PPG Industries (NYSE:PPG) Updates FY 2025 Earnings Guidance

PPG Industries (NYSE:PPG) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 7.750-8.050 for the period, compared to the consensus estimate of 8.670. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities analysts have recently commented on PPG shares. Deutsche Bank Aktiengesellschaft dropped their price target on shares of PPG Industries from $150.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, December 19th. Royal Bank of Canada decreased their target price on shares of PPG Industries from $138.00 to $136.00 and set a “sector perform” rating on the stock in a research report on Tuesday, October 22nd. Citigroup cut their target price on PPG Industries from $150.00 to $145.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th. BMO Capital Markets restated an “outperform” rating and issued a $155.00 price target (down from $160.00) on shares of PPG Industries in a research report on Monday, October 21st. Finally, Mizuho cut their price objective on PPG Industries from $160.00 to $150.00 and set an “outperform” rating for the company in a research report on Thursday, October 17th. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, PPG Industries presently has a consensus rating of “Moderate Buy” and an average price target of $149.23.

PPG Industries Stock Down 5.3 %

Shares of NYSE:PPG traded down $6.46 during midday trading on Friday, reaching $116.29. The company had a trading volume of 1,398,470 shares, compared to its average volume of 2,036,454. PPG Industries has a 1-year low of $113.00 and a 1-year high of $145.60. The stock has a market cap of $26.98 billion, a PE ratio of 18.44, a P/E/G ratio of 1.94 and a beta of 1.24. The company has a quick ratio of 1.13, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. The business’s 50 day moving average price is $121.25 and its 200 day moving average price is $124.56.

PPG Industries (NYSE:PPG) last announced its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $1.61 EPS for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.04). PPG Industries had a net margin of 8.24% and a return on equity of 23.63%. Research analysts forecast that PPG Industries will post 8.15 EPS for the current fiscal year.

PPG Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 21st will be paid a $0.68 dividend. The ex-dividend date is Friday, February 21st. This represents a $2.72 dividend on an annualized basis and a yield of 2.34%. PPG Industries’s dividend payout ratio (DPR) is currently 43.11%.

About PPG Industries

PPG Industries, Inc manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.