Procter & Gamble Company (The) (NYSE:PG) is scheduled to be releasing its earnings data before the market opens on Friday, October 20th. Analysts expect Procter & Gamble Company (The) to post earnings of $1.08 per share for the quarter. Procter & Gamble Company (The) has set its FY18 guidance at $4.12-4.19 EPS.

Procter & Gamble Company (The) (NYSE:PG) last posted its quarterly earnings data on Thursday, July 27th. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The business had revenue of $16.08 billion during the quarter, compared to the consensus estimate of $16.01 billion. During the same quarter last year, the company posted $0.79 earnings per share. The firm’s quarterly revenue was down .1% compared to the same quarter last year. On average, analysts expect Procter & Gamble Company (The) to post $4.17 EPS for the current fiscal year and $4.46 EPS for the next fiscal year.

Shares of Procter & Gamble Company (NYSE PG) opened at 92.15 on Friday. The stock has a market cap of $234.98 billion, a P/E ratio of 16.48 and a beta of 0.67. The company’s 50-day moving average is $92.52 and its 200-day moving average is $89.78. Procter & Gamble Company has a 12-month low of $81.18 and a 12-month high of $94.67.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Friday, October 20th will be paid a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend is Thursday, October 19th. Procter & Gamble Company (The)’s payout ratio is 49.37%.

A number of equities analysts recently issued reports on the stock. Capital One Financial Corporation cut shares of Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $5.00 to $2.00 in a research note on Thursday, June 22nd. Jefferies Group LLC restated a “buy” rating and set a $92.44 target price (down previously from $103.00) on shares of Procter & Gamble Company (The) in a research note on Thursday, August 17th. Royal Bank Of Canada restated a “hold” rating and set a $80.00 target price on shares of Procter & Gamble Company (The) in a research note on Friday, June 30th. Sanford C. Bernstein restated an “outperform” rating and set a $100.00 target price (up previously from $98.00) on shares of Procter & Gamble Company (The) in a research note on Sunday, July 30th. Finally, BidaskClub upgraded shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Two analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $89.28.

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In other news, SVP Valarie L. Sheppard sold 20,175 shares of the company’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total transaction of $1,869,213.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Suranjan Magesvaran sold 10,512 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $91.00, for a total transaction of $956,592.00. The disclosure for this sale can be found here. Insiders have sold a total of 45,792 shares of company stock valued at $4,216,070 in the last ninety days. Insiders own 0.35% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PG. Capital Research Global Investors increased its position in shares of Procter & Gamble Company (The) by 74.2% during the 2nd quarter. Capital Research Global Investors now owns 12,389,104 shares of the company’s stock valued at $1,079,710,000 after purchasing an additional 5,278,359 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of Procter & Gamble Company (The) by 1,244.6% during the 2nd quarter. Janus Henderson Group PLC now owns 4,500,564 shares of the company’s stock valued at $392,226,000 after purchasing an additional 4,165,862 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Procter & Gamble Company (The) by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 180,730,770 shares of the company’s stock valued at $15,750,688,000 after purchasing an additional 4,066,266 shares during the last quarter. BlackRock Inc. increased its position in shares of Procter & Gamble Company (The) by 1.4% during the 2nd quarter. BlackRock Inc. now owns 156,361,011 shares of the company’s stock valued at $13,626,862,000 after purchasing an additional 2,164,426 shares during the last quarter. Finally, Parametric Portfolio Associates LLC increased its position in shares of Procter & Gamble Company (The) by 30.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 6,349,258 shares of the company’s stock valued at $553,334,000 after purchasing an additional 1,487,095 shares during the last quarter. 59.30% of the stock is owned by hedge funds and other institutional investors.

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.

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

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