Company Update: The Procter & Gamble Company (NYSE:PG) – Strong Moms Inspire Latest P&G “Thank You, Mom” Campaign

[PR Newswire] – ‘Proud Sponsor of Moms’ debuts ‘Strong’ ahead of Rio 2016 Olympic Games TORONTO, April 28, 2016 /CNW/ – With 100 days until the Opening Ceremony of the Rio 2016 Olympic Games, Procter & Gamble (NYSE: PG), … Read more on this. The Procter & Gamble Company (PG) , with a current market cap of $216.25B, started trading this morning at $79.48. Shares have traded today between $79.39 and $80.26 per share and has traded between $65.02 and $83.87 over the past year. PG shares are currently priced at 21.95x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 17.91x earnings multiple for the same period. And for passive income investors, the company pays shareholders $2.68 per share annually in dividends, yielding 3.31%. Consensus earnings for the current quarter by the 21 sell-side analysts covering the stock is an estimate of $0.74 per share, which would be $0.19 worse than the year-ago quarter and a $0.04 sequential decrease. The full-year EPS estimate is $3.64, which would be a $0.12 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $15.82 Billion. If realized, that would be a 11.07% decrease over the year-ago quarter. In terms of ratings, Sterne Agee CRT upgraded PG from Neutral to Buy (Feb 16, 2016). Previously, Stifel upgraded PG from Hold to Buy. The average price target for PG shares is $83.65, which is 5.25% above where the stock opened this morning. See more in (NYSE:PG) Similar Articles: Stock Update: The Procter & Gamble Company (NYSE:PG) – Strong Moms Inspire Latest P&G “Thank You, Mom” Campaign Company Update: The Procter & Gamble Company (NYSE:PG) – Actress Diane Guerrero and P&G’s Orgullosa Host ‘Living Fabulosa’ Event to Rally and Inspire Latinas to Seize Their Full Potential Market Update: The Procter & Gamble Company (NYSE:PG) – Market Opportunity and Discovery – Analyst Notes on Mondelez International, Marathon Petroleum, Procter & Gamble, and Avago Technologies