. It expects to book a second-quarter charge of $185 million to $200 million. Shares have gained 2.6% in the last 12 months, while the S&P 500 has gained 3.9%.
PPG Industries (PPG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
ESG data still have plenty of inconsistencies and quirks. Oil and gas companies fare surprisingly well on ESG rating scales, for one.
Paint manufacturer PPG matched colors with Game of Thrones characters. But if you want a calmer office setting, there are other shades you might want to consider.
Key Chemical Sector Updates from PPG and APDPPG Comex opens new distribution centerIn a press release on April 29, PPG Industries (PPG) announced that its PPG COMEX division opened a new distribution center in Guadalajara, Mexico. The new
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