FY2027 Earnings Forecast for PG Issued By Erste Group Bank

Procter & Gamble Company (The) (NYSE:PGFree Report) – Equities research analysts at Erste Group Bank decreased their FY2027 earnings per share (EPS) estimates for Procter & Gamble in a research report issued to clients and investors on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now forecasts that the company will earn $7.00 per share for the year, down from their prior forecast of $7.01. The consensus estimate for Procter & Gamble’s current full-year earnings is $6.99 per share. Erste Group Bank also issued estimates for Procter & Gamble’s FY2028 earnings at $7.42 EPS.

Procter & Gamble (NYSE:PGGet Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.02. The company had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS.

Several other equities research analysts have also recently issued reports on the company. Raymond James Financial cut their target price on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research note on Tuesday, April 14th. TD Cowen lifted their price target on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Argus downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Friday. JPMorgan Chase & Co. dropped their price objective on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Finally, Jefferies Financial Group lifted their target price on Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $161.52.

Get Our Latest Stock Analysis on PG

Procter & Gamble Price Performance

Shares of PG stock opened at $146.17 on Tuesday. The firm’s 50-day moving average is $147.97 and its two-hundred day moving average is $149.01. Procter & Gamble has a 12 month low of $137.62 and a 12 month high of $167.25. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.68 and a quick ratio of 0.47. The company has a market capitalization of $339.76 billion, a PE ratio of 22.08, a price-to-earnings-growth ratio of 4.49 and a beta of 0.39.

Institutional Trading of Procter & Gamble

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares during the period. Taylor Financial Group Inc. boosted its stake in shares of Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after buying an additional 277 shares during the period. Sivia Capital Partners LLC grew its holdings in shares of Procter & Gamble by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock worth $979,000 after buying an additional 1,016 shares during the last quarter. Auxano Advisors LLC lifted its position in Procter & Gamble by 10.8% during the 2nd quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock worth $1,165,000 after acquiring an additional 714 shares during the period. Finally, Schnieders Capital Management LLC. increased its holdings in shares of Procter & Gamble by 2.8% in the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock valued at $4,809,000 after purchasing an additional 809 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be given a $1.0885 dividend. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s payout ratio is 65.71%.

Key Headlines Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

About Procter & Gamble

(Get Free Report)

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

Recommended Stories

Earnings History and Estimates for Procter & Gamble (NYSE:PG)

Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.