Stock Market Watch

PPG Industries: Revenues rose 11.2% year on year

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PPG Industries, Inc. (NYSE:PPG). Last Market Price: 78.77, Change: -0.07, % Change: (-0.09%). Shares trade in the range of 78.29 – 80.17 dollars. It has a market capitalization of 12.41B dollars, making it a Large Cap Stock and has 157.52M outstanding shares. The company has a beta of 1.26, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 6.35; P/E of 12.4. It operates in Basic Materials sector and belongs to Chemical Manufacturing industry. Percentage shares held by institutional investors is 77%. The company has a 52 week high of $ 97.81 and a 52 week low of $ 66.43. Average volumes of shares traded daily are 1,610,000. Volume traded in the last session was at 365,190, 0.23 times the average volume.

  • Reports Q3 (Sep)
    • EPS of $1.96 better than the market estimates
    • Revenues rose 11.2% year on year to $3.85 billion

For Q2 (Jun ’11), It had a Net profit margin of 9.33%, an Operating margin of 12.54%. Other Key stats and ratios are : Return on average assets of 9.83%, Return on average equity of 34.88%. The organization has an employee strength of 38,300

Consensus Recommendation is a Outperform.


Estimate for sales for the Year Ending Dec-11 show a mean of 14,957.40 million dollars, an estimate high of 15,203.00 million dollars and an estimate low of 14,358.00 million dollars. A year ago the figures stood at 13,796.40 million dollars.

Estimate for sales for the Year Ending Dec-12 show a mean of 15,503.20 million dollars, an estimate high of 16,080.50 million dollars and an estimate low of 14,868.00 million dollars. A year ago the figures stood at 14,205.40 million dollars.

Estimate for EPS for the Year Ending Dec-11 show a mean of 6.83 dollars, an estimate high of 7.00 dollars and an estimate low of 6.15 dollars. A year ago the figures stood at 5.34 dollars.

Estimate for EPS for the Year Ending Dec-12 show a mean of 7.09 dollars, an estimate high of 7.80 dollars and an estimate low of 6.15 dollars. A year ago the figures stood at 5.83 dollars.

Sales for Quarter Ending Jun-11 was estimated at 3,800.49 million dollars, however the actual sales figure stood at 3,986.00 million dollars, 185.51 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 3,403.78 million dollars, however the actual sales figure stood at 3,533.00 million dollars, 129.22 million dollars more than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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