Procter & Gamble Co. (NYSE: PG) has a higher price-to-earnings ratio of 25.86x compared to its average ratio, The 36-month beta value for PG is at 0.43. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 6 rating it as “overweight,” 10 as “hold,” and 2 as “sell.”
The public float for PG is 2.35B, and currently, shorts hold a 0.72% of that float. The average trading volume for PG on April 22, 2024 was 6.78M shares.
PG) stock’s latest price update
The stock of Procter & Gamble Co. (NYSE: PG) has increased by 0.54 when compared to last closing price of 157.29.Despite this, the company has seen a gain of 1.81% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-20 that Volatility in the stock market is normal and healthy, with average yearly gains of 22% in positive years and average peak intra-year declines of -14%. Dividend aristocrats, which have lower volatility than the overall market, can be a good investment during market downturns. The ten lowest-volatility aristocrats offer a 3.1% average yield, a 50-year dividend growth streak, and an A-credit rating. Since 2007, they have fallen 50% less than the S&P during bear markets.
PG’s Market Performance
PG’s stock has risen by 1.81% in the past week, with a monthly drop of -2.38% and a quarterly rise of 7.16%. The volatility ratio for the week is 1.35% while the volatility levels for the last 30 days are 1.16% for Procter & Gamble Co. The simple moving average for the last 20 days is -0.06% for PG’s stock, with a simple moving average of 3.48% for the last 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 -0.60% 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 -3.06% of loss for the given period.
Volatility was left at 1.16%, however, over the last 30 days, the volatility rate increased by 1.35%, as shares sank -2.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.62% lower at present.
During the last 5 trading sessions, PG rose by +1.81%, which changed the moving average for the period of 200-days by +3.88% in comparison to the 20-day moving average, which settled at $158.05. In addition, Procter & Gamble Co. saw 7.92% 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
- 0.51 for the gross margin
The net margin for Procter & Gamble Co. stands at 0.14. The total capital return value is set at 0.23. Equity return is now at value 31.78, with 12.63 for asset returns.
Based on Procter & Gamble Co. (PG), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 33.71.
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 4.73. The receivables turnover for the company is 13.73for 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 0.69.
Conclusion
In conclusion, Procter & Gamble Co. (PG) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
