[at Bloomberg] – Procter & Gamble Co. Chief Executive Officer A.G. Lafley, under pressure to revive the consumer- products giant, may have a willing buyer for its Iams pet-food unit in Meow Mix maker Del Monte Foods Co….
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The Procter & Gamble Company (PG), valued at $221.73B, started the session at $80.34.
Looking at today’s trading action, the company’s one day range from $80.25 to $80.96 with a trailing 52-week range being $65.83 to $82.54.
PG shares are currently priced at 18.41x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 26.65x earnings multiple.
And for those looking to make a return holding the stock, the company pays shareholders $2.41 per share annually in dividends, yielding 3.00%.
According to a consensus of 20 analysts, the earnings estimate of $1.05 per share would be $0.01 worse than the year-ago quarter and a $0.07 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $4.29 is a $0.24 better when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $21.05 Billion. If reported, that would be a 1.49% increase over the year-ago quarter.
In terms of ratings, Standpoint Research downgraded PG from Hold to Sell (May 24, 2013).
Previously, UBS upgraded PG from Neutral to Buy.
When considering if perhaps the stock is under or overvalued, the average price target is $85.76, which is 6.75% above where the stock opened this morning.
The Procter & Gamble Company (NYSE:PG), together with its subsidiaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care and Baby Care and Family Care.
Tag Helper ~ Stock Code: PG | Common Company name: Procter & Gamble | Full Company name: The Procter & Gamble Company (NYSE:PG) .