The closing price of Phillips 66 (NYSE: PSX) was 82.27 for the day, up 1.23% from the previous closing price of $81.27. In other words, the price has increased by $+1.00 from its previous closing price. On the day, 2951963 shares were traded. PSX reached its highest trading level at $83.39 during the session, while it also had its lowest trading level at $81.14.
Our analysis of PSX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.51.
Upgrades & Downgrades
On June 14, 2022, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $132.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 09 when Garland Greg C. sold 146,700 shares for $109.70 per share. The transaction valued at 16,093,635 led to the insider holds 656,563 shares of the business.
Roberts Timothy D. sold 59,100 shares of PSX for $6,513,452 on Jun 08. The Executive Vice President now owns 48,201 shares after completing the transaction at $110.21 per share. On Jun 07, another insider, Johnson Paula Ann, who serves as the Retired Executive VP and GC of the company, sold 44,700 shares for $108.91 each. As a result, the insider received 4,868,326 and left with 102,489 shares of the company.
As of this moment, Phillips’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.09, and their Forward P/E ratio for the next fiscal year is 7.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.64.
Stock Price History:
Over the past 52 weeks, PSX has reached a high of $111.28, while it has fallen to a 52-week low of $65.44. The 50-Day Moving Average of the stock is 86.70, while the 200-Day Moving Average is calculated to be 86.15.
PSX traded an average of 3.32M shares per day over the past three months and 3.62M shares per day over the past ten days. A total of 483.09M shares are outstanding, with a floating share count of 478.90M. Insiders hold about 0.20% of the company’s shares, while institutions hold 73.60% stake in the company. Shares short for PSX as of Jul 14, 2022 were 10.82M with a Short Ratio of 3.18, compared to 10.02M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.25% and a Short% of Float of 2.25%.
Dividends & Splits
With its trailing 12-month dividend rate of 3.60, PSX has a forward annual dividend rate of 3.88. Against a Trailing Annual Dividend Yield of 4.43%, it implies a Forward Annual Dividend Yield of 4.36%. The stock’s 5-year Average Dividend Yield is 4.04.
The firm’s stock currently is rated by 16 analysts. On average, analysts expect EPS of $5.78 for the current quarter, with a high estimate of $6.23 and a low estimate of $4.37, while EPS last year was $0.74. The consensus estimate for the next quarter is $4.63, with high estimates of $7.18 and low estimates of $3.42.
Analysts are recommending an EPS of between $17.04 and $9.26 for the fiscal current year, implying an average EPS of $14.3. EPS for the following year is $10.17, with 16 analysts recommending between $14.91 and $8.5.
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $54.56B to a low estimate of $28.83B. As of the current estimate, Phillips 66’s year-ago sales were $22.88B, an estimated increase of 90.10% from the year-ago figure.
A total of 8 analysts have provided revenue estimates for PSX’s current fiscal year. The highest revenue estimate was $191.39B, while the lowest revenue estimate was $121.93B, resulting in an average revenue estimate of $158.44B. In the same quarter a year ago, actual revenue was $114.85B, up 38.00% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $146.48B in the next fiscal year. The high estimate is $184.48B and the low estimate is $114.78B. The average revenue growth estimate for next year is down -7.50% from the average revenue estimate for this year.