PPG Industries, Inc. (NYSE:PPG)went up 0.58% during trading on the US exchange where it had a trading capacity of 1.41M shares. The company’s shares were closed at $102.68 . The stock has an operating margin of 5.70% and a net profit margin of 5.90% This appreciation has taken its price 15.49% above the 52-week low. The stock hit 1-yearhigh at $115.17 and a low of $88.91 in the same period.

PPG Industries, Inc. (NYSE:PPG) Earnings Recap & Outlook

PPG Industries, Inc. (NYSE:PPG) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $1.19 The reported earnings per share topped the analyst’s consensus by $0.01 with the percentage difference between estimated and actual earnings arriving at 0.80%. Price changes resulting from an earnings surprise can be felt immediately. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. The mean revenue estimate for the current fiscal period ending March 2017 is $3.53B by 16 brokerage firms. The average revenue estimate for the year ending December 2017 is $14.91B by 20 analysts.

PPG Industries, Inc. (NYSE:PPG) Flood of Opinions

PPG Industries, Inc. (NYSE:PPG) right now sits at consensus rating of 2.20 while 10 analysts have advocated the shares as ‘BUY’, 5 calls it an ‘OUTPERFORM’ and 8 suggest ‘HOLD’. The mean PT for this stock is at $111.10 while the max. level suggested by the brokerage firms is $122.00 and min. PT is $100.00. The mean PT is calculated considering the consensus of 20 analysts.

Microchip Technology Incorporated (NASDAQ:MCHP) went up 0.74% during trading on the US exchange when it had traded 1.39M shares. The company’s shares were closed at 74.50. The stock has a quick ratio of 1.90 and a current ratio of 2.60. This appreciation has taken its price 62.42% above the 52-week low. The stock hit 1-yearhigh at $76.12 and a low of $45.87 in the same period.

Microchip Technology Incorporated (NASDAQ:MCHP) Analyst’s Consensus Price Estimates

It is widely believed that the more practical proxy for the market’s expectations is analyst’s consensus price estimates. The mean PT for this stock is at $83.76 while the max. level suggested by the brokerage firms is $100.00 and min. PT is $65.00. The mean PT is calculated considering the consensus of 17 analysts. MCHP right now sits at consensus rating of 2.00 while 5 analysts have advocated the shares as ‘BUY’, 6 calls it an ‘OUTPERFORM’ and 6 suggest ‘HOLD’.

Microchip Technology Incorporated (NASDAQ:MCHP): Past & Future Earnings

The mean revenue estimate for the current fiscal period ending March 2017 is $890.74M by 14 brokerage firms. The average revenue estimate for the year ending March 2017 is $3.48B by 18 analysts. Wall Street is forward looking. Therefore, stock prices are sometime established based on the expectations that prospective investors have for the future earnings power of the firm. In a similar way, Microchip Technology Incorporated (NASDAQ:MCHP) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $1.05. The reported earnings per share topped the analyst’s consensus by $0.19 with the percentage difference between estimated and actual earnings arriving at 22.10%.