The stock of Procter & Gamble Co. (PG) has seen a -2.69% decrease in the past week, with a -3.76% drop in the past month, and a 1.42% flourish in the past quarter. The volatility ratio for the week is 0.92%, and the volatility levels for the past 30 days are at 1.30% for PG. The simple moving average for the past 20 days is -2.89% for PG’s stock, with a 3.75% simple moving average for the past 200 days.
Is It Worth Investing in Procter & Gamble Co. (NYSE: PG) Right Now?
Procter & Gamble Co. (NYSE: PG) has a higher price-to-earnings ratio of 28.06x compared to its average ratio, The 36-month beta value for PG is at 0.41. 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.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for PG is 2.35B, and currently, shorts hold a 0.89% of that float. The average trading volume for PG on October 07, 2024 was 6.89M shares.
PG) stock’s latest price update
Procter & Gamble Co. (NYSE: PG)’s stock price has gone decline by -0.73 in comparison to its previous close of 170.12, however, the company has experienced a -2.69% decrease in its stock price over the last five trading days. seekingalpha.com reported 2024-10-06 that The current condition surrounding Procter & Gamble stock reminds me of the wisdom of buying wonderful businesses at fair prices rather than fair businesses at wonderful prices. The recent stock price pullback offers this wonderful business at a fair price. Besides fair valuation, other positives include consistent EPS growth potential, the effectiveness of the ongoing restricting plan, and margin expansion potential.
Analysts’ Opinion of PG
Many brokerage firms have already submitted their reports for PG stocks, with Barclays repeating the rating for PG by listing it as a “Equal Weight.” The predicted price for PG in the upcoming period, according to Barclays is $163 based on the research report published on September 30, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see PG reach a price target of $174. The rating they have provided for PG stocks is “Neutral” according to the report published on September 24th, 2024.
DZ Bank gave a rating of “Buy” to PG, setting the target price at $190 in the report published on August 29th of the current year.
PG Trading at -1.27% 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 -5.09% of loss for the given period.
Volatility was left at 1.30%, however, over the last 30 days, the volatility rate increased by 0.92%, as shares sank -3.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.19% upper at present.
During the last 5 trading sessions, PG fell by -2.69%, which changed the moving average for the period of 200-days by +15.54% in comparison to the 20-day moving average, which settled at $173.57. In addition, Procter & Gamble Co. saw 15.24% 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 1,678 shares at the price of $170.99 back on Oct 03 ’24. After this action, Keith R. Alexandra now owns 15,775 shares of Procter & Gamble Co., valued at $286,921 using the latest closing price.
Keith R. Alexandra, the CEO – Beauty of Procter & Gamble Co., sale 345 shares at $170.99 during a trade that took place back on Oct 03 ’24, which means that Keith R. Alexandra is holding 3,897 shares at $58,992 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 0.18. The total capital return value is set at 0.22. Equity return is now at value 30.66, with 12.24 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 0.61. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is 18.97.
Currently, EBITDA for the company is 23.09 billion with net debt to EBITDA at 1.04. When we switch over and look at the enterprise to sales, we see a ratio of 5.01. The receivables turnover for the company is 13.74for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
In conclusion, Procter & Gamble Co. (PG) has had a mixed 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.
