Procter & Gamble Shares Drop 2.7% as Q2 EPS Forecast Rises 1.95%
Procter & Gamble shares slid 2.72% to $153.99, underperforming the S&P 500’s 0.57% decline and the Dow’s 1.61% drop. Q2 EPS is projected at $1.57 (+1.95% year-over-year) on $20.61 billion revenue (+4.2%), while forward P/E of 22.7 exceeds the 19.34 industry average.
1. Stock Price Movement
Procter & Gamble shares closed at $153.99, down 2.72% compared with a 0.57% S&P 500 decline, 1.61% Dow drop and 0.26% Nasdaq fall. This pullback followed a 0.91% gain over the past month versus a 0.16% decline in the Consumer Staples sector.
2. Q2 Earnings Projections
Analysts project Q2 EPS of $1.57, a 1.95% year-over-year increase, on revenue of $20.61 billion, up 4.2% from last year’s quarter. For the full fiscal year, consensus forecasts call for $6.97 EPS (+2.05%) on $86.71 billion revenue (+2.88%).
3. Valuation Comparison
Shares trade at a forward P/E of 22.7, a premium to the 19.34 industry average, with a PEG ratio of 5.29 versus an industry median of 2.93. These metrics suggest the stock commands higher valuation relative to expected growth.
4. Analyst Rank and Industry Position
The company holds an analyst rank of #3 (Hold) following a 0.02% cut in Q2 EPS consensus over the past month. Its Consumer Products – Staples industry sits in the top 33% of more than 250 industries based on aggregate rank.