On Friday, PPG Industries, Inc (NYSE: PPG) opened lower -1.10% from the last session, before settling in for the closing price of $98.11. Price fluctuations for PPG have ranged from $90.24 to $130.05 over the past 52 weeks.
During the last 5-year period, the sales growth of Basic Materials Sector giant was 2.71%. Company’s average yearly earnings per share was noted -2.48% at the time writing. With a float of $224.14 million, this company’s outstanding shares have now reached $224.40 million.
PPG Industries, Inc (PPG) Insider Activity
A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of PPG Industries, Inc is 0.12%, while institutional ownership is 87.49%. The most recent insider transaction that took place on Feb 14 ’25, was worth 568,080. In this transaction Chairman and CEO of this company sold 4,800 shares at a rate of $118.35, taking the stock ownership to the 35,833 shares. Before that another transaction happened on Feb 14 ’25, when Company’s Officer proposed sale 4,800 for $118.35, making the entire transaction worth $568,080.
PPG Industries, Inc (PPG) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 1.61 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.63) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.42% during the next five years compared to 2.71% growth over the previous five years of trading.
PPG Industries, Inc (NYSE: PPG) Trading Performance Indicators
Check out the current performance indicators for PPG Industries, Inc (PPG). In the past quarter, the stock posted a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39. Likewise, its price to free cash flow for the trailing twelve months is 30.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.60, a number that is poised to hit 1.61 in the next quarter and is forecasted to reach 8.17 in one year’s time.
Technical Analysis of PPG Industries, Inc (PPG)
Looking closely at PPG Industries, Inc (NYSE: PPG), its last 5-days average volume was 1.55 million, which is a drop from its year-to-date volume of 2.0 million. As of the previous 9 days, the stock’s Stochastic %D was 78.98%.
During the past 100 days, PPG Industries, Inc’s (PPG) raw stochastic average was set at 12.11%, which indicates a significant decrease from 25.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.13 in the past 14 days, which was higher than the 2.10 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $102.74, while its 200-day Moving Average is $108.87. However, in the short run, PPG Industries, Inc’s stock first resistance to watch stands at $97.67. Second resistance stands at $98.32. The third major resistance level sits at $98.86. If the price goes on to break the first support level at $96.48, it is likely to go to the next support level at $95.94. Should the price break the second support level, the third support level stands at $95.29.
PPG Industries, Inc (NYSE: PPG) Key Stats
There are currently 224,400K shares outstanding in the company with a market cap of 21.77 billion. Presently, the company’s annual sales total 15,845 M according to its annual income of 1,116 M. Last quarter, the company’s sales amounted to 4,082 M and its income totaled 453,000 K.
