114.88 +0.01 (0.01%)
After hours: 4:11PM EDT
|Bid||114.71 x 100|
|Ask||115.32 x 200|
|Day's Range||114.38 - 119.29|
|52 Week Range||114.38 - 150.40|
|PE Ratio (TTM)||18.95|
|Earnings Date||May 2, 2018|
|Forward Dividend & Yield||3.84 (3.02%)|
|1y Target Est||139.07|
Procter & Gamble (PG) reported net sales of $16.3 billion, a rise of 4.3% YoY (year-over-year), which exceeded analysts’ expectations. As expected, Procter & Gamble’s top line benefitted from improved volumes and favorable currency rates. Also, the improved mix contributed 1% to the net sales growth rate.
Procter & Gamble (PG) reported adjusted earnings of $1.00 per share in fiscal 3Q18, which came in ahead of analysts’ estimate of $0.98 and increased 4.2% YoY (year-over-year). Moreover, Procter & Gamble has now surpassed analysts’ earnings expectations in the past 12 quarters. However, what didn’t sit well with investors was the company’s low EPS growth rate, especially given the benefits from favorable currency rates, the low tax rate environment, and strong productivity savings.
Most of the analysts covering Colgate-Palmolive (CL) have maintained “hold” ratings on its stock as a soft sales environment, a moderating category growth rate, increased competition, and margin headwinds have kept them on the sidelines.
NEW YORK, NY / ACCESSWIRE / April 20, 2018 / The Clorox Company and Procter & Gamble both sank to new lows on Thursday. The Clorox company saw its shares decrease after a downgrade from a Morgan Stanley ...
As for Colgate-Palmolive (CL), the company’s profit margins are likely to be adversely impacted by inflation in commodity prices, including resins and pulp. Higher logistics costs and increased advertising spending to support new product launches and drive market share are also expected to hurt its margins. Higher volumes, a focus on productivity savings, and SKU optimization are likely to support its margins.
Analysts expect Colgate-Palmolive (CL) to report sales of $4.0 billion in 1Q18, which represents a YoY (year-over-year) rise of 6.6%. The graph above shows that Colgate-Palmolive’s sales are showing an improving trend thanks to favorable currency rates and improvements in its volumes. Colgate-Palmolive’s top line is likely to benefit from improvements in volumes driven by new product launches in the oral and personal care segments backed by increased investments in advertising.
Colgate-Palmolive’s (CL) earnings have remained flat over the past two quarters as benefits from currency tailwinds, improved volumes, and cost savings have been offset by higher raw material and packaging costs, lower pricing, and advertising spending. What could drive Colgate-Palmolive’s 1Q18 EPS? Colgate-Palmolive’s bottom line is expected to benefit from an improvement in its volumes.
Procter & Gamble Co (NYSE:PG) stock took a hit following its earnings announcement. Although the company beat on both revenue and net income, earnings guidance disappointed Wall Street. Most of its peers in the consumer defensive sector also saw stock price drops on slower-than-expected growth.
Colgate-Palmolive (CL) is set to announce its 1Q18 earnings on April 27, 2018. Analysts expect the company’s top line to continue to improve driven by higher volumes and increased market share. New product launches and higher advertising spending are likely to support the company’s volumes.
Morgan Stanley's Dara Mohsenian cuts his rating on Clorox to underweight from equal weight and slashed his price target to $116 a share from $128. Mohsenian says some of the challenges Clorox faces are pricing pressures and a shift away from "large established brands towards smaller brands" by consumers. Given these factors, "we believe consensus expectations for CLX are too high on both organic sales growth and gross margins over the next few years," Mohsenian notes.
Packaged food, beverages, tobacco and the rest of consumer staples haven't rewarded investors lately (but don't say we didn't warn you). Today, big household product makers are weighing on the sector. Procter & Gamble (PG) is falling on Thursday following its fiscal third-quarter earnings report. The maker of personal-care products earned $1 a share, a penny ahead of estimates, while revenue climbed 4.3% year-over-year to $16.28 billion, squeaking past the $16.22 billion consensus estimate.
OAKLAND, Calif. , April 19, 2018 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today that Lyne Brown, vice president of e-commerce, will be a featured speaker at the Goldman Sachs Global Staples ...
Kimberly-Clark (KMB) is expected to sustain its sales momentum in 1Q18, thanks to anticipated growth in volumes. Moreover, the company’s bottom line is projected to benefit from cost savings and a lower tax rate. However, most analysts prefer to maintain a “hold” rating on Kimberly-Clark stock, given the soft sales environment and near-term margin headwinds.
Kimberly-Clark (KMB) stock is trading at a forward PE (price-to-earnings) multiple of 15.2x, which is about 26% lower than the peer group average of 20.6x. Moreover, the company’s valuation multiple is also lower than the S&P 500 Index (SPY), which is trading at a forward PE ratio of 17.1x as of April 12.
Kimberly-Clark’s (KMB) profit margins are expected to remain muted, given the headwinds stemming from lower net selling prices and inflation in commodities and transportation costs. Kimberly-Clark’s promotional spending, as a result of soft product demand and increased competitive activity, is resulting in lower net selling prices. In turn, lower prices are affecting margins.
Kimberly-Clark’s (KMB) top line has been affected by lower pricing in the United States amid increased competition and a moderating category growth rate. Despite challenges, analysts expect Kimberly-Clark to sustain its sales momentum in 1Q18, led by improvements in volumes. Kimberly-Clark’s top line is expected to benefit from improvement in volumes, primarily in the personal care segment, led by gains from its joint venture in India.
Kimberly-Clark (KMB) is expected to announce its 1Q18 earnings on April 23. Analysts expect Kimberly-Clark to report adjusted earnings of $1.71 per share, which reflects YoY (year-over-year) growth of 8.9%. Improved sales and increased cost savings are expected to support Kimberly-Clark’s earnings growth.
Kimberly-Clark (KMB) is expected to announce its 1Q18 results on April 23. Analysts expect the company’s sales to sustain their momentum, led by improvements in volumes. Innovation-led products and brand investments are expected to support sales. Moreover, gains from the India joint venture should further drive net sales growth. However, lower net selling prices—due to promotional spending amid increased competition—are likely to remain a drag.
Procter & Gamble (PG) continues to be one of the most consumer-friendly stocks. The company has a long history of enhancing shareholders’ returns through higher dividends and share buybacks. During the first half of fiscal 2018, Procter & Gamble returned close to $8 billion in the form of dividends and share repurchases.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
In some cases, tests are discovering lead and other contaminants, and in order to provide clean and safe drinking water, schools are turning to bottled water as a quick but unsustainable fix for students. In response, Brita and Stephen Curry are stepping up to help provide safe and sustainable long-term solutions to schools in need. To ensure the choice for schools today doesn't become an environmental and financial problem for schools tomorrow, Brita is launching the Filter for the Future program in collaboration with the Alliance for a Healthier Generation, which pledges $1 from the sale of any Longlast™ filter or product to provide schools across the country with Brita Hydration Stations - water filtering stations that reduce lead1 and other contaminants from drinking water.