Procter & Gamble Co (NYSE:PG) shares traded 2.04% higher at $176.28 on Wall Street last session.
PG stock price is now 3.67% away from the 50-day moving average and 6.21% away from the 200-day moving average. The market capitalization of the company currently stands at $423.63B.
With the price target of $159, DA Davidson recently initiated with Neutral rating for Procter & Gamble Co (NYSE: PG). On September 30, 2024, Barclays Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock keeping its target price maintained at $163, while ‘Piper Sandler’ rates the stock as ‘Neutral’
In other news, Coombe Gary A, Officer bought 47,847 shares of the company’s stock on Nov 22 ’24. The stock was bought for $8,147,866 at an average price of $170.29. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 24 ’24, Chief Human Resources Officer Purushothaman Balaji sold 12,800 shares of the business’s stock. A total of $2,163,008 was realized by selling the stock at an average price of $168.99. This leaves the insider owning 11,566 shares of the company worth $2.04 million. A total of 0.06% of the company’s stock is owned by insiders.
During the past 12 months, Procter & Gamble Co has had a low of $142.50 and a high of $177.94. As of last week, the company has a debt-to-equity ratio of 0.70, a current ratio of 0.75, and a quick ratio of 0.55. According to the stock market information, the enterprise value for the company is $440234770432, which is based on a 30.40 price-to-earnings ratio, a 4.52 price-to-earnings-growth ratio, and a beta of 0.42. The fifty day moving average price for PG is $170.0336 and a two-hundred day moving average price translates $165.9752 for the stock.
The latest earnings results from Procter & Gamble Co (NYSE: PG) was released for 2024-09-30. The net profit margin was 16.72% and return on equity was 28.77% for PG. The company reported revenue of $21.74 billion for the quarter, compared to $21.87 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.61 percent.
