Headlines about Procter & Gamble (NYSE:PG) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Procter & Gamble earned a news impact score of 0.11 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.4364954287715 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern’s analysis:
PG has been the topic of several research reports. Jefferies Group reissued a “buy” rating and issued a $104.00 target price (up from $103.00) on shares of Procter & Gamble in a research report on Wednesday, September 20th. Zacks Investment Research downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Goldman Sachs Group reissued a “sell” rating on shares of Procter & Gamble in a research report on Wednesday, October 4th. Vetr lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 price target on the stock. in a report on Tuesday, November 7th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Procter & Gamble in a report on Monday, October 23rd. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $87.81.
Procter & Gamble (PG) opened at $91.41 on Tuesday. Procter & Gamble has a 1 year low of $82.48 and a 1 year high of $94.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91. The firm has a market cap of $231,900.00, a PE ratio of 22.70, a P/E/G ratio of 2.91 and a beta of 0.67.
Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, October 20th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.02. The firm had revenue of $16.65 billion during the quarter, compared to the consensus estimate of $16.69 billion. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The company’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.03 EPS. analysts forecast that Procter & Gamble will post 4.17 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Friday, October 20th were issued a $0.6896 dividend. The ex-dividend date of this dividend was Thursday, October 19th. This represents a $2.76 dividend on an annualized basis and a yield of 3.02%. Procter & Gamble’s payout ratio is 73.80%.
In other Procter & Gamble news, insider Carolyn M. Tastad sold 5,300 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $89.18, for a total value of $472,654.00. Following the completion of the transaction, the insider now owns 57,191 shares of the company’s stock, valued at approximately $5,100,293.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the firm’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $92.98, for a total transaction of $265,550.88. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,575 shares of company stock valued at $1,927,095. 0.35% of the stock is owned by insiders.
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About Procter & Gamble
The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.
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