Equities analysts expect Procter & Gamble Company (The) (NYSE:PG) to announce $1.07 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for Procter & Gamble Company (The)’s earnings. The lowest EPS estimate is $1.04 and the highest is $1.09. Procter & Gamble Company (The) posted earnings per share of $1.03 during the same quarter last year, which suggests a positive year over year growth rate of 3.9%. The company is scheduled to issue its next earnings results on Tuesday, October 24th.

On average, analysts expect that Procter & Gamble Company (The) will report full-year earnings of $4.17 per share for the current fiscal year, with EPS estimates ranging from $4.15 to $4.20. For the next year, analysts anticipate that the firm will post earnings of $4.44 per share, with EPS estimates ranging from $4.39 to $4.50. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Procter & Gamble Company (The).

Procter & Gamble Company (The) (NYSE:PG) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. The business had revenue of $16.08 billion during the quarter, compared to the consensus estimate of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The company’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.79 earnings per share.

Several brokerages have recently weighed in on PG. Jefferies Group LLC reaffirmed a “buy” rating and issued a $103.00 target price on shares of Procter & Gamble Company (The) in a report on Thursday, September 7th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $80.00 price objective on shares of Procter & Gamble Company (The) in a research note on Wednesday, September 6th. BidaskClub upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research note on Saturday, August 19th. Zacks Investment Research cut shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $100.00 price objective (up previously from $98.00) on shares of Procter & Gamble Company (The) in a research note on Sunday, July 30th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $88.10.

In other news, Vice Chairman Jon R. Moeller sold 6,063 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total value of $558,038.52. Following the completion of the transaction, the insider now owns 120,734 shares of the company’s stock, valued at $11,112,357.36. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Valarie L. Sheppard sold 20,175 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total transaction of $1,869,213.75. The disclosure for this sale can be found here. In the last three months, insiders sold 45,792 shares of company stock valued at $4,216,070. Company insiders own 0.35% of the company’s stock.

Several large investors have recently bought and sold shares of PG. Capital Research Global Investors raised its position in shares of Procter & Gamble Company (The) by 74.2% in the second quarter. Capital Research Global Investors now owns 12,389,104 shares of the company’s stock valued at $1,079,710,000 after buying an additional 5,278,359 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Procter & Gamble Company (The) by 1,244.6% in the second quarter. Janus Henderson Group PLC now owns 4,500,564 shares of the company’s stock valued at $392,226,000 after buying an additional 4,165,862 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Procter & Gamble Company (The) by 2.3% in the second quarter. Vanguard Group Inc. now owns 180,730,770 shares of the company’s stock valued at $15,750,688,000 after buying an additional 4,066,266 shares during the last quarter. BlackRock Inc. raised its position in shares of Procter & Gamble Company (The) by 1.4% in the second quarter. BlackRock Inc. now owns 156,361,011 shares of the company’s stock valued at $13,626,862,000 after buying an additional 2,164,426 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its position in shares of Procter & Gamble Company (The) by 30.6% in the second quarter. Parametric Portfolio Associates LLC now owns 6,349,258 shares of the company’s stock valued at $553,334,000 after buying an additional 1,487,095 shares during the last quarter. 59.33% of the stock is owned by institutional investors and hedge funds.

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Procter & Gamble Company (NYSE PG) opened at 93.55 on Thursday. The firm has a 50 day moving average of $91.88 and a 200-day moving average of $89.52. Procter & Gamble Company has a 12 month low of $81.18 and a 12 month high of $94.19. The firm has a market cap of $238.55 billion, a P/E ratio of 16.73 and a beta of 0.68.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Friday, July 21st were given a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date was Wednesday, July 19th. Procter & Gamble Company (The)’s dividend payout ratio is presently 49.37%.

About Procter & Gamble Company (The)

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

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Earnings History and Estimates for Procter & Gamble Company (The) (NYSE:PG)

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