At the time of writing, Procter & Gamble Co. [PG] stock is trading at $173.21, up 0.55%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PG shares have gain 0.97% over the last week, with a monthly amount glided 2.34%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Procter & Gamble Co. [NYSE: PG] stock has seen the most recent analyst activity on September 24, 2024, when Piper Sandler initiated its Neutral rating and assigned the stock a price target of $174. Previously, DZ Bank upgraded its rating to Buy on August 29, 2024, and kept the price target unchanged to $190. On July 24, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $175 on the stock. TD Cowen started tracking the stock assigning a Buy rating and suggested a price target of $189 on July 23, 2024. Exane BNP Paribas initiated its recommendation with a Outperform and recommended $187 as its price target on June 24, 2024. Truist upgraded its rating to Buy for this stock on March 11, 2024, and upped its price target to $175.
For the past year, the stock price of Procter & Gamble Co. fluctuated between $141.45 and $177.94. Currently, Wall Street analysts expect the stock to reach $157.2 within the next 12 months. Procter & Gamble Co. [NYSE: PG] shares were valued at $173.21 at the most recent close of the market. An investor can expect a potential drop of -9.24% based on the average PG price forecast.
Analyzing the PG fundamentals
According to Procter & Gamble Co. [NYSE:PG], the company’s sales were 84.04B for trailing twelve months, which represents an -0.10% plunge. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.3 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.65.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 171.51 points at the first support level, and at 169.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 174.76, and for the 2nd resistance point, it is at 176.31.
Ratios To Look Out For
It is important to note that Procter & Gamble Co. [NYSE:PG] has a current ratio of 0.73. As well, the Quick Ratio is 0.53, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 4.84, the price to book ratio is 8.25 and price to earnings (TTM) ratio is 28.78.
Transactions by insiders
Recent insider trading involved Moeller Jon R, Chairman, President and CEO, that happened on Aug 28 ’24 when 37240.0 shares were sold. Chairman, President and CEO, Moeller Jon R completed a deal on Aug 26 ’24 to sell 87979.0 shares. Meanwhile, Chief Financial Officer Schulten Andre sold 13041.0 shares on Aug 26 ’24.
