The Procter & Gamble Company [NYSE: PG] loss -0.60% or -0.71 points to close at $118.34 with a heavy trading volume of 5549420 shares. It opened the trading session at $119.40, the shares rose to $119.76 and dropped to $118.15, the range by which the price of stock traded the whole day. The daily chart for PG points out that the company has recorded -4.71% loss over the past six months. However, it is still -25.44% lower than its most recent low trading price.
If we look at the average trading volume of 11.43M shares, PG reached to a volume of 5549420 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about The Procter & Gamble Company [PG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PG shares is $129.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PG stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for The Procter & Gamble Company shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 30, 2020. While these analysts kept the previous recommendation, Stifel dropped their target price from $119 to $117. The new note on the price target was released on March 27, 2020, representing the official price target for The Procter & Gamble Company stock. Previously, the target price had yet another raise to $120, while Argus analysts kept a Buy rating on PG stock.
The Average True Range (ATR) for The Procter & Gamble Company is set at 2.29, with the Price to Sales ratio for PG stock in the period of the last 12 months amounting to 4.17. The Price to Book ratio for the last quarter was 6.56, with the Price to Cash per share for the same quarter was set at 6.22. Price to Free Cash Flow for PG in the course of the last twelve months was 50.34 with Quick ratio for the last quarter at 0.70.
Trading performance analysis for PG stock
The Procter & Gamble Company [PG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.24. With this latest performance, PG shares gained by 2.06% in over the last four-week period, additionally sinking by -4.71% over the last 6 months – not to mention a rise of 8.85% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PG stock in for the last two-week period is set at 57.52, with the RSI for the last a single of trading hit 59.14, and the three-weeks RSI is set at 53.87 for The Procter & Gamble Company [PG]. The present Moving Average for the last 50 days of trading for this stock 116.15, while it was recorded at 118.06 for the last single week of trading, and 120.11 for the last 200 days.
The Procter & Gamble Company [PG]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and The Procter & Gamble Company [PG] shares currently have an operating margin of +21.44 and a Gross Margin at +49.40. The Procter & Gamble Company’s Net Margin is presently recorded at +5.76.
Return on Total Capital for PG is now 17.93, given the latest momentum, and Return on Invested Capital for the company is 5.54. Return on Equity for this stock inclined to 7.83, with Return on Assets sitting at 3.34. When it comes to the capital structure of this company, The Procter & Gamble Company [PG] has a Total Debt to Total Equity ratio set at 63.76. Additionally, PG Total Debt to Total Capital is recorded at 38.94, with Total Debt to Total Assets ending up at 26.15. Long-Term Debt to Equity for the company is recorded at 44.08, with the Long-Term Debt to Total Capital now at 26.39.
Reflecting on the efficiency of the workforce at the company, The Procter & Gamble Company [PG] managed to generate an average of $40,175 per employee. Receivables Turnover for the company is 14.05 with a Total Asset Turnover recorded at a value of 0.58.The Procter & Gamble Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.80.
The Procter & Gamble Company [PG]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, The Procter & Gamble Company posted 1.1/share EPS, while the average EPS was predicted by analysts to be reported at 1.05/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Procter & Gamble Company go to 7.53%.
An analysis of insider ownership at The Procter & Gamble Company [PG]
There are presently around $191,029 million, or 66.10% of PG stock, in the hands of institutional investors. The top three institutional holders of PG stocks are: VANGUARD GROUP INC with ownership of 229,313,390, which is approximately 2.619% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 164,524,693 shares of the stock with an approximate value of $19.59 billion in PG stocks shares; and STATE STREET CORP, currently with $14.08 billion in PG stock with ownership of nearly 0.927% of the company’s market capitalization.
Positions in The Procter & Gamble Company stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 1,152 institutional holders increased their position in The Procter & Gamble Company [NYSE:PG] by around 88,263,019 shares. Additionally, 1,408 investors decreased positions by around 74,005,287 shares, while 262 investors held positions by with 1,442,339,502 shares. The mentioned changes placed institutional holdings at 1,604,607,808 shares, according to the latest SEC report filing. PG stock had 127 new institutional investments in for a total of 8,607,168 shares, while 138 institutional investors sold positions of 10,203,148 shares during the same period.