Stock Pulse
PPG Industries (PPG) saw a 12.5% stock surge due to a pause in reciprocal tariffs, positively impacting the materials sector [1], [3]. Despite projected declines in upcoming quarterly earnings, upward revisions to its consensus EPS estimate suggest potential near-term price appreciation [1]. PPG is focused on strategic initiatives, including joining the Make it Zero initiative to reduce emissions [2], divesting non-core businesses to improve its EBITDA margin [10], and opening a new automotive coatings plant in Thailand to target growth in Southeast Asia [8], [10]. While global economic uncertainties and potential US tariffs pose risks [2], [10], PPG's commitment to innovation, recognized by its ranking on Fortune's Most Innovative Companies list [9], and a DCF valuation suggesting undervaluation [6] offer potential upside. PPG will announce Q1 2025 results on April 29th [5].