|Bid||87.17 x 1800|
|Ask||87.30 x 1300|
|Day's Range||84.86 - 87.76|
|52 Week Range||70.73 - 93.14|
|Beta (3Y Monthly)||0.32|
|PE Ratio (TTM)||23.79|
|Earnings Date||Oct 18, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||2.87 (3.58%)|
|1y Target Est||83.83|
The benchmark S&P 500 stock index slipped on Friday. As Fred Katayama reports, strong earnings from Procter & Gamble were offset by ongoing concerns about rising interest rates and geopolitical tensions.
The gains were a signal that the consumer products giant may be entering a period of more robust growth after a yearslong struggle to adapt to rising competition, higher costs and a consumer shift toward smaller brands. P&G’s woes led to the costliest board fight in history and promises by executives of dramatic changes, but there were few signs that the moves were taking hold. Investors cheered the results on Friday, sending P&G shares up 8.3% to $87—its highest percentage gain in a decade.
Procter & Gamble executives sounded cautious on Friday despite reporting one of the company’s best quarters in several years. The consumer-products giant said organic sales rose 4% in the quarter through September, the fastest pace of growth in five years. There was volume growth across P&G’s many categories, such as shaving and fabric care.
Investing.com - The S&P 500 closed just below the flatline Friday as upbeat earnings from corporates helped ease investor jitters about global growth.
NEW YORK (AP) — U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued to sell former favorites like retailers. Household goods makers rose again as a week of choppy trading concluded.
The volume gains, the adaptation to new channels, the defeat of private label, these are all specific to P&G. But the group has a run because fee-hungry entities create ETFs and then say that they are best to use to avoid single stock risk. This is nonsense.
CNBC's Jim Cramer prepares for what he thinks may be the "toughest" earnings week yet. The upcoming week of earnings reports may be the "toughest of all," CNBC's Jim Cramer warned after Friday's trading produced "the most treacherous up day" he'd seen in years. "We have more blowups in high-growth stocks, more disappointment in tech, more sadness in health care, and they're offset by just a fantastic pair of rallies in Procter & Gamble and PayPal ," the "Mad Money" host said.
Consumer staples stocks have been starved for good news for much of the year, but the group was headed higher on Friday, thanks to upbeat earnings from Procter & Gamble.
Stocks that moved substantially or traded heavily Friday: Procter & Gamble Co., up $7.06 to $87.30 The consumer products company reported a greater-than-expected profit as beauty product revenue rose. ...
The U.S. benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter & Gamble Co were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth. Shares of Procter & Gamble jumped 8.8 percent after the consumer goods company reported a surprise rise in first-quarter sales. The climb in Procter & Gamble shares lifted the Dow and helped advance the S&P 500 consumer staples index 2.3 percent.
The Dow Jones Industrial Average rose slightly Friday, holding on to slim gains after suffering losses of more than 300 points in the previous session. rose 7.8% after the consumer products giant posted fiscal first-quarter sales and earnings that topped estimates. The Dow Jones Industrial Average rose 64.89 points or 0.3%, to 25,444.34, the S&P 500 lost one point and the Nasdaq fell about 0.5%.
Stocks closed mostly lower Friday and well off session highs as the market's rebound earlier in the week turned back into a pumpkin. The Dow Jones industrial average was the only major index higher.
The benchmark S&P 500 stock index slipped on Friday as strong earnings from Procter & Gamble Co were offset by ongoing concerns about rising interest rates and geopolitical tensions denting U.S. economic ...
Procter & Gamble, PayPal and Dentsply Sirona staked out early leads Friday as a rebounding market looked to stem its three-week decline.
Among IBD's 197 stock groups, soap, personal care and oil stocks were the day's top performers as the indexes retook their 200-day moving averages.
Though down sharply from a big early gain, the Dow Jones industrial average continued to lead Friday as Procter & Gamble and American Express jumped.
Blue chips were among the best performers Friday as major stock indexes rebounded after Thursday's sell-off. Procter & Gamble and AmEx led the Dow higher.
Investors cheered the first-quarter results, which the company says is proof its turnaround is working. “It is broad based, both in geography and brand,” Chief Executive Officer David Taylor said in a phone interview Friday. Organic sales, which exclude items like acquisitions and currency effects, rose 4 percent, P&G said, more than double the gain projected by analysts.
The U.S. benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter & Gamble Co were balanced by ongoing concerns about rising interest rates and geopolitical tensions denting U.S. economic growth. Shares of Procter & Gamble jumped 8.3 percent after the consumer goods company reported a surprise rise in first-quarter sales. Procter & Gamble was one of the top boosts to the S&P 500, and its rise helped advance the S&P 500 consumer staples index 2.3 percent.