The Procter & Gamble Company (NYSE:PG) registered a 0.14% increase, still its new closing price is 14.52% up from the company’s 1 year high of 88.93.It posted -0.83% losses in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 7 buy or better ratings. The 21 stock analysts following this company have an average price target at $90.53, with individual PT in the $76.00-$106.00 range. The shares moved at $86.72, implying that brokerage firms see shares gaining about 12.13% in twelve months time.
The Procter & Gamble Company (PG) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 3.96% rise year to date. A Global Sales Officer, CBD at The Procter & Gamble Company (PG) offloaded shares in a transaction closed on Tuesday January 24, 2017. Schomburger Jeffrey K sold 36,227 shares in the company at $87.5 each and collected $3,169,001 in proceeds. Schomburger Jeffrey K now owns 56,765 shares in the company after this transaction. A Group President Global Health in the company, Bishop Steven D, disclosed a transaction on Monday January 23, 2017 that ended up generating $4,153,000 from the sale of 47,748 shares at $86.98 per share.
The Procter & Gamble Company (NYSE:PG) Upcoming Results on Tap
The Procter & Gamble Company will next provide financial results for the September 2017 quarter. Stock analysts expect it to report per-share earnings of $1.10 in that period. Sales during the quarter are predicted to arrive at $16.66 billion.
Earnings surprise history: Last quarter, the company posted approximately $16.86 billion in revenue and EPS of $1.08. The mean forecast was for $16.77 billion and $1.06 a share, respectively. One quarter earlier, revenue for the stock was at $16.52 billion, with earnings at $1.03/share.
The Procter & Gamble Company (PG) Brokerage Update
The Procter & Gamble Company (PG) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sell from Neutral by Goldman, according to news reported on Monday January 09, 2017.Another important research note was issued by SunTrust on Thursday December 22, 2016.The firm downgraded PG to Hold from Buy. Over the last six months and over the last three months, the shares of The Procter & Gamble Company (PG), have changed 3.86% and 0.01%, respectively.