[Business Wire] – Procter & Gamble , a Worldwide Olympic Partner, officially welcomed U.S. moms and families of Olympians to the P&G Family Home to kick off the Sochi 2014 Olympic Winter Games.
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The Procter & Gamble Company (PG), currently valued at $208.10B, started trading this morning at $76.53.
Today’s price range has been between $76.48 and $76.99 per share with its 52-week range being $73.61 to $85.82.
PG shares are currently priced at 17.82x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 22.42x forward p/e ratio.
And for those looking to make a return holding the stock, the company pays shareholders $2.41 per share annually in dividends, yielding 3.20%.
According to a consensus of 23 analysts, the earnings estimate of $1.06 per share would be $0.07 better than the year-ago quarter and a $0.03 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $4.27 would be a $0.22 better when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $20.89 Billion. If reported, that would be a 1.41% increase over the year-ago quarter.
Recently, Standpoint Research upgraded PG from Sell to Hold (Jan 31, 2014). Previously, RBC Capital Mkts Initiated PG at to Sector Perform.
The average price target for PG shares by the analysts covering the stock is $88.16, which is 15.20% 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) .