In Friday’s Wall Street session, Procter & Gamble Co (NYSE:PG) shares traded at $170.23, up 1.81% from the previous session.
PG stock price is now 2.14% away from the 50-day moving average and 1.02% away from the 200-day moving average. The market capitalization of the company currently stands at $399.16B.
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With the price target enhanced from $160 to $209, DA Davidson Upgraded its rating from Neutral to Buy for Procter & Gamble Co (NYSE: PG). On October 10, 2024, DA Davidson recently initiated its ‘Neutral’ rating on the stock quoting a target price of $159, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Janzaruk Matthew W., Officer bought 4,500 shares of the company’s stock on Feb 04 ’25. The stock was bought for $746,640 at an average price of $165.92. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 23 ’25, Chief Brand Officer Pritchard Marc S. sold 90,450 shares of the business’s stock. A total of $14,819,030 was realized by selling the stock at an average price of $163.84. This leaves the insider owning 172,814 shares of the company worth $29.42 million. A total of 0.08% of the company’s stock is owned by insiders.
During the past 12 months, Procter & Gamble Co has had a low of $153.52 and a high of $180.43. As of last week, the company has a debt-to-equity ratio of 0.68, a current ratio of 0.76, and a quick ratio of 0.55.
The net profit margin was 18.01% and return on equity was 31.05% for PG. The company reported revenue of $21.88 billion for the quarter, compared to $21.44 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.06 percent.
