In the latest trading session, Procter & Gamble (PG) closed at $146.93, marking a +2.67% move from the previous day. This move outpaced the S&P 500's daily gain of 1.2%. Elsewhere, the Dow gained 1.79%, while the tech-heavy Nasdaq added 1.52%.
The world's largest consumer products maker's stock has dropped by 1.19% in the past month, exceeding the Consumer Staples sector's loss of 3.48% and lagging the S&P 500's gain of 5.15%.
The investment community will be paying close attention to the earnings performance of Procter & Gamble in its upcoming release. The company is slated to reveal its earnings on April 24, 2026. The company's earnings per share (EPS) are projected to be $1.57, reflecting a 1.95% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $20.6 billion, indicating a 4.17% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $6.96 per share and revenue of $86.71 billion, which would represent changes of +1.9% and +2.88%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Procter & Gamble. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.15% lower. Procter & Gamble is currently a Zacks Rank #3 (Hold).
Investors should also note Procter & Gamble's current valuation metrics, including its Forward P/E ratio of 20.55. This represents a premium compared to its industry average Forward P/E of 18.01.
It is also worth noting that PG currently has a PEG ratio of 5.51. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Consumer Products - Staples industry was having an average PEG ratio of 2.99.
The Consumer Products - Staples industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 191, placing it within the bottom 22% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow PG in the coming trading sessions, be sure to utilize Zacks.com.
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This article originally published on Zacks Investment Research (zacks.com).