|Bid||125.25 x 800|
|Ask||125.73 x 900|
|Day's Range||123.65 - 126.55|
|52 Week Range||92.97 - 127.00|
|Beta (5Y Monthly)||0.38|
|PE Ratio (TTM)||79.11|
|Earnings Date||Apr 20, 2020 - Apr 26, 2020|
|Forward Dividend & Yield||2.98 (2.36%)|
|Ex-Dividend Date||Jan 21, 2020|
|1y Target Est||129.05|
Procter & Gamble (NYSE: PG) released its fiscal year 2020 second-quarter results ahead of the opening bell on Thursday. The Cincinnati-based consumer products giant reported $18.2 billion in quarterly sales, a 5% increase over the previous year but short of the $18.4 billion consensus compiled by analysts who follow the company. P&G saw organic sales increases of 7% for the quarter in the beauty category (Olay and Pantene) and the health unit (Vicks and Crest).
Wall Street struggled for direction on Thursday as investors digested mixed earnings and developing news about the coronavirus outbreak emanating from China. Health officials in China put millions of people on lockdown in efforts to contain a coronavirus outbreak that has so far claimed 18 lives, but the World Health Organization (WHO) announced it was "a bit too early" to declare the virus a global health emergency. Additionally, a spate of earnings reports, while beating Street estimates in many cases, have failed to impress investors.
Quarterly earnings results from Comcast, Southwest, American Airlines, and more. And a look at why Pure Storage, Inc. (PSTG) is a Zacks Rank 1 (Strong Buy) stock right now, as it trades under $20 a share...
Procter & Gamble's (PG) bottom line beats estimates in second-quarter fiscal 2020, while sales miss. Adjusted free cash flow productivity increases to 100%.
Shares in P&G were flat in early trading. A slowing global birthrate has hit P&G and competitors like Huggies diapers maker Kimberly-Clark , particularly in China and the United States. Premium baby-care sales in China are up 20-30% so there are still opportunities despite the slow birthrate, Chief Operating Officer Jon Moeller said on a post-earnings call.
The ECB today has decided to keep its deposit rate of -0.5% and refinance operations of 0.0% unchanged, in order to further coerce inflation to track with analysts' target.
The Dow Jones industrials fell as many as 200 points on spreading virus fears and earnings results. Tesla was downgraded.
Tyson Foods (TSN) is focused on enhancing portfolio to capitalize on the rising demand for protein-packed products. However, rising input costs are a concern.
U.S. stocks opened lower on Thursday as investors watched China's efforts to contain the coronavirus's rapid spread in Asia. The S&P 500 was down 0.2% to 3,316. The Dow Jones Industrial Average shed 117 points ,or 0.4%, to 29,069. The Nasdaq Composite edged 0.1% lower to 9,372. So far, Chinese officials have announced that three cities including Wuhan have been locked down, preventing residents from leaving. On monetary policy, the European Central bank announced it would keep interest rates unchanged, but ECB President Christine Lagarde said downside risks to the outlook were less pronounced than before. In company news, shares of P&G were down after the consumer-products company reported a fiscal second-quarter profit above analyst expectations. Shares of Dow-component Traveler's also fell after its earnings and revenues topped Wall Street estimates.
Fears around the coronavirus grew stronger as the number of cases rose and China shut down travel from a city of 11 million people. Asian markets got hit pretty good last night, with the market in Shanghai down nearly 3%. Now some of that negativity appears to be crossing the Pacific, judging from weakness in pre-market trading here in the U.S.
Procter & Gamble stock is under a bit of pressure Thursday, after the consumer-products icon reported its fiscal-second-quarter results. Here's how to trade PG now.
Wall Street was set to open lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a lockdown of two cities in the country, while a mixed bag of results added to the dour sentiment. The benchmark S&P 500 closed slightly higher on Wednesday but well below its record high after attempting to bounce back from sharp losses earlier in the week on concerns about the virus outbreak hitting the global economy. China put on lockdown on Thursday two cities at the epicentre of the coronavirus outbreak that has killed 17 people and infected nearly 600 amid fears the transmission rate will accelerate as hundreds of millions of Chinese travel for the Lunar New Year holidays.
Procter & Gamble stock slipped 2% in premarket trading on Thursday, as the consumer staples giant missed sales expectations in the second quarter.
P&G (PG) delivered earnings and revenue surprises of 3.65% and -0.54%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Planters just killed off its iconic Mr. Peanut mascot in a Super Bowl pregame ad. The Kraft Heinz (KHC)snack brand changed the name on Mr. Peanut’s official Twitter (TWTR)account on Wednesday to “The Estate of Mr. Peanut” and tweeted that the natty nut known for his top hat, monocle, spats and cane had passed away. It is with heavy hearts that we confirm that Mr. Peanut has died at 104.
Procter & Gamble today reported solid second-quarter organic sales growth of 5%, indicating that the company continues to make progress as a result of the turnaround strategy undertaken four years ago by CEO David Taylor.
Procter & Gamble (NYSE: PG ) reported second-quarter earnings of $1.42 per share on Thursday, which beat the analyst consensus estimate of $1.37 by 3.65%. This is a 13.6% increase over earnings of $1.25 ...