Is Trending Stock Procter & Gamble Company (The) (PG) a Buy Now?

Core Viewpoint - Procter & Gamble (P&G) is currently experiencing a mixed performance in the stock market, with a recent return of +2.5% over the past month, lagging behind the S&P 500's +3.5% and the Soap and Cleaning Materials industry's +1.4% [1] Earnings Estimates - For the current quarter, P&G is expected to report earnings of $1.37 per share, unchanged from the previous year [3] - The consensus earnings estimate for the current fiscal year is $6.55, reflecting an increase of +11% from the prior year, with no change in the estimate over the last 30 days [3] - For the next fiscal year, the consensus estimate is $6.97, indicating a +6.3% change from the expected report a year ago, also remaining unchanged over the past month [3] - P&G holds a Zacks Rank 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [3] Revenue Growth - The consensus sales estimate for the current quarter is $20.81 billion, representing a year-over-year increase of +1.3% [5] - For the current fiscal year, the sales estimate is $84.32 billion, indicating a +2.8% change, while the next fiscal year's estimate is $87.18 billion, reflecting a +3.4% change [5] Last Reported Results - In the last reported quarter, P&G generated revenues of $20.2 billion, a +0.6% increase year-over-year [6] - The EPS for the same period was $1.52, compared to $1.37 a year ago, with a revenue surprise of -1.41% against the Zacks Consensus Estimate [6] - P&G has consistently beaten consensus EPS estimates in the last four quarters and topped revenue estimates twice during this period [6] Valuation - P&G is graded D in terms of valuation, indicating it is trading at a premium compared to its peers [9] - The Zacks Value Style Score system assesses stocks based on various valuation metrics, helping to identify whether a stock is overvalued, rightly valued, or temporarily undervalued [8] Conclusion - The information presented suggests that P&G may outperform the broader market in the near term, supported by its Zacks Rank 2 [10]