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Procter & Gamble (NYSE: PG) is scheduled to report its fiscal Q1 2025 results on Friday, October 18 (P&G's fiscal ends in June). We expect the company to post upbeat results, with revenue of $22.1 billion and earnings of $1.92 per share, compared to the consensus estimates of $21.96 billion and $1.90, respectively.
Procter & Gamble is set to report muted quarterly revenue growth on Friday. The purveyor of Tide detergent, Dawn dish soap and Pampers diapers faces rivals competing on price in its two biggest markets, the United States and China.
Besides Wall Street's top -and-bottom-line estimates for P&G (PG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Procter & Gamble (PG) closed the most recent trading day at $172.51, moving +0.83% from the previous trading session.
Gains from strong pricing, cost-saving and productivity measures should aid PG in Q1 amid Greater China issues, geopolitical tensions and currency volatility.
Procter & Gamble (PG) stock price has done well in the past few decades, as the company has positioned itself as the ultimate dividend king.
In the closing of the recent trading day, Procter & Gamble (PG) stood at $167.12, denoting a -1.04% change from the preceding trading day.
Procter & Gamble has delivered a relatively strong 2024 amidst the economic uncertainty. PG's recession-resistant business model makes it an excellent defensive investment, but not at today's price. Management's focus on stock buybacks over more aggressive dividend growth is less appealing, given the inflated share price.
The current condition surrounding Procter & Gamble stock reminds me of the wisdom of buying wonderful businesses at fair prices rather than fair businesses at wonderful prices. The recent stock price pullback offers this wonderful business at a fair price. Besides fair valuation, other positives include consistent EPS growth potential, the effectiveness of the ongoing restricting plan, and margin expansion potential.
P&G (PG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.