Procter & Gamble (PG) Earning Somewhat Positive Press Coverage, Study Finds

Headlines about Procter & Gamble (NYSE:PG) have been trending somewhat positive recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Procter & Gamble earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.8094987820496 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news articles that may have effected Accern’s rankings:

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A number of equities research analysts have weighed in on the company. Vetr upgraded Procter & Gamble from a “buy” rating to a “strong-buy” rating and set a $96.92 target price for the company in a research report on Thursday, February 1st. Stifel Nicolaus upped their target price on Procter & Gamble from $87.00 to $88.00 and gave the stock a “hold” rating in a research report on Wednesday, January 24th. Berenberg Bank assumed coverage on Procter & Gamble in a research report on Wednesday, February 28th. They issued a “sell” rating and a $78.50 target price for the company. SunTrust Banks restated a “hold” rating and issued a $90.00 target price on shares of Procter & Gamble in a research report on Tuesday, January 23rd. Finally, Zacks Investment Research downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $86.07.

Shares of NYSE PG traded down $0.27 during trading on Monday, hitting $78.16. The company had a trading volume of 9,031,222 shares, compared to its average volume of 10,214,815. The stock has a market capitalization of $197,722.34, a P/E ratio of 19.94, a P/E/G ratio of 2.46 and a beta of 0.56. Procter & Gamble has a 52 week low of $75.81 and a 52 week high of $94.67. 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 posted its quarterly earnings results on Tuesday, January 23rd. The company reported $1.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.05. The company had revenue of $17.40 billion for the quarter, compared to analysts’ expectations of $17.39 billion. Procter & Gamble had a return on equity of 20.66% and a net margin of 15.34%. The firm’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.08 earnings per share. research analysts forecast that Procter & Gamble will post 4.18 earnings per share for the current year.

In other Procter & Gamble news, insider Deborah P. Majoras sold 4,591 shares of the business’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $87.48, for a total transaction of $401,620.68. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Marc S. Pritchard sold 46,842 shares of the business’s stock in a transaction on Wednesday, January 24th. The shares were 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. Over the last three months, insiders have sold 114,011 shares of company stock worth $9,710,976. Company insiders own 0.35% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Procter & Gamble (NYSE:PG)

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