Somewhat Positive Media Coverage Somewhat Unlikely to Impact Procter & Gamble Company (The) (PG) Stock Price

News articles about Procter & Gamble Company (The) (NYSE:PG) have trended somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog 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 Company (The) earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.6600771532225 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news stories that may have impacted Accern’s rankings:

Several research analysts have issued reports on PG shares. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Procter & Gamble Company (The) in a report on Wednesday. Deutsche Bank AG reiterated a “hold” rating and set a $92.00 target price (up from $90.00) on shares of Procter & Gamble Company (The) in a report on Saturday, July 22nd. Zacks Investment Research cut shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd. BidaskClub upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Finally, Vetr cut shares of Procter & Gamble Company (The) from a “hold” rating to a “sell” rating and set a $83.75 target price on the stock. in a report on Monday, July 3rd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $90.00.

Shares of Procter & Gamble Company (PG) traded up 0.33% during trading on Friday, hitting $92.33. Procter & Gamble Company has a 52 week low of $81.18 and a 52 week high of $94.67. The company has a market capitalization of $235.44 billion, a PE ratio of 16.51 and a beta of 0.67. The stock has a 50 day moving average price of $92.61 and a 200 day moving average price of $89.75.

Procter & Gamble Company (The) (NYSE:PG) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.07. Procter & Gamble Company (The) had a return on equity of 19.97% and a net margin of 23.56%. The company had revenue of $16.08 billion during the quarter, compared to analysts’ expectations of $16.01 billion. During the same quarter in the previous year, the business earned $0.79 earnings per share. The firm’s revenue for the quarter was down .1% on a year-over-year basis. Equities analysts forecast that Procter & Gamble Company will post $4.17 EPS for the current fiscal year.

In other news, insider Mark F. Biegger sold 2,660 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total transaction of $244,826.40. Following the completion of the sale, the insider now owns 23,133 shares in the company, valued at $2,129,161.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Vice Chairman Jon R. Moeller sold 6,063 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total value of $558,038.52. Following the sale, the insider now owns 120,734 shares of the company’s stock, valued at approximately $11,112,357.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,792 shares of company stock valued at $4,216,070. 0.35% of the stock is owned by company insiders.

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About Procter & Gamble Company (The)

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

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

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