15.1 C
New York
Friday, September 29, 2023

What Are The Chances Of The Procter & Gamble Company (NYSE: PG) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for The Procter & Gamble Company (PG) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.15, or 0.10%, to $154.90. The The Procter & Gamble Company has recorded 559,435 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Procter & Gamble Brings Relief to Residents Affected by Hurricane Idalia in Florida With P&G Products and Tide Loads of Hope Laundry Services.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


Stocks Info

As a NYSE listed company, PG falls under the Consumer Defensive sector while operating within the Household & Personal Products industry segment. At the end of the last regular session, the stock closed at $154.75 and fluctuated between $155.10 as its day high and $153.08 as its day low. The current market capitalization of The Procter & Gamble Company is $366.30B. A total of 4.29 million shares were traded on the day, compared to an average of 5.81M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, PG has seen 28 BUY and 23 SELL insider trades, representing the acquisition of 246,498 and the disposition of 166,901 shares. Over the last 12 months, there were 90 BUYs and 68 SELLs from insiders. Insiders purchased 506,981 shares during that period but sold 381,833.

In the most recent transaction, Jejurikar Shailesh sold 11,522 shares of PG for 154.13 per share on Aug 30. After the transaction, the Chief Operating Officer now owns 10,135 company shares. In a previous transaction on Aug 30, Coombe Gary A sold 10,094 shares at 154.00 per share. PG shares that CEO – Grooming owns now total 36,896.

Among the insiders who sold shares, Keith R. Alexandra disposed of 5,309 shares on Aug 30 at a per-share price of $153.90. This resulted in the CEO – Beauty holding 27,719 shares of PG after the transaction. In another insider transaction, Purushothaman Balaji sold 986 shares at $153.35 per share on Aug 25. Company shares held by the Chief Human Resources Officer now total 13,101.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. The Procter & Gamble Company pays an annual dividend of $3.76, resulting in a dividend yield of 2.43%, and it has a price to earnings (P/E) ratio of 26.24. PG’s most recent ex-dividend date was 7/20/2023 when it declared a $0.9407 quarterly dividend that was paid in cash on 8/15/2023. Previously, the company paid the dividend on 5/15/2023 with an ex-dividend date of 4/20/2023. The PG stock dividend was $0.9407 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for PG in the last 3 months, the mean price target is $168.20 with high estimates of $179.00 and low estimates of $143.00. In terms of 52-week highs and lows, PG has a high of $158.38 and a low of $122.18.

As of this writing, PG has an earnings estimate of $1.71 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.78 per share and a lower estimate of $1.66. The company reported an EPS of $1.37 in the last quarter, which was 3.80% higher than expectations of $1.32.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. PG’s latest balance sheet shows that the firm has $7.21B in Cash & Short Term Investments as of fiscal 2022. There were $31.49B in debt and $33.08B in liabilities at the time. Its Book Value Per Share was $19.46, while its Total Shareholder’s Equity was $46.85B.

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, 0 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 Buy with a score of 4.29.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles