Earnings and Growth Analysis : The Procter & Gamble (NYSE:PG)

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Earnings results for The Procter & Gamble (NYSE:PG)

Procter & Gamble Company (The) is expected* to report earnings on 10/20/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 8 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.43. The reported EPS for the same quarter last year was $1.37.

The Procter & Gamble last released its earnings results on July 30th, 2020. The reported $1.16 EPS for the quarter, beating the consensus estimate of $1.01 by $0.15. The company had revenue of $17.70 billion for the quarter, compared to the consensus estimate of $16.97 billion. Its quarterly revenue was up 3.5% compared to the same quarter last year. The Procter & Gamble has generated $5.12 earnings per share over the last year and currently has a price-to-earnings ratio of 28.6. The Procter & Gamble has confirmed that its next quarterly earnings report will be published on Tuesday, October 20th, 2020.

Analyst Opinion on The Procter & Gamble (NYSE:PG)

15 Wall Street analysts have issued ratings and price targets for The Procter & Gamble in the last 12 months. Their average twelve-month price target is $138.63, predicting that the stock has a possible downside of 2.31%. The high price target for PG is $166.00 and the low price target for PG is $120.00. There are currently 3 hold ratings and 12 buy ratings for the stock, resulting in a consensus rating of “Buy.”

The Procter & Gamble has received a consensus rating of Buy. The company’s average rating score is 2.80, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings. According to analysts’ consensus price target of $138.63, The Procter & Gamble has a forecasted downside of 2.3% from its current price of $141.91. The Procter & Gamble has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: The Procter & Gamble (NYSE:PG)

The Procter & Gamble pays a meaningful dividend of 2.19%, higher than the bottom 25% of all stocks that pay dividends. The Procter & Gamble has been increasing its dividend for 27 years. The dividend payout ratio of The Procter & Gamble is 61.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Procter & Gamble will have a dividend payout ratio of 54.58% next year. This indicates that The Procter & Gamble will be able to sustain or increase its dividend.

Insiders buying/selling: The Procter & Gamble (NYSE:PG)

In the past three months, The Procter & Gamble insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $36,738,374.00 in company stock. Only 0.70% of the stock of The Procter & Gamble is held by insiders. 62.81% of the stock of The Procter & Gamble is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of The Procter & Gamble (NYSE:PG

Earnings for The Procter & Gamble are expected to grow by 7.22% in the coming year, from $5.40 to $5.79 per share. The P/E ratio of The Procter & Gamble is 28.61, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.66. The P/E ratio of The Procter & Gamble is 28.61, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 50.21. The Procter & Gamble has a PEG Ratio of 3.45. PEG Ratios above 1 indicate that a company could be overvalued. The Procter & Gamble has a P/B Ratio of 7.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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