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Procter & Gamble Stock Forecast and Price Prediction

Procter & Gamble Stock Forecast and Price Prediction

 

Procter & Gamble (NYSE:PG) has had 15 Wall Street analysts offering 12-month price targets in the past three months, where there are both high and low price estimates of $170.43 to $185.00. The current price of $155.29 has changed the average price objective by 9.75 percent.

 

Regarding return on assets (ROA), the industry average is 12.99%, and P&G is above average with 13.49%. For the next three years, experts predict that P&G’s Return on Equity (ROE) will be above average (35.46%); experts say the company can generate ROE efficiently. As a result, there are expectations for a great return.

 

In addition, P&G’s revenue is expected to expand at an average annual pace of 2.36 percent. As a result, revenues are expected to increase in the second analysts’ future.

PG&E Stock Forecast 2022: Monthly Forecast

P&G Stock Monthly Forecast
Source: Getty Images

PG&E Stock Price Targets for June 2022.

In June 2022, the stock is expected to trade at US $12.60, according to analysts’ projections. The stock volatility for June is expected to be 6.972%, consistent with the company’s previous pattern.

$13.19 is the maximum price target.

PG&E Stock Price Targets for July 2022.

PG&E stock is expected to trade at an average weighted price of $13.03 by July 2022. This year’s positive dynamics are expected to continue in July, with stock prices seeing monthly volatility of 9.21%.

$13.86 is the maximum price target.

PG&E Stock Price Targets for August 2022.

In 2022, PG&E’s weighted average price prediction per share is 13.47 cents. With monthly forecast volatility of 13.283 percent, the stock is expected to have a positive dynamic in August.

$14.40 is the maximum price target.

PG&E Stock Price Targets for September 2022.

PG&E’s weighted average price target in September 2022 is 13.52 per stock. The stock is expected to have monthly volatility of 8.913% for September.

$13.81 is the maximum price target.

PG&E Stock Price Targets for October 2022.

PG&E’s weighted average price objective in October 2022 is $12.98 per stock. However, the stock is volatile in October, with potential monthly volatility of 12.942 percent.

$13.94 is the maximum price target.

PG&E Stock Price Targets for November 2022.

In November 2022, the weighted average price estimate for PG&E stock was 12.71. Based on current market predictions, monthly volatility of 12.023% is expected in November.

$13.32 is the maximum price target.

PG&E Stock Price Targets for December 2022.

In December 2022, the weighted average price estimate for PG&E stock was 13.65. Because of this, the stock is expected to have monthly volatility of 13.730 percent, which is within the typical range.

$14.71 is the maximum price target.

P&G Stock Forecast 2022: When It Comes to Earnings, Procter & Gamble Beat Expectations in the First Quarter and Raised Its Sales Forecast Through 2022.

Procter & Gamble Stock
Source: Getty Images

P&G (PG) is one of the world’s largest consumer goods companies. First-quarter results found in the Procter & Gamble Company Report were better than anticipated. Still, the consumer staples segment raised its full-year sales projection due to increased demand and price hikes.

Procter & Gamble’s fiscal third-quarter core profits came in at $1.33 per share, up 5.5 percent from the same time last year and 3 cents above The Street’s consensus projection of $1.30 per share, according to the company’s third-quarter results release. In addition, the corporation reported a 7 percent increase in group sales to $19.4 billion, above analysts’ expectations of $18.72 billion.

Profit forecasts for P&G’s 2022 fiscal year, including a 3 to 6 percent increase in core profits and a 4 to 5 percent in organic sales, have been maintained.

On a conference call, CFO Andre Schulten told investors that “With the help of our well-known brands, we are implementing carefully designed price hikes.”He added:  “we closed a few price hikes with innovation to enhance customer value along the road. This challenging cost environment and the continued need to generate balanced to top-and bottom-line growth, including margin expansion, highlight the necessity of ongoing productivity as a strategic need for investments to maintain the quality of our brands.

“As the fiscal year progresses, we’ve stated that we expect more volatility each quarter. Cost pressures have increased further, and currency exchange rates have shifted even more in our favor. In addition, transportation and labor sectors are still quite competitive,” he said. “The supply of resources is still limited in several categories and marketplaces. According to a report from the Federal Reserve, inflationary pressures are “broad-based,” with no immediate respite in sight, and have resulted in price rises across CPG categories and beyond.”

Fabric and home care sales, including cleaning goods like Tide laundry detergent, Joy, Febreze, and Cascade, increased by 4% from the previous year, while sales in the infant, feminine, and family care segments grew by 2% from levels in 2021.

A 1% increase in skincare product sales was reported, while the corporation reported no change in beauty sales from the previous year.

The company sees a dividend payment of $8 billion. In the face of “severe and escalating cost challenges,” CEO Jon Moeller remarked, “we produced another quarter with robust sales growth and made sequential profits improvement.”

P&G Stock Forecast 2022: Key Data

P&G Stock Forecast 2022
Source: Getty Images

P/E vs. Industry 

By comparing its profits to its share price (26.33x) to that of the US Household & Personal Products sector average, P&G is an intelligent investment (27.38x)

P/E vs. Market 

P&G’s earnings-to-stock price ratio (26.33x) is too high when compared to the US market average (21.69x)

P/B vs. Industry

P&G’s book value/stock price ratio is impressive, coming in at 8.16x (8.29X) compared to the US home and personal products industry average of 5.9x.

Interest Coverage 

It is reasonable to say that P&G’s EBIT of $18.30 billion can meet the interest payments on its debt ($33.67 billion).

Profit Margin Growth 

P&G’s profit margin has declined from (19 percent) to (-0.7 percent) in the previous year (18.3 percent )

Short-term Liabilities 

P&G’s short-term liabilities ($34.40 billion) are more than its short-term assets ($23.42 billion).

Long-term Liabilities

Over the long run, P&G’s liabilities ($40.07B) outweigh its assets ($23.42B).

Shrinking Debt 

Over the last five years, P&G’s debt (1.63 vs. shareholder equity) has been worse (1.17)

Healthy Debt to Equity 

P&G has a high debt-to-equity ratio (1,63).

Debt Coverage 

To pay off PG’s $33.6 billion in debt, the corporation generates enough operational cash flow ($17.13 billion).

The post Procter & Gamble Stock Forecast and Price Prediction appeared first on Best Stocks.

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