How to Buy Procter & Gamble Co Stock
Procter & Gamble Co
Procter & Gamble Co is a household & personal product company located in Ohio, United States, which is part of the Consumer Defensive sector, and is traded under the ticker PG on the NYSE exchange.
Procter & Gamble Co stock last closed at $157.29, up 0.21% from the previous day, and has increased 4.02% in one year. It has overperformed other stocks in the Household & Personal Products industry by 0.11 percentage points. Procter & Gamble Co stock is currently +11.2% from its 52-week low of $141.45, and -3.59% from its 52-week high of $163.14.
There are currently 2.35B shares of PG outstanding. The market value of PG is $370.11B. In the past 24 hours, 7.28M PG shares were traded.
How to Buy Procter & Gamble Co Stock
Wondering how to invest in Procter & Gamble Co stock? Here's how.
- Figure out where to buy Procter & Gamble Co stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Procter & Gamble Co stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your method of payment and add your info.
- Analyze Procter & Gamble Co stock: The Procter & Gamble Co ticker symbol is PG. Is Procter & Gamble Co stock a good investment? Should you buy shares of PG? How do PG's underlying business fundamentals look? Do top analysts think Procter & Gamble Co is a good buy? Why has PG's stock price moved recently? (Hint: Our stock market analysis website can help you decide if PG is a good stock to buy).
- Make your PG trade: Decide if you will purchase PG shares at the current market price or use a limit order to purchase PG shares at a specific price.
- Keep tabs on your PG position: Create a watchlist to keep tabs on your position in Procter & Gamble Co shares.
Step 1: Figure out where to buy Procter & Gamble Co stock
You need an online brokerage account to access the NYSE market and buy PG stock.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world financial markets: From Technology to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you can invest in PG stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on the best stock investing app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring money into your brokerage account.
Step 4: Analyze Procter & Gamble Co stock
After you have decided on the best place to buy Procter & Gamble Co stock, it's important to analyze their stock before you invest, so you actually understand the risk and opportunity.
Overview of key PG info
Procter & Gamble Co Zen Score
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on PG's stock page.
Is PG stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PG's fair value.
Using relative valuations ratios:
- PG could be undervalued based on its P/E ratio of 25.62x, relative to Household & Personal Products industry P/E ratio of 34.94x
- PG could be overvalued based on its P/B ratio of 7.63x, relative to Household & Personal Products industry P/B ratio of 7.21x
- PG may be overvalued based on its PEG ratio of 3.76x
You can do more valuation analysis on PG's stock here.
How do PG Financials look?
Signs that PG is financially healthy:
- PG's operating cash flow of $19.21B allows it to safely service it's debt of $33.71B.
- PG earnings of $19.66B is not enough to cover its interest payments.
Signs that PG is not financially healthy:
- PG has a relatively high debt to equity ratio of 1.48.
- There are more short-term liabilities than short-term assets on the PG balance sheet.
- There are more long-term liabilities than short-term assets on the PG balance sheet.
- Total PG debt is higher than 5 years ago, relative to shareholder equity.
- PG profit margin has gone down from 17.8% to 17.6% in the past year.
Do analysts think it's a good time to buy Procter & Gamble Co stock
Out of 11 Equities analysts who research PG, the consensus analyst rating on PG is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest PG Analyst Recommendations
Mark Astrachan, a top 5% analyst from Stifel Nicolaus maintains PG with a hold rating and raises their PG price target from $155.00 to $157.00, on Jan 24, 2024.
Peter Grom, a bottom 17% analyst from UBS maintains PG with a strong buy rating and raises their PG price target from $172.00 to $178.00, on Jan 24, 2024.
Chris Carey, a top 16% analyst from Wells Fargo maintains PG with a strong buy rating and raises their PG price target from $162.00 to $170.00, on Jan 24, 2024.
Wells Fargo's Chris Carey raised their price target on Procter & Gamble Co (NYSE: PG) by 4.9% from $162 to $170 on 2024/01/24. The analyst maintained their Strong Buy rating on the stock.
Following the release of Procter & Gamble Co's Q2 2024 print on 2024/01/23, Carey zeroed in on management's bullish tone, which was "simply much more confident than expected with upside bias to EPS now greater too."
Earnings Report
For Q2 2024, Procter & Gamble Co reported:
- EPS of $1.84, which beat the Zacks Consensus Estimate of $1.70 and, by 16%, Q2 2023’s $1.59.
- Revenue of $21.4B, which missed the Zacks Consensus Estimate of $21.5B but beat, by 3%, Q2 2023’s $20.8B.
- Organic revenue growth of 4%.
- Free cash flow productivity of 95%.
For FY 2024, management guided:
- EPS growth of 6% to 9%.
- Revenue growth of 2% to 4%.
- Organic revenue growth of 4% to 5%.
- Free cash flow productivity of 90%.
Chairman, President, & CEO Jon Moeller commented: “We delivered strong results in Q2, enabling us to raise our core EPS growth guidance and maintain our top-line outlook for the FY.
“We remain committed to our integrated strategy of a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution, and consumer and customer value — productivity, constructive disruption, and an agile and accountable organization.
“The P&G team’s execution of this strategy has enabled us to build and sustain strong momentum.
“We have confidence this remains the right strategy to deliver balanced growth and value creation.”
Olivia Tong, a top 5% analyst from Raymond James maintains PG with a buy rating and raises their PG price target from $170.00 to $175.00, on Jan 24, 2024.
Andrea Teixeira, a top 12% analyst from JP Morgan maintains PG with a strong buy rating and lowers their PG price target from $169.00 to $162.00, on Jan 18, 2024.
You can dive deeper into what analysts are forecasting on the Procter & Gamble Co stock forecast page.
Metrics for Advanced PG Traders
PG Earnings
Last year, PG earnings were $14.77B. Over the past five year, PG's earnings have grown by 7.84% per year. This was faster than the Household & Personal Products industry average of 3.01%.
Last year, PG revenue was $83.93B. In the past five year, PG's revenue has grown by 4.64% per year. This was faster than the Household & Personal Products industry average of 4.32%.
You can analyze PG's earnings and revenue performance here.
Latest Insiders Trades at PG
In the past year, executives and large shareholders at PG have sold more shares than they have bought.
R. Alexandra Keith, CEO - Beauty of PG, was the latest PG insider to sell. They sold $122,693.36 worth of PG shares on Mar 4, 2024.
Dig into more about who owns PG stock here.
Can I rely on PG as an income stream?
Procter & Gamble Co pays a dividend of 3.03%, compared to the Household & Personal Products industry's average dividend yield of 3.14%. If you owned $1,000 of PG stock, you would have received $30.32 in the past 12 months.
Procter & Gamble Co dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Procter & Gamble Co dividend yield and history here.
Get opinions from other investors
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your PG trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, use a limit order.
Hit the Open button and eToro will place the order.
If you want additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your PG position
Now that you own some PG stock, you'll want to stay up-to-date on your investment.
Put PG on a watchlist to track the most important metrics related to your PG stock.
PG Feed
How to Buy Stock in Procter & Gamble Co
To summarize, here are the 6 steps for buying Procter & Gamble Co stock:
- Figure out where to buy Procter & Gamble Co stock
- Sign up for your brokerage account
- Fund your investment account
- Analyze Procter & Gamble Co stock
- Make your PG trade
- Keep tabs on your PG position
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to watch your investment in Procter & Gamble Co, click the button below.
Other "How To" Guides You Might Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.