Procter & Gamble Co (PG)
Fact & News
- In October of 1837, William Procter & James Gamble, both brothers-in-law become business partners.
- 5 of P&G 11 directors are women and have all been on Fortune Magazine's Most Powerful Women List.
- Strong demand to aid Procter & Gamble's Q1 earnings.
- PG is a constituent stock of the S&P 500 index.
Long Term Trend | Up.
Short Term Trend | Uptrend channel.
Support Line | USD 127, next support USD 116.
Resistance Line | USD 146.
Stochastic | Crossed inside the overbought zone. May have temporary trend weakness within short term uptrend channel.
Valuation (TTM Trailing 12 Months to Jun 20)
Price | USD 143.83.
Market Capitalization | USD 358B vs Enterprise Value (EV) USD 379B.
Price /Earnings (PE) | 29X. Cheap vs S&P average PE of 35X.
Price /Book (PB) | 7.8X. Expensive vs S&P average PB of 3.9X.
Dividend Yield (DY) | 2.1%. Good yield vs average DY of S&P 1.7%.
Net Income | USD 13B (+261%).
Net Margin | 16%. This is HIGHER than 93% of the Consumer Packaged Goods industry.
Interest Coverage | 22X. This is HIGHER than 74% of the Consumer Packaged Goods industry.
Analyst Consensus
Target Price | USD 143.79.
Call | 13 BUY & 7 HOLD.
Conclusion
PG's valuation is fair & its chart trending upwards. Despite possible temporary price weakness, I like PG for 1) Solid last quarter result, 2) Strong sales forecasted to continue next quarter, 3) Cleaning & health sales spiking due to virus crisis, and 4) Management ability to achieve cost-cutting & productivity goals.
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