PPG Industries Inc (LTS:0KEI)
$ 121.11 -1.52 (-1.25%) Market Cap: 28.07 Bil Enterprise Value: 34.20 Bil PE Ratio: 18.80 PB Ratio: 3.54 GF Score: 79/100

PPG Industries Inc at Wells Fargo Industrials Conference (Virtual) Transcript

May 05, 2021 / 06:00PM GMT
Release Date Price: $178.7 (+1.96%)
Operator

Before we get started, if you are a member of the press or media, please disconnect at this time. This is a restricted line. Any unauthorized party in this meeting or any unauthorized use of the information communicated in this meeting is subject to prosecution to the fullest extent of the law. Any unauthorized person, including the media who is on the line at this time, please disconnect.

Michael Joseph Sison
Wells Fargo Securities, LLC, Research Division - MD & Senior Equity Analyst

Good afternoon, everyone. Cheers from Cleveland, the home of the pending Super Bowl champs, the Cleveland Browns, which I'm sure my buddies at PPG would love to comment. This is Mike Sison. I cover chemicals for Wells Fargo.

With that said, I want to introduce PPG Industries. They are having a very strong 2021. Their stock is up 24% year-to-date versus the S&P of 12%. They've generated an impressive 7% volume growth in Q1 with another 2% in pricing to generate 44% EPS growth year-over-year. We saw a strong recovery in both segments, Performance Coatings and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot