The stocks of PG have been seeing some immense increase in its short interest for the month of May. As reports go, the short interest totaled around 17,020,000 shares on the 28th of May- which is an increase of about 22.3% from the 13th May total of about 13,920,000 shares.
The Stock Commentary Of PG
There have been quite a few research equities that have commented on the stocks of PG. Morgan Stanley has reduced the price target of the company from $165 to $155 with a rating of overweight in a 19th April research report. Deutsche Bank has also reduced the price target of the company from $159 to $158 with a rating of buy in a 21st April research report.
Citigroup has reduced the price rating of the company from buy to neutral in a 21st April research report. In the end, JPMorgan Chase & Co has reduced the price target of the company from $153 to $148 with a rating of overweight in a 16th April research report.
Seven investment analysts have already issued the company with a rating of hold, while seven others have issued the company a rating of buy. Currently, PG has a buy rating with a $148.93 price target.
The stocks of PG traded on Thursday at $1.21. The year low of the company is $115.04, with the year high set at $146.92. The current ratio of the company is 0.71, quick ratio of 0.52, with a debt-to-equity ratio set at 0.46. The moving average price of the company over a period of 50 days is $135.55. The market cap of the company is $328.04 billion, with a 24.45 PE ratio.
PG previously updated its quarterly earnings report on the 19th of April. The EPS reported by the company during this period was $1.26, which was more than the consensus estimate of $1.19. The net margin of the company was 18.97%, with a 31.71% return on equity.