The Procter & Gamble Company [NYSE: PG] stock went on an upward path that rose over 0.95% on Wednesday, amounting to a one-week price increase of more than 0.98%. The company report on August 2, 2022 that Procter & Gamble Brings Relief to Residents Affected by Flooding in Eastern Kentucky With P&G Products and Tide Loads of Hope Laundry Services.
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Procter & Gamble (NYSE:PG):.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220802005369/en/.
Over the last 12 months, PG stock rose by 2.83%. The one-year The Procter & Gamble Company stock forecast points to a potential upside of 6.45. The average equity rating for PG stock is currently 2.40, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $350.06 billion, with 2.40 billion shares outstanding and 2.39 billion shares in the current float. Compared to the average trading volume of 7.34M shares, PG stock reached a trading volume of 4638020 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $156.38 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 2.40. 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.
Raymond James have made an estimate for The Procter & Gamble Company shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 08, 2022. While these analysts kept the previous recommendation, JP Morgan dropped their target price from $181 to $165. The new note on the price target was released on March 30, 2022, representing the official price target for The Procter & Gamble Company stock. Previously, the target price had yet another raise from $165 to $175, while Truist kept a Buy rating on PG stock.
The Average True Range (ATR) for The Procter & Gamble Company is set at 2.79, with the Price to Sales ratio for PG stock in the period of the last 12 months amounting to 4.47. The Price to Book ratio for the last quarter was 7.87, with the Price to Cash per share for the same quarter was set at 3.56. Price to Free Cash Flow for PG in the course of the last twelve months was 55.90 with Quick ratio for the last quarter at 0.50.
PG Stock Performance Analysis:
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 0.98. With this latest performance, PG shares gained by 1.07% in over the last four-week period, additionally sinking by -8.54% over the last 6 months – not to mention a rise of 2.83% 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 55.00, with the RSI for the last a single of trading hit 57.93, and the three-weeks RSI is set at 52.92 for The Procter & Gamble Company [PG]. The present Moving Average for the last 50 days of trading for this stock 143.08, while it was recorded at 145.17 for the last single week of trading, and 151.51 for the last 200 days.
Insight into The Procter & Gamble Company 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 +22.21 and a Gross Margin at +47.43. The Procter & Gamble Company’s Net Margin is presently recorded at +18.38.
Return on Equity for this stock inclined to 31.62, with Return on Assets sitting at 12.47.
The Procter & Gamble Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.70.
PG Stock EPS
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 5.61%.
The Procter & Gamble Company [PG] Insider Position Details
There are presently around $225,526 million, or 65.80% of PG stock, in the hands of institutional investors. The top three institutional holders of PG stocks are: VANGUARD GROUP INC with ownership of 217,519,281, which is approximately 1.113% of the company’s market cap and around 0.12% of the total institutional ownership; BLACKROCK INC., holding 155,302,223 shares of the stock with an approximate value of $22.72 billion in PG stocks shares; and STATE STREET CORP, currently with $15.44 billion in PG stock with ownership of nearly 0.105% 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 1,584 institutional holders increased their position in The Procter & Gamble Company [NYSE:PG] by around 55,528,277 shares. Additionally, 1,399 investors decreased positions by around 62,958,282 shares, while 398 investors held positions by with 1,423,043,477 shares. The mentioned changes placed institutional holdings at 1,541,530,036 shares, according to the latest SEC report filing. PG stock had 129 new institutional investments in for a total of 4,649,116 shares, while 132 institutional investors sold positions of 7,390,345 shares during the same period.