The Procter & Gamble Company (NYSE: PG) is -3.49% lower on its value in year-to-date trading and has touched a low of $107.00 and a high of $146.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PG stock was last observed hovering at around $135.43 in the last trading session, with the day’s loss setting it -1.15% off its average median price target of $154.00 for the next 12 months. It is also 19.59% off the consensus price target high of $167.00 offered by 23 analysts, but current levels are -3.29% lower than the price target low of $130.00 for the same period.
Currently trading at $134.28, the stock is 3.32% and 4.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.96 million and changing -0.85% at the moment leaves the stock 0.60% off its SMA200. PG registered 22.82% gain for a year compared to 6-month loss of -3.39%. The firm has a 50-day simple moving average (SMA 50) of $128.78 and a 200-day simple moving average (SMA200) of $135.40.
The stock witnessed a 9.03% gain in the last 1 month and extending the period to 3 months gives it a -2.53%, and is 0.60% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.68% over the week and 1.81% over the month.
The Procter & Gamble Company (PG) has around 99000 employees, a market worth around $333.49B and $73.97B in sales. Current P/E ratio is 25.38 and Fwd P/E is 22.21. Profit margin for the company is 18.40%. Distance from 52-week low is 25.50% and -8.60% from its 52-week high. The company has generated returns on investments over the last 12 months (16.10%).
The Procter & Gamble Company (PG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for The Procter & Gamble Company (PG) is a “Overweight”. 23 analysts offering their recommendations for the stock have an average rating of 2.40, where 10 rate it as a Hold and 1 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The Procter & Gamble Company is expected to release its quarterly report on 08/03/2021 and quarterly earnings per share for the current quarter are estimated at $1.2 with sales reaching $17.96B over the same period.The EPS is expected to grow by 246.70% this year, but quarterly earnings will post 6.30% year-over-year. Quarterly sales are estimated to grow 4.40% in year-over-year returns.
The Procter & Gamble Company (PG) Top Institutional Holders
3,655 institutions hold shares in The Procter & Gamble Company (PG), with 2.59M shares held by insiders accounting for 0.10% while institutional investors hold 65.79% of the company’s shares. The shares outstanding are 2.48B, and float is at 2.46B with Short Float at 0.65%. Institutions hold 65.72% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 217.96 million shares valued at $30.33 billion. The investor’s holdings represent 8.85% of the PG Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 162.13 million shares valued at $22.56 billion to account for 6.58% of the shares outstanding. The other top investors are State Street Corporation which holds 109.0 million shares representing 4.43% and valued at over $15.17 billion, while Wellington Management Group, LLP holds 2.07% of the shares totaling 51.08 million with a market value of $7.11 billion.
The Procter & Gamble Company (PG) Insider Activity
A total of 123 insider transactions have happened at The Procter & Gamble Company (PG) in the last six months, with sales accounting for 72 and purchases happening 51 times. The most recent transaction is an insider sale by Bishop Steven D ,the company’sCEO – Health Care. SEC filings show that Bishop Steven D sold 3,173 shares of the company’s common stock on Feb 26 at a price of $125.77 per share for a total of $0.4 million. Following the sale, the insider now owns 58678.0 shares.
The Procter & Gamble Company disclosed in a document filed with the SEC on Feb 26 that Sheppard Valarie L (Controller, Treas. & Group VP) sold a total of 1,811 shares of the company’s common stock. The trade occurred on Feb 26 and was made at $125.77 per share for $0.23 million. Following the transaction, the insider now directly holds 24418.0 shares of the PG stock.
Still, SEC filings show that on Feb 26, Majoras Deborah P (Chief Legal Officer & Secy) disposed off 6,903 shares at an average price of $125.77 for $0.87 million. The insider now directly holds 43,301 shares of The Procter & Gamble Company (PG).
The Procter & Gamble Company (PG): Who are the competitors?
The company’s main competitors (and peers) include The Estee Lauder Companies Inc. (EL) that is trading 90.59% up over the past 12 months and Colgate-Palmolive Company (CL) that is 19.83% higher over the same period. Johnson & Johnson (JNJ) is 26.41% up on the 1-year trading charts. Short interest in the company’s stock has risen 7.48% from the last report on Feb 11, 2021 to stand at a total of 14.84 million short shares sold with a short interest ratio of 1.82.