What are procter and gamble financial targets?
Capital spending is estimated to be approximately 4% of fiscal 2024 net sales. P&G continues to expect adjusted free cash flow productivity of 90% and expects to pay more than $9 billion in dividends and to repurchase $5 to $6 billion of common shares in fiscal 2024.
| High | $187.00 |
|---|---|
| Median | $174.00 |
| Low | $156.00 |
| Average | $172.94 |
| Current Price | $162.72 |
Ultimately, Procter & Gamble plans to implement 100% recyclable or reusable packaging by 2030. Moreover, the enterprise has the goal of cutting the use of virgin petroleum plastic in packaging by 50% by 2030.
P&G targets a wide range of demographics for its consumer products. They aim to cater to various ages (18-65+), income levels through both value and premium product lines, and both women and men as products have expanded beyond just home goods.
CINCINNATI, April 09, 2024--(BUSINESS WIRE)--The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared an increased quarterly dividend of $1.0065 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after May 15, 2024 to ...
For fiscal 2024, one analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $6.55. PG boasts an average earnings surprise of 6.5%. Additionally, PG's earnings are expected to grow 11% for the current fiscal year.
Compared to the current market price of 163.83 USD, Procter & Gamble Co is Overvalued by 27%.
P&G continues to expect adjusted free cash flow productivity of 90% and expects to pay more than $9 billion in dividends and to repurchase $5 to $6 billion of common shares in fiscal 2024.
The team has been growing and creating value prior to, during, and following the pandemic through a strategy that drives growth and value creation through five integrated choices: a portfolio of daily-use products where performance drives brand choice; superiority across product, package, brand communication, retail ...
Shares of Procter & Gamble Co. slipped Friday, after the consumer packaged-goods company reported fiscal third-quarter sales that came up short of forecasts, amid weakness in the segment encompassing baby, feminine and family-care products.
Who is P&G's biggest competitor?
Major competitors for P&G include Colgate-Palmolive, Church and Dwight, and Unilever. Nearly two-thirds of P&G's revenues are generated from developed markets, while Unilever gets the majority of its revenues from faster-growing emerging markets.
One of P&G's biggest retail customers is Walmart(WMT.
The average price target for Procter & Gamble is $172.13. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $187.00 ,the lowest forecast is $156.00. The average price target represents 5.07% Increase from the current price of $163.83.
Procter & Gamble stock prediction for 1 year from now: $ 148.93 (-9.86%) Procter & Gamble stock forecast for 2025: $ 175.79 (6.40%) Procter & Gamble stock prediction for 2030: $ 239.75 (45.12%)
When is Procter & Gamble dividend payment date? Procter & Gamble's next quarterly payment date is on May 15, 2024, when Procter & Gamble shareholders who owned PG shares before Apr 18, 2024 received a dividend payment of $1.01 per share. Add PG to your watchlist to be reminded of PG's next dividend payment.
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P&G is the longest-tenured consumer staple Dividend King, part of an elite cohort of companies that have increased their payouts for at least 50 years. P&G's track record for dividend increases and the size of its increases make it one of the most reliable dividend stocks out there.
Don't expect another split soon
A picture of P&G's most popular products. Image source: P&G. The climate isn't bullish for splits in general, either. It's been almost 30 years since either Unilever or Kimberly-Clark announced a stock split, and so there's little pressure on P&G executives to push for one today.
Historical daily share price chart and data for Procter & Gamble since 1970 adjusted for splits and dividends. The latest closing stock price for Procter & Gamble as of July 03, 2024 is 163.83. The all-time high Procter & Gamble stock closing price was 168.56 on June 18, 2024.
Procter & Gamble stock has received a consensus rating of buy. The average rating score is Aa3 and is based on 60 buy ratings, 10 hold ratings, and 0 sell ratings.
Who owns the most PG stock?
According to the latest TipRanks data, approximately 62.69% of Procter & Gamble (PG) stock is held by retail investors. Vanguard owns the most shares of Procter & Gamble (PG).
Nonetheless, the company's most profitable business segment is the fabric and home care one, generating global net sales of over 27 billion U.S. dollars in 2022. Some of its fabric and home care brands, like Mr. Clean and Dawn, made it in a ranking of the most popular among U.S. women in the third quarter of 2022.
Procter & Gamble (PG): It thrives in tough economic times due to its diverse product categories, which maintain stable demand during downturns.
On the journey to Net Zero, we're addressing climate change and making a difference in our home, your home and the planet we call home. In September 2021, P&G announced an ambition to achieve net zero greenhouse gas (GHG) emissions across our supply chain and operations by 2040, from raw material to retailer.
There's a reason several of the company's products are category leaders and will likely remain so. Procter & Gamble also simply has more financial muscle to flex than its competitors do. P&G stock rewards patient, long-term investors with a healthy dividend that it regularly raises.
