The Procter & Gamble Company (NYSE:PG) shares fell to a low of $136.13 before closing at $136.34. Intraday shares traded counted 5.88 million, which was 9.54% higher than its 30-day average trading volume of 6.50M. PG’s previous close was $136.55 while the outstanding shares total 2.49B. The firm has a beta of 0.38, a 12-month trailing P/E ratio of 26.07, and a growth ratio of 3.08. The stock’s Relative Strength Index (RSI) is 42.48, with weekly volatility at 1.33% and ATR at 2.02. The PG stock’s 52-week price range has touched low of $94.34 and a $146.92 high. The stock traded lower over the last trading session, losing -0.15% on 12/23/20.
Investors have identified the Household & Personal Products company The Procter & Gamble Company as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $334.77 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
The Procter & Gamble Company (PG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For PG, the company has in raw cash 13.39 billion on their books with 7.71 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 26.03 billion total, with 30.01 billion as their total liabilities.
PG were able to record 3.89 billion as free cash flow during the Q1 2021 quarter of the year, this saw their quarterly net cash flow reduce by -2.79 billion. In cash movements, the company had a total of 4.74 billion as operating cash flow.
Potential earnings growth for The Procter & Gamble Company (PG)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the Q1 2021 quarter of the year, The Procter & Gamble Company recorded a total of 19.32 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 7.87% coming in sequential stages and their sales for the Q1 2021 quarter increasing by 8.39%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 9.14 billion trying to sell their products during the last quarter, with the result yielding a gross income of 10.18 billion. This allows shareholders to hold on to 2.49B with the recently reported earning now reading 1.73 cents per share. This is a figure that compared to analyst’s prediction for their Q1 2021 (1.63 cents a share).
Having a look at the company’s valuation, the company is expected to record 5.98 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PG sounds very interesting.
Is the stock of PG attractive?
In related news, Director, PELTZ NELSON sold 306,567 shares of the company’s stock in a transaction that recorded on Nov 30. The sale was performed at an average price of 137.31, for a total value of 42,096,128. As the sale deal closes, the Chairman, President & CEO, Taylor David S now sold 30,000 shares of the company’s stock, valued at 4,327,857. Also, Chf Rsch, Dev & Innv Officer, Fish Kathleen B sold 34,513 shares of the company’s stock in a deal that was recorded on Nov 10. The shares were price at an average price of 140.00 per share, with a total market value of 4,831,820. Following this completion of acquisition, the Chairman, President & CEO, Taylor David S now holds 35,000 shares of the company’s stock, valued at 5,015,833. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
14 out of 24 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on The Procter & Gamble Company. 0 analysts has assigned a Sell rating on the PG stock. The 12-month mean consensus price target for the company’s shares has been set at $151.39.