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Why the Market Dipped But Procter & Gamble (PG) Gained Today
Zacks Investment Research· 2024-03-04 23:51
Procter & Gamble (PG) closed the latest trading day at $159.56, indicating a +0.45% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.12%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.41%.The world's largest consumer products maker's shares have seen an increase of 0.48% over the last month, surpassing the Consumer Staples sector's loss of 1.3% and falling behind the S&P 500's gain of 4.83%.The investment commu ...
Procter & Gamble Company (The) (PG) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-02-28 15:01
Procter & Gamble (PG) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this world's largest consumer products maker have returned +1.2% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Soap and Cleaning Materials industry, to which P&G belongs, has gained 2.6% over this period. Now the key question is: Where could the stock be headed in the near t ...
Procter & Gamble (PG) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-02-26 23:51
In the latest trading session, Procter & Gamble (PG) closed at $160.22, marking a -0.5% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.38%. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, lost 0.13%.Coming into today, shares of the world's largest consumer products maker had gained 3.13% in the past month. In that same time, the Consumer Staples sector gained 2.5%, while the S&P 500 gained 4.74%.The investment community will be paying close atte ...
1 Magnificent Stock That Turned $10,000 Into $1.4 Million
The Motley Fool· 2024-02-23 10:16
Core Insights - Procter & Gamble (PG) has a market cap of $371 billion and has shown significant long-term investment returns, with a $10,000 investment in 1984 growing to over $1.4 million today, highlighting the power of compounding [1] Group 1: Brand Strength and Market Position - Procter & Gamble has demonstrated steady growth, with revenue and diluted earnings per share (EPS) increasing at compound annual rates of 4.2% and 10% respectively from fiscal 2018 to fiscal 2023 [2] - The company maintains a dominant market share in key product categories, owning 24 brands that generate over $1 billion in annual sales each [2] - Consumer loyalty is strong due to brand recognition, leading to habitual purchasing and allowing the company to raise prices without losing market position [3] Group 2: Current Performance and Future Outlook - In the most recent fiscal quarter (Q2 2024), Procter & Gamble experienced a 1% dip in organic product volume, but a 3% increase in sales was driven by price hikes [4] - Management projects core EPS growth of 8% to 9% for the current fiscal year, indicating healthy growth despite a challenging macroeconomic environment [4] - The stock currently trades at a price-to-earnings ratio of 26.4, which is in line with its three-year average but represents a premium compared to the S&P 500, suggesting it may be somewhat expensive [4] Group 3: Investment Considerations - Procter & Gamble is viewed as a foundational stock due to its safety, consistency, and ability to generate substantial free cash flow, alongside a declining share count and a dividend yield of nearly 2.4% [5]
The Procter & Gamble Company (PG) Presents at Consumer Analyst Group of New York (CAGNY) Conference (Transcript)
2024-02-22 19:00
Procter & Gamble Company (NYSE: PG) CAGNY Conference Summary Company Overview - **Company**: Procter & Gamble Company (P&G) - **Date**: February 22, 2024 - **Participants**: Jon Moeller (Chairman, President & CEO), Andre Schulten (CFO), Jon Chevalier (SVP of Investor Relations) Key Points Industry Performance - P&G has consistently grown or maintained market share in a majority of its top 50 category/country combinations since 2018, continuing this momentum into the recent quarter [2][4] - Fiscal 2023 marked the fifth consecutive year of 5% or better organic sales growth, with a strong start to fiscal 2024, achieving over 5% organic sales growth in the first half [4][5] - The company expects to deliver towards the top end of its 4% to 5% guidance range for the year as market growth rates normalize [4] Financial Highlights - Quarter two marked the 22nd consecutive quarter of 4% or better organic sales growth [4] - Core earnings per share increased by 16% year-to-date, with a 19% increase on a currency-neutral basis [6] - P&G returned over $7 billion to shareholders, including $4.5 billion in dividends and $2.5 billion in share repurchases [12] Market Dynamics - Global aggregate market share increased by 30 basis points, with 29 of the top 50 category/country combinations holding or growing share [6] - The company anticipates a reduction in pricing contribution to top-line growth by 1 to 2 percentage points in the latter half of the year [5] - P&G is experiencing strong volume growth in North America and Europe, with organic sales in focus markets up 5% and enterprise markets up 10% [5] Strategic Focus - P&G is committed to an integrated growth strategy that emphasizes cost discipline, productivity, and prudent capital allocation [3] - The company continues to invest in innovation, with a focus on superior product development and effective marketing strategies [10][15] - P&G's productivity initiatives have allowed for increased investment in demand creation, with advertising spend expected to rise by approximately 70 basis points compared to fiscal 2019 [8] Innovation and Product Development - P&G has launched several successful innovations, such as Charmin Ultra Soft and GilletteLabs razors, contributing to significant market growth [16][17] - The company is leveraging digital tools and AI to enhance product development and marketing efficiency, reducing design timelines significantly [41][42] - P&G's commitment to sustainability is evident in innovations like Ariel Platinum PODS, which improve wash results while reducing environmental impact [28][29] Challenges and Outlook - The company anticipates continued volatility in input costs, currency fluctuations, and geopolitical dynamics, particularly in Greater China and parts of Europe [13] - Despite these challenges, P&G remains confident in its strategy and ability to deliver balanced growth and value creation for shareholders [32] Market Opportunities - P&G sees significant growth potential in international and emerging markets, with Enterprise Markets growing at rates one-third to twice as high as Focus Markets [51] - The company is focused on maximizing value growth in established brands while exploring opportunities in smaller brands [51] Conclusion - P&G's strategic focus on innovation, productivity, and market growth positions it well for continued success in a challenging environment, with a commitment to delivering superior value to consumers and shareholders alike [32]
Consumer Analyst Group of New York (CAGNY) Conference
2024-02-22 16:39
CAGNY FORWARD LOOKING STATEMENTS Certain statements in this presentation, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forw ...
Bugs Be Gone! Zevo Gives You the Power of Two Traps in One With the New Zevo Max Flying Insect Trap
Businesswire· 2024-02-22 14:00
CINCINNATI--(BUSINESS WIRE)--Bug enemies rejoice! Today, Zevo announced the launch of Zevo Max Flying Insect Trap, the latest offering from the maker of the #1 Powered Flying Insect Trap in the U.S.,2 which provides the power of 2 traps in 1 device2 and is uniquely designed to catch more flying insects in more places3. Spotting a bug in your clean home can bring on an overwhelming ick, leading you to feel like you’ve lost control of your surroundings. In fact, a 2023 survey found that the majority of the p ...
The Reasons We Still Like Procter & Gamble
Seeking Alpha· 2024-02-19 17:42
NosUA/iStock via Getty Images Introduction The Procter & Gamble Company (NYSE:PG) provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. We have started covering PG in July 2022 and have written four articles on the company since then. During our entire coverage period, we have been bullish on the firm. The following screenshot shows our analysis history. Analysis history (Author) Slightl ...
P&G to Webcast Presentation From the Consumer Analyst Group of New York Conference, February 22
Businesswire· 2024-02-15 14:15
CINCINNATI--(BUSINESS WIRE)--Jon R. Moeller, Chairman of the Board, President and Chief Executive Officer and Andre Schulten, Chief Financial Officer of The Procter & Gamble Company (NYSE:PG) will be featured speakers at the Consumer Analyst Group of New York Conference on Thursday, February 22, 2024, at 9:00 a.m. ET. Media and investors may access the live audio webcast at www.pginvestor.com beginning at 9:00 a.m. ET. The webcast will also be available for replay. About Procter & Gamble P&G serves consu ...
The Next Procter & Gamble? 3 Consumer Stocks That Investors Shouldn't Ignore
InvestorPlace· 2024-02-14 18:47
You can take a list of consumer stocks that can be the “next Procter & Gamble” in many different ways. Certain small- and mid-cap stocks may share some of PG’s attributes. They are products that foster brand loyalty, offer pricing power and perhaps even pay a dividend.But these companies will have to deliver share price growth. Since 1984, that’s something that Procter & Gamble has done at a non-split adjusted average of over 130% in the last 40 years.  That kind of consistency is the definition of “when in ...