Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Procter & Gamble (PG) Stock Price

Headlines about Procter & Gamble (NYSE:PG) have trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Procter & Gamble earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.4076754845361 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news articles that may have impacted Accern’s scoring:

NYSE PG traded down $0.20 on Wednesday, hitting $72.30. 14,194,682 shares of the company’s stock were exchanged, compared to its average volume of 10,241,574. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.91 and a quick ratio of 0.74. Procter & Gamble has a 52 week low of $71.95 and a 52 week high of $94.67. The stock has a market capitalization of $184,033.28, a PE ratio of 18.44, a PEG ratio of 2.36 and a beta of 0.57.

Procter & Gamble (NYSE:PG) last released its earnings results on Thursday, April 19th. The company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.02. Procter & Gamble had a return on equity of 20.72% and a net margin of 15.17%. The firm had revenue of $16.28 billion during the quarter, compared to analysts’ expectations of $16.22 billion. During the same period in the prior year, the company earned $0.96 earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis. sell-side analysts expect that Procter & Gamble will post 4.19 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 15th. Shareholders of record on Friday, April 20th will be paid a dividend of $0.7172 per share. The ex-dividend date of this dividend is Thursday, April 19th. This is a boost from Procter & Gamble’s previous quarterly dividend of $0.69. This represents a $2.87 annualized dividend and a yield of 3.97%. Procter & Gamble’s dividend payout ratio is presently 73.21%.

Several equities research analysts recently issued reports on the company. Zacks Investment Research cut Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. Goldman Sachs upgraded Procter & Gamble from a “sell” rating to a “neutral” rating and set a $77.00 price target for the company in a research note on Tuesday, January 16th. SunTrust Banks reiterated a “hold” rating and issued a $90.00 price target on shares of Procter & Gamble in a research note on Tuesday, January 23rd. Stifel Nicolaus boosted their price target on Procter & Gamble from $87.00 to $88.00 and gave the company a “hold” rating in a research note on Wednesday, January 24th. Finally, JPMorgan Chase boosted their price target on Procter & Gamble from $90.00 to $98.00 and gave the company a “neutral” rating in a research note on Wednesday, January 24th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Procter & Gamble currently has an average rating of “Hold” and a consensus target price of $83.91.

In other news, insider Kathleen B. Fish sold 10,192 shares of the company’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $86.97, for a total transaction of $886,398.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Jon R. Moeller sold 3,252 shares of the company’s stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $78.59, for a total transaction of $255,574.68. The disclosure for this sale can be found here. Insiders have sold 67,169 shares of company stock valued at $5,541,569 over the last 90 days. Corporate insiders own 0.35% of the company’s stock.

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Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in the United States, Canada, Puerto Rico, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company's Beauty segment offers hair care products, including conditioners, shampoos, styling aids, and treatments; and skin and personal care products, such as antiperspirant and deodorant, personal cleansing, and skin care products.

Insider Buying and Selling by Quarter for Procter & Gamble (NYSE:PG)

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