Procter & Gamble (PG) Stock

Dublin, February 4, 2025 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com has included a new report titled "Enterprise Tech Ecosystem Series: The Procter & Gamble Company 2024" in its collection.

We have just released a list of the 12 Best Defensive Stocks to Buy at the moment. In this article, we will examine how The Procter & Gamble Company (NYSE:PG) compares to other top defensive stocks available for purchase. A significant factor affecting the current market mood is the recent decline in technology stocks.

P&G is one of the companies known as Dividend Kings, having paid and increased its dividends for over 50 years. In its fiscal year 2024, which concluded on June 30, 2024, P&G saw a net sales growth of only 2%. This growth was mainly due to a 4% rise in prices, although it was slightly reduced by a 2% negative impact from foreign exchange rates.

Procter & Gamble (NYSE: PG) has just announced its financial results for the second quarter of fiscal 2025, which ends in June. The company's revenue reached $21.9 billion, and adjusted earnings were $1.88 per share, both exceeding analysts' expectations of $21.5 billion and $1.86.

P&G has experienced an increase in volume growth and confirmed its financial outlook for the year. Additionally, the company's performance in Greater China has greatly improved, with organic sales dropping only 3% instead of the 15% decline seen last quarter. CFO Andre Scholten mentioned that there is a rise in consumption and travel retail from China, indicating that the company is moving back towards growth in that region.

We have just released a list of the 11 Best Bear Market Stocks to Invest In Right Now. In this article, we will examine how Procter & Gamble Company (NYSE:PG) compares to other top bear market stocks. As of January 2025, the general opinion among US economic experts is leaning towards […]

Procter & Gamble (NYSE: PG) has once again shown that it is a reliable investment, being a strong blue-chip company that can increase its value for shareholders over time. Although the stock price might drop and the market could be unstable, it generally moves upward, and early in 2025, the charts indicate a positive trend.

Procter & Gamble, a U.S. company that makes consumer goods, may raise prices on everyday items like Tide detergent if President Donald Trump introduces new tariffs that raise import costs, an executive mentioned on Wednesday.

Wells Fargo has increased its price target for Procter & Gamble from $176 to $180 and maintains an Overweight rating on the stock. The company noted that Procter & Gamble's organic sales growth has shown improvement, with the first quarter-over-quarter increase in almost two years, driven by strong performance in key markets and a significant recovery in China. While not flawless, Wells Fargo believes Procter & Gamble has become more appealing.