As of Thursday close, The Procter & Gamble Company’s (NYSE:PG) stock was down -$1.1, moving down -0.72 percent to $152.11. The average number of shares traded per day over the past five days has been 5,571,460 shares. 2 times new highs have been achieved over the past 5 days, with a -$4.00 fall in that time frame. In the last twenty days, the average volume was 6,002,810, while in the previous 50 days, it was 6,255,282.
Since last month, PG stock rose 1.21%. Shares of the company fell to $148.14 on 07/20/23, the lowest level in the past month. A 52-week high of $158.38 was reached on 08/10/23 after having rallying from a 52-week low of $122.18. Since the beginning of this year, PG’s stock price has risen by 0.36% or $0.55, and marked a new high 6 times. However, the stock has declined by -3.96% since its 52-week high.
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PG stock investors should be aware that The Procter & Gamble Company (PG) stock had its last reported insider trading activity 9 days ago on Aug 09. Francisco Ma. Fatima, the CEO – Baby, Fem & Family Care of the company, disposed of 30,000 shares for $158.01 on Aug 09. It resulted in a $4,740,363 divestment by the insider. Purushothaman Balaji sold 12,629 shares at an average price of $157.19 on Aug 03. The insider now owns 13,051 shares following the transaction. On Aug 01, SVP – Chief Accounting Officer Janzaruk Matthew W. sold 33,022 shares at $156.26 apiece. The transaction was valued at $5,160,018.
Valuation Metrics
Right now, The Procter & Gamble Company (PG) has a P/E ratio of about 25.79. The stock’s beta is 0.41. Besides these, the trailing price-to-sales (P/S) ratio of 4.35, the price-to-book (PB) ratio of 7.82, and the price-to-cash flow ratio of 25.86 may also be considered.
The latest dividend of $0.9407 per share was paid out, remained unchanged from last year’s $0.9407. On Tuesday April 11 2023, a $0.0274 dividend increase was announced.
Financial Health
In the recent quarter, The Procter & Gamble Company’s quick ratio stood at 0.40, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.53, and the total debt-to-equity ratio was 0.75. On the profitability front, the trailing twelve-month gross margin is 47.90% percent. In the recent year, EBITDA margin amounted to 25.42%, whereas operating margins totaled 22.10%. Based on annual data, PG earned $39.25 billion in gross profit and brought in $82.01 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 18.00%. Return on equity (ROE) for the past 12 months was 32.50%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. PG’s revenue rose 5.05% during the quarter, while net income inched up to $20.55 billion. During the quarter, the company generated $4.87 billion in EBITDA. The liabilities of The Procter & Gamble Company were 73.76 billion at the end of its most recent quarter, and its total debt was $35.42 billion. The value of shareholders’ equity is $2.36 billion.
Technical Picture
This quick technical analysis looks at The Procter & Gamble Company’s (PG) price momentum. With a historical volatility rate of 10.21%, the RSI 9-day stood at 34.39% on 17 August.
With respect to its five-day moving average, the current The Procter & Gamble Company price is down by -2.56% percent or -$4.00. At present, PG shares trade +1.03% above its 20-day simple moving average and +3.67% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.27% above its SMA50 and +12.49% above its SMA200.
Stochastic coefficient K was 18.50% and Stochastic coefficient D was 38.83%, while ATR was 2.02. Given the Stochastic reading of 4.86% for the 14-day period, the RSI (14) reading has been calculated as 42.97%. As of today, the MACD Oscillator reading stands at -2.18, while the 14-day reading stands at -2.44.
Analyst Ratings
The Procter & Gamble Company downgraded its rating on The Procter & Gamble Company (NYSE: PG) to a Hold in a note to investors on May 18, 2023. The analysts firm previously had a Buy rating on the stock.The Procter & Gamble Company (PG) has been rated Overweight by analysts. According to 0 brokerage firms, PG is a sell, and 9 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate The Procter & Gamble Company stock as buy, with 11 recommending it as overweight.
With a median target price of $170.00, the current consensus forecast for the stock is $143.00 – $179.00. Based on these forecasts, analysts predict The Procter & Gamble Company (PG) will achieve an average price target of $168.06.
