Consensus estimates for Procter & Gamble Co. (PG) stock’s next quarter

As of close of business last night, Procter & Gamble Co.’s stock clocked out at $156.15, down -2.75% from its previous closing price of $160.57. In other words, the price has decreased by -$4.42 from its previous closing price. On the day, 9596668 shares were traded.

Ratios:

To gain a deeper understanding of PG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.90. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.64. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.48.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on March 11, 2024, Upgraded its rating to Buy and sets its target price to $175 from $160 previously.

On November 13, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $177.Jefferies initiated its Buy rating on November 13, 2023, with a $177 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when Keith R. Alexandra sold 776 shares for $158.11 per share. The transaction valued at 122,693 led to the insider holds 4,859 shares of the business.

Coombe Gary A sold 22,000 shares of PG for $3,549,104 on Feb 23 ’24. The CEO – Grooming now owns 36,845 shares after completing the transaction at $161.32 per share. On Feb 23 ’24, another insider, Francisco Ma. Fatima, who serves as the CEO – Baby, Fem & Family Care of the company, sold 20,323 shares for $161.00 each. As a result, the insider received 3,272,003 and left with 979 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PG now has a Market Capitalization of 377.82B and an Enterprise Value of 404.46B. As of this moment, Procter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.15, and their Forward P/E ratio for the next fiscal year is 22.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.38 while its Price-to-Book (P/B) ratio in mrq is 7.70. Its current Enterprise Value per Revenue stands at 4.82 whereas that against EBITDA is 17.92.

Stock Price History:

Over the past 52 weeks, PG has reached a high of $163.14, while it has fallen to a 52-week low of $141.45. The 50-Day Moving Average of the stock is 159.46, while the 200-Day Moving Average is calculated to be 152.60.

Shares Statistics:

It appears that PG traded 6.89M shares on average per day over the past three months and 6.74M shares per day over the past ten days. A total of 2.36B shares are outstanding, with a floating share count of 2.35B. Insiders hold about 0.06% of the company’s shares, while institutions hold 68.44% stake in the company. Shares short for PG as of Mar 15, 2024 were 19.36M with a Short Ratio of 2.81, compared to 17.39M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.82% and a Short% of Float of 0.82%.

Dividends & Splits

With its trailing 12-month dividend rate of 3.73, PG has a forward annual dividend rate of 3.76. Against a Trailing Annual Dividend Yield of 2.33%, it implies a Forward Annual Dividend Yield of 2.34%. The stock’s 5-year Average Dividend Yield is 2.43. The current Payout Ratio is 62.39% for PG, which recently paid a dividend on Feb 15, 2024 with an ex-dividend date of Jan 18, 2024. Stock splits for the company last occurred on Jun 21, 2004 when the company split stock in a 2:1 ratio.

Earnings Estimates

As of right now, 17 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.41 for the current quarter, with a high estimate of $1.44 and a low estimate of $1.39, while EPS last year was $1.37. The consensus estimate for the next quarter is $1.37, with high estimates of $1.42 and low estimates of $1.32.

Analysts are recommending an EPS of between $6.53 and $6.39 for the fiscal current year, implying an average EPS of $6.45. EPS for the following year is $6.96, with 22 analysts recommending between $7.24 and $6.7.

Revenue Estimates

A total of 22 analysts have provided revenue estimates for PG’s current fiscal year. The highest revenue estimate was $85.17B, while the lowest revenue estimate was $84.34B, resulting in an average revenue estimate of $84.78B. In the same quarter a year ago, actual revenue was $82.01B, up 3.40% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $88.08B in the next fiscal year. The high estimate is $90B and the low estimate is $86.76B. The average revenue growth estimate for next year is up 3.90% from the average revenue estimate for this year.

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