PG Stock Summary and Trading Ideas (Procter & Gamble Company | NYSE:PG)

Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent around 53% of the firm's consolidated total.

Procter & Gamble Company trades on the NYSE stock market under the symbol PG.

As of April 19, 2024, PG stock price climbed to $158.14 with 10,835,311 million shares trading.

PG has a beta of 0.38, meaning it tends to be less sensitive to market movements. PG has a correlation of 0.09 to the broad based SPY ETF.

PG has a market cap of $372.10 billion. This is considered a Mega Cap stock.

Last quarter Procter & Gamble Company reported $21 billion in Revenue and $1.84 earnings per share. This fell short of revenue expectation by $-29 million and exceeded earnings estimates by $.14.

In the last 3 years, PG stock traded as high as $165.35 and as low as $122.18.

The top ETF exchange traded funds that PG belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.

PG stock has underperformed the market in the last year with a return of +7.7%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PG shares. However, PG has outperformed the market in the last 3 month and 2 week periods, returning +7.4% and +2.4%, while SPY returned +4.3% and -3.5%, respectively. This indicates PG has been having a stronger performance recently.

PG support price is $156.05 and resistance is $158.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PG stock will trade within this expected range on the day.