Procter & Gamble Co (NYSE:PG) shares traded -1.00% lower at $165.98 on Wall Street last session.
PG stock price is now -2.43% away from the 50-day moving average and -0.98% away from the 200-day moving average. The market capitalization of the company currently stands at $390.89B.
With the price target enhanced from $160 to $209, DA Davidson Upgraded its rating from Neutral to Buy for Procter & Gamble Co (NYSE: PG). On October 10, 2024, DA Davidson recently initiated its ‘Neutral’ rating on the stock quoting a target price of $159, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Coombe Gary A, CEO – Grooming sold 47,847 shares of the company’s stock on Nov 27 ’24. The stock was sold for $8,604,685 at an average price of $179.84. Upon completion of the transaction, the CEO – Grooming now directly owns 39,977 shares in the company, valued at $6.64 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 21 ’24, Chief Human Resources Officer Purushothaman Balaji sold 12,800 shares of the business’s stock. A total of $2,210,972 was realized by selling the stock at an average price of $172.73. This leaves the insider owning 11,595 shares of the company worth $1.92 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 $146.28 and a high of $180.43. 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 $415977832448, which is based on a 28.63 price-to-earnings ratio, a 4.25 price-to-earnings-growth ratio, and a beta of 0.45. The fifty day moving average price for PG is $170.1162 and a two-hundred day moving average price translates $167.61604 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.
