DailyIQ
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Sector:Basic MaterialsAll sectors
Last updated 6 minutes ago

PPG·PPG Industries, Inc.

$.
+. (+.%)
High
$118.60
Open
$116.91
Market Cap
25.63B
52W High
$133.43
Low
$116.74
P. Close
$115.96
P/E
16.17
52W Low
$93.39
Fwd P/E
13.38
DailyIQ Est.
$126.14
Technical Score (1D)
59
BUY
News Sentiment
58
BULLISH
Analysts have recently revised their price targets and ratings for PPG Industries, with BMO lowering its target to $138 while keeping an outperform rating, Mizuho lifting its target to $135, and Citigroup raising its target to $125 with a neutral stance, all reflecting a nuanced view of the company’s near‑term prospects. The company also announced a quarterly dividend, underscoring its cash‑flow strength and reinforcing its appeal as a balanced dividend play with a 2.27 % yield and a low 39.94 % payout ratio, which should support investor demand in the short term. RBC Capital’s upgrade of PPG’s price target to $129 from $119, citing a stronger earnings outlook and resilient demand for coatings amid rising commodity costs, signals confidence in the firm’s ability to maintain margins in a cost‑inflated environment. UBS’s recent lift of the target to $130 from $116 further corroborates the consensus that specialty coatings demand remains robust, suggesting that PPG could sustain earnings momentum through the next quarter. The green chemistry award for SIGMAGLIDE® 2390 highlights PPG’s commitment to sustainable products, potentially boosting market perception and positioning the company for premium pricing in the marine coatings segment. Meanwhile, the European architectural coatings market is projected to grow at a 4 % CAGR, driven by renovations and energy‑efficient coatings, offering PPG opportunities to expand its façade and professional end‑use segments. The combination of rising price targets, dividend stability, and product‑level accolades suggests that PPG’s valuation may tighten in the coming days as the market digests these signals. Traders should watch the upcoming Q2 2026 earnings release on July 28 for revenue guidance, margin updates, and any commentary on the rollout of SIGMAGLIDE 2390, as well as macroeconomic data that could influence industrial spending. Additionally, any forthcoming regulatory approvals for the biocide‑free SIGMAGLIDE 2390 could accelerate its commercial uptake and further support PPG’s growth narrative.
Earnings Summary
PPG Industries, Inc. is a global manufacturer and distributor of paints, coatings, and specialty materials that serves construction, automotive, aerospace, and packaging sectors through its Global Architectural Coatings, Performance Coatings, and Industrial Coatings segments. Operating in the specialty chemicals space, the company leverages a broad product portfolio to maintain a competitive position in the global coatings market. In the most recent two quarters, PPG reported EPS of $1.51 in Q4 2025 and $1.83 in Q1 2026, a rebound from the $2.22 and $2.13 EPS recorded in Q2 and Q3 2025, respectively, while revenue edged up from $3.914 billion in Q4 2025 to $3.93 billion in Q1 2026 after a decline from $4.195 billion in Q2 2025 to $4.082 billion in Q3 2025; the company beat analyst estimates in four of the last six quarters, with Q1 2025, Q3 2025, and Q1 2026 exceeding forecasts and only Q4 2024 and Q4 2025 falling short. Historically, PPG has shown a mixed YoY trajectory, with revenue falling each quarter through Q4 2025 before a modest rebound in Q1 2026, and EPS experiencing a sharp dip in Q4 2025 followed by a recovery in Q1 2026, indicating volatility in earnings despite relatively stable revenue growth. Recent developments include RBC Capital’s upward revision of PPG’s price target to $129 on the basis of resilient demand amid rising commodity costs, the award of the 2026 Green Chemistry Challenge to its SIGMAGLIDE 2390 marine coating, and projections of a 4 % CAGR in the European architectural coatings market through 2031, all of which underscore the company’s focus on sustainability and geographic expansion. Investors should watch for the July 28 Q2 2026 earnings release, paying particular attention to guidance on revenue mix, margin dynamics, the commercial impact of the SIGMAGLIDE award, and any updates on European sales growth or regulatory approvals that could influence the company’s near‑term performance.

EPS

EstBeatMiss
$1.40$1.64$1.88$2.12$2.36Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$2.25 - -
Q1'26$1.79$1.83+2.4%
Q4'25$1.71$1.51-11.7%
Q3'25$2.08$2.13+2.3%
Q2'25$2.22$2.22-0.0%
Q1'25$1.62$1.72+6.1%

Revenue

EstBeatMiss
$3.6B$3.8B$4.0B$4.3B$4.5BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$4.4B - -
Q1'26$3.9B$3.9B+1.1%
Q4'25$3.8B$3.9B+2.0%
Q3'25 - $4.1B -
Q2'25 - $4.2B -
Q1'25 - $3.7B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

PPG Stock Snapshot

PPG is currently trading at $118.58, giving PPG Industries, Inc. a market cap of 25.63B and a P/E ratio of 16.2. Today's range spans $116.74–$118.60, with shares opening at $116.91 and moving up $2.62 (2.3%) from the prior close. DailyIQ's technical score sits at 59/100 (HOLD) with a news sentiment reading of 58/100.

Over the past year PPG has traded between $93.39 and $133.43 - the current price is +27.0% off the 52-week low and -11.1% from the high. 32 analysts cover the stock with a Hold consensus and a mean 12-month target of $125.15 (range $108.00–$138.00), implying upside of +5.5%.

The setup for PPG Industries, Inc. (PPG) is neither bullish nor bearish - it's patient. Score: 59/100 (HOLD). Sentiment: neutral (58/100). Price: $118.58 (in the middle of its 52-week range in $93.39–$133.43). The current P/E ratio stands at 16.2. A large-cap with 25.63B in Basic Materials market cap in a neutral technical phase is exactly where position-sizing decisions get made before the next trend emerges.

Portfolio construction in Basic Materials often uses large-cap names like PPG as tactical swing positions during neutral phases: cheap enough to overweight, liquid enough to exit quickly, and large enough to provide meaningful sector beta. The current 59/100 (HOLD) at $118.58 (in the middle of its 52-week range) and neutral sentiment (58/100) frame the position as a catalyst play within the $93.39–$133.43 annual range rather than a directional bet.