Analyst Ratings for PPG Industries Inc. (PPG)

Updated: 2017-07-28

Shares of PPG Industries Inc. (NYSE:PPG) have received a consensus rating of Overweight from Wall Street analysts. PPG had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 12 analysts, 1 gave an overweight rating, 11 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

PPG was given price targets by several analysts. The most optimistic price target was 127, which equates to a potential upside of 19.65 percent. The most pessimistic analyst gave a price target of 100, which equates to a potential downside of -5.78 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates downwards for this quarter, by about -2.97 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -3.82 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.37 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -2.48 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 7 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 6 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of PPG to grow at a rate of 170.71 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. PPG has a PEG ratio of 0.28.

In the trailing 52-weeks, PPG hit 113.67 at the highest peak, while it's lowest trading point was 89.64. The current market price is above the trailing year's low by 18.41 percent, and 6.62 percent lower than its 52-week high. PPG has a P/E ratio of 47.32. Investors typically compare the P/E ratio to a company's peers in the industry. The PPG value stock report compares PPG to some of its peers using value stock charts. The market cap of PPG is $27.23 billion. PPG's next earnings release will be on 0000-00-00, which is days away.