What Analysts Think of P&G Stock Ahead of Earnings

Published January 20, 2025

09:00 AM EST

Proctor & Gamble (PG) is set to report fiscal second-quarter earnings before the opening bell Wednesday, with analysts calling for revenue and earnings growth.

Of the 16 analysts covering the stock tracked by Visible Alpha, 10 have issued “buy” or equivalent ratings, with six giving the stock a “hold” rating. Their consensus price target at about $179 would suggest 11% upside from Friday’s closing price at $161.13. 

The consumer packaged goods giant is expected to report fiscal second-quarter net sales of $21.61 billion, up less than 1% year-over-year, and earnings of $4.63 billion or $1.88 per share, up from $3.47 billion or $1.40 per share a year ago. Sales are expected to increase within P&G’s Health care and Fabric & Home Care divisions, partially offset by declines in Beauty, and Baby, Feminine & Family Care. 

Last quarter, P&G missed sales expectations but CEO Jon Moeller said the company’s results “keep us on track to deliver within our guidance ranges” for the full fiscal year. P&G forecast full-year earnings per share growth of 10% to 12% from $6.02 in fiscal 2024, in line with analysts’ expectations.

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