P&G-Procter & Gamble (PG) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Company Performance - Procter & Gamble (PG) stock closed at $168.16, with a +0.62% movement compared to the previous day, underperforming the S&P 500's daily gain of 0.97% [1] - Over the past month, PG shares have decreased by 5.08%, while the Consumer Staples sector lost 3.52% and the S&P 500 gained 5.41% [1] - The upcoming earnings release on October 18, 2024, is projected to show EPS of$ 1.90, a 3.83% increase year-over-year, with revenue estimated at $21.97 billion, up 0.45% from the previous year [1] Analyst Estimates - For the entire year, the Zacks Consensus Estimates forecast earnings of$ 6.97 per share and revenue of $86.04 billion, reflecting changes of +5.77% and +2.38% respectively compared to the previous year [2] - Recent changes to analyst estimates indicate a positive outlook for the company's business, as positive revisions correlate with stock price performance [2] Valuation Metrics - Procter & Gamble currently has a Forward P/E ratio of 23.97, which aligns with the industry's average Forward P/E of 23.97 [3] - The company has a PEG ratio of 3.62, compared to the Soap and Cleaning Materials industry's average PEG ratio of 3.34 [3] Industry Context - The Soap and Cleaning Materials industry is part of the Consumer Staples sector and holds a Zacks Industry Rank of 10, placing it in the top 4% of over 250 industries [4] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]