The most recent trading session ended with Procter & Gamble (PG) standing at $169.76, reflecting a +1.07% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.64%. Meanwhile, the Dow experienced a rise of 0.85%, and the technology-dominated Nasdaq saw an increase of 0.31%.
The world's largest consumer products maker's stock has climbed by 3.12% in the past month, falling short of the Consumer Staples sector's gain of 3.65% and outpacing the S&P 500's loss of 7.69%.
Market participants will be closely following the financial results of Procter & Gamble in its upcoming release. The company plans to announce its earnings on April 24, 2025. The company is expected to report EPS of $1.57, up 3.29% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $20.52 billion, up 1.6% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $6.90 per share and a revenue of $85.24 billion, demonstrating changes of +4.7% and +1.43%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Procter & Gamble. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.11% downward. Currently, Procter & Gamble is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, Procter & Gamble currently has a Forward P/E ratio of 24.33. This indicates a premium in contrast to its industry's Forward P/E of 20.94.
One should further note that PG currently holds a PEG ratio of 3.8. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Consumer Products - Staples industry was having an average PEG ratio of 3.37.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 131, putting it in the bottom 48% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.