How to Buy Ppg Industries Stock
Ppg Industries Inc
Ppg Industries is a specialty chemical company located in Pennsylvania, United States, which is part of the Basic Materials sector, and is traded under the ticker PPG on the NYSE exchange.
Ppg Industries stock last closed at $131.16, up 0.2% from the previous day, and has decreased 8.25% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.18 percentage points. Ppg Industries stock is currently +9% from its 52-week low of $120.33, and -14.21% from its 52-week high of $152.89.
There are currently 234.5M PPG shares outstanding. The market capitalization of PPG is $30.76B. In the last 24 hours, 2.46M PPG shares were traded.
How to Buy Ppg Industries Stock
Not sure how to invest in Ppg Industries stock? Here's how.
- Figure out where to buy Ppg Industries stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Ppg Industries stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your details.
- Evaluate Ppg Industries stock: The Ppg Industries ticker symbol is PPG. Is Ppg Industries stock a good investment? Should you buy shares of PPG? How do PPG's underlying business fundamentals look? Do top analysts think Ppg Industries is a good buy? Why has PPG's stock price moved recently? (Hint: Our stock market analysis website can help you understand if PPG is a good stock to buy).
- Make your PPG trade: Decide if you will purchase PPG shares at the current market price or use a limit order to purchase PPG stock at a particular price.
- Monitor your PPG position: Create a watchlist to important updates regarding your investment in Ppg Industries stock.
Step 1: Figure out where to buy Ppg Industries stock
You will need a brokerage account to access the NYSE market and buy PPG stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you need to fill out some personal information so you are able to invest in PPG stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on one of the best stock trading apps, your next step is to transfer the money for your investment:
Watch the video below for more details transferring funds into your brokerage account.
Step 4: Evaluate Ppg Industries stock
Once you have selected the best place to buy Ppg Industries stock, it's important to research their stock before you buy, so you can understand the risk as well as the upside.
Ppg Industries Metrics
PPG Due Diligence Checks
WallStreetZen was designed to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PPG's stock page.
Is PPG stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge PPG's fair value.
Using relative valuations measures:
- PPG may be undervalued based on its P/E ratio of 22.01x, relative to Specialty Chemicals industry P/E ratio of 30.31x
- PPG could be overvalued based on its P/B ratio of 3.87x, relative to Specialty Chemicals industry P/B ratio of 3.37x
- PPG may be overvalued based on its PEG ratio of 1.26x
You can do more valuation analysis on PPG's stock here.
PPG Financial Health
Signs that PPG is financially healthy:
- Total PPG debt is lower than 5 years ago, relative to shareholder equity.
- PPG's operating cash flow of $2.27B allows it to safely service it's debt of $7.04B.
- PPG profit margin has gone up from 7.2% to 7.7% in the past year.
- PPG earnings of $2.14B is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the PPG balance sheet.
Signs that PPG is not financially healthy:
- There are more long-term liabilities than short-term assets on the PPG balance sheet.
- PPG has a relatively high debt to equity ratio of 1.73.
Do analysts think it's a good time to buy PPG stock
Out of 11 Wall Street analysts who give ratings on PPG, the consensus analyst rating on Ppg Industries is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Latest PPG Analyst Recommendations
Stephen Richardson, a top 10% analyst from Evercore ISI Group downgrades PPG to a hold rating and maintains their PPG price target from $152.00 to $152.00, on Apr 22, 2024.
Joshua Spector, a bottom 15% analyst from UBS maintains PPG with a hold rating and lowers their PPG price target from $156.00 to $150.00, on Apr 19, 2024.
Michael Sison, a bottom 16% analyst from Wells Fargo upgrades PPG to a strong buy rating and raises their PPG price target from $150.00 to $163.00, on Apr 11, 2024.
Patrick Cunningham, a top 23% analyst from Citigroup maintains PPG with a strong buy rating and lowers their PPG price target from $170.00 to $161.00, on Apr 10, 2024.
Duffy Fischer, a top 28% analyst from Barclays downgrades PPG to a hold rating and lowers their PPG price target from $163.00 to $149.00, on Feb 27, 2024.
You can dig deeper into what analysts are saying on the Ppg Industries stock forecast page.
PPG Technicals
PPG Revenue
Last year, PPG earnings were $1.41B. During the last 5 year, PPG's earnings have increased by 1.69% per year. This was slower than the Specialty Chemicals industry average of 6.64%.
Last year, PPG revenue was $18.18B. Over the last five year, PPG's revenue has increased by 3.62% per year. This was slower than the Specialty Chemicals industry average of 9.41%.
You can research PPG's earnings and revenue performance here.
Are PPG executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at PPG have sold more shares than they have bought.
Melanie Healey, Director of PPG, was the latest PPG insider to sell. They sold $404.88 worth of PPG stock on Apr 17, 2024.
Learn more about who owns PPG stock here.
Does PPG provide a stable income stream?
Ppg Industries pays a dividend of 1.96%, compared to the Specialty Chemicals industry's average dividend yield of 3.44%. If you owned $1,000 of PPG stock, you would have been paid $19.59 in the past year.
Ppg Industries dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Ppg Industries dividend yield and history here.
What others are saying about PPG
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your PPG trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Click the Open Trade button and your broker will place the order.
If you want additional help with investing in stocks on eToro, click the how to video below:
Step 6: Monitor your PPG position
Now that you own some shares in PPG, you'll want to keep up with your shares.
Put PPG on a watchlist to keep tabs on your PPG stock.
PPG Feed
How to Buy Stock in Ppg Industries
To summarize, here are the 6 steps to buy stock in Ppg Industries:
- Figure out where to buy Ppg Industries stock
- Create your brokerage account
- Fund your brokerage account
- Evaluate Ppg Industries stock
- Make your PPG trade
- Monitor your PPG position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Ppg Industries, get started below.
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