The Procter & Gamble Company (NYSE:PG) Shares Climbs 1.89% in Pre-Market
- Author: Rita Burton Jan 21, 2017,
Jan 21, 2017, 0:42
The company's quarterly revenue was down.1% on a year-over-year basis.
Now insiders hold 6,119,985 shares in the business which makes up 0.23% of shares. Wells Fargo & Co. reissued a "market perform" rating on shares of Procter & Gamble Co.in a report on Thursday, December 1st.
In The Boeing Company (NYSE:BA) latest quarter ended on 30 Sep 2016, company revealed earnings of $3.51 a share. Jefferies Group set a $93.00 target price on Procter & Gamble Company (The) and gave the stock a "buy" rating in a research report on Monday, November 21st. Analysts mean target price for The Procter & Gamble Company (NYSE:PG) is $89.59 while their mean recommendation is 2.30 (1=Buy, 5=sell).
Some buy side analysts are also providing their Analysis on The Procter & Gamble Company, where 7 analysts have rated the stock as Strong buy, 5 analysts have given a Buy signal, 9 said it's a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell.
The Boeing Company (NYSE:BA) now has mean rating of 2.40 while 6 analysts have commented the shares as "BUY", 5 recommended as "OUTPERFORM" and 9 commented as "HOLD". It opened the session with a $58.34 price tag, later ranging from $58.29 to $58.63, the range at which the stock has traded at throughout the day. The stock's 50 day moving average is $84.16 and its 200-day moving average is $85.92. Over the last six months and over the last three months, the shares of The Procter & Gamble Company (PG), have changed 0.10% and -2.56%, respectively.
The share price of Procter & Gamble Company (The) (NYSE:PG) was down -0.60% during the last trading session, with a day high of 84.66.More news: SpaceX launch as filmed from 8500ft above ground
6 number of analysts have estimated the sales of the company for the quarter ending Jan 20, 2017, analysts estimated mean sale target of 17324.9 million while high and low sale targets are estimated at 17709 million and 17093 million respectively. Procter & Gamble Company (The) had a net margin of 16.27% and a return on equity of 17.95%.
The pace of organic growth is seen falling to 1.4% from last quarter's 3% increase. For the next 5 years, the company is expected to grow by 7.8 percent. Shareholders of record on Friday, January 20th will be paid a $0.6695 dividend. That figure came to 2% for the quarter, marking a slight slowdown from the prior quarter's 3% gain. The ex-dividend date of this dividend is Wednesday, January 18th. Procter & Gamble Co.'s payout ratio is now 71.66%.
The company announced its last quarter financial performance results on 10/25/2016. The stock was sold at an average price of $86.90, for a total value of $267,738.90.
A number of other large investors have also recently added to or reduced their stakes in PG. The high end of the earnings forecast is $0.43 per share and low end is $0.16 per share. The biggest holder now is Alan G Lafley who owns 542,519 shares (0.02% of those outstanding), whilst Bruce L. Byrnes holds 458,585 (0.02% of shares outstanding) and Evriviades D. Panayotopoulos holds 274,653 (0.01% of shares outstanding).
Saddle Road Partners LLC maintained its stake in Procter & Gamble Co. Punch & Associates Investment Management Inc. raised its position in Procter & Gamble Co.by 1.5% in the second quarter. (RAI). The consensus rating is 2.2, suggesting the market has given up on the stock. Evanson Asset Management LLC increased its stake in Procter & Gamble Company (The) by 0.4% in the third quarter. The Market Cap of the company stands at 227.56 Billion. Institutional investors and hedge funds own 67.27% of the company's stock. LLC boosted its stake in shares of Procter & Gamble Company (The) by 259.5% in the second quarter.