For its fourth fiscal quarter (ending June 30), The Procter & Gamble Co (NYSE: PG) has reported E.P.S. of $1.30 compared to $1.40 a year ago. E.P.S. were $6.18 for the latest four quarters through June 30 versus $6.07 for the same period a year ago.
Recent Price Action
The Procter & Gamble Co (NYSE: PG) stock declined by -4.8% on 7/30/24. The shares closed at $161.70. Moreover, exceptionally high trading volume at 253% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -3.9% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Procter & Gamble has a very low Appreciation Score of 12 but a slightly positive Power Rating of 67, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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