The price of Procter & Gamble Co. (NYSE:PG) shares last traded on Wall Street rose 0.35% to $168.26.
PG stock price is now 2.66% away from the 50-day moving average and 8.28% away from the 200-day moving average. The market capitalization of the company currently stands at $397.12B.
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With the price target enhanced from $160 to $175, Truist Upgraded its rating from Hold to Buy for Procter & Gamble Co. (NYSE: PG). , while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Raman Sundar G., CEO-Fabric & Home Care sold 31,924 shares of the company’s stock on May 20 ’24. The stock was sold for $5,329,788 at an average price of $166.95. Upon completion of the transaction, the CEO-Fabric & Home Care now directly owns 19,042 shares in the company, valued at $3.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’24, Chf Rsch, Dev & Innov Officer Aguilar Moses Victor Javier sold 9,149 shares of the business’s stock. A total of $1,534,449 was realized by selling the stock at an average price of $167.72. This leaves the insider owning 12,929 shares of the company worth $2.18 million. 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 $141.45 and a high of $168.97. As of last week, the company has a debt-to-equity ratio of 0.64, a current ratio of 0.69, and a quick ratio of 0.48. According to the stock market information, the enterprise value for the company is $423346372608, which is based on a 27.51 price-to-earnings ratio, a 3.47 price-to-earnings-growth ratio, and a beta of 0.40. The fifty day moving average price for PG is $164.1282 and a two-hundred day moving average price translates $155.4702 for the stock.
The latest earnings results from Procter & Gamble Co. (NYSE: PG) was released for 2024-03-31. The net profit margin was 17.66% and return on equity was 31.78% for PG. The company reported revenue of $20.2 billion for the quarter, compared to $20.07 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.63 percent.
