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Wednesday, March 22, 2023

Is The Procter & Gamble Company (NYSE: PG) No Longer A Good Investment?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for The Procter & Gamble Company (PG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.13, or -0.09%, to $140.22. The The Procter & Gamble Company has recorded 256,401 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that P&G to Webcast Presentation From the Consumer Analyst Group of New York Conference, February 23.


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Stocks Info

This NYSE-listed company operates within the Household & Personal Products industry segment, falling under the Consumer Defensive sector. At the end of the last regular session, the stock closed at $140.35 and fluctuated between $141.13 as its day high and $139.94 as its day low. The current market capitalization of The Procter & Gamble Company is $328.71B. A total of 4.81 million shares were traded on the day, compared to an average of 6.73M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, PG has seen 18 BUY and 18 SELL insider trades, representing the acquisition of 2,267 and the disposition of 2,745 shares. Over the last 12 months, there were 86 BUYs and 59 SELLs from insiders. Insiders purchased 853,723 shares during that period but sold 677,367.

In the most recent transaction, Keith R. Alexandra sold 5,349 shares of PG for 137.34 per share on Mar 01. After the transaction, the CEO – Beauty now owns 34,150 company shares. In a previous transaction on Mar 01, Moeller Jon R sold 2,151 shares at 137.34 per share. PG shares that Chairman, President and CEO owns now total 226,748.

Among the insiders who sold shares, Schulten Andre disposed of 1,311 shares on Mar 01 at a per-share price of $137.34. This resulted in the Chief Financial Officer holding 35,142 shares of PG after the transaction. In another insider transaction, Keith R. Alexandra sold 1,194 shares at $137.34 per share on Mar 01. Company shares held by the CEO – Beauty now total 7,553.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. The Procter & Gamble Company pays an annual dividend of $3.65, resulting in a dividend yield of 2.60%, and it has a price to earnings (P/E) ratio of 24.65. PG’s most recent ex-dividend date was 1/19/2023 when it declared a $0.9133 quarterly dividend that was paid in cash on 2/15/2023. Previously, the company paid the dividend on 11/15/2022 with an ex-dividend date of 10/20/2022. The PG stock dividend was $0.9133 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PG in the last 3 months, the mean price target is $157.17 with high estimates of $170.00 and low estimates of $140.00. In terms of 52-week highs and lows, PG has a high of $164.90 and a low of $122.18.

As of this writing, PG has an earnings estimate of $1.33 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.4 per share and a lower estimate of $1.28. The company reported an EPS of $1.57 in the last quarter, which was 1.90% higher than expectations of $1.54.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 27 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PG is Sell with a score of 4.54. A total of 14 analysts rated the stock as Buy while 3 rated it as Overweight while 9 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.

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