(NYSE:PPG) had an excellent day at the stock market, with its price going up by -0.42%, to 100.78. The company reported $1.56 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $1.56.
If we glance over stock price target, the analysts were fairly in stock's favor assigning high price target of 120 and average price target of 109.10.
Yesterday PPG Industries (NYSE:PPG) traded -3.62% lower at $106.83.
Hawaiian Airlines flight diverted after fight over cost of blanket
He was allowed to book another flight to his destination. "I'm going to call the president", Enriques said. But not all passengers agreed with the airline's decision.
Private Advisory Group LLC Buys New Stake in General Electric Company (GE)
Tracking shares of Portland General Electric Company (NYSE:POR), the company has a current EV (Enterprise Value) of 6342828. Inc. now owns 1,728 shares of the company's stock worth $111,000 after buying an additional 6 shares during the period.
Hewlett Packard Enterprise to Buy Nimble for $1 Billion
The institutional investor owned 216,694 shares of the company's stock after buying an additional 4,590 shares during the period. Stock exchanged hands with the total volume of 2.01 Million shares, as contrast to its average volume of 2.79 Million shares.
The liquidity measure in recent quarter results of the company was recorded 1.50 as current ratio, on the other side the debt to equity ratio was 0.01.92, and long-term debt to equity ratio remained 0.01.92. Cornerstone Advisors Inc. now owns 1,047 shares of the company's stock valued at $108,000 after buying an additional 958 shares during the last quarter. During the same period previous year, the company posted $1.16 EPS. The Company has gross margin of 45.30% and profit margin was positive 5.90% in trailing twelve months.
The dividend yield for the company is hovering around 1.59% while the pay out ratio is now at 47.10%. RBC Capital Markets reaffirmed a "hold" rating and set a $101.00 price target on shares of PPG Industries in a research report on Wednesday, January 4th. Six analysts rating the company a strong buy, eleven analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $124.33. The firm's quarterly revenue was down 5.3% compared to the same quarter previous year. Its Performance Coatings segment has a portfolio, which includes paints and coatings for ships, yachts, cars, trucks and buses, industrial installations, structural steel, architectural components, beverage cans, furniture, aircraft, mobile devices and flooring.