PPGs 176.79 Volume Surge Ranks 162nd as Shares Slide 5.33 Despite 4.2B Revenue Beat

PPG (PPG) traded 0.70B in volume on July 30, 2025, a 176.79% surge from the prior day, ranking 162nd in the market. The stock closed down 5.33% despite Q2 revenue of $4.2B, exceeding estimates by $40M. Earnings per share (EPS) at $2.22 narrowly missed forecasts of $2.23, contributing to premarket losses of 3.77%. Aerospace and protective coatings segments drove growth, while tepid European demand and soft Asian markets weighed on sentiment. The company reaffirmed full-year EPS guidance of $7.75–$8.50, citing mid-single-digit Q3 growth and low-double-digit Q4 gains.

CEO Tim Kaniewicz highlighted strategic focus on technology-driven products, with aerospace coatings and marine solutions as key growth engines. CFO Vince Morales noted confidence in returning to normal incremental margins in 2025’s back half. Share repurchases totaled $150M in Q2, with $540M year-to-date, and the dividend increased 4%. Risks include raw material inflation, currency fluctuations, and underperforming automotive refinish volumes, though industrial coatings showed resilience through share gains.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to July 30, 2025, outperforming the benchmark by 137.53%. With a 31.89% CAGR, this approach underscores the efficacy of volume-driven short-term positioning in capitalizing on market liquidity and sentiment.