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.

Several price targets were given for PPG by the analysts covering the stock. The most optimistic price target was 127, which equates to a potential upside of 19.65 percent. The most pessimistic price target was 100, implying a possible loss of -5.78 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.97 percent. That number becomes -3.82 percent if we expand the time horizon to include the past 3 months instead of just one. 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, which can be compared to the 7 analysts that decreased their estimates. 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. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Currently the stock is 18.41 percent higher than its low, 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 stock has a market capitalization of $27.23 billion. PPG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.