Current The Procter & Gamble Company (PG) PT Means Stock Is Worth Almost $95

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The Procter & Gamble Company (PG) down -1.03 per cent in the past week, is under coverage of 24 analysts who collectively recommend a hold rating on stock. 10 of the analysts have a buy or better rating; the 11 sells versus 3 holds. The 19 equity analysts who rate the stock have an average target price at $84.79, with individual targets ranging between $74 and $95. The shares closed last trade at $80.12, implying that analysts see shares rising about 5.83 per cent in 12 months’ time.

Insider Activity: Insiders look pessimistic about the prospects of the company that they seem to offload shares while they are 2.61 up so far this year. A President – LA SMO at The Procter & Gamble Company (PG) sold shares in the company in a transaction completed on Monday February 29, 2016. Posada Juan Fernando offloaded 6,057 shares in the company at an average price of $80.99 and ended up generating $490,551 in proceeds. Posada Juan Fernando retains 16,452 shares in the company after this transaction. A Chief Technology Officer in the company, Fish Kathleen B, on Monday February 29, 2016 collected $128,834 from the sale of 1,601 shares at $80.99 each. Insiders are expected to know better about the health and prospects of their company, which is why insiders’ move deserves attention.

Earnings to Watch: Investors considering PG stock at the going market price of $80.12/share should know the stock will next release quarterly results for the June 2016 quarter. For the reporting quarter, analysts expect the company to deliver $0.74 in earnings per share (EPS). That would represent a -20.43% year-over-year decrease Revenue for the same period is expected to arrive at $15.84B.

Earnings Roundup: In the last fiscal quarter alone, The Procter & Gamble Company generated around $15.76B in revenue and net income of $0.86/share. That compares with the consensus estimate $15.81B and $0.82/share, respectively. For the three months through December 2015, revenue for the company hit $16.92B, with earnings at $1.04/share.

Analyst Coverage: Sterne Agee CRT has been a brokerage house following shares of The Procter & Gamble Company (PG), so its rating change is noteworthy. The stock was upgraded to Buy from Neutral, wrote analysts at Sterne Agee CRT, in a note issued to clients on Tuesday February 16, 2016. There was another key note issued by Stifel on Tuesday January 19, 2016. The firm lifted its rating on PG from Hold to Buy.

Price Momentum: Despite the 0.45% increase in value, the stock’s new closing price represents a -4.28% fall in value from company’s one year high of $83.87. The stock is currently holding below its 50 day moving average of $82.18 and above its 200 day moving average of $79.24. Over the last three months and over the last six months, the shares of The Procter & Gamble Company (PG), have changed -1.12% and 6.5, respectively.

 

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