Value Investing Philosophy And PPG Industries, Inc. (NYSE: PPG)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

PPG belongs to the Basic Materials sector of the NYSE while operating in the Specialty Chemicals industry. The current market capitalization of PPG Industries, Inc. is $30.11B. A total of 1.56 million shares were traded on the day, compared to an average of 1.65M shares.

In the most recent transaction, KNAVISH TIMOTHY M bought 2,061 shares of PPG for 133.24 per share on May 08 ’24. After the transaction, the Chairman and CEO now owns 35,833 company shares. In a previous transaction on Mar 01 ’24, Morales Vincent J sold 3,400 shares at 140.94 per share. PPG shares that Senior VP & CFO owns now total 28,439.

Among the insiders who sold shares, Morales Vincent J disposed of 3,700 shares on Aug 01 ’23 at a per-share price of $143.33. This resulted in the Senior VP & CFO holding 22,665 shares of PPG after the transaction. In another insider transaction, MCGARRY MICHAEL H sold 58,378 shares at $145.46 per share on Jul 26 ’23. Company shares held by the Executive Chairman now total 195,706.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. PPG Industries, Inc. pays an annual dividend of $2.60, resulting in a dividend yield of 2.02%, and it has a price to earnings (P/E) ratio of 21.67. PPG’s most recent ex-dividend date was 5/9/2024 when it declared a $0.65 quarterly dividend that was paid in cash on 6/12/2024. Previously, the company paid the dividend on 3/12/2024 with an ex-dividend date of 2/15/2024. The PPG stock dividend was $0.65 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PPG has a high of $152.89 and a low of $120.32.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. PPG’s latest balance sheet shows that the firm has $1.07B in Cash & Short Term Investments as of fiscal 2021. There were $7.47B in debt and $4.77B in liabilities at the time. Its Book Value Per Share was $33.86, while its Total Shareholder’s Equity was $6.41B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PPG is Buy with a score of 4.09.

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