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.

Many analysts weighed in on price targets for PPG. The highest price target was 127, implying potential capital gains of 19.65 percent. The lowest price target was 100, implying a possible loss of -5.78 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

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. Over the past 30 days, FY earnings estimates have also changed downwards by -1.37 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.48 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 7 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 6 analysts decreased their estimates.

The growth rate of PPG's earnings is estimated by analysts to be 170.71 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. PPG has a PEG ratio of 0.28.

PPG has traded between a high of 113.67 and a low of 89.64 over the past year. Currently the stock is 18.41 percent higher than its low, and 6.62 percent lower than its 52-week high. PPG has a price/earnings 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.