Procter & Gamble’s (PG) stock’s weekly, monthly, and year-to-date (or YTD) price movements were -0.36%, -5.0%, and 5.2%, respectively, on November 30, 2016.
Procter & Gamble is trading 2.1% below its 20-day moving average, 4.2% below its 50-day moving average, and 1.1% below its 200-day moving average. Procter & Gamble has a market cap of $220.7 billion.
Procter & Gamble has outperformed its peers, but it’s underperformed the S&P 500 Index on a YTD basis. The stocks of Colgate-Palmolive (CL), The Clorox Company (CLX), and Kimberly-Clark (KMB) have returned 0.8%, -7.8%, and -8.6%, respectively, YTD.
On November 30, the S&P 500 Index and the Consumer Staples Select Sector SPDR ETF (XLP) had risen 9.2% and 1.5%, respectively, YTD. Procter & Gamble makes up 11.7% of the holdings of XLP.
Procter & Gamble’s stock rose 3.4% to $86.97 per share on October 25, 2016, after the announcement of its fiscal 1Q17 results. The company exceeded analysts’ consensus sales and earnings estimates by 0.19% and 5.2%, respectively, in the quarter. For more information on P&G’s fiscal 1Q17, read Procter & Gamble’s 1Q17 Results Beat Wall Street Estimates.
In this series on Procter & Gamble, we’ll discuss the company’s strategies to improve its sales and earnings. The series will also discuss the company’s valuation and analysts’ recommendations.
In the next article, we’ll discuss P&G’s sales.