|Bid||0.00 x 3000|
|Ask||0.00 x 800|
|Day's Range||115.56 - 116.73|
|52 Week Range||100.36 - 122.07|
|PE Ratio (TTM)||19.97|
|Earnings Date||Oct 17, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||1.92 (1.70%)|
|1y Target Est||120.20|
PPG (PPG) today announced that Dan Fayock, currently corporate counsel, has been appointed assistant general counsel and corporate secretary, and Joe Gette, currently corporate counsel, was named assistant general counsel, M&A and securities. Both will report to Anne M. Foulkes, senior vice president and general counsel.
The number of material accounting mistakes made by U.S. public companies declined every year since 2006, but preliminary data for this year indicate a reversal. During the first six months of 2018, 65 companies detected accounting mistakes significant enough to require them to restate and refile entire financial filings to regulators, compared with 60 companies for the same period last year, according to Audit Analytics. The Massachusetts-based research firm analyzed disclosures from more than 9,000 U.S.-listed going back to 2005, identifying companies that had to reissue their financials because prior documents were deemed no longer reliable.
Leanne Ford, the interior designer behind the HGTV home renovation show “Restored by the Fords,” is joining her passion for color and design with paint and color expertise from PPG (PPG). The partnership will give homeowners the confidence they need to tackle do-it-yourself (DIY) projects at home – starting with selecting the perfect white paint – by making their combined design and color know-how accessible to everyone. “We all should feel empowered to create a space for ourselves that we love coming home to at the end of the day,” said Ford.
PPG (PPG) today announced the completion of a COLORFUL COMMUNITIES™ project in Sumaré, São Paulo, Brazil, that helped revitalize the Wadih Jorge Maluf School in the Matão district. The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world, such as in Sumaré, where PPG has a manufacturing facility, an administrative office and a customer application center. The project brought together approximately 250 PPG and community volunteers who spent a day revitalizing various spaces throughout the public school.
PPG (PPG) today announced that Dr. Shanti Swarup, PPG senior scientist, coatings research and development, polymer synthesis, was named the recipient of the 2019 National Award in Applied Polymer Science, administered by the American Chemical Society (ACS). Sponsored by Eastman Chemical Company, the award recognizes and encourages outstanding achievements in the science or technology of plastics, coatings, polymer composites, adhesives and related fields.
On September 11, RPM International (RPM) announced that it acquired Nudura—a Canadian-based company. Nudura specializes in manufacturing and distributing insulated concrete forms. However, RPM International didn’t disclose the acquisition’s financial aspects. RPM International expects the acquisition to be included in its reporting system within one year.
PPG Industries' (PPG) Teslin label stock enhances the security and durability of printed texts through its ability to absorb and lock in inks and toners.
PPG (PPG) today announced that one of its leading scientists for energy storage solutions will discuss recent advances in electrode binders and coatings for automotive lithium-ion batteries during The Battery Show North America 2018, which will be held Sept. 11-13 in Novi, Michigan. Dr. Stuart Hellring, PPG senior research and development scientist, will present the company’s recent success in developing a cost-effective cathode binder that eliminates the use of the solvent N-Methylpyrrolidone (NMP). NMP, which is widely used in electrode manufacturing, has been identified as a reproductive hazard by several global regulatory agencies.
PPG (PPG) today announced the completion of a COLORFUL COMMUNITIES™ project in Russia’s Lipetsk region that helped revitalize the sports hall of Gymnasium #3 in the city of Gryazi. The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world, such as in Gryazi, where PPG has a manufacturing facility. The project brought together more than 15 PPG volunteers, who spent a day putting the finishing touches on a major renovation of the gymnasium’s sports hall.
On August 29, PPG Industries (PPG) announced plans to build a new paint and coatings research and development center in Tianjin, China. The center will be located in the Tianjin Economic and Technological Development Area. The research center is expected to be completed by 2021.
PPG (PPG) today announced that the PPG Foundation recently invested $20,000 in two Alabama organizations in support of educational programs. The grants were made on behalf of PPG’s aerospace facility in Huntsville, Alabama. The foundation provided $15,000 to The Schools Foundation in support of its Summer Adventures In Learning (SAIL) program, which reaches 500 low-income students in the school districts of Huntsville, Madison County and Madison City.
PPG (PPG) today announced that the PPG Foundation recently invested more than $18,000 in two California organizations in support of educational and community sustainability programs. The grants were made on behalf of PPG’s aerospace business, which operates an administrative office and plant in Sylmar, California.
PPG (PPG) today announced that the PPG Foundation recently invested $555,000 in two organizations to support educational and community sustainability programs in the Greater Pittsburgh area, where PPG (PPG) maintains its global headquarters and several facilities. The foundation provided $550,000 in funding to the Zoological Society of Pittsburgh to support the general operations of the Pittsburgh Zoo & PPG Aquarium, including educational programs, animal care and site maintenance. A $5,000 grant to the Pittsburgh Symphony will support the Kraft Heinz Audience of the Future program, which provides students with opportunities to explore science, technology, engineering, art and math (STEAM) concepts through hands-on technologies and maker activities focused on music and the science of sound.
On August 17, PPG Industries’ (PPG) Dulux Paints announced the 2019 colors of the year. Dulux announced two deep greens as the 2019 colors of the year: Night Watch (DLX1145-7)—a new color collection Mojito Shimmer (036VS)
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of PPG Industries Inc (NYSE:PPG) as an investment opportunity by projecting itsRead More...
The latest short interest data from July 31 indicate that PPG Industries’ (PPG) short interest has been increasing since the beginning of 2018. As per the latest report, PPG’s short interest as a percentage of its outstanding shares was 3.5% on July 31, up from 2.6% on January 12.
The number of analysts tracking PPG Industries (PPG) since the second quarter has fallen to 23 from 24. Among them, ~48% have recommended “buys” on the stock, and 48% have recommended “holds.” None have recommended “sells.”
A higher dividend yield with good dividend growth is likely to attract more long-term investors and dividend investors. PPG’s peers Sherwin-Williams (SHW) and RPM International (RPM) have dividend yields of 0.77% and 2.21%, respectively, while Axalta (AXTA) hasn’t paid any dividends. In comparison to its peers’ yields, PPG’s dividend yield is neither better nor worse.
PPG Industries (PPG) is all set to pay its 480th consecutive dividend payment. The company has been paying uninterrupted dividends to its shareholders since 1899. PPG has announced the key dates for the payment of its next dividend.