Equities analysts forecast that Procter & Gamble Co (NYSE:PG) will report earnings per share of $1.00 for the current fiscal quarter, according to Zacks. Eight analysts have issued estimates for Procter & Gamble’s earnings. The highest EPS estimate is $1.03 and the lowest is $0.98. Procter & Gamble reported earnings per share of $0.96 during the same quarter last year, which would suggest a positive year over year growth rate of 4.2%. The company is expected to issue its next quarterly earnings report on Wednesday, April 25th.
According to Zacks, analysts expect that Procter & Gamble will report full year earnings of $4.21 per share for the current fiscal year, with EPS estimates ranging from $4.19 to $4.22. For the next year, analysts expect that the firm will report earnings of $4.53 per share, with EPS estimates ranging from $4.45 to $4.60. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Procter & Gamble.
Procter & Gamble (NYSE:PG) last announced its earnings results on Tuesday, January 23rd. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.05. The firm had revenue of $17.40 billion for the quarter, compared to analysts’ expectations of $17.39 billion. Procter & Gamble had a net margin of 15.34% and a return on equity of 20.66%. The business’s revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.08 EPS.
In other Procter & Gamble news, Vice Chairman Jon R. Moeller sold 3,252 shares of the company’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $78.59, for a total value of $255,574.68. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Marc S. Pritchard sold 46,842 shares of the company’s stock in a transaction dated 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. Insiders sold a total of 114,011 shares of company stock worth $9,710,976 over the last three months. 0.35% of the stock is currently owned by corporate insiders.
A number of hedge funds have recently modified their holdings of the business. Signature Estate & Investment Advisors LLC bought a new position in shares of Procter & Gamble during the fourth quarter valued at approximately $103,000. Asset Planning Services Ltd. boosted its stake in shares of Procter & Gamble by 0.4% during the second quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock valued at $104,000 after purchasing an additional 5 shares in the last quarter. Earnest Partners LLC bought a new position in shares of Procter & Gamble during the fourth quarter valued at approximately $110,000. Cerebellum GP LLC bought a new position in shares of Procter & Gamble during the fourth quarter valued at approximately $122,000. Finally, Harding Loevner LP bought a new position in shares of Procter & Gamble during the second quarter valued at approximately $119,000. Institutional investors and hedge funds own 60.11% of the company’s stock.
Shares of Procter & Gamble (PG) traded up $0.32 during midday trading on Friday, hitting $80.29. 7,660,000 shares of the stock traded hands, compared to its average volume of 11,150,000. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.94 and a quick ratio of 0.79. The stock has a market cap of $202,410.00, a PE ratio of 20.43, a price-to-earnings-growth ratio of 2.50 and a beta of 0.58. Procter & Gamble has a 52-week low of $77.90 and a 52-week high of $94.67.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Friday, January 19th were given a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date was Thursday, January 18th. Procter & Gamble’s dividend payout ratio (DPR) is currently 70.23%.
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Procter & Gamble Company Profile
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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