Analyst Research

Where PPG Industries, Inc. (NYSE:PPG) Stands on Analytical Review Chart?

PPG Industries, Inc. (NYSE:PPG) fell -3.65% during previous trade. Wells Fargo issued rating on the stock of PPG Industries, Inc. (NYSE:PPG) in a research note issued to investors on Mar-09-17, the stock received “Downgrade” rating from Outperform to Market Perform. Additionally Susquehanna issued their verdict on the stock of the company, on record date of Jan-17-17 the stock was “Downgraded” from Positive to Neutral besides that on Jan-09-17 PPG Industries, Inc. (NYSE:PPG) was “Downgraded” by Citigroup from Buy to Neutral. Furthermore on Dec-13-16 the stock was “Downgraded” by RBC Capital Mkts from Outperform to Sector Perform from $105 to $101.

PPG Industries, Inc. (NYSE:PPG) shares ended last trading session at the price of $102.93 whereas a number of traders indicating mean target price will hit $110.43 over the next twelve months, mean value of price target most recently revised on 02/14/17. PPG Industries, Inc. (NYSE:PPG)’s highest estimates of price target are $122 and low forecast is $100 based on the opinion of 21 analysts. The price target estimates represents a standard deviation of 8.26. However brokerage recommendations suggests an ABR of 1.71 based on calls of 17 experts, where 11 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 6 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

PPG Industries, Inc. (NYSE:PPG) is expected to release the earnings of its current quarter on 4/20/17. The company is expected to release $1.32 EPS for current quarter according to 20 analysts whereas the company reported $1.27 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $1.25 and high estimate of $1.39. For the current year PPG Industries, Inc. (NYSE:PPG) has set to release EPS of $6.23 as per the sentiments of 24 analysts, however according to 23 analysts, the company expected to release $6.88 EPS for next year.

PPG Industries, Inc. (NYSE:PPG)’s average revenue estimates for the current quarter are $3.53B according to 16 number of analysts. However its lowest revenue estimates are $3.45B and highest revenue estimates are $3.62B. A year ago the company’s sales were $3.67B. Its yearly sales growth estimates are -3.90%. For the next quarter the company has anticipated average revenues of $3.93B, according to the sentiments of 16 analysts. For the current year the company has fixed $14.91B revenues, as per the opinion of 20 analysts. For the current year the company has low revenue estimates of $14.62B in contradiction of high revenue estimates of $15.27B. Whereas for the next year revenues are set at $15.39B by 20 analysts.

The stock exchanged hands 5.75M shares versus average trading capacity of 1.80M shares, while its shares’ total market worth is $28.05B along with 257.09M outstanding shares. PPG Industries, Inc. (NYSE:PPG) shares were trading -10.63% below from the 52-week high price mark of $115.17 and +15.77% above from the 52-week price bottom of $88.91. However the company observed 52 week high price on 04/20/16 and witnessed 52 week low price on 10/25/16. The company’s price sits 3.55% above from its 50-day moving average of $101.32 and 2.48% far from the stock’s 200-day moving average which is $98.81. PPG Industries, Inc. (NYSE:PPG)’s price to sales ratio for trailing twelve month stands at 1.80, whereas its price to book ratio for most recent quarter sits at 5.58. However the company’s price to cash per share for most recent quarter stands at 14.25. Its price to free cash flow for trailing twelve months is 52.15.

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