PPG Industries, Inc (PPG) July 20, 2021 Stock Price, Analysis & Forecast
PPG Industries, Inc (NYSE: PPG) opened the trading session on July 20, 2021, at $154.8, exhibiting a change of -4.3801% against the previous close at $165.75. During the trading session, the stock price jumped to $159.13 and decreased to $152.35. Finally, the stock stabilized at $158.49. Though, considering a long-term vision, PPG Industries, Inc reported a 52 Week Range within the limits of $104.29-$182.97.
PPG Industries, Inc's shares outstanding currently price $237.09M, in addition to a float of $235.97M. PPG operates in the LIFE SCIENCES sector of the PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODS industry and has a market capitalization of $37.58B (as of July 20, 2021). Also worth noting that PPG Industries, Inc's 50-day Moving Average stabilized at $172.92, while such value as 200-day Moving Average is currently $158.72.
To estimate the company's efficiency, let's take note of PPG Industries, Inc's conglomerate performance. At the moment, PPG has full-time employees. PPG Industries, Inc has generated $inf per worker During the last fiscal year. At the same time, PPG's income per employee was $inf. And now, let's take note of the company's income report. PPG Industries, Inc's Net Income for the last fiscal year was $1.06B, while such value as Income Before Taxes was at the level of $1.35B. PPG's Operating Income was at the mark of $2.11B.
PPG Industries, Inc (PPG) Earnings & Revenue
Talking about the Profitability, PPG reached a Profit Margin of 8.33% and an Operating Margin (TTM) of 13.2%. However, when we touch the questions of management effectiveness, PPG Industries, Inc generated a Return on Equity (TTM) of 22.4% and a Return on Assets (TTM) of 6.17%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended March 31, 2021, PPG Industries, Inc generated Revenue (TTM) of $14.34B, reporting a Quarterly Revenue Growth of 14.9%. As for the Revenue Per Share (TTM), this indicator was at the mark of $60.49. The company's Gross Profit (TTM) was $6.09B, while according to the EBITDA report, it was estimated at $2.39B.
PPG Industries, Inc (NYSE: PPG) Owners & Shares
Finally, let's take a look at the share statistics. As mentioned above, PPG's shares outstanding now amounts to $237.09M, where Shares Short was $3.33M versus the prior month amounted to $3.17M. (Short % of Float was 1.41%). And now, let's overview which kind of investors works with PPG Industries, Inc's stocks. PPG's current ownership accounts for 82.85% institutional investors, while 0.268% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, PPG's Forward Annual Dividend Rate is currently at the mark of 2.36, whereas the Dividend Yield is 1.42%, and a Dividend Payout Ratio is 34.6% (Dividend Date: September 10, 2021). The company's Dividend Per Share value thereby is $2.13.
PPG Trading Performance
It's time to observe the current performance indicators for PPG Industries, Inc. PPG's price/earnings to growth ratio during the last reported quarter was 5.91%. The company's PE Ratio stands at 31.61%, while PPG's Beta score is 1.128. Also worth noting that PPG Industries, Inc's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 5.01. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 2.828, as well as Price To Book Ratio, which amounts to 6.91.
PPG Industries, Inc Analysis & Estimates
Within the previous 9-day period, PPG Industries, Inc's Average True Range (ATR) was 4.4441, while the stock's Stochastic SlowD moving average was 43.1728%, and the SlowK moving average volumed at 43.1728%.