Procter & Gamble
Dow stock Procter & Gamble Inc. (NYSE: PG) has posted a share price drop of about 5.1% over the past 12 months. From a 52-week high posted in late January last year, shares have declined 9%. The world’s largest consumer products maker is expected to get even bigger as the global population grows. Gross profit margin for the past year is 47.2%, and net margin is more than 18%. The company’s return on common equity over the past 12 months is nearly 33%, more than double the S&P 500 long-term average.
Of 27 analysts covering the stock, 15 have a Buy or Strong Buy rating and 11 more have Hold ratings. At a share price of around $151.50, the upside potential based on a median price target of $155.00 is 2.3%. At the high price target of $172.00, the implied gain is 13.5%.
Analysts expect P&G to report fiscal 2023 second-quarter revenue of $20.73 billion, up 0.6% sequentially but 1.1% lower year over year. Adjusted EPS are pegged at $1.59, up 1.2% sequentially and down 4.2% year over year. For the full 2023 fiscal year ending in June, estimates call for EPS of $5.85, up 0.7%, on sales of $80.22 billion, up 0.04%.
P&G shares trade at 25.9 times expected 2023 EPS, 24.1 times estimated 2024 earnings of $6.28 and 22.4 times estimated 2025 earnings of $6.77 per share. The stock’s 52-week range is $122.18 to $165.35. Its annual dividend is $3.65 (yield of 2.44%). Total shareholder return for the past year was negative 2.8%.
Truist
Truist Financial Corp. (NYSE: TFC) is the country’s fifth-largest regional bank, with a market cap of more than $62 billion. Since posting a 52-week high in mid-January of last year, the stock has dropped about 30%. So far in 2023, however, shares are up more than 9%. Higher interest rates combined with higher lending levels in the commercial and industrial markets augur well for the bank’s fourth-quarter report.
As with KeyCorp, sentiment on the stock is mixed. Eleven of 24 analysts have a Buy or Strong Buy rating and 12 rating the shares at Hold. At a price of around $47.10 a share, the upside potential based on a median price target of $52.00 is 10.4%. At the high price target of $60.00, the upside potential is 27.4%.
Analysts expect fourth-quarter revenue of $6.15 billion, up 6.1% sequentially and by 9.8% year over year. Adjusted EPS are forecast at $1.28, up 3.2% sequentially but 7.2% lower year over year. For the full 2022 fiscal year, current estimates call for EPS of $4.92, down 11.1%, and revenue of $23.06 billion, up about 3%.
Truist stock trades at 9.6 times expected 2022 EPS, 9.3 times estimated 2023 earnings of $5.09 and 8.9 times estimated 2024 earnings of $5.29 per share. The stock’s 52-week range is $40.01 to $68.95. Truist pays an annual dividend of $2.08 (yield of 4.41%). Total shareholder return for the past 12 months was negative 27.3%.
Originally published at 24/7 Wall St.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
