Market Update: The Procter & Gamble Company (NYSE:PG) – P&G Releases 2015 Sustainability Report, Detailing Progress against 2020 Environmental and Social Goals

[Business Wire] – The Procter & Gamble Company released its 17th annual sustainability report today, detailing the progress it is making to reduce its environmental footprint and improve social conditions for those in need. Read more on this. The Procter & Gamble Company (PG) , with a current value of $216.78B, started trading this morning at $78.71. Today, shares have traded between $78.48 and $80.00 per share with its 52-week range being $65.02 to $93.89. PG shares are currently priced at 20.88x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 17.45x earnings multiple for the same period. And for income investors, the company pays shareholders $2.65 per share annually in dividends, yielding 3.41%. In a review of the consensus earnings estimate this quarter, 20 sell-side analysts are looking at $0.98 per share, which would be $0.03 better than the year-ago quarter and a $0.04 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $3.75 would be a $0.01 worse when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $16.97 Billion. If reported, that would be a 15.82% decrease over the year-ago quarter. More recently, Sterne Agee CRT Initiated PG at Neutral (Jul 21, 2015). Previously, Hilliard Lyons upgraded PG from Neutral to Long-term Buy. When considering if perhaps the stock is under or overvalued, the average price target is $83.24, which is 5.76% above where the stock opened this morning. See more in (NYSE:PG) Similar Articles: Company Update: The Procter & Gamble Company (NYSE:PG) – Procter & Gamble Commits to Helping 100 Million Girls and Women Build Confidence Market Update: The Procter & Gamble Company (NYSE:PG) – Cadwalader Advising Procter & Gamble on Tax Aspects of the Merger of 43 Beauty Brands with Coty Stock Update (NYSE:IP): International Paper Releases 2014 Sustainability Report Demonstrating Significant Progress on 2020 Sustainability Goals, Showcasing Advances in Environmental and Social Commitments