Market Update: The Procter & Gamble Company (NYSE:PG) – 8 Inches of Hair, 8 Years of Hope: Pantene Beautiful Lengths Celebrates Its 8th Year with Nearly 400 Ponytails Donated

The Procter & Gamble Company (NYSE:PG) [Business Wire] – Procter & Gamble and Pantene hosted its 4th ponytail donation event on Monday afternoon in support of the Beautiful Lengths program. Celebrating its 8th year annivers
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The Procter & Gamble Company (PG), valued at $226.45B, started trading this morning at $79.40.
 
Looking at the equity, the company’s one day range is $79.27 to $81.12 with a trailing 52-week range being $73.61 to $85.82.
 
PG shares are currently priced at 17.73x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 44.26x earnings multiple for the same period.
 
And for passive income investors, the company pays shareholders $2.57 per share annually in dividends, yielding 3.20%.
 
In a review of the consensus earnings estimate this quarter, 22 sell-side analysts are looking at $1.10 per share, which would be $0.06 better than the year-ago quarter and a $0.06 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $4.48 would be a $0.26 better when compared to the previous year’s annual results.
 
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $20.99 Billion. If realized, that would be a 0.99% decrease over the year-ago quarter.
 
In terms of ratings, UBS Initiated PG at Neutral (Mar 4, 2014). Previously, Standpoint Research upgraded PG from Sell to Hold.
 
Investors should keep in mind is that the average price target is $87.28, which is 9.92% above where the stock opened this morning.
 
Summary (NYSE:PG) :  The Procter & Gamble Company, 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. The Beauty segment offers antiperspirants and deodorants, cosmetics, personal cleansing, skin care, hair care, hair colors, prestige products, and professional salon products under the Head & Shoulders, Olay, Pantene, SK-II, and Wella brand names. The Grooming segment provides blades and razors, pre- and post-shave products, and electronic hair removal devices under the Braun, Fusion, Gillette, Mach3, and Prestobarba brand names. The Health Care segment offers feminine care and incontinence products; toothbrush, toothpaste, and other oral care products; and gastrointestinal, rapid diagnostics, respiratory, vitamins/minerals/supplements, and other personal health care products. This segment markets its products under the Always, Crest, Oral-B, and Vicks brand names. The Fabric Care and Home Care segment provides bleach and laundry additives, fabric enhancers, and laundry detergents; air care, dish care, and surface care products; batteries; pet care products; and professional products. This segment sells its products under the Ace, Ariel, Dawn, Downy, Duracell, Febreze, Gain, Iams, and Tide brand names. The Baby Care and Family Care segment offers baby wipes, diapers, pants, paper towels, tissues, and toilet papers under the Bounty, Charmin, and Pampers brand names. The company markets its products through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, salons, high-frequency stores, and e-commerce in approximately 180 countries worldwide. The Procter & Gamble Company was founded in 1837 and is based in Cincinnati, Ohio.
 
Tag Helper ~ Stock Code: PG | Common Company name: Procter & Gamble | Full Company name: The Procter & Gamble Company (NYSE:PG) .

More on this topic (What's this?)
Procter & Gamble (PG) Dividend Stock Analysis 2014
Market Outlook
Read more on Procter & Gamble Company, PCCW at Wikinvest

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