We've uncovered the 7 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them.
To own PPG Industries, you need to believe in its ability to convert a broad coatings portfolio into steady earnings and dividends, while managing cyclical end markets like autos and construction. The latest US$0.03 dividend increase and the launch of PPG AEROVIEW do not materially change the near term focus on upcoming earnings, nor the key risk that weaker industrial production could weigh on volumes and margins.
Among the recent announcements, the PPG AEROVIEW virtual aircraft painter stands out because it directly supports the aerospace coatings business, an area tied to industrial and travel demand. By making it easier for aviation customers to design, preview and manage liveries online, PPG may strengthen relationships in a segment that can help offset pressure from softer automotive or architectural activity if those markets stay under strain.
But even with these product advances, investors should be aware that weaker automotive production in the U.S. and Europe could still...
Read the full narrative on PPG Industries (it's free!)
PPG Industries' narrative projects $17.8 billion revenue and $1.9 billion earnings by 2029. This requires 3.3% yearly revenue growth and an earnings increase of about $0.3 billion from $1.6 billion today.
Uncover how PPG Industries' forecasts yield a $125.50 fair value, a 7% upside to its current price.
Two fair value estimates from the Simply Wall St Community span roughly US$125 to about US$185, showing how differently individual investors assess PPG’s prospects. When you weigh those views against the risk that softer automotive production could pressure industrial coatings volumes, it underlines why reviewing several independent takes on PPG’s outlook can be helpful.
Explore 2 other fair value estimates on PPG Industries - why the stock might be worth as much as 57% more than the current price!
Don't just follow the ticker - dig into the data and build a conviction that's truly your own.
Every day counts. These free picks are already gaining attention. See them before the crowd does:
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com