Headlines about Procter & Gamble (NYSE:PG) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Procter & Gamble earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.0807543347506 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s rankings:
Several research firms have issued reports on PG. Jefferies Group restated a “buy” rating and set a $99.00 target price on shares of Procter & Gamble in a research note on Monday, December 18th. Wells Fargo restated a “hold” rating and set a $88.00 target price on shares of Procter & Gamble in a research note on Sunday, December 17th. Deutsche Bank assumed coverage on shares of Procter & Gamble in a research note on Tuesday, December 19th. They issued a “buy” rating and a $91.88 price objective on the stock. Zacks Investment Research upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $102.00 price objective on the stock in a research note on Monday, January 8th. Finally, Goldman Sachs upgraded shares of Procter & Gamble from a “sell” rating to a “neutral” rating and set a $77.00 price objective on the stock in a research note on Tuesday, January 16th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $87.18.
Procter & Gamble (PG) traded down $0.35 during midday trading on Tuesday, reaching $78.31. 8,465,499 shares of the company’s stock were exchanged, compared to its average volume of 10,141,332. Procter & Gamble has a 12 month low of $77.90 and a 12 month high of $94.67. The company has a market cap of $199,083.69, a PE ratio of 20.94, a price-to-earnings-growth ratio of 2.46 and a beta of 0.58. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.79 and a current ratio of 0.94.
Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, January 23rd. The company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.05. Procter & Gamble had a net margin of 15.34% and a return on equity of 20.66%. The company had revenue of $17.40 billion for the quarter, compared to analysts’ expectations of $17.39 billion. During the same quarter last year, the business earned $1.08 EPS. The firm’s revenue was up 3.2% compared to the same quarter last year. sell-side analysts predict that Procter & Gamble will post 4.21 earnings per share for the current fiscal year.
In other Procter & Gamble news, Vice Chairman Jon R. Moeller sold 3,252 shares of the firm’s stock in a transaction that occurred on Thursday, March 1st. The shares were sold at an average price of $78.59, for a total transaction of $255,574.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Marc S. Pritchard sold 46,842 shares of the firm’s stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $89.01, for a total transaction of $4,169,406.42. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 114,011 shares of company stock worth $9,710,976. 0.35% of the stock is owned by company 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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