While Procter & Gamble Co has overperformed by 0.87%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PG rose by 18.69%, with highs and lows ranging from $180.43 to $142.50, whereas the simple moving average jumped by 3.19% in the last 200 days.
On November 25, 2024, DA Davidson Upgraded Procter & Gamble Co (NYSE: PG) to Buy. A report published by DA Davidson on October 10, 2024, Initiated its previous ‘Neutral’ rating for PG. Barclays also Downgraded PG shares as ‘Equal Weight’, setting a target price of $163 on the company’s shares in a report dated September 30, 2024. Piper Sandler Initiated an Neutral rating on September 24, 2024, and assigned a price target of $174. DZ Bank August 29, 2024d its ‘Hold’ rating to ‘Buy’ for PG, as published in its report on August 29, 2024. Jefferies’s report from July 24, 2024 suggests a price prediction of $175 for PG shares, giving the stock a ‘Hold’ rating. TD Cowen also rated the stock as ‘Buy’.
Analysis of Procter & Gamble Co (PG)
Investors in Procter & Gamble Co will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $3.96 per share. Further, the quarter-over-quarter decrease in sales is -0.61%, showing a negative trend in the upcoming months.
One of the most important indicators of Procter & Gamble Co’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 28.77% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.55, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and PG is recording 7.06M average volume. On a monthly basis, the volatility of the stock is set at 1.38%, whereas on a weekly basis, it is put at 1.51%, with a loss of -1.79% over the past seven days. Furthermore, long-term investors anticipate a median target price of $182.36, showing growth from the present price of $172.28, which can serve as yet another indication of whether PG is worth investing in or should be passed over.
How Do You Analyze Procter & Gamble Co Shares?
The Household & Personal Products market is dominated by Procter & Gamble Co (PG) based in the USA. When comparing Procter & Gamble Co shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 29.71, there is a growth in quarterly earnings of -12.11%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.06%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 68.71% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PG shares are owned by institutional investors to the tune of 68.71% at present.
