Procter & Gamble Co. (PG) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that P&G Announces Fiscal Year 2024 Second Quarter Results.

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Stocks Info

Procter & Gamble Co. is listed on the NYSE in the Consumer Defensive sector while operating in the Household & Personal Products industry. At the end of the last regular session, the stock closed at $153.98 and fluctuated between $156.40 as its day high and $152.89 as its day low. The current market capitalization of Procter & Gamble Co. is $362.91B. A total of 18.63 million shares were traded on the day, compared to an average of 6.93M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, PG has seen 5 BUY and 9 SELL insider trades, representing the acquisition of 72,027 and the disposition of 75,166 shares. Over the last 12 months, there were 72 BUYs and 68 SELLs from insiders. Insiders purchased 487,445 shares during that period but sold 433,917.

In the most recent transaction, Keith R. Alexandra sold 6,575 shares of PG for 153.47 per share on Nov 30. After the transaction, the CEO – Beauty now owns 5,620 company shares. In a previous transaction on Nov 14, Keith R. Alexandra sold 19,661 shares at 153.47 per share. PG shares that CEO – Beauty owns now total 24,438.

Among the insiders who sold shares, Keith R. Alexandra disposed of 4,122 shares on Nov 14 at a per-share price of $153.47. This resulted in the CEO – Beauty holding 5,585 shares of PG after the transaction. In another insider transaction, Schulten Andre sold 40,298 shares at $150.61 per share on Nov 06. Company shares held by the Chief Financial Officer now total 36,460.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Procter & Gamble Co. pays an annual dividend of $3.82, resulting in a dividend yield of 2.48%, and it has a price to earnings (P/E) ratio of 25.79. PG’s most recent ex-dividend date was 1/18/2024 when it declared a $0.9407 quarterly dividend that was paid in cash on 2/15/2024. Previously, the company paid the dividend on 11/15/2023 with an ex-dividend date of 10/19/2023. The PG stock dividend was $0.9407 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for PG in the last 3 months, the mean price target is $164.97 with high estimates of $177.00 and low estimates of $139.00. In terms of 52-week highs and lows, PG has a high of $158.38 and a low of $135.83.

As of this writing, PG has an earnings estimate of $1.7 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $1.72 per share and a lower estimate of $1.62. 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

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. PG’s latest balance sheet shows that the firm has $7.21B in Cash & Short Term Investments as of fiscal 2022. There were $32.29B in debt and $33.08B in liabilities at the time. Its Book Value Per Share was $20.75, while its Total Shareholder’s Equity was $46.85B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 4.22.

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