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Gear Up for P&G (PG) Q4 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2024-07-25 14:20
Wall Street analysts expect Procter & Gamble (PG) to post quarterly earnings of $1.37 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $20.73 billion, up 0.9% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company announces ...
Procter & Gamble (PG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-07-23 15:07
Procter & Gamble (PG) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 30, 2024, might help the stock move higher if these key numbers are bette ...
Procter & Gamble (PG) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-07-22 23:05
The most recent trading session ended with Procter & Gamble (PG) standing at $168.25, reflecting a +0.17% shift from the previouse trading day's closing. This change lagged the S&P 500's 1.08% gain on the day. Meanwhile, the Dow gained 0.32%, and the Nasdaq, a tech-heavy index, added 1.58%.The world's largest consumer products maker's shares have seen a decrease of 0.18% over the last month, not keeping up with the Consumer Staples sector's gain of 1.82% and the S&P 500's gain of 0.43%.Analysts and investor ...
Procter & Gamble (PG) Hits 52-Week High: Buy, Hold or Sell?
ZACKS· 2024-07-18 17:51
Core Viewpoint - Procter & Gamble (PG) has experienced a significant rise in stock price, reaching a new 52-week high, but faces challenges in key markets and a potentially unsustainable valuation [1][7]. Group 1: Stock Performance - PG shares hit a 52-week high of $170.17 before closing at $169.44, trading above both the 50-day and 200-day simple moving averages [1]. - Over the past year, PG's shares have increased by 12.8%, outperforming the broader industry which rose by 11.4%, while the Zacks Consumer Staples sector declined by 4.4% [1]. - In the last three months, PG's stock gained 7.6%, lagging behind the industry's 10.5% improvement, and in the past month, it showed a growth of only 1% compared to the industry's 1.1% rise [4]. Group 2: Business Model and Operations - PG operates in over 180 countries, providing a diversified revenue base that allows it to leverage growth in emerging markets while maintaining steady income from developed regions [2]. - The company has a wide-ranging portfolio of brands, including Tide, Gillette, Pampers, and Crest, which fosters strong brand loyalty and enables premium pricing [3]. - PG's focus on productivity and cost-saving initiatives has helped expand margins despite inflationary pressures, with the supply-chain 3.0 program enhancing productivity and scalability [3]. Group 3: Market Challenges - Organic sales in Greater China declined by 10% year over year, with brands like SK-II experiencing a 30% drop in sales, indicating challenges in the luxury skincare segment [5]. - Emerging markets in the Asia Pacific, Middle East, and Africa are facing soft volume trends due to geopolitical tensions affecting consumer spending [5]. - Currency volatility is expected to have a significant aftertax impact of $600 million for fiscal 2024, posing financial headwinds for PG [6]. Group 4: Valuation Concerns - PG is currently trading at a forward 12-month P/E multiple of 24.24X, which is above the industry average of 23X and the S&P 500's average of 22.07X, indicating a potentially unsustainable valuation [7]. - The premium valuation relative to industry peers raises concerns about the sustainability of PG's stock performance amid increasing competition and economic uncertainties [9].
Procter & Gamble (PG) Rises Higher Than Market: Key Facts
ZACKS· 2024-07-16 22:56
Procter & Gamble (PG) closed the latest trading day at $166.95, indicating a +1.44% change from the previous session's end. This change outpaced the S&P 500's 0.64% gain on the day. Meanwhile, the Dow experienced a rise of 1.85%, and the technology-dominated Nasdaq saw an increase of 0.2%.Shares of the world's largest consumer products maker witnessed a loss of 1.74% over the previous month, trailing the performance of the Consumer Staples sector with its gain of 0.85% and the S&P 500's gain of 3.82%.Analys ...
Procter & Gamble (PG) Laps the Stock Market: Here's Why
ZACKS· 2024-07-08 23:06
In the latest trading session, Procter & Gamble (PG) closed at $166.52, marking a +0.79% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.1%. Meanwhile, the Dow experienced a drop of 0.08%, and the technology-dominated Nasdaq saw an increase of 0.28%.The world's largest consumer products maker's stock has dropped by 1.11% in the past month, exceeding the Consumer Staples sector's loss of 2% and lagging the S&P 500's gain of 4.08%.Analysts and investors alike wil ...
Brokers Suggest Investing in P&G (PG): Read This Before Placing a Bet
ZACKS· 2024-07-08 17:56
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Procter & Gamble (PG) .P&G currently has an average brokerage recommendation (ABR) of 1.59, on ...
Procter & Gamble: Happy To Hold, But I'm Currently Not Adding
Seeking Alpha· 2024-06-30 10:32
Vertigo3d Investment thesis To avoid any misunderstandings - I own a certain position in Procter & Gamble (NYSE:PG), and I don't intend to sell it. It's an amazing business with a shareholder-friendly approach. I highly appreciate the dividends that grew over the years and don't see any "sell" rationale. Considering PG's: headwinds limiting (to some degree) its growth its improved yet below competitors' level organic volume growth its ability to uphold positive growth outstanding profitability leadership p ...
Is Trending Stock Procter & Gamble Company (The) (PG) a Buy Now?
ZACKS· 2024-06-28 14:00
Procter & Gamble (PG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this world's largest consumer products maker have returned +2.5%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Soap and Cleaning Materials industry, which P&G falls in, has gained 1.4%. The key question now is: What could be the stock's fu ...
Why Procter & Gamble (PG) is a Top Stock for the Long-Term
ZACKS· 2024-06-27 14:31
Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what ...