What is the best trade option for Procter & Gamble Co (PG) stock?

At the time of writing, Procter & Gamble Co [PG] stock is trading at $170.75, up 0.71%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PG shares have gain 2.84% over the last week, with a monthly amount drifted -0.31%, and not 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 October 10, 2024, when DA Davidson initiated its Neutral rating and assigned the stock a price target of $159. Previously, Barclays downgraded its rating to Equal Weight on September 30, 2024, and kept the price target unchanged to $163. On September 24, 2024, Piper Sandler initiated with a Neutral rating and assigned a price target of $174 on the stock. DZ Bank upgraded its rating to a Buy but stick to its price target of $190 on August 29, 2024. Jefferies downgraded its rating to a Hold and reduced its price target to $175 on July 24, 2024. TD Cowen started tracking with a Buy rating for this stock on July 23, 2024, and assigned it a price target of $189. In a note dated June 24, 2024, Exane BNP Paribas initiated an Outperform rating and provided a target price of $187 on this stock.

For the past year, the stock price of Procter & Gamble Co fluctuated between $142.50 and $177.94. Currently, Wall Street analysts expect the stock to reach $160.09 within the next 12 months. Procter & Gamble Co [NYSE: PG] shares were valued at $170.75 at the most recent close of the market. An investor can expect a potential drop of -6.24% based on the average PG price forecast.

Analyzing the PG fundamentals

According to Procter & Gamble Co [NYSE:PG], the company’s sales were 83.91B for trailing twelve months, which represents an -0.61% 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 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.29 and Total Capital is 0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.7.

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 169.24 points at the first support level, and at 167.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 171.86, and for the 2nd resistance point, it is at 172.96.

Ratios To Look Out For

It is important to note that Procter & Gamble Co [NYSE:PG] has a current ratio of 0.75. In addition, the Quick Ratio stands at 0.55 and the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 4.86, the price to book ratio is 7.88 and price to earnings (TTM) ratio is 29.45.

Transactions by insiders

Recent insider trading involved Purushothaman Balaji, Chief Human Resources Officer, that happened on Oct 24 ’24 when 12800.0 shares were sold. Officer, Whaley Susan Street completed a deal on Oct 25 ’24 to buy 766.0 shares. Meanwhile, Officer Keith R. Alexandra bought 1065.0 shares on Oct 24 ’24.

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