Press coverage about Procter & Gamble (NYSE:PG) has trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Procter & Gamble earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.5825815559335 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- P&G’s new Greater Cincinnati parking lot sets global standard (finance.yahoo.com)
- P&G helps Swiffer up after major flood in Cincinnati (finance.yahoo.com)
- Procter & Gamble Co (PG) Shares Sold by Wimmer Associates 1 LLC (americanbankingnews.com)
- Procter & Gamble (PG) Receives New Coverage from Analysts at Berenberg Bank (americanbankingnews.com)
- [$$] Consumer goods: big brands battle with the ‘little guys’ (finance.yahoo.com)
Several research analysts have recently commented on PG shares. Deutsche Bank started coverage on Procter & Gamble in a report on Wednesday, December 13th. They set a “buy” rating and a $101.00 price objective for the company. JPMorgan Chase & Co. boosted their price objective on Procter & Gamble from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Wednesday, January 24th. Morgan Stanley boosted their price objective on Procter & Gamble from $90.00 to $92.00 and gave the stock an “equal weight” rating in a report on Thursday, January 25th. Zacks Investment Research raised Procter & Gamble from a “hold” rating to a “buy” rating and set a $102.00 price objective for the company in a report on Monday, January 8th. Finally, Goldman Sachs Group raised Procter & Gamble from a “sell” rating to a “neutral” rating and set a $77.00 price objective for the company in a report on Tuesday, January 16th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Procter & Gamble has a consensus rating of “Buy” and an average price target of $87.57.
Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, January 23rd. The company reported $1.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.14 by $0.05. Procter & Gamble had a return on equity of 20.66% and a net margin of 15.34%. The company had revenue of $17.40 billion during the quarter, compared to the consensus estimate of $17.39 billion. During the same quarter in the previous year, the company posted $1.08 EPS. Procter & Gamble’s quarterly revenue was up 3.2% compared to the same quarter last year. research analysts anticipate that Procter & Gamble will post 4.21 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Friday, January 19th were given a $0.6896 dividend. The ex-dividend date was Thursday, January 18th. This represents a $2.76 annualized dividend and a yield of 3.51%. Procter & Gamble’s payout ratio is currently 70.23%.
In other Procter & Gamble news, insider Deborah P. Majoras sold 4,591 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $87.48, for a total value of $401,620.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kathleen B. Fish sold 10,192 shares of the business’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $86.97, for a total value of $886,398.24. The disclosure for this sale can be found here. Insiders sold 108,406 shares of company stock valued at $9,270,479 in the last quarter. Corporate insiders own 0.35% of the company’s stock.
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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