Procter & Gamble Company (The) (PG) Receiving Somewhat Negative News Coverage, Accern Reports

News articles about Procter & Gamble Company (The) (NYSE:PG) have been trending somewhat negative on Saturday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Procter & Gamble Company (The) earned a media sentiment score of -0.16 on Accern’s scale. Accern also assigned media stories about the company an impact score of 74 out of 100, meaning that recent news coverage is likely to have an effect on the company’s share price in the near future.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

Several analysts have commented on PG shares. Vetr lowered Procter & Gamble Company (The) from a “hold” rating to a “sell” rating and set a $83.75 price objective on the stock. in a report on Monday, July 3rd. Zacks Investment Research lowered Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a report on Friday, July 7th. Stifel Nicolaus dropped their price objective on Procter & Gamble Company (The) from $88.00 to $87.00 and set a “hold” rating on the stock in a report on Thursday, April 27th. Capital One Financial Corporation lowered Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $5.00 to $2.00 in a report on Thursday, June 22nd. Finally, BidaskClub lowered Procter & Gamble Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the stock. Procter & Gamble Company (The) has a consensus rating of “Hold” and an average price target of $87.16.

Procter & Gamble Company (PG) traded down 0.52% during trading on Friday, reaching $90.21. The company’s stock had a trading volume of 6,137,534 shares. Procter & Gamble Company has a 52 week low of $81.18 and a 52 week high of $92.00. The company has a market capitalization of $237.88 billion, a PE ratio of 16.13 and a beta of 0.68. The company has a 50 day moving average price of $88.40 and a 200-day moving average price of $88.50.

Procter & Gamble Company (The) (NYSE:PG) last announced its earnings results on Thursday, July 27th. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.07. The firm had revenue of $16.08 billion for the quarter, compared to analysts’ expectations of $16.01 billion. Procter & Gamble Company (The) had a return on equity of 19.52% and a net margin of 23.56%. Procter & Gamble Company (The)’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.79 EPS. Equities research analysts anticipate that Procter & Gamble Company will post $4.13 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st will be issued a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend is Wednesday, July 19th. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 49.37%.

In other Procter & Gamble Company (The) news, insider Steven D. Bishop sold 2,668 shares of the stock in a transaction on Monday, May 1st. The stock was sold at an average price of $87.34, for a total transaction of $233,023.12. Following the sale, the insider now owns 43,608 shares in the company, valued at approximately $3,808,722.72. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Patrice Louvet sold 3,837 shares of the firm’s stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $87.00, for a total value of $333,819.00. Following the sale, the insider now owns 46,913 shares in the company, valued at approximately $4,081,431. The disclosure for this sale can be found here. In the last quarter, insiders have sold 199,891 shares of company stock worth $17,276,637. 0.35% of the stock is owned by insiders.

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About Procter & Gamble Company (The)

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

Insider Buying and Selling by Quarter for Procter & Gamble Company (The) (NYSE:PG)

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