Analysts researching equities forecast that PG is going to publish $18.19B in sales for the present fiscal quarter. Estimates have been provided by 6 analysts. The estimates range between $18.52B and $17.73B. Last year, during the same period, $17.70B in quarterly sales was reported. Its next earnings report for the quarter is going to be posted on 29th July, Thursday.
Detailed Commentary On PG Stock
Analysts are forecasting $75.38B as annual sales for the present fiscal year. Estimates range between $74.91B and $75.69B. Estimates for the upcoming fiscal quarter range between $76.54B and $78.68B with the average being $77.72B.
Its latest earnings results were posted on 19th April, Monday. An EPS of $1.26 was reported beating the consensus $1.19 estimate. An $18.10B quarterly revenue was reported as well. It also had a 31.71$ equity return and an 18.97% net margin.
Several research analysts have issued their reports on the PG stock. Morgan Stanley reduced their target price to $155 from $165 while issuing a rating of “overweight” on 19th April, Monday. JPMorgan Chase & Co. decreased their objective price to $148 from $153 while issuing a rating of “overweight” on 16th April, Friday. Citigroup decreased their rating to “neutral” from “buy” on 21st April, Wednesday. Deutsche Bank Aktiengesellschaft decreased their target price to $158 from $159 while issuing a rating of “buy” on 21st April, Wednesday.
On Friday, PG shares started trading at a value of $135.85. The market capitalization value stands at $332.59B with a 0.43 beta. The moving average over a period of 50 days stands at $135.69. The highest and lowest value of the stock over a period of one year stands at $146.92 and $113.76 respectively. A dividend for the quarter was also announced recently that was sent to shareholders on 17th May, Monday.
