The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Procter & Gamble Co (NYSE: PG) closed at $160.60 down -2.74% from its previous closing price of $165.13. In other words, the price has decreased by -$2.74 from its previous closing price. On the day, 8.73 million shares were traded. PG stock price reached its highest trading level at $163.5 during the session, while it also had its lowest trading level at $160.44.
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 30.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.74. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.50.
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, DA Davidson on November 25, 2024, Upgraded its rating to Buy and sets its target price to $209 from $160 previously.
On October 10, 2024, DA Davidson started tracking the stock assigning a Neutral rating and target price of $159.
Barclays Downgraded its Overweight to Equal Weight on September 30, 2024, while the target price for the stock was maintained at $163.
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 Nov 27 ’24 when Coombe Gary A sold 47,847 shares for $179.84 per share. The transaction valued at 8,604,685 led to the insider holds 39,977 shares of the business.
Purushothaman Balaji sold 12,800 shares of PG for $2,210,972 on Nov 21 ’24. The Chief Human Resources Officer now owns 11,595 shares after completing the transaction at $172.73 per share. On Nov 22 ’24, another insider, Coombe Gary A, who serves as the Officer of the company, bought 47,847 shares for $170.29 each.
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 388888100864 and an Enterprise Value of 403307692032. As of this moment, Procter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.70, and their Forward P/E ratio for the next fiscal year is 21.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.48 while its Price-to-Book (P/B) ratio in mrq is 7.41. Its current Enterprise Value per Revenue stands at 4.807 whereas that against EBITDA is 16.777.
Stock Price History:
The Beta on a monthly basis for PG is 0.45, which has changed by 0.10602808 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, PG has reached a high of $180.43, while it has fallen to a 52-week low of $146.28. The 50-Day Moving Average of the stock is -5.44%, while the 200-Day Moving Average is calculated to be -4.19%.
Shares Statistics:
For the past three months, PG has traded an average of 6.72M shares per day and 6699690 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 68.68% stake in the company. Shares short for PG as of 1734048000 were 17762347 with a Short Ratio of 2.64, compared to 1731628800 on 17634134. Therefore, it implies a Short% of Shares Outstanding of 17762347 and a Short% of Float of 0.75.
Dividends & Splits
According to the company, the forward annual dividend rate for PG is 3.96, from 3.894 in the trailing year. Against a Trailing Annual Dividend Yield of 0.023581421The stock’s 5-year Average Dividend Yield is 2.41. The current Payout Ratio is 63.61% for PG, which recently paid a dividend on 2024-10-18 with an ex-dividend date of 1729209600. Stock splits for the company last occurred on 2004-06-21 when the company split stock in a 2:1 ratio.