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A Detailed Analysis Of The Procter & Gamble Company (PG)

The Procter & Gamble Company (NYSE:PG) has a beta value of 0.42 and has seen 6.81 million shares traded in the last trading session. The company, currently valued at $334.78B, closed the last trade at $141.82 per share which meant it gained $0.77 on the day or 0.55% during that session. The PG stock price is -16.33% off its 52-week high price of $164.98 and 13.85% above the 52-week low of $122.18. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.13 million shares traded. The 3-month trading volume is 6.72 million shares.

The consensus among analysts is that The Procter & Gamble Company (PG) is an Overweight stock at the moment, with a recommendation rating of 2.40. 0 analysts rate the stock as a Sell, while 4 rate it as Overweight. 11 out of 27 have rated it as a Hold, with 11 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is $1.58.

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The Procter & Gamble Company (NYSE:PG) trade information

Sporting 0.55% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 01/24/23 when the PG stock price touched $141.82 or saw a rise of 5.41%. Year-to-date, The Procter & Gamble Company shares have moved -6.43%, while the 5-day performance has seen it change -5.73%. Over the past 30 days, the shares of The Procter & Gamble Company (NYSE:PG) have changed -6.60%. Short interest in the company has seen 12.35 million shares shorted with days to cover at 1.81.

Wall Street analysts have a consensus price target for the stock at $155.78, which means that the shares’ value could jump 8.96% from current levels. The projected low price target is $140.00 while the price target rests at a high of $170.00. In that case, then, we find that the current price level is -19.87% off the targeted high while a plunge would see the stock lose 1.28% from current levels.

The Procter & Gamble Company (PG) estimates and forecasts

Figures show that The Procter & Gamble Company shares have outperformed across the wider relevant industry. The company’s shares have lost -1.51% over the past 6 months, with this year growth rate of 0.52%, compared to -5.40% for the industry. Other than that, the company has, however, increased its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are -4.80% and 1.50% for the next quarter. Revenue growth from the last financial year stood is estimated to be -0.70%.

13 analysts offering their estimates for the company have set an average revenue estimate of $20.58 billion for the current quarter. 13 have an estimated revenue figure of $18.88 billion for the next quarter concluding in Mar 2023.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 9.50% over the past 5 years. Earnings growth for 2023 is a modest 5.60% while over the next 5 years, the company’s earnings are expected to increase by 5.07%.

PG Dividends

The Procter & Gamble Company is expected to release its next earnings report on April 20 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 3.65 at a share yield of 2.58%. The company’s dividend yield has gone up over the past 12 months.

The Procter & Gamble Company (NYSE:PG)’s Major holders

Insiders own 0.12% of the company shares, while shares held by institutions stand at 66.25% with a share float percentage of 66.33%. Investors are also buoyed by the number of investors in a company, with The Procter & Gamble Company having a total of 4,008 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 222.37 million shares worth more than $31.98 billion. As of Jun 29, 2022, Vanguard Group, Inc. (The) held 9.32% of shares outstanding.

The other major institutional holder is Blackrock Inc., with the holding of over 161.38 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $23.21 billion and represent 6.77% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Jun 29, 2022, the former fund manager holds about 2.96% shares in the company for having 70.66 million shares of worth $10.16 billion while later fund manager owns 53.11 million shares of worth $7.64 billion as of Jun 29, 2022, which makes it owner of about 2.23% of company’s outstanding stock.

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