|Bid||114.00 x 5600|
|Ask||115.00 x 10000|
|Day's Range||112.00 - 115.00|
|52 Week Range||88.60 - 120.00|
|Beta (5Y Monthly)||1.24|
|PE Ratio (TTM)||22.03|
|Forward Dividend & Yield||1.83 (1.62%)|
|Ex-Dividend Date||Feb 20, 2020|
|1y Target Est||N/A|
PPG (NYSE:PPG) today announced that the company earned a 90% score on the Human Rights Campaign (HRC) Foundation’s 2020 Corporate Equality Index (CEI), a national benchmarking assessment and report on corporate policies and practices involving lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality.
PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES® project in collaboration with Girl Power to help revitalize Richmond Heights Middle School. Located in Florida’s Miami-Dade County, the school provides education to more than 500 students annually in sixth through eighth grade. The project brought together more than 100 of PPG’s top global leaders, who spent a portion of their annual global leadership meeting making a difference in the lives of the school’s students and faculty.
PPG Industries, Inc. (NYSE:PPG) came out with its yearly results last week, and we wanted to see how the business is...
The company said it anticipates 2020 numbers to be influenced by both market conditions as well as recently implemented trade agreements.
The board of directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 51 cents per share, payable March 12 to shareholders of record February 21.
PPG Industries Inc.'s stock sank 4.4% in premarket trading Thursday, after the paints and specialty materials company reported a fourth-quarter profit that missed expectations. Net income rose to $292 million, or $1.22 a share, from $258 million, or $1.08 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share rose 14% to $1.31, below the FactSet consensus of $1.34. Revenue increased 0.7% to $3.67 billion to match the FactSet consensus, as an almost 2% increase in selling prices helped offset a nearly 3% decline in sales volumes. "We delivered this strong performance in spite of weakening global manufacturing activity that impacted many of our industrial end-use markets," said Chief Executive Michael McGarry. "As the quarter progressed, industrial demand began to stabilize in China, but remained challenged in Europe and the U.S." The stock has gained 9.9% over the past three months through Wednesday, while the S&P 500 has advanced 10.0%.
PPG (NYSE:PPG) today reported fourth quarter 2019 net sales of nearly $3.7 billion, up approximately 1% versus the prior year. Net sales in constant currencies grew about 2% year-over-year, aided by higher selling prices of almost 2%. Sales volumes declined nearly 3% versus the prior year. Unfavorable foreign currency translation impacted net sales by approximately 1%, or about $30 million, and acquisition-related sales, net of divestitures, added nearly 3% to net sales.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before 2018's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
PPG (NYSE:PPG) today announced that it will unveil an array of marketplace-ready coatings designed to help enhance electric-vehicle battery performance, durability, safety and cost during the Advanced Automotive Battery Conference (AABC) Europe, Jan. 12-16, 2020, at RheinMain Congress Center in Wiesbaden, Germany. The company also will introduce its latest battery thermal management innovation, PPG CORATHERM™ thermal gap filler, during a technical presentation on Monday, Jan. 13.
In 2015 Michael McGarry was appointed CEO of PPG Industries, Inc. (NYSE:PPG). First, this article will compare CEO...
PPG (NYSE: PPG) today announced that it has reached a definitive agreement to acquire Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries. The transaction is expected to close in the first quarter 2020, subject to customary closing conditions. Financial terms were not disclosed.
PPG (NYSE:PPG) today announced that it was awarded a Pro-Ethics seal by the Brazil Federal Ministry of Transparency and the Comptroller General of the Union (CGU). PPG, which operates manufacturing facilities in Sumaré, São Paulo; Gravatai, Rio Grande do Sul; Pinhais, Paraná and Américo Brasiliense, São Paulo, was the only coatings company recognized in 2019.
PPG (NYSE:PPG) today announced the following details for its fourth quarter and full-year 2019 earnings release and teleconference call.
PPG (NYSE: PPG) today announced the appointment of Kevin R. Walling as chief human resources officer, effective Feb. 10, 2020. Reporting to Michael McGarry, PPG chairman and chief executive officer, Walling will be responsible for leading the company’s global human resources organization. He will be located at PPG’s global headquarters in Pittsburgh and serve as a member of the company’s Operating Committee.
PPG (NYSE:PPG) today marked the completion of a $15.5 million investment at its aerospace research and technology (R&T) center in Burbank, California.
PPG (NYSE: PPG) today announced the appointment of Robert King as vice president, global operations, industrial segment, effective Dec. 9. Reporting to Rebecca Liebert, PPG executive vice president, King will be responsible for leading the company’s industrial segment global manufacturing, supply chain, engineering and asset management, and continuous improvement activities.
PPG Industries Inc. (NYSE: PPG) announced earlier this week a 10 percent price increase on its industrial coatings products globally, and Bloomberg Intelligence Analyst Chris Perrella said the strategy is on par with the rest of the coatings industry. “Price hikes and increases are definitely ongoing, especially across the industrial coatings sector,” Perrella said.
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]
PPG Industries Inc. and the Boys and Girls Clubs of Western Pennsylvania teamed up to provide STEM career exposure to high schoolers.