With a market cap of $25.4 billion, PPG Industries, Inc. (PPG) is a leading global manufacturer and distributor of paints, coatings, and specialty materials. Operating across the Americas, Asia Pacific, Europe, the Middle East, and Africa, the company serves diverse end markets including industrial, automotive, aerospace, packaging, and residential and commercial construction.
Companies valued at more than $10 billion are generally considered “large-cap” stocks, and PPG Industries fits this criterion perfectly. PPG operates through three main segments - Global Architectural Coatings; Performance Coatings; and Industrial Coatings, offering a wide array of products and services tailored to customer needs worldwide.
Shares of the Pittsburgh, Pennsylvania-based company have declined nearly 20% from its 52-week high of $137.24. Over the past three months, its shares have decreased 1.4%, underperforming the broader Dow Jones Industrials Average's ($DOWI) 3.9% rise during the same period.
Longer term, PPG stock is down 8.1% on a YTD basis, lagging behind DOWI's 1% return. Moreover, shares of the paint and coatings maker have dipped 15.4% over the past 52 weeks, compared to DOWI’s nearly 11% increase over the same time frame.
The stock has been in a bearish trend, consistently trading below its 200-day moving average since last year. However, it has climbed above its 50-day moving average since early May.
Shares in PPG climbed 4.9% following its Q1 2025 earnings release on Apr. 29 as the company reported adjusted EPS of $1.72 and revenue of $3.7 billion, surpassing forecasts. Investors were further encouraged as management reaffirmed full-year adjusted EPS guidance of $7.75 - $8.05. Strong volume growth of 6% in the performance coatings segment, particularly in aerospace and automotive refinish, offset declines of 3% and 1% in the global architectural and industrial coatings segments.
Nevertheless, PPG stock has performed weaker than its rival, The Sherwin-Williams Company (SHW). SHW stock has returned 3.3% YTD and 16.8% over the past 52 weeks.
Despite the stock’s underperformance, analysts remain moderately optimistic about its prospects. The stock has a consensus rating of “Moderate Buy” from 25 analysts in coverage, and as of writing, PPG is trading below the mean price target of $127.95.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
