Market Insight: Procter & Gamble Co. (PG)’s Notable Gain, Closing at 168.80

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In the latest session, Procter & Gamble Co. (NYSE: PG) closed at $168.80 up 0.90% from its previous closing price of $167.29. In other words, the price has increased by $0.90 from its previous closing price. On the day, 5.47 million shares were traded. PG stock price reached its highest trading level at $169.46 during the session, while it also had its lowest trading level at $165.82.

Ratios:

For a deeper understanding of Procter & Gamble Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 41.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.52.

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, Jefferies on July 24, 2024, Downgraded its rating to Hold and sets its target price to $175 from $182 previously.

On July 23, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $189.

On June 24, 2024, Exane BNP Paribas started tracking the stock assigning a Outperform rating and target price of $187.Exane BNP Paribas initiated its Outperform rating on June 24, 2024, with a $187 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 09 ’24 when Moeller Jon R sold 72,174 shares for $171.01 per share. The transaction valued at 12,342,440 led to the insider holds 263,158 shares of the business.

Keith R. Alexandra sold 4,163 shares of PG for $712,071 on Aug 08 ’24. The CEO – Beauty now owns 17,350 shares after completing the transaction at $171.05 per share. On Aug 08 ’24, another insider, Coombe Gary A, who serves as the CEO – Grooming of the company, sold 50,000 shares for $171.04 each. As a result, the insider received 8,552,210 and left with 36,908 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 397363642368 and an Enterprise Value of 422676791296. As of this moment, Procter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.04, and their Forward P/E ratio for the next fiscal year is 22.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.73 while its Price-to-Book (P/B) ratio in mrq is 8.04. Its current Enterprise Value per Revenue stands at 5.03 whereas that against EBITDA is 17.727.

Stock Price History:

Over the past 52 weeks, PG has reached a high of $171.72, while it has fallen to a 52-week low of $141.45. The 50-Day Moving Average of the stock is 1.13%, while the 200-Day Moving Average is calculated to be 6.37%.

Shares Statistics:

For the past three months, PG has traded an average of 6.46M shares per day and 7882980 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 69.37% stake in the company. Shares short for PG as of 1722384000 were 19921249 with a Short Ratio of 3.08, compared to 1719532800 on 20104125. Therefore, it implies a Short% of Shares Outstanding of 19921249 and a Short% of Float of 0.8500000000000001.

Dividends & Splits

According to the company, the forward annual dividend rate for PG is 3.89, from 3.829 in the trailing year. Against a Trailing Annual Dividend Yield of 0.022888398The stock’s 5-year Average Dividend Yield is 2.41.

Earnings Estimates

The current assessment of Procter & Gamble Co. (PG) involves the perspectives of 19.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $1.95, with high estimates of $2.02 and low estimates of $1.88.

Analysts are recommending an EPS of between $7.03 and $6.87 for the fiscal current year, implying an average EPS of $6.97. EPS for the following year is $7.45, with 22.0 analysts recommending between $7.67 and $7.26.

Revenue Estimates

A total of 14 analysts believe the company’s revenue will be $22B this quarter.It ranges from a high estimate of $22.19B to a low estimate of $21.86B. As of the current estimate, Procter & Gamble Co.’s year-ago sales were $19.78BFor the next quarter, 14 analysts are estimating revenue of $21.9B. There is a high estimate of $22.03B for the next quarter, whereas the lowest estimate is $21.74B.

A total of 21 analysts have provided revenue estimates for PG’s current fiscal year. The highest revenue estimate was $86.68B, while the lowest revenue estimate was $85.64B, resulting in an average revenue estimate of $86.18B. In the same quarter a year ago, actual revenue was $84.04BBased on 21 analysts’ estimates, the company’s revenue will be $89.53B in the next fiscal year. The high estimate is $90.89B and the low estimate is $88.45B.

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