Reading PPG? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PPG free→Reading PPG? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PPG free→NYSEMaterialsSpecialty ChemicalsSnapshot 2026-06-12
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is neutral, and earnings quality is also neutral, indicating some inconsistency in cash backing reported profits. Management's recent track record has been fairly steady, while risk is moderate and the sector backdrop is a headwind. Peer multiples imply a price about 15% above where it trades (it looks cheap on this basis); the read is fair. Key factors to watch include guidance changes and sector trends, as these could significantly impact PPG's performance. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 8 valuation methods, at three horizons. Current price $119.34. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $119 PPG trades at 16× p/e, below its 20× p/e peer median. Our $144 fair value sits above the price; high confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price sits about 17% below a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
Only weak execution quality — not the full expensive x weak x turbulent stack. Regime (Crisis) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Materials names rated neutral grew net income 56% of the time over the next year (vs 57% for the rest of the cohort, n=1462).
Over the trailing year it converted 1.26x of net income into operating cash flow. Historically, Materials names rated neutral grew net income 52% of the time over the next year (vs 55% for the rest of the cohort, n=1297).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $2.25 → $2.25 (+0.0% / 30d). 6 raised, 7 cut, 17 covering analysts.
0 upgrades, 0 downgrades / 30d, 1 maintained. 43% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$144.
How much price usually moves either way.
On a bad day, this stock has moved -$303.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,569.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-12
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Maintaining EPS guidance shows confidence in future earnings. It affects investor trust and stock performance.
Confirms:Q2 earnings report confirms EPS guidance remains unchanged.
Disproves:Q2 earnings report lowers EPS guidance.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for PPG yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Chief Financial Officer — Jamie A. Beggs (incoming), Vincent J. Morales (outgoing): Vincent J. Morales is retiring and being succeeded by Jamie A. Beggs as CFO.
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks cheaper than most peers in the same business.
Around its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Specialty Chemicals.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
PPG PPG Industries | Above typical Show detailsSector percentile: 90 of 100 | fair | moderate |
SHW Sherwin-Williams | Above typical Show detailsSector percentile: 71 of 100 | full | moderate |
ECL Ecolab | Above typical Show detailsSector percentile: 85 of 100 | expensive | moderate |
LYB LyondellBasell | Typical Show detailsSector percentile: 54 of 100 | — | moderate |
IFF International Flavors & Fragrances | Typical Show detailsSector percentile: 54 of 100 | full | moderate |
3 material management or governance events in the past 24 months, led by executive changes. Historically, Materials names rated neutral grew net income 56% of the time over the next year (vs 54% for the rest of the cohort, n=272).
Not investment advice. As of 2026-06-12.
via XLB
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-12.
Met or beat guidance 0% of the last 1 guided quarters · -0.9% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
PPG aims to maintain its full-year EPS guidance range of $7.70 to $8.10.
PPG targets flat to low single-digit percentage growth in organic sales for the full year.
PPG is undergoing a CFO transition with Jamie A. Beggs succeeding Vincent J. Morales.
Why it matters: Better sales growth shows PPG is getting more market share. Demand is going up.
Confirms:Organic sales growth reported above 5% in the next earnings report.
Disproves:Organic sales growth reported below 2% in the next earnings report.
Why it matters: EPS guidance shows how well PPG expects to make money. A change can impact investor views.
Confirms:PPG confirms EPS guidance remains unchanged in the next earnings report.
Disproves:PPG lowers its EPS guidance in the next earnings report.
Why it matters: A positive shift in sector revenue growth can signal a recovery for PPG and its peers.
Confirms:Sector revenue growth reported above 0% in the next quarterly data.
Disproves:Sector revenue growth remains negative in the next quarterly data.
Why it matters: A smooth CFO change can keep finances stable. It helps build trust with investors.
Confirms one read:Jamie A. Beggs successfully implements new financial strategies within the first quarter.
Confirms the other:CFO transition leads to financial missteps or delays in reporting.
Why it matters: The CFO change is important for financial stability. Good leadership changes can help investors feel better.
Confirms one read:Look for positive news about the CFO change and integration by July 2026.
Confirms the other:Watch for bad news or delays about the CFO change.
shall in no way be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, except if PPG specifically incorporates it by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act.
shall in no way be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, except if the Company specifically incorporates it by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act.
The filing describes the approval of performance-based Market Stock Unit awards to certain executive officers.