News coverage about Procter & Gamble (NYSE:PG) has been trending somewhat positive on Tuesday, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Procter & Gamble earned a news sentiment score of 2.00 on their scale. InfoTrie also assigned press coverage about the company an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have effected Procter & Gamble’s score:
Several equities research analysts have weighed in on PG shares. Macquarie upped their price target on Procter & Gamble from $86.00 to $92.00 and gave the stock an “outperform” rating in a report on Monday, October 22nd. Societe Generale set a $87.00 price objective on Procter & Gamble and gave the stock a “hold” rating in a research report on Tuesday, October 23rd. UBS Group upped their price objective on Procter & Gamble from $82.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, October 22nd. Morgan Stanley set a $91.00 price objective on Procter & Gamble and gave the stock a “hold” rating in a research report on Monday, October 22nd. Finally, ValuEngine raised Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Wednesday, October 24th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $88.00.
Shares of NYSE:PG traded down $0.06 on Tuesday, hitting $91.14. 5,298,472 shares of the company’s stock were exchanged, compared to its average volume of 13,105,260. The stock has a market cap of $226.41 billion, a P/E ratio of 21.60, a P/E/G ratio of 2.95 and a beta of 0.37. Procter & Gamble has a 1-year low of $70.73 and a 1-year high of $93.14. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.62 and a current ratio of 0.80.
Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 19th. The company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. The firm had revenue of $16.69 billion during the quarter, compared to analysts’ expectations of $16.45 billion. Procter & Gamble had a return on equity of 21.20% and a net margin of 15.10%. The business’s revenue was up .2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.09 EPS. On average, equities research analysts predict that Procter & Gamble will post 4.41 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 15th. Investors of record on Friday, October 19th will be given a $0.7172 dividend. The ex-dividend date is Thursday, October 18th. This represents a $2.87 dividend on an annualized basis and a dividend yield of 3.15%. Procter & Gamble’s dividend payout ratio (DPR) is presently 68.01%.
In related news, Vice Chairman Jon R. Moeller sold 2,873 shares of the company’s stock in a transaction dated Monday, August 13th. The stock was sold at an average price of $81.35, for a total value of $233,718.55. Following the completion of the sale, the insider now directly owns 113,638 shares of the company’s stock, valued at approximately $9,244,451.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider R. Alexandra Keith sold 1,463 shares of the company’s stock in a transaction dated Friday, November 2nd. The shares were sold at an average price of $89.89, for a total value of $131,509.07. Following the completion of the sale, the insider now directly owns 45,018 shares of the company’s stock, valued at $4,046,668.02. The disclosure for this sale can be found here. Over the last three months, insiders sold 73,477 shares of company stock valued at $6,125,522. Insiders own 1.84% of the company’s stock.
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About Procter & Gamble
The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.
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