[Business Wire] – Platinum-selling music artist, 2014 People’s Choice Awards Favorite Female Artist and purveyor of female empowerment Demi Lovato is thrilled to announce The Radiant Collection, from Procter & Gamble’s leading feminine protection brands Tampax® and Always®, as a tour sponsor to encourage young women to have the confidence to wear what they want every day of the month.
Read more on this.
The Procter & Gamble Company (PG), with a current value of $208.51B, opened this morning at $76.99.
Today, shares have traded between $76.75 and $77.21 per share and has traded between $73.61 and $85.82 over the past year.
Priced at 17.82x this year’s forecasted earnings, PG shares are relatively inexpensive compared to the industry’s 22.40x forward p/e ratio.
And for dividend hunters, the company pays shareholders $2.41 per share annually in dividends, yielding 3.20%.
In a review of the consensus earnings estimate this quarter, 23 sell-side analysts are looking at $1.06 per share, which would be $0.07 better than the year-ago quarter and a $0.03 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $4.27 is a $0.22 improvement 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.
More recently, Standpoint Research upgraded PG from Sell to Hold (Jan 31, 2014). Previously, RBC Capital Mkts Initiated PG at to Sector Perform.
Given all the information above, we should disclose to readers that the average price target is $88.16, which is 14.51% above than it 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) .