The price-to-earnings ratio for Procter & Gamble Co. (NYSE: PG) is 26.14x, which is above its average ratio. Moreover, the 36-month beta value for PG is 0.44. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 6 as “overweight,” 10 as “hold,” and 2 as “sell.”
The public float for PG is 2.35B and currently, short sellers hold a 0.82% of that float. On April 08, 2024, PG’s average trading volume was 6.91M shares.
PG) stock’s latest price update
Procter & Gamble Co. (NYSE: PG)’s stock price has increased by 0.42 compared to its previous closing price of 155.45. However, the company has seen a -3.79% decrease in its stock price over the last five trading sessions. 24/7 Wall Street reported 2024-04-07 that Investors love dividend stocks, especially the ultra-yield variety because they provide a significant income stream and give investors a great opportunity for massive total returns. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or a portfolio consists of income and stock appreciation.
PG’s Market Performance
Procter & Gamble Co. (PG) has seen a -3.79% fall in stock performance for the week, with a -2.17% decline in the past month and a 5.01% surge in the past quarter. The volatility ratio for the week is 1.61%, and the volatility levels for the past 30 days are at 1.07% for PG. The simple moving average for the past 20 days is -2.94% for PG’s stock, with a 2.36% simple moving average for the past 200 days.
Analysts’ Opinion of PG
Many brokerage firms have already submitted their reports for PG stocks, with Truist repeating the rating for PG by listing it as a “Buy.” The predicted price for PG in the upcoming period, according to Truist is $175 based on the research report published on March 11, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see PG reach a price target of $168. The rating they have provided for PG stocks is “Neutral” according to the report published on March 01st, 2024.
Jefferies gave a rating of “Buy” to PG, setting the target price at $177 in the report published on November 13th of the previous year.
PG Trading at -1.96% from the 50-Day Moving Average
After a stumble in the market that brought PG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.32% of loss for the given period.
Volatility was left at 1.07%, however, over the last 30 days, the volatility rate increased by 1.61%, as shares sank -2.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.62% upper at present.
During the last 5 trading sessions, PG fell by -3.79%, which changed the moving average for the period of 200-days by +5.36% in comparison to the 20-day moving average, which settled at $160.60. In addition, Procter & Gamble Co. saw 6.52% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PG starting from Keith R. Alexandra, who sale 776 shares at the price of $158.11 back on Mar 04 ’24. After this action, Keith R. Alexandra now owns 4,859 shares of Procter & Gamble Co., valued at $122,693 using the latest closing price.
Coombe Gary A, the CEO – Grooming of Procter & Gamble Co., sale 22,000 shares at $161.32 during a trade that took place back on Feb 23 ’24, which means that Coombe Gary A is holding 36,845 shares at $3,549,104 based on the most recent closing price.
Stock Fundamentals for PG
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.5 for the gross margin
The net margin for Procter & Gamble Co. stands at 0.18. The total capital return value is set at 0.23. Equity return is now at value 31.77, with 12.39 for asset returns.
Based on Procter & Gamble Co. (PG), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.53. The debt to equity ratio resting at 0.69. The interest coverage ratio of the stock is 18.93.
Currently, EBITDA for the company is 21.82 billion with net debt to EBITDA at 1.1. When we switch over and look at the enterprise to sales, we see a ratio of 4.68. The receivables turnover for the company is 13.25for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.64.
Conclusion
To wrap up, the performance of Procter & Gamble Co. (PG) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
