Market Analysts see The Procter & Gamble Company [PG] gaining to $156. Time to buy?

The Procter & Gamble Company [NYSE: PG] closed the trading session at $146.60 on 11/28/22. The day’s price range saw the stock hit a low of $146.14, while the highest price level was $147.34. The company report on November 25, 2022 that CIBC Launches 5 New CDRs (“Canadian Depositary Receipts”) on the NEO Exchange.


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The stocks have a year to date performance of -10.38 percent and weekly performance of 2.83 percent. The stock has been moved at -1.43 percent over the last six months. The stock has performed 11.16 percent around the most recent 30 days and changed 3.47 percent over the most recent 3-months.

If compared to the average trading volume of 6.67M shares, PG reached to a volume of 6627914 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $147.58 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.

Wolfe Research have made an estimate for The Procter & Gamble Company shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 22, 2022. The new note on the price target was released on October 10, 2022, representing the official price target for The Procter & Gamble Company stock. Previously, the target price had yet another raise to $175, while Raymond James analysts kept a Outperform rating on PG stock. On March 30, 2022, analysts decreased their price target for PG shares from 181 to 165.

The Average True Range (ATR) for The Procter & Gamble Company is set at 2.23, with the Price to Sales ratio for PG stock in the period of the last 12 months amounting to 4.29. The Price to Book ratio for the last quarter was 8.09, with the Price to Cash per share for the same quarter was set at 2.85. Price to Free Cash Flow for PG in the course of the last twelve months was 74.54 with Quick ratio for the last quarter at 0.40.

PG stock trade performance evaluation

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 2.83. With this latest performance, PG shares gained by 11.16% in over the last four-week period, additionally sinking by -1.43% over the last 6 months – not to mention a drop of -0.59% 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 75.14, with the RSI for the last a single of trading hit 81.49, and the three-weeks RSI is set at 68.95 for The Procter & Gamble Company [PG]. The present Moving Average for the last 50 days of trading for this stock 133.95, while it was recorded at 145.95 for the last single week of trading, and 144.85 for the last 200 days.

The Procter & Gamble Company [PG]: An insightful look at the core 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 +22.34 and a Gross Margin at +47.65. The Procter & Gamble Company’s Net Margin is presently recorded at +18.38.

Return on Equity for this stock inclined to 31.71, with Return on Assets sitting at 12.47.

The Procter & Gamble Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.60.

Earnings per share (EPS) analysis for The Procter & Gamble Company [PG] stock

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 4.79%.

The Procter & Gamble Company [PG]: Insider Ownership positions

There are presently around $223,942 million, or 65.60% of PG stock, in the hands of institutional investors. The top three institutional holders of PG stocks are: VANGUARD GROUP INC with ownership of 224,570,227, which is approximately 0.988% of the company’s market cap and around 0.12% of the total institutional ownership; BLACKROCK INC., holding 161,904,833 shares of the stock with an approximate value of $23.74 billion in PG stocks shares; and STATE STREET CORP, currently with $15.36 billion in PG stock with ownership of nearly 0.767% of the company’s market capitalization.

Positions in The Procter & Gamble Company stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 1,590 institutional holders increased their position in The Procter & Gamble Company [NYSE:PG] by around 36,348,543 shares. Additionally, 1,359 investors decreased positions by around 60,665,260 shares, while 394 investors held positions by with 1,430,557,418 shares. The mentioned changes placed institutional holdings at 1,527,571,221 shares, according to the latest SEC report filing. PG stock had 110 new institutional investments in for a total of 2,827,278 shares, while 136 institutional investors sold positions of 7,202,709 shares during the same period.

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