As of Wednesday close, The Procter & Gamble Company’s (NYSE:PG) stock was down -$0.13, moving down -0.08 percent to $153.47. The average number of shares traded per day over the past five days has been 5,711,260 shares. 2 times new highs have been achieved over the past 5 days, with a $0.38 gain in that time frame. In the last twenty days, the average volume was 4,584,990, while in the previous 50 days, it was 5,339,794.
Since last month, PG stock rose 1.12%. Shares of the company fell to $150.93 on 08/22/23, 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 1.26% or $1.91, and marked a new high 6 times. However, the stock has declined by -3.10% since its 52-week high.
PG stock investors should be aware that The Procter & Gamble Company (PG) stock had its last reported insider trading activity 22 days ago on Aug 30. Jejurikar Shailesh, the Chief Operating Officer of the company, disposed of 11,522 shares for $154.13 on Aug 30. It resulted in a $1,775,926 divestment by the insider. Coombe Gary A sold 10,094 shares at an average price of $154.00 on Aug 30. The insider now owns 36,896 shares following the transaction. On Aug 30, CEO – Beauty Keith R. Alexandra sold 5,309 shares at $153.90 apiece. The transaction was valued at $817,057.
Valuation Metrics
Right now, The Procter & Gamble Company (PG) has a P/E ratio of about 26.02. The stock’s beta is 0.41. Besides these, the trailing price-to-sales (P/S) ratio of 4.45, the price-to-book (PB) ratio of 7.89, and the price-to-cash flow ratio of 26.46 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 three months ended June 29, 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 quarter ending June 29 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 year ended June 29, 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%.
In The Procter & Gamble Company’s quarter-end financial report for June 29, it reported total debt of $24.38 billion. 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. While analysts expected The Procter & Gamble Company to report $1.32 quarterly earnings, the actual figure was $1.37 per share, beating the consensus estimate by 3.80%. 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 ended June 29, 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 14.35%, the RSI 9-day stood at 49.23% on 20 September.
With respect to its five-day moving average, the current The Procter & Gamble Company price is up by +0.25% percent or $0.38. At present, PG shares trade +1.08% above its 20-day simple moving average and -1.92% percent below its 100-day simple moving average. However, the stock is currently trading approximately +3.64% above its SMA50 and +2.83% above its SMA200.
Stochastic coefficient K was 57.32% and Stochastic coefficient D was 60.86%, while ATR was 1.84. Given the Stochastic reading of 51.06% for the 14-day period, the RSI (14) reading has been calculated as 49.72%. As of today, the MACD Oscillator reading stands at 0.13, while the 14-day reading stands at 0.19.
Analyst Ratings
William Blair launched its rating on The Procter & Gamble Company (NYSE: PG) to a Mkt perform in a note to investors on September 08, 2023. The Procter & Gamble Company (PG) has been rated Overweight by analysts. According to 0 brokerage firms, PG is a sell, and 10 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 12 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 $167.91.
