In the latest trading session, 1.84 million Procter & Gamble Co. (NYSE:PG) shares changed hands as the company’s beta touched 0.42. With the company’s most recent per share price at $165.36 changing hands around $0.92 or 0.56% at last look, the market valuation stands at $390.26B. PG’s last price was a premium, traded about 0.23% off its 52-week high of $164.98. The share price had its 52-week low at $141.45, which suggests the last value was 14.46% up since then. When we look at Procter & Gamble Co.’s average trading volume, we note the 3-month average coming to 6.30 million.
Procter & Gamble Co. (NYSE:PG) trade information
Instantly PG is in green as seen in intraday trades today. With action 1.32%, the performance over the past five days has been green. The jump to weekly highs of 166.04 added 0.56% to the stock’s daily price. The company’s shares are showing year-to-date upside of 12.84%, with the 5-day performance at 1.32% in the green. However, in the 30-day time frame, Procter & Gamble Co. (NYSE:PG) is 5.97% up.
Procter & Gamble Co. (PG) estimates and forecasts
Data shows that the Procter & Gamble Co. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 10.19% over the past 6 months, a 11.02% in annual growth rate that is considerably higher than the industry average of 7.80%. Year-over-year growth is forecast to reach -4.40% down from the last financial year.
Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 19.34B. 11 analysts are of the opinion that Procter & Gamble Co.’s revenue for the current quarter will be 20.84B. The company’s revenue for the corresponding quarters a year ago was 20.55B and 19.78B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -5.90%. The estimates for the next quarter sales put growth at 5.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 9.96%. The 2024 estimates are for Procter & Gamble Co. earnings to increase by 10.78%, but the outlook for the next 5-year period is at 7.93% per year.
PG Dividends
Procter & Gamble Co. is expected to release its next quarterly earnings report in June. The 2.32% annual yield figure for the share gives it an annual dividend of 3.83. It is important to note, however, that the 2.32% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
