Jefferies Upgrade The Procter & Gamble Company [PG]. What else is Wall St. saying?

The Procter & Gamble Company [NYSE: PG] traded at a low on 08/05/20, posting a -0.26 loss after which it closed the day’ session at $133.44. The company report on August 4, 2020 that P&G Presents Tonight’s CBS Primetime Special Honoring the Life of Rep. John Lewis.

Inspirational Films on Bias and Equality to Replace Traditional Commercials in Network Premiere on Tuesday, August 4 at 10 PM ET/PT and Rebroadcasts on BET, MTV, Smithsonian and OWN: Oprah Winfrey Network.

As a part of its longstanding work to promote equality and inclusion for all people, P&G is proud to be the sole sponsor of a CBS primetime special honoring the life and legacy of Congressman John Lewis. The hour-long special, JOHN LEWIS: CELEBRATING A HERO will be hosted by Oprah Winfrey, Tyler Perry, Gayle King and Brad Pitt, and will be broadcast tonight, Tuesday, August 4 from 10 to 11PM ET/PT on CBS and CBS All Access.

The results of the trading session contributed to over 5679957 shares changing hands. Over the past one week, the price volatility of The Procter & Gamble Company stands at 1.61% while the volatility over the past one month is 1.51%.

The market cap for PG stock reached $331.11 billion, with 2.48 billion shares outstanding and 2.47 billion shares in the current float. Compared to the average trading volume of 7.48M shares, PG reached a trading volume of 5679957 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say 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 $129.64 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 2.10, with the Price to Sales ratio for PG stock in the period of the last 12 months amounting to 4.76. The Price to Book ratio for the last quarter was 7.40, with the Price to Cash per share for the same quarter was set at 6.20. Price to Free Cash Flow for PG in the course of the last twelve months was 60.98 with Quick ratio for the last quarter at 0.70.

How has PG stock performed recently?

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 4.00. With this latest performance, PG shares gained by 9.18% in over the last four-week period, additionally plugging by 5.23% over the last 6 months – not to mention a rise of 16.77% 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 79.64, with the RSI for the last a single of trading hit 85.39, and the three-weeks RSI is set at 73.97 for The Procter & Gamble Company [PG]. The present Moving Average for the last 50 days of trading for this stock 121.72, while it was recorded at 132.21 for the last single week of trading, and 120.40 for the last 200 days.

The Procter & Gamble Company [PG]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and The Procter & Gamble Company [PG] shares currently have an operating margin of +22.14 and a Gross Margin at +50.32. The Procter & Gamble Company’s Net Margin is presently recorded at +18.36.

Return on Equity for this stock inclined to 27.70, with Return on Assets sitting at 11.05.

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.

Earnings analysis for The Procter & Gamble Company [PG]

With the latest financial reports released by the company, The Procter & Gamble Company posted 1.37/share EPS, while the average EPS was predicted by analysts to be reported at 1.24/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 10.50%. 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 7.72%.

Insider trade positions for The Procter & Gamble Company [PG]

There are presently around $213,487 million, or 66.00% 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 0.11% of the total institutional ownership; BLACKROCK INC., holding 164,524,693 shares of the stock with an approximate value of $21.95 billion in PG stocks shares; and STATE STREET CORP, currently with $15.78 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 July and at the time of the July reporting period, where 1,228 institutional holders increased their position in The Procter & Gamble Company [NYSE:PG] by around 84,077,294 shares. Additionally, 1,292 investors decreased positions by around 71,476,190 shares, while 284 investors held positions by with 1,444,319,819 shares. The mentioned changes placed institutional holdings at 1,599,873,303 shares, according to the latest SEC report filing. PG stock had 128 new institutional investments in for a total of 7,139,473 shares, while 117 institutional investors sold positions of 10,307,320 shares during the same period.

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