Stocks of Procter & Gamble Co (NYSE:PG) traded higher last session on Wall Street, up 0.74% to $175.95.
PG stock price is now 5.18% away from the 50-day moving average and 4.19% away from the 200-day moving average. The market capitalization of the company currently stands at $412.58B.
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 35,000 shares of the company’s stock on Feb 28 ’25. The stock was sold for $6,078,653 at an average price of $173.68. Upon completion of the transaction, the CEO – Grooming now directly owns 22,051 shares in the company, valued at $3.88 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 26 ’25, Officer Coombe Gary A bought 53,593 shares of the business’s stock. A total of $9,185,036 was incurred on buying the stock at an average price of $171.39. 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 $153.52 and a high of $180.43. As of last week, the company has a debt-to-equity ratio of 0.68, a current ratio of 0.76, and a quick ratio of 0.55.
The net profit margin was 18.01% and return on equity was 31.05% for PG. The company reported revenue of $21.88 billion for the quarter, compared to $21.44 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.06 percent.
