Procter & Gamble (NYSE:PG) Stock Price Down 1.6% on Analyst Downgrade

Key Points

• Procter & Gamble shares fell 1.6% after Citigroup cut its price target from $181 to $170, although it maintained a Buy rating. The stock last traded near $143.81.
• P&G’s quarterly adjusted EPS of $1.43 beat the $1.41 consensus, but revenue of $21.20 billion missed expectations, while organic sales were essentially flat.
• Fiscal 2027 revenue guidance came in below analyst expectations amid cautious consumer spending and other pressures. Analysts nevertheless maintain a “Moderate Buy” consensus, with an average target price of $161.52.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report)'s stock price fell 1.6% on Thursday after Citigroup lowered their price target on the stock from $181.00 to $170.00. Citigroup currently has a buy rating on the stock. Procter & Gamble traded as low as $142.25 and last traded at $143.8050. 9,384,714 shares were traded during trading, a decline of 7% from the average daily volume of 10,048,500 shares. The stock had previously closed at $146.10.

Other equities analysts have also issued research reports about the stock. Weiss Ratings restated a "hold (c)" rating on shares of Procter & Gamble in a research report on Wednesday, June 24th. Rothschild & Co Redburn cut their price objective on shares of Procter & Gamble from $157.00 to $155.00 and set a "neutral" rating on the stock in a research report on Monday, April 27th. Morgan Stanley reduced their target price on shares of Procter & Gamble from $175.00 to $166.00 and set an "overweight" rating for the company in a research note on Wednesday, April 22nd. Barclays upped their target price on shares of Procter & Gamble from $146.00 to $152.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 21st. Finally, Royal Bank Of Canada dropped their price target on shares of Procter & Gamble from $172.00 to $167.00 and set an "outperform" rating on the stock in a research note on Thursday, April 9th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $161.52.

Key Procter & Gamble News

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

• Positive Sentiment: Procter & Gamble reported fiscal fourth-quarter adjusted EPS of $1.43, topping the $1.41 analyst consensus. Productivity savings helped offset higher costs, and management highlighted strong e-commerce performance and efforts to regain market share. Procter & Gamble Q4 Earnings Beat on Productivity, Sales Miss Estimates
• Positive Sentiment: Citigroup lowered its price target on PG to $170 from $181 but maintained a Buy rating, implying substantial potential upside from recent trading levels. Jefferies also reiterated Buy, with a slightly reduced $177 target. Citigroup Price Target Update Jefferies Adjusts Price Target on Procter & Gamble
• Neutral Sentiment: RBC described the fiscal 2027 guidance as prudent, while management said it is pursuing consumer recovery through innovation, productivity initiatives and market-share gains. The EPS range of $6.89 to $7.11 brackets consensus, but the revenue outlook is below expectations. RBC Assessment of Procter & Gamble Fiscal 2027 Guidance
• Neutral Sentiment: Shailesh Jejurikar will become chairman of P&G’s board on August 1, while Jon Moeller is retiring from the board and company later in August. The leadership transition adds a potential execution focus but was not identified as the primary trading catalyst. Shailesh Jejurikar Appointed Chairman
• Negative Sentiment: Quarterly revenue of $21.20 billion rose 1.5% year over year but missed the $21.38 billion consensus. Organic sales were essentially flat, with unchanged volume reflecting weaker demand in areas such as grooming and oral care.
• Negative Sentiment: Fiscal 2027 revenue guidance of $85.1 billion to $86.8 billion is well below the roughly $89.5 billion analyst estimate. Management cited cautious consumer spending, gas-price pressure, promotions, smaller pack sizes, inflation, tariffs and a difficult geopolitical environment. P&G Forecasts Muted 2027 as Consumer Spending Tightens

Institutional Trading of Procter & Gamble

A number of institutional investors have recently made changes to their positions in PG. Carson Advisory Inc. lifted its position in Procter & Gamble by 0.5% in the fourth quarter. Carson Advisory Inc. now owns 12,124 shares of the company's stock worth $1,738,000 after purchasing an additional 65 shares during the period. Trilogy Capital Inc. increased its position in shares of Procter & Gamble by 1.1% during the 4th quarter. Trilogy Capital Inc. now owns 6,289 shares of the company's stock valued at $901,000 after purchasing an additional 67 shares during the period. Cary Street Partners Investment Advisory LLC raised its stake in shares of Procter & Gamble by 1.8% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company's stock worth $549,000 after buying an additional 67 shares in the last quarter. Lorne Steinberg Wealth Management Inc. lifted its holdings in shares of Procter & Gamble by 2.7% in the fourth quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company's stock valued at $376,000 after buying an additional 68 shares during the period. Finally, Grant Street Asset Management Inc. boosted its stake in Procter & Gamble by 2.7% during the fourth quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company's stock valued at $376,000 after buying an additional 69 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Trading Down 1.6%

The business has a fifty day moving average of $147.70 and a 200-day moving average of $148.94. The stock has a market capitalization of $334.86 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 7.41 and a beta of 0.39. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $1.41 by $0.02. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same period in the prior year, the company earned $1.48 EPS. Procter & Gamble's revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, equities analysts anticipate that Procter & Gamble Company will post 6.88 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be issued a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, July 24th. Procter & Gamble's dividend payout ratio (DPR) is presently 63.60%.

About Procter & Gamble

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.