Stock Update (NYSE:PG): P&G to Webcast Discussion of Second Quarter 2015/16 Earnings Results on January 26

[Business Wire] – The Procter & Gamble Company will webcast a discussion of its second quarter earnings results on Tuesday, January 26, 2016 beginning at 8:30 a.m. ET. Read more on this. The Procter & Gamble Company (PG) , valued at $214.23B, opened this morning at $78.44. Today, shares have traded between $78.22 and $78.90 per share with its 52-week range being $65.02 to $91.79. PG shares are currently priced at 21.18x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 18.10x earnings multiple. And for dividend hunters, the company pays shareholders $2.65 per share annually in dividends, yielding 3.34%. 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 $0.03 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $3.75 is a $0.01 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $16.97 Billion. If realized, that would be a 15.82% decrease over the year-ago quarter. Recently, Sun Trust Rbsn Humphrey upgraded PG from Neutral to Buy (Sep 8, 2015). Previously, Sterne Agee CRT Initiated PG at to Neutral. The average price target for PG shares is $83.24, which is 6.12% above where the stock opened this morning. See more in (NYSE:PG) Similar Articles: Market Update: The Procter & Gamble Company (NYSE:PG) – P&G Releases 2015 Sustainability Report, Detailing Progress against 2020 Environmental and Social Goals Company Update: The Procter & Gamble Company (NYSE:PG) – P&G to Webcast Discussion of First Quarter 2015/16 Earnings Results on October 23 Stock Update (NYSE:EL): The Estée Lauder Companies to Webcast Discussion of Fiscal 2015 Fourth Quarter and Full Year Financial Results on August 17, 2015