|Bid||80.00 x 1000|
|Ask||118.52 x 900|
|Day's Range||115.91 - 116.84|
|52 Week Range||94.37 - 121.29|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||21.38|
|Earnings Date||Jul 17, 2019 - Jul 22, 2019|
|Forward Dividend & Yield||1.92 (1.83%)|
|1y Target Est||122.79|
PPG Industries Inc NYSE:PPGView full report here! Summary * Perception of the company's creditworthiness is negative * 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 | NeutralETF activity is neutral. ETFs that hold PPG had net inflows of $6.39 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow 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 email@example.com.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 […]
PPG windows with new technology block 99% of UVA, UVB radiation, more than 50% of HEV light
In a world where sleep is viewed as a luxury and the anxiety of a fast-paced life is all too real, it is only fitting that PPG paint brand’s 2020 Color of the Year, Chinese Porcelain (PPG1160-6), offers escapism in today’s technologically driven society. Hand-selected by PPG’s global color experts, the shade is a blend of cobalt and moody ink blue that imparts calmness and restful sleep while also offering the spirit of hopefulness – a precious commodity in a restless world. “The faster technology moves and the more convenience it offers, the more we seek activities, experiences and lifestyles that impart slowness and realness into our lives,” said Dee Schlotter, senior color manager, PPG paint brand.
Flexible, moldable, durable substrate offers customizable, low-cost electrical shielding
Eastman Chemical (EMN) should gain from its cost management actions and growth in high-margin innovation products amid a challenging environment.
PPG (PPG) today announced that its COLORFUL COMMUNITIES® program – the company’s signature community engagement initiative – has received the 2019 GOLD Halo Award in the Employee Engagement Group Volunteering category from Engage for Good. The Halo Awards are among North America’s highest honors for corporate social initiatives and cause marketing, showcasing successful consumer engagement and employee engagement efforts. PPG’s Colorful Communities program was recognized at the 17th annual Engage for Good Conference in Chicago on May 30.
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
Global marketing campaign features unique paints that help reduce pollution, help self-driving cars see, and even protect a puppy’s paw from a sizzling sidewalk
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 (PPG) today announced that two separate and independent reviews of its business portfolio were completed by Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, with each firm independently conducting multi-faceted evaluations of PPG’s business portfolio, including potential separation opportunities.