宝洁(PG)定于周五公布季度财报
Procter & Gamble (NYSE:PG – Get Rating) will post its quarterly earnings results before the market opens on Friday, April 21st. Analysts expect Procter & Gamble to post earnings of $1.32 per share for the quarter. Procter & Gamble has set its FY 2023 guidance at $5.81-$6.04 EPS.Individual that wish to listen to the company's earnings conference call can do so using this link.
Procter & Gamble (NYSE:PG – Get Rating) last posted its quarterly earnings results on Thursday, January 19th. The company reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates of $1.58 by $0.01. Procter & Gamble had a return on equity of 32.03% and a net margin of 17.79%. The business had revenue of $20.77 billion for the quarter, compared to analysts' expectations of $20.75 billion. During the same quarter in the prior year, the business earned $1.66 EPS. The firm's revenue for the quarter was down .9% on a year-over-year basis. On average, analysts expect Procter & Gamble to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
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Procter & Gamble Stock Up 0.5 %
PG opened at $151.77 on Friday. Procter & Gamble has a 1-year low of $122.18 and a 1-year high of $164.90. The stock's fifty day simple moving average is $142.65 and its 200 day simple moving average is $141.95. The company has a current ratio of 0.56, a quick ratio of 0.37 and a debt-to-equity ratio of 0.47. The stock has a market cap of $358.05 billion, a PE ratio of 26.63, a price-to-earnings-growth ratio of 4.21 and a beta of 0.41.
Procter & Gamble Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 15th. Shareholders of record on Friday, April 21st will be given a dividend of $0.9407 per share. This is a boost from Procter & Gamble's previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Thursday, April 20th. This represents a $3.76 annualized dividend and a yield of 2.48%. Procter & Gamble's dividend payout ratio (DPR) is presently 65.96%.
Insider Activity
In related news, CEO Jon R. Moeller sold 2,151 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total transaction of $295,418.34. Following the transaction, the chief executive officer now owns 226,748 shares of the company's stock, valued at $31,141,570.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Susan Street Whaley sold 435 shares of Procter & Gamble stock in a transaction that occurred on Friday, February 3rd. The stock was sold at an average price of $141.82, for a total transaction of $61,691.70. Following the transaction, the insider now owns 10,840 shares of the company's stock, valued at $1,537,328.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jon R. Moeller sold 2,151 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total value of $295,418.34. Following the transaction, the chief executive officer now directly owns 226,748 shares in the company, valued at approximately $31,141,570.32. The disclosure for this sale can be found here. Insiders sold a total of 4,766 shares of company stock worth $656,511 over the last quarter. 0.26% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Morgan Stanley boosted its position in Procter & Gamble by 12.6% in the fourth quarter. Morgan Stanley now owns 44,320,700 shares of the company's stock worth $6,717,246,000 after purchasing an additional 4,959,527 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its position in shares of Procter & Gamble by 96,526.4% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 38,535,557 shares of the company's stock valued at $5,840,449,000 after buying an additional 38,495,676 shares during the last quarter. Norges Bank purchased a new position in shares of Procter & Gamble during the 4th quarter valued at $3,752,321,000. Charles Schwab Investment Management Inc. lifted its position in shares of Procter & Gamble by 1.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 15,938,327 shares of the company's stock valued at $2,435,377,000 after buying an additional 228,272 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its position in shares of Procter & Gamble by 2.0% during the 4th quarter. Lazard Asset Management LLC now owns 5,417,243 shares of the company's stock valued at $821,036,000 after buying an additional 104,386 shares during the last quarter. Hedge funds and other institutional investors own 62.13% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on PG. UBS Group increased their price objective on Procter & Gamble from $163.00 to $170.00 and gave the stock a "buy" rating in a research report on Thursday, April 6th. Barclays decreased their price target on Procter & Gamble from $161.00 to $158.00 and set an "overweight" rating on the stock in a research report on Monday, January 23rd. Stifel Nicolaus raised their price objective on Procter & Gamble from $139.00 to $147.00 and gave the company a "hold" rating in a research note on Friday, January 20th. StockNews.com began coverage on Procter & Gamble in a research note on Thursday, March 16th. They set a "hold" rating on the stock. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Procter & Gamble from $156.00 to $160.00 in a research note on Monday. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $156.00.
About Procter & Gamble
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Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.
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