For its third fiscal quarter (ending March 31), The Procter & Gamble Co (NYSE: PG) has reported E.P.S. of $1.56 compared to $1.41 a year ago. E.P.S. were $6.29 for the latest four quarters through March 31 versus $5.91 for the same period a year ago.
Recent Price Action
On 4/19/24, The Procter & Gamble Co (NYSE: PG) stock rose modestly by 0.5%, closing at $158.14. Moreover, this advance was accompanied by unusually high trading volume at 195% of normal. The stock has performed in line with the market over the last nine months and has risen 1.5% during the last week.
Current PriceTarget Research Rating
PG is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Procter & Gamble has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Procter & Gamble has a very low Appreciation Score of 11 but a neutral Power Rating of 51, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment