The Procter & Gamble Company Updates Guidance

The Procter & Gamble Company (NYSE:PG). Last Market Price: 63.1, Change: +0.24, % Change: (0.38%). Shares trade in the range of 62.89 – 63.52 dollars. It has a market capitalization of 173.61B dollars, making it a Large Cap Stock and has 2.75B outstanding shares. The company has a beta of 0.46, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 3.94; P/E of 16.03 indicating, that the stock price to be fair valued. It operates in Consumer/Non-Cyclical sector and belongs to Personal and Household Prods. industry. Percentage shares held by institutional investors is 59%. The company has a 52 week Price range (low – high) of $ 57.56 – 67.72. Average volumes of shares traded daily are 10,300,000. Volume traded in the last session was at 3,050,000, 0.30 times the average volume.

• Company States:
• The Procter & Gamble Company and Teva Pharmaceutical Industries Announce Formation of New Consumer Health Care Partnership New Joint Venture, to be named PGT Healthcare, has the potential to reach double-digit sales growth and $4 billion in sales towards end-of-decade

• P&G Updates Guidance to Include New Healthcare Joint Venture, Pringles Transaction and Restructuring Plans

• We’re excited about the long-term growth opportunities created by the joint venture with Teva, said Jon Moeller, P&G’s Chief Financial Officer. “We are moving forward and building the benefits from the Teva JV and the Pringles transaction and the costs of our incremental restructuring plans into our all-in guidance now. While the closing of the Pringles transaction has been delayed until the second-half of our fiscal year, we wanted to provide our shareholders with perspective on the impacts from the transaction when it is completed. Also, we are well into the design process for our restructuring plans and are already beginning the implementation phase in some areas, so we are incorporating these productivity investments into our guidance as well. “

For Q3 (Sep ’11), It had a Net profit margin of 13.80%, an Operating margin of 19.77%. Other Key stats and ratios are : Return on average assets of 8.82%, Return on average equity of 18.26%. The organization has an employee strength of 129,000

Consensus Recommendation is a Outperform.

Estimate for sales for the Quarter Ending Dec-11 show a mean of 22,293.40 million dollars, an estimate high of 22,925.00 million dollars and an estimate low of 22,047.00 million dollars. A year ago the figures stood at 22,611.70 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 21,099.50 million dollars, an estimate high of 21,525.00 million dollars and an estimate low of 20,704.30 million dollars. A year ago the figures stood at 21,107.90 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 1.09 dollars, an estimate high of 1.11 dollars and an estimate low of 1.04 dollars. A year ago the figures stood at 1.20 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 1.08 dollars, an estimate high of 1.12 dollars and an estimate low of 1.02 dollars. A year ago the figures stood at 1.08 dollars.

Sales for Quarter Ending Sep-11 was estimated at 21,532.80 million dollars, however the actual sales figure stood at 21,917.00 million dollars, 384.18 million dollars more than estimates.

Sales for Quarter Ending Jun-11 was estimated at 20,627.80 million dollars, however the actual sales figure stood at 20,860.00 million dollars, 232.24 million dollars more than estimates.

Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.