|Bid||115.44 x 1200|
|Ask||115.42 x 900|
|Day's Range||114.79 - 115.88|
|52 Week Range||77.54 - 115.88|
|Beta (3Y Monthly)||0.34|
|PE Ratio (TTM)||27.45|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||2.98 (2.59%)|
|1y Target Est||107.71|
Procter & Gamble launched a commercial in March to advocate equal pay for women who play soccer, and on Sunday the company pressed the issue further with a full-page ad in the New York Times.
DEEP DIVE Investors clearly find the U.S. stock market an attractive haven in a world of incredibly low (or negative) interest rates. The S&P 500 Index (SPX) hit an all-time intraday high on July 10, rising above 3,000 for the first time, before closing at 2,993.
Coty bit off more than it could chew when it bought Procter and Gamble's beauty business. The multinational just released details on an ambitious effort to fix improve performance.
Procter & Gamble (PG) closed the most recent trading day at $114.39, moving +0.56% from the previous trading session.
Procter & Gamble Co. slipped to fourth-largest advertiser in the United States in 2018 – down from No. 2 the previous year despite spending almost as much, according to new estimates by Advertising Age.
Colgate's (CL) strong surprise trend, higher pricing, strong innovation and expansion efforts bode well. However, high input costs and currency headwinds concerns.
AB InBev (BUD) witnesses robust sales momentum on strength in global brands as well as global premiumization and revenue management plans. However, higher costs continue to mar the bottom line.
The Board of Directors of The Procter & Gamble Company declared a quarterly dividend of $0.7459 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after August 15, 2019, to Common Stock shareholders of record at the close of business on July 19, 2019, and to Series A and Series B ESOP Convertible Class A Preferred Stock ...
A former Procter & Gamble vice president has been hired as chief executive of a company that makes products that compete with those of Procter.
Procter & Gamble Co. has filed an application to trademark the word Sunny in the United Kingdom. The Cincinnati-based maker of consumer goods such as Gillette razors (NYSE: PG) didn’t state in the application when it might introduce products using such a name. The trademark also would apply to shaving preparations, including shaving creams, shaving gels, shaving oils, shaving lotions and shaving foam as well as after-shave splashes, lotions and balms.
PepsiCo (PEP) beats earnings and sales estimates in second-quarter 2019. Results gain from strength in all of its businesses.
PepsiCo (NASDAQ:PEP) shareholders clearly expect to hear more good news when the beverage and snack giant reports its fiscal second-quarter numbers on Tuesday morning. Pepsi stock is up 9% since its most recent quarterly report. It has also rallied nearly 18% since the Q4 2018 Pepsico earnings. By consumer-staples standards, that's a monumental run up.Source: Shutterstock It's also not a terrible bet. Although the big move does present some valuation-based challenges for Pepsi stock, it's been years since Pepsico earnings have missed. Indeed, it's only failed to beat quarterly bottom-line estimates once in the past three years alone.Still, the sheer scope of the multi-month gain sets the stage for potential profit-taking. Should the Pepsico earnings report present anything less than ideal, a beat may prove irrelevant.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Pepsico Earnings PreviewFor the most recent look, analysts collectively expect the company to report earnings of $1.50 per share of Pepsi stock. Additionally, forecasts call for sales of $16.42 billion. That bottom line would be up versus the operating profit of $1.49 per share that Pepsico booked in the comparable quarter from a year earlier. Furthermore, revenue at that level would mark a 2.1% improvement on the year-ago top line of $16.1 billion. * 7 Retail Stocks to Buy That Are Down in 2019 Adverse currency-exchange rates have been and continue to weigh results down. However, please note that rivals like Coca-Cola (NYSE:KO) and Procter & Gamble (NYSE:PG) have lamented the same headwind. During the first fiscal quarter of 2019, disadvantageous foreign exchange rates reduced Pepsico's per-share profit by 2%. 3 Things to WatchWhile a multi-faceted company, investors will only be able to respond to the most noteworthy changes in the company's business. Three items presently matter more than any other. As such, they need to be weighed carefully during and following the Q2 Pepsico earnings report.1.Organic SalesOrganic revenue is a figure that strips away the misleading impact of changes in currency-exchange rates. It also removes changes associated with business acquisitions or divestments. In other words, it is a more accurate picture of a corporation's true health and Pepsico stock specifically.For Q1, Pepsico saw organic sales growth of 5.2%. Assuming the company maintains this stride, it's a repeatable target.2.Full-Year GuidanceWith its Q1 Pepsico earnings report, PEP modeled full-year organic revenue growth of 4%. And though it also cautioned per-share profits could decline by 1% in 2019, that would be entirely due to investment being made in its growth. Perhaps more importantly, Pepsico guided for $9 billion in operating cash flow and $5 billion in free cash flow. Management is planning on giving $8 billion of that back in the form of dividends and stock repurchases.Changes to that initial outlook have the potential to move Pepsi stock, for better or worse.3.Revenue Mix Vs. Profit MixNorth America's beverage arm is the company's biggest by revenue, producing 32.2% of Q2 2018's top line. It's not Pepsico's breadwinner in terms of income though. That honor belongs to North America's Frito-Lay snack-food unit. This arm accounted for 23.8% of the year-ago revenue but contributed 39.6% of the company's total operating earnings.While it's unlikely to change much, you should look out for any variances of each unit's sales and earnings contributions. Even small fluctuations could signal trouble and potential disruption of Pepsi's low-margin business. Looking Ahead for Pepsi StockRegardless, investors mostly have to embrace that judging Pepsico stock right now isn't a simple exercise.Just a few days ago, analysts with Bank of America Merrill Lynch noted that FY2019 is an "investment year." Specifically, management hopes to bolster growth through capability enhancement, manufacturing, and go-to market capacity additions. Further, advertising and marketing investments should increase consumer awareness.It's a work in progress and will be difficult to ferret out any specific impacts just yet. However, the market may respond to a qualitative feel on how this spending is setting up future growth.On the other hand, that qualitative feel for Pepsico stock may not matter at all right now.While it would be unlikely Pepsico fails to continue moving fiscally forward, that might not be enough for Pepsi stock. Click to EnlargeOne has to zoom out to a multi-year chart of Pepsi stock to fully appreciate it. However, the rebound since May of last year has been more than dramatic. In fact, the 37% jump over this timeframe is unprecedented.It's also carried Pepsico stock back to a familiar resistance line that tags all the major price peaks going back to 2011.Now valued at a trailing price-earnings ratio near 23 and a forward-looking of 24, we've got to get real: there's little plausible room for more upside even if the beverage and snack company does everything it's expected to do. Prior to 2015, a trailing PE anywhere but the mid-teens was unusual. Therefore, you should approach Pepsico stock with caution.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy That Are Down in 2019 * 7 of the Best SPDR ETFs -- Besides SPY and GLD * 5 Dividend Stocks to Buy From Across the Globe The post Even a Solid Q2 Report May Not Push Pepsi Stock Any Higher appeared first on InvestorPlace.
(Bloomberg) -- The owner of Zest soap, VO5 shampoo and Binaca breath freshener wants its brands to be top-of-mind, but that’s hard to do when stores relegate them to the bottom shelf -- or drop them entirely.That’s the dilemma facing High Ridge Brands Co., which markets a collection of personal care products whose names have lost their former clout. Some of the brands had their heyday years ago, and it didn’t help that Walmart Inc., the nation’s biggest retailer, stopped stocking some of High Ridge’s skin and hair products in its stores, Moody’s Investors Service said in a report last year.Investors have taken notice, with High Ridge’s most junior junk-rated debt quoted at pennies on the dollar. Credit raters cite growing concern that the firm can’t keep up with its more than $500 million debt load, and a September interest payment looks particularly doubtful to S&P Global Ratings. This leaves High Ridge little time and cash to compete for attention with consumer product giants.“When you’re trapped at the bottom of the shelf, it’s a tough world out there,” said Laura Ries, half of the eponymous brand consultancy Ries & Ries in Atlanta. “Brands are incredibly valuable, but they also don’t necessarily live forever.”High Ridge was formed by Brynwood Partners LP in 2010 to acquire the rights to Zest from Procter & Gamble Co. in the U.S., Canada and the Caribbean. Over the years, it picked up other names like Coast, White Rain shampoo, Rave and Salon Grafix. Private equity firm Clayton, Dubilier & Rice bought the Stamford, Connecticut-based company in 2016 in a deal valued at $415 million.Clayton, Dubilier & Rice declined to comment for this article; High Ridge and Walmart didn’t respond to messages.American consumers got to know Zest soap through splashy 1980s TV commercials that boasted a wash free of soap residue -- Zestfully clean. Product development and customer tastes have changed, sparking innovations like brands that are free of preservatives or those that keep the environment in mind. Millions of Americans have stopped using Zest bar soap since 2011, data compiled by Statista show. “Mass market hair care and and mass-market cleansing have had a difficult time,” Deborah Aitken, a consumer products analyst for Bloomberg Intelligence, said in an interview. “The mid-end, there’s so much competition fighting for space.”New SpiceIt’s possible to revive a faltering brand, as shown by P&G’s Old Spice. The soap and fragrance brand had been relegated to the realm of old men until an aggressive advertising campaign -- recall the shimmering man on a horse, from 2010 -- helped re-position it. Such turnarounds are hard to pull off, and they’re expensive: The campaign included TV, print, social media and personalized videos, and featured supermodel Fabio.High Ridge doesn’t have the same financial heft as P&G. High Ridge doesn’t publicly report earnings, but in March 2017, Moody’s pegged annual revenue at about $370 million. At the time, S&P predicted debt would remain below 7 times Ebitda -- a key measure of profitability for debt holders. By mid-2019, the ratings firm estimated debt at more than 20 times Ebitda.Two years ago, High Ridge brought in Patricia Lopez as chief executive officer to help turn things around. Her background includes managing brands for P&G, Estee Lauder and Avon such as Aerin, Pantene, Head & Shoulders, Pampers and Gillette, High Ridge said.Getting shelf space at a store like Walmart can be a make-or-break matter for consumer goods, and the fierce competition includes costly “slotting fees” demanded by some retailers to open up space. At High Ridge, about 40% of revenue came from just two stores -- Walmart and Dollar Tree Inc. -- according to a Moody’s report from last year, which said that level of concentration limits the company’s bargaining power over shelf space relative to big competitors.A spike in the price of palm oil -- a major ingredient in soap -- also hurt the company in 2017, and the following year High Ridge began having problems with one of its major soap suppliers, according to S&P. When S&P downgraded High Ridge to CCC- in May, the ratings firm predicted a default or restructuring.Default Warning“They’re obviously struggling,” said S&P analyst Jerry Phelan. “Their liquidity is weak and we don’t think they’re going to be able to make their next interest payment.” About $11 million is due in September, according to data compiled by Bloomberg, followed by another payment in March 2020 and a credit line that matures in 2021.Bonds that High Ridge sold in 2017 to help buy oral care brand Dr. Fresh are quoted around 10 cents on the dollar. A first-lien term loan was quoted below 84 cents earlier this year.“A lot of these roll-ups have happened because companies are shedding these brands,” Ries said, noting that in 2014 P&G disclosed plans to sell as many as 100 brands. “Rolling up all these little tiny ones is tough.”\--With assistance from Matthew Boyle.To contact the reporter on this story: Jeremy Hill in New York at email@example.comTo contact the editors responsible for this story: Rick Green at firstname.lastname@example.org, Nicole BullockFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Church & Dwight (CHD) is gaining on the back of strong organic sales trend, buyouts, focus on international business, product innovations and portfolio expansion.
Sometimes in investing it truly does stand to reason that you should buy what you use. And right now Disney (NYSE:DIS) is a shinning example of this. I've said it before, and it bears repeating today, there's a lot to like about Disney stock.Source: Baron Valium via FlickrAnd off the price chart, analysts at Goldman Sachs agree. According to Goldman, Disney stock is one of five "superstar stocks" to buy now.The other names currying favor as superstar stocks include Ford (NYSE:F), Procter & Gamble (NYSE:PG), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Altria (NYSE:MO).InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe firm's enthusiasm for DIS and these other companies is based on their ability to dominate their respective industries. In turn, this allows for stronger bargaining power and higher profitability. Not surprisingly, much of what's supporting Goldman's view for DIS stock comes from people like you and I who enjoy a whole lot of what Disney offers. * 10 Stocks That Should Be Every Young Investor's First Choice From the entertainment giant's box-office breaking Avengers: Endgame release this summer, to its dominant theme park business and latest hit attraction Star Wars: Galaxy Edge, to the company's upcoming Disney+ streaming platform, there's something for everyone it seems.Still, Disney's business wherewithal and our enthusiasm to buy its products and services doesn't mean buying shares of DIS stock will necessarily be gratifying, let alone in the immediate future. But right now off and on the price chart, Disney is looking like one of those opportune times. Disney Stock Weekly Chart Click to EnlargeIt has been a solid year for DIS stock investors. Shares are up 30% compared to the S&P 500's gains of around 18%. But there's good reason to see this friendly trend as continuing in 2019's second half.As the weekly chart in Disney reflects, after consolidating for more than three years, 2019 has literally and figuratively been a breakout year for Disney stock. If we're to believe long periods of price congestion like the one in DIS lead to outsized rewards once shares finally break free of those patterns, then shares may only be half way home.Conservatively, I'd put a price target on my optimism for DIS stock at $175. And with shares now consolidating for the past couple of weeks in a small base on either side of the April all-time-high, there's sufficient evidence Disney is about to reassert its forceful trend.For investors agreeable with our outlook, my suggestion is to buy shares above $144. That's marginally above the mid-June pattern and all-time-high.To guard against bearish risks, I'd place a stop below $137. This exit is just beneath the current low of the price consolidation. It also keeps risk smartly contained to less than 5%. And in the event we're right about Disney's price trajectory, the strategy looks like an even more compelling way to enjoy the ride.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy That Are Down in 2019 * 7 of the Best SPDR ETFs -- Besides SPY and GLD * 5 Dividend Stocks to Buy From Across the Globe The post This Classic Buying Strategy Will Work Wonders With Disney Stock appeared first on InvestorPlace.
With unemployment in the U.S. at a 50-year low, the conversation about factory automation has shifted from industrial robots taking jobs to robots coming in to help solve labor shortages.