PPG Industries faced a range of dynamic events recently. Despite
Zacks Research cut in earnings estimates, the firm made a significant investment of
$380M in a new
aerospace coatings manufacturing plant. Q1 2025 Earnings Call spotlighted navigating through
currency challenges. It appears several investments advisers have adjusted their positions in PPG shares with some cutting and others acquiring stakes. PPG's
Q1 earnings and revenues bested estimates. The
Deutsche Ban raised the price target to
$140 while the CEO expressed the company's readiness to handle tariff uncertainties. Financial results of Q1 2025 indicated mixed results amidst growth and challenges. PPG engages in a digital transformation in the paint manufacturing industry and plans to construct another manufacturing facility worth
$380M in Shelby, NC. Several price target adjustments and stock adjustments were made by different finance firms. Despite
Q4 2024 earnings and sales missing the mark, Deutsche Bank boosted the PPG price target. PPG Industries is ready to invest
$380M in another aerospace coatings and sealants facility and has reaffirmed a 2025 EPS outlook range of
$7.75-$8.05.
Ppg Industries PPG News Analytics from Thu, 24 Oct 2024 07:00:00 GMT to Sat, 17 May 2025 17:21:20 GMT -
Rating 7
- Innovation 5
- Information 6
- Rumor -2
