Procter & Gamble Stock News

U.S. equity futures moved higher Wednesday, while Treasury yields extended their recent surge amid bets that the Federal Reserve will quicken the pace of near-term rate hikes as inflationary pressures continue to build in the world''s largest economy.

Futures Rebound Strongly From Overnight Rout As Yields Stabilize After what earlier looked like another assured overnight rout, especially after 10Y yields hit 1.90% and Brent rose as high as $89/bbl, US equity futures reversed earlier losses to trade higher as earnings optimism outweighed concerns over soaring bond yields and a 50bps March rate hike. As of 7:00am ET, emini S&P futures were up 14 points ot 0.3% to 4,585, Nasdaq futures were up 65 points or 0.44% and Dow futures were also in the green by 89 points or 0.25%. The dollar slumped after several days of sharp gains, the 10Y yield traded at 1.8826%, down from the session''s highest levels, and Brent was at $88.23. The prospect of accelerated policy tightening as well as concerns over the omicron variant and inflation hurting companies profits have whipsawed equities this year. The surge in Treasury yields has fueled a rotation out of expensive technology and growth shares and into cheaper parts of the market. Meanwhile, the 10Y yield has continued its aggressive push higher overnight, and hit a fresh 2 year high, rising just above 1.90% for the first time since Jan 2020, before retracing some of the move.

Procter & Gamble (PG) reports organic sales rose 6% in FQ2 as a strong performance in the health care and fabric & home care segment offset slower growth in beauty. Read more.

Procter & Gamble posted better-than-expected second quarter earnings Wednesday, while boosting its full-year sales forecast, as the consumer brands group said it''s making ''significant'' progress in offsetting higher freight and commodity costs.

Procter & Gamble press release (PG): Q2 Non-GAAP EPS of $1.66 beats by $0.01.Revenue of $20.95B (+6.1% Y/Y) beats by $610M.Organic sales of +6%.Raised FY2022 outlook: All-in

Quarterly sales rose 6%, led by health and cleaning products, with price increases accounting for half of the jump.

Shares of P&G have climbed 18% in the last 12 months, giving the company a market value of $387 billion.

Procter & Gamble (NYSE:PG) is scheduled to announce Q2 earnings results on Wednesday, January 19th, before market open.The consensus EPS Estimate is $1.65 (+46.0% Y/Y) and the…

Key Events This Holiday-Shortened Week: Earnings Galore, Central Banks And UK Inflation While the US is closed for MLK Day on Monday, the week kicked off with China''s monthly data dump but the PBOC upstaged this by surprisingly cutting rates on its medium term loans ahead of the GDP release. In the first move since April 2020 - which we said would happen one month ago - the PBOC lowered its one-year medium term lending facility (MLF) rate by 10bps to 2.85% from 2.95% and slashed the seven-day repurchase rate to 2.1% from 2.2%. Additionally, as DB''s Jim Reid writes, the central bank injected 700 bn yuan ($110 bn) worth of liquidity via the MLF and added 100 billion yuan of liquidity via reverse repos. Separately, data showed Q4 GDP expanded +4.0% y/y beating Bloomberg forecast of 3.3%. However, the rise was more muted in the last three months (+4.9%) as a real estate downturn combined with strict Covid-19 curbs hit activity. Other economic data showed that industrial production in China jumped by +4.3% in December from a year ago surpassing market expectations of a +3.7% growth.

P&G reports its latest results in just a few days.

The Procter & Gamble Company (NYSE:PG) declares $0.8698/share quarterly dividend, in line with previous.Forward yield 2.19%Payable Feb.

Procter & Gamble Co. (PG) shares closed today at 1.6% below its 52 week high of $165.32, giving the company a market cap of $393B. The stock is currently down 0.5% year-to-date, up 20.2% over the past 12 months, and up 120.7% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 9.1% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.4. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -1.3% The company's stock price performance over the past 12 months beats the peer average by 151.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 11.6% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Procter & Gamble Co. (PG) shares closed today at 1.5% below its 52 week high of $165.32, giving the company a market cap of $394B. The stock is currently down 0.5% year-to-date, up 19.1% over the past 12 months, and up 120.8% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 1.7%. Trading Activity Trading volume this week was 10.3% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.4. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -56.4% The company's stock price performance over the past 12 months beats the peer average by 210.3% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 12.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.