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Replies to #29 on Buy / Hold Stocks

gfp927z

09/23/23 8:20 PM

#30 RE: gfp927z #29

>>> The Procter & Gamble Co. (PG) has benefitted from robust pricing and a favorable mix, along with strength across segments. PG’s products play a key role in meeting the daily health, hygiene and cleaning needs of consumers around the world. PG has witnessed continued strong momentum as reflected by the underlying strength in brands and appropriate strategies, which aided its organic sales growth.


https://finance.yahoo.com/news/fed-dampens-wall-street-sentiments-121000701.html


Procter & Gamble remains focused on productivity and cost-saving plans to boost margins. PG’s continued investment in the business alongside its efforts to offset macro cost headwinds and balance top and bottom-line growth underscores its productivity efforts. PG is witnessing cost savings and efficiency improvements across all facets of the business.

Procter & Gamble has an expected earnings growth rate of 4.4% and 8.1%, respectively, for the current year (ending June 2024). The Zacks Consensus Estimate for current-year earnings has improved 0.9% over the last 60 days. PG has a current dividend yield of 2.45%.

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