Procter & Gamble (NYSE:PG) Posts Earnings Results, Beats Expectations By $0.03 EPS

Procter & Gamble (NYSE:PG) issued its earnings results on Tuesday. The company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03, Briefing.com reports. The firm had revenue of $20.53 billion during the quarter, compared to analyst estimates of $20.69 billion. Procter & Gamble had a net margin of 18.00% and a return on equity of 33.91%. The business’s revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.37 earnings per share. Procter & Gamble updated its FY 2025 guidance to 6.910-7.050 EPS and its FY25 guidance to $6.91-7.05 EPS.

Procter & Gamble Stock Performance

Procter & Gamble stock traded down $0.94 during mid-day trading on Wednesday, hitting $160.76. The company had a trading volume of 9,618,854 shares, compared to its average volume of 6,579,594. The company has a current ratio of 0.69, a quick ratio of 0.48 and a debt-to-equity ratio of 0.49. Procter & Gamble has a 12-month low of $141.45 and a 12-month high of $170.92. The company’s fifty day moving average is $166.32 and its 200-day moving average is $161.89. The company has a market capitalization of $379.42 billion, a price-to-earnings ratio of 26.27, a P/E/G ratio of 3.19 and a beta of 0.41.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Friday, July 19th will be issued a $1.0065 dividend. The ex-dividend date of this dividend is Friday, July 19th. This represents a $4.03 annualized dividend and a yield of 2.50%. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.85%.

Wall Street Analysts Forecast Growth

PG has been the subject of a number of recent analyst reports. Jefferies Financial Group lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and lowered their target price for the company from $182.00 to $175.00 in a research note on Wednesday, July 24th. JPMorgan Chase & Co. lowered their price objective on shares of Procter & Gamble from $181.00 to $179.00 and set an “overweight” rating for the company in a research note on Wednesday. TD Cowen initiated coverage on shares of Procter & Gamble in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $189.00 price objective for the company. Barclays upped their price objective on shares of Procter & Gamble from $170.00 to $174.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Finally, Evercore ISI upped their price objective on shares of Procter & Gamble from $177.00 to $183.00 and gave the stock an “outperform” rating in a research note on Thursday, July 18th. Seven research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $174.52.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Sundar G. Raman sold 31,924 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $166.95, for a total value of $5,329,711.80. Following the sale, the chief executive officer now owns 19,042 shares in the company, valued at approximately $3,179,061.90. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, COO Shailesh Jejurikar sold 31,859 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $164.90, for a total value of $5,253,549.10. Following the sale, the chief operating officer now directly owns 9,739 shares of the company’s stock, valued at approximately $1,605,961.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sundar G. Raman sold 31,924 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $166.95, for a total transaction of $5,329,711.80. Following the completion of the sale, the chief executive officer now directly owns 19,042 shares in the company, valued at $3,179,061.90. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 94,320 shares of company stock worth $15,646,323. Corporate insiders own 0.17% of the company’s stock.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.