PPG Industries, Inc. (PPG) Stock Forecast & Predictions

PPG Industries, Inc. PPG: $148.16

1 Ppg Pl, Pittsburgh, Pennsylvania, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.ppg.com

  • Market Cap$35.27B
  • Change (52 Weeks)25.36%
  • Low (52 Weeks)$118.28
  • PPG Industries, Inc. (PPG) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, PPG Industries, Inc. (PPG) stock price is $148.16 and the 52 weeks low is $118.28, which means the PPG Industries, Inc. stock price is up 25.36% in the last 12 months.

    PPG Industries, Inc. (PPG) Stock Price has been Trending Strongly with an ADX reading of 25.95 as per the Weekly Chart.

    A Upward trend indicates that PPG Industries, Inc. (PPG) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that PPG Stock price might rise further, 31.25% indicating that PPG Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall PPG stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    PPG Industries, Inc. (PPG) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for PPG Industries, Inc. (PPG) is based on 31 Institutional Analyst Ratings where 48.39% are on Strong Buy, 19.35% on Moderate Buy, 29.03% remains on Hold, 0.00% are on Moderate Sell and 3.23% are on Strong Sell.

    Out of 31 Institutional Analysts, majority recommended PPG stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of PPG Industries, Inc..

    PPG Industries, Inc. (PPG) Stock Price Prediction By Analysts


    HighLowAverage
    $210.00$123.22$180.19
    $180.1921.62% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for PPG set by the institutional analysts is $180.19 where High Estimate is $210.00, Median $183.6 and Low $123.22.

    The average price target for PPG by Institutional Analysts is $180.19, which is 21.62% Upside from the current price. So according to the Institutional Analysts, PPG Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    PPG Industries, Inc. (PPG) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 479,658 investor portfolio.

    Our algorithm has analysed 479,658 investor portfolio with PPG stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about PPG and holding their positions hoping for a further rise in the stock price and more profit.

    PPG Industries, Inc. (PPG) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    CitigroupNeutralDowngraded
    Wells FargoOverweightMaintained
    RBC CapitalOutperformMaintained
    Deutsche BankBuyMaintained
    SusquehannaPositiveUpgraded
    Wells FargoOverweightMaintained
    BarclaysEqual-WeightMaintained
    Societe GeneraleBuyMaintained
    Deutsche BankBuyMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    RBC CapitalOutperformMaintained
    BMO CapitalOutperformMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankBuyMaintained
    Argus ResearchBuyMaintained
    Wells FargoOverweightMaintained
    B of A SecuritiesBuyUpgraded
    Deutsche BankBuyMaintained
    BerenbergBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    BMO CapitalOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSBuyMaintained
    RBC CapitalOutperformMaintained
    UBSBuyMaintained
    Evercore ISI GroupIn-LineInitiated
    Morgan StanleyEqual-WeightMaintained
    SunTrust Robinson HumphreyBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    BarclaysEqual-WeightMaintained
    BairdOutperformMaintained
    B of A SecuritiesNeutralMaintained
    Argus ResearchBuyMaintained
    BMO CapitalOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    UBSBuyMaintained
    JP MorganOverweightUpgraded
    Argus ResearchBuyMaintained
    JP MorganNeutralMaintained
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    CFRAHoldDowngraded
    Credit SuisseNeutralMaintained
    Deutsche BankBuyMaintained
    CFRABuyMaintained
    CitigroupBuyMaintained
    UBSBuyMaintained
    SusquehannaNeutralMaintained
    JP MorganNeutralMaintained
    SunTrust Robinson HumphreyHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    Wells FargoOverweightMaintained
    UBSBuyMaintained
    UBSBuyMaintained
    RBC CapitalOutperformMaintained
    B of A SecuritiesUnderperformReiterated
    Wells FargoOverweightMaintained
    Deutsche BankBuyMaintained
    BairdOutperformMaintained
    Goldman SachsBuyMaintained
    BerenbergBuyInitiated
    BMO CapitalMarket PerformMaintained
    UBSBuyMaintained
    JP MorganNeutralUpgraded
    Wells FargoOutperformInitiated
    CitigroupBuyMaintained
    Bank of AmericaUnderperformDowngraded
    RBC CapitalOutperformMaintained
    BarclaysEqual-WeightMaintained
    Buckingham ResearchNeutralMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    BuckinghamNeutralMaintained
    KeyBancOverweightMaintained
    JP MorganUnderweightDowngraded
    JP MorganNeutralDowngraded
    RBC CapitalOutperformUpgraded
    CitigroupBuyUpgraded
    Deutsche BankBuyMaintained
    JP MorganOverweightUpgraded
    BMO CapitalMarket PerformMaintained
    KeyBancOverweightMaintained
    CitigroupNeutralMaintained
    Deutsche BankBuyMaintained
    Credit SuisseNeutralMaintained
    Credit SuisseNeutralDowngraded
    JP MorganNeutralDowngraded
    Goldman SachsBuyUpgraded
    KeyBancOverweightMaintained
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    JP MorganOverweightMaintained
    JefferiesHoldDowngraded
    JP MorganOverweightUpgraded
    CitigroupNeutralMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalMarket PerformInitiated
    Deutsche BankBuyUpgraded
    BarclaysEqual-WeightMaintained
    CitigroupNeutralMaintained
    JP MorganNeutralDowngraded
    Atlantic EquitiesNeutralDowngraded
    Raymond JamesOutperformInitiated
    CitigroupNeutralMaintained
    Credit SuisseOutperformMaintained
    Bank of AmericaNeutralMaintained
    BairdOutperformMaintained
    CitigroupBuyMaintained
    SunTrust Robinson HumphreyHoldDowngraded
    Bank of AmericaNeutralDowngraded
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    ArgusBuyUpgraded
    Atlantic EquitiesOverweightUpgraded
    Wells FargoMarket PerformDowngraded
    Evercore ISI GroupBuyInitiated
    SusquehannaNeutralDowngraded
    RBC CapitalSector PerformDowngraded
    ArgusHoldDowngraded
    Goldman SachsNeutralDowngraded
    Deutsche BankHoldDowngraded
    CitigroupBuyMaintained
    Seaport GlobalBuyUpgraded
    Longbow ResearchBuyUpgraded
    CLSAOutperformDowngraded
    CitigroupBuyMaintained
    Credit SuisseOutperformMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankBuyMaintained
    Seaport GlobalAccumulateInitiated
    BarclaysEqual-WeightMaintained
    Goldman SachsBuyUpgraded
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    CitigroupBuyMaintained
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    SunTrust Robinson HumphreyBuyUpgraded
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    RBC CapitalOutperformInitiated
    JP MorganOverweightMaintained
    BarclaysEqual-WeightMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    JP MorganOverweightMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSNeutralMaintained
    CitigroupBuyMaintained
    JefferiesBuyMaintained
    JP MorganOverweightMaintained
    RBC CapitalOutperformUpgraded
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    JP MorganOverweightMaintained
    UBSNeutralMaintained
    JefferiesBuyMaintained
    RBC CapitalSector PerformInitiated
    JefferiesBuyUpgraded
    UBSNeutralMaintained
    JefferiesHoldMaintained
    Deutsche BankBuyUpgraded
    Credit SuisseOutperformMaintained
    BairdOutperformInitiated
    Bank ofericaBuyUpgraded
    JP MorganOverweightInitiated
    CitigroupHoldMaintained
    UBSNeutralMaintained
    CitigroupBuyUpgraded
    JefferiesHoldMaintained
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    Goldman SachsNeutralMaintained
    JefferiesHoldMaintained

    PPG Industries, Inc. (PPG) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.647
    The average consensus EPS for PPG is $1.647 with a high estimate of $1.964 and Low of $1.343 for the period 2021-12-31 and based on 20 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.94$2.21610162021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.6631672021-09-30
    $1.94$2.21610162021-06-30
    $1.88$1.58047832021-03-31
    $1.59$1.5991332020-12-31
    $1.93$1.93694772020-09-30
    $0.99$0.71825142020-06-30
    $1.19$1.18977999999999982020-03-31
    $1.31$1.35110732019-12-31
    $1.67$1.62393862019-09-30
    $1.85$1.84412870000000022019-06-30
    $1.38$1.22212019-03-31
    $1.15$1.10757610000000022018-12-31
    $1.45$1.4630862018-09-30
    $1.9$1.89756779999999982018-06-30
    $1.39$1.40779862018-03-31
    $1.19$1.19396142017-12-31
    $1.52$1.53674532017-09-30
    $1.83$1.84016952017-06-30
    $1.35$1.32858430000000022017-03-31
    $1.19$1.19444622016-12-31
    $1.56$1.5792362016-09-30
    $1.85$1.86844952016-06-30
    $1.31$1.31332322016-03-31
    $1.23$1.23438159999999992015-12-31
    $1.61$1.61268719999999992015-09-30
    $1.67$1.65631922015-06-30
    $1.185$1.18108392015-03-31
    $1.055$1.00356632014-12-31
    $1.41$1.38967922014-09-30
    $1.415$1.40105182014-06-30
    $0.99$0.94270372014-03-31
    $0.905$0.8722362013-12-31
    $1.22$1.18355842013-09-30
    $1.225$1.18435630000000012013-06-30
    $0.79$0.77783132013-03-31
    $0.765$0.77318530000000012012-12-31
    $1.12$1.11219182012-09-30
    $1.18$1.19418360000000012012-06-30
    $0.905$0.85513670000000012012-03-31
    $0.655$0.64169342011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).