PPG Industries, Inc. is a Pittsburgh-based company valued at $22.7 billion, manufacturing paints, coatings, glass products, and chemicals. Despite its large-cap status, PPG stock has slipped 22.3% from its 52-week high. In the long term, shares have fallen 9.2% over six months and 19.5% over a year, underperforming the Materials Select Sector SPDR Fund.

PPG reported Q3 results, with shares closing down 5.9%. Adjusted EPS of $2.13 beat expectations, with revenue at $4.1 billion, above forecasts. Full-year adjusted EPS is expected between $7.60 to $7.70. Sherwin-Williams leads over PPG in specialty chemicals. Wall Street analysts are moderately bullish on PPG, with a consensus “Moderate Buy” rating and a mean price target of $120, suggesting an 18.8% upside potential.

Read more at Yahoo Finance: How Is PPG Industries’ Stock Performance Compared to Other Materials Stocks?