The Procter & Gamble Company [NYSE: PG] slipped around -1.67 points on Wednesday, while shares priced at $131.93 at the close of the session, down -1.25%. The company report on January 20, 2021 that P&G Announces Fiscal Year 2021 Second Quarter Results.
Net Sales +8%; Organic Sales +8%;Diluted Net EPS $1.47, +4% vs. prior year; Core EPS $1.64, +15% vs. prior yearRAISES SALES, EARNINGS, ADJUSTED FREE CASH FLOW PRODUCTIVITY AND CASH RETURN GUIDANCE.
The Procter & Gamble Company (NYSE:PG) reported second quarter fiscal year 2021 net sales of $19.7 billion, an increase of eight percent versus the prior year. Excluding the net impacts of foreign exchange, acquisitions and divestitures, organic sales also increased eight percent. Diluted net earnings per share were $1.47, an increase of four percent versus the prior year. Core EPS was $1.64, an increase of 15% versus the prior year. Currency-neutral core EPS increased 18% versus the prior year.
The Procter & Gamble Company stock is now -5.18% down from its year-to-date (YTD) trading value. PG Stock saw the intraday high of $133.80 and lowest of $131.26 per share. The company’s 52-week high price is 146.92, which means current price is +0.51% above from all time high which was touched on 01/06/21.
Compared to the average trading volume of 6.71M shares, PG reached a trading volume of 12468792 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 $151.77 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.
Bernstein have made an estimate for The Procter & Gamble Company shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on January 20, 2021. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Overweight. The new note on the price target was released on December 08, 2020, representing the official price target for The Procter & Gamble Company stock. Previously, the target price had yet another raise from $153 to $166, while Jefferies kept a Buy rating on PG stock. On March 30, 2020, analysts decreased their price target for PG shares from 130 to 128.
The Average True Range (ATR) for The Procter & Gamble Company is set at 2.09, with the Price to Sales ratio for PG stock in the period of the last 12 months amounting to 4.53. The Price to Book ratio for the last quarter was 6.94. Price to Free Cash Flow for PG in the course of the last twelve months was 45.74 with Quick ratio for the last quarter at 0.70.
How has PG stock performed recently?
The Procter & Gamble Company [PG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.74. With this latest performance, PG shares dropped by -4.57% in over the last four-week period, additionally plugging by 5.48% over the last 6 months – not to mention a rise of 4.63% 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 29.78, with the RSI for the last a single of trading hit 22.07, and the three-weeks RSI is set at 34.90 for The Procter & Gamble Company [PG]. The present Moving Average for the last 50 days of trading for this stock 138.29, while it was recorded at 134.67 for the last single week of trading, and 130.46 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 +23.10 and a Gross Margin at +51.18. The Procter & Gamble Company’s Net Margin is presently recorded at +18.36.
Return on Total Capital for PG is now 20.47, given the latest momentum, and Return on Invested Capital for the company is 18.84. Return on Equity for this stock inclined to 27.80, with Return on Assets sitting at 11.05. 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 76.55. Additionally, PG Total Debt to Total Capital is recorded at 43.36, with Total Debt to Total Assets ending up at 29.50. Long-Term Debt to Equity for the company is recorded at 53.02, with the Long-Term Debt to Total Capital now at 29.45.
Reflecting on the efficiency of the workforce at the company, The Procter & Gamble Company [PG] managed to generate an average of $131,586 per employee. Receivables Turnover for the company is 15.54 with a Total Asset Turnover recorded at a value of 0.60.The Procter & Gamble Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.90.
Earnings analysis for The Procter & Gamble Company [PG]
With the latest financial reports released by the company, The Procter & Gamble Company posted 1.42/share EPS, while the average EPS was predicted by analysts to be reported at 1.37/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.60%. 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 8.74%.
Insider trade positions for The Procter & Gamble Company [PG]
There are presently around $210,137 million, or 66.20% of PG stock, in the hands of institutional investors. The top three institutional holders of PG stocks are: VANGUARD GROUP INC with ownership of 220,471,433, which is approximately -1.187% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 162,697,093 shares of the stock with an approximate value of $21.74 billion in PG stocks shares; and STATE STREET CORP, currently with $15.31 billion in PG stock with ownership of nearly -1.721% of the company’s market capitalization.
Positions in The Procter & Gamble Company stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 1,156 institutional holders increased their position in The Procter & Gamble Company [NYSE:PG] by around 56,707,894 shares. Additionally, 1,297 investors decreased positions by around 52,810,216 shares, while 334 investors held positions by with 1,463,362,454 shares. The mentioned changes placed institutional holdings at 1,572,880,564 shares, according to the latest SEC report filing. PG stock had 115 new institutional investments in for a total of 4,850,782 shares, while 72 institutional investors sold positions of 4,258,513 shares during the same period.