PG Stock Forecast: Is $200 The Next Big Target For PG Stock?

PG Stock Forecast: Is $200 The Next Big Target For PG Stock?

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PG stock price’s current revenue has increased from last quarter’s revenue but slightly the profit margin swayed down.
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Procter & Gamble Company (NYSE: PG) stock’s 52-week price range is between $135 – $158.
The PG latest quarterly earnings report for the period ending June 2023, displayed a revenue of $20.55 Billion, with a net income of $3.38 Billion, and a profit margin from the last quarter of 16.46%. This quarter, Procter & Gamble reported revenue exceeded analysts’ estimates by $542.564 Million (2.71%).
The PG stock reported an EPS of $1.37 for the period ending June 2023, beating the analysts’ estimate of $1.323 by 3.53%. The PG next quarter’s revenue is estimated to be $21.585 Billion and an estimated EPS of $1.719. The report will be released on October 18th, 2023.
PG stock’s latest quarterly balance sheet for the period ending June 2023 reported total assets of $120.83 Billion and total liabilities of $73.76 Billion.

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