The Procter & Gamble Co (NYSE: PG) has reported earnings for its first fiscal quarter (ending September 30) of $1.65 versus $1.89 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $5.95 versus $6.33 for the same period a year ago.
Recent Price Action
The Procter & Gamble Co (NYSE: PG) stock declined slightly by -0.6% on 10/18/24. The stock closed at $171.28. Moreover, above average trading volume at 126% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months and has risen 1.4% 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Procter & Gamble has a very low Appreciation Score of 15 but a slightly positive Power Rating of 61, producing the Negative Value Trend Rating.
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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