P&G-Here's Why Procter & Gamble (PG) Gained But Lagged the Market Today

Company Performance - Procter & Gamble's shares have decreased by 4.66% over the past month, underperforming the Consumer Staples sector's loss of 2.27% and the S&P 500's gain of 0.34% during the same period [1] - The stock closed at $168.11, reflecting a slight increase of 0.03% from the previous day, which was lower than the S&P 500's daily gain of 0.73% [6] Analyst Estimates - Recent changes in analyst estimates indicate a shift in business trends, with positive revisions suggesting optimism about Procter & Gamble's profitability [2] - The Zacks Consensus Estimates project earnings of$ 6.93 per share and revenue of $85.43 billion for the annual period, representing increases of +5.16% and +1.65% respectively from the previous year [7] Valuation Metrics - Procter & Gamble has a PEG ratio of 3.61, compared to the industry average of 2.94, indicating a higher valuation relative to expected earnings growth [3] - The company is currently trading at a Forward P/E ratio of 24.25, which is above the industry average Forward P/E of 22.54 [8] Upcoming Earnings - Procter & Gamble is scheduled to release its earnings on January 22, 2025, with an expected EPS of$ 1.88, an increase of 2.17% from the prior-year quarter, and anticipated revenue of $21.7 billion, up 1.22% from the prior-year quarter [10] Industry Context - The Consumer Products - Staples industry is currently ranked 154 in the Zacks Industry Rank, placing it in the bottom 39% of over 250 industries [12]