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After finishing at $151.41 in the prior trading day, Phillips 66 (NYSE: PSX) closed at $151.54, up 0.09%. In other words, the price has increased by $0.09 from its previous closing price. On the day, 2.82 million shares were traded. PSX stock price reached its highest trading level at $152.185 during the session, while it also had its lowest trading level at $150.06.
Ratios:
Our goal is to gain a better understanding of PSX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.61.
On December 04, 2023, TD Cowen reiterated its Outperform rating and also lowered its target price recommendation from $134 to $150.
Wolfe Research Upgraded its Peer Perform to Outperform on October 31, 2023, while the target price for the stock was maintained at $146.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 20 ’24 when Pruitt Joseph Scott sold 7,200 shares for $157.26 per share. The transaction valued at 1,132,290 led to the insider holds 6,583 shares of the business.
Pruitt Joseph Scott sold 5,922 shares of PSX for $932,103 on Mar 18 ’24. The Vice President and Controller now owns 6,583 shares after completing the transaction at $157.40 per share. On Feb 15 ’24, another insider, Pease Robert W, who serves as the Director of the company, bought 682 shares for $146.58 each. As a result, the insider paid 99,968 and bolstered with 1,900 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PSX now has a Market Capitalization of 64370552832 and an Enterprise Value of 82507956224. As of this moment, Phillips’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.80, and their Forward P/E ratio for the next fiscal year is 10.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 0.554 whereas that against EBITDA is 9.616.
Stock Price History:
The Beta on a monthly basis for PSX is 1.39, which has changed by 0.5997044 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, PSX has reached a high of $174.08, while it has fallen to a 52-week low of $89.74. The 50-Day Moving Average of the stock is -2.36%, while the 200-Day Moving Average is calculated to be 16.83%.
Shares Statistics:
The stock has traded on average 3.00M shares per day over the past 3-months and 2389190 shares per day over the last 10 days, according to various share statistics. A total of 430.46M shares are outstanding, with a floating share count of 426.82M. Insiders hold about 0.23% of the company’s shares, while institutions hold 78.15% stake in the company. Shares short for PSX as of 1713139200 were 8056980 with a Short Ratio of 2.69, compared to 1710460800 on 8706520. Therefore, it implies a Short% of Shares Outstanding of 8056980 and a Short% of Float of 1.9.
Dividends & Splits
In the trailing 12 months, PSX’s forward annual dividend rate was 4.2, compared to 4.20 this year. Against a Trailing Annual Dividend Yield of 0.02773925The stock’s 5-year Average Dividend Yield is 4.29.
Earnings Estimates
Its stock is currently analyzed by 14.0 different market analysts. On average, analysts expect EPS of $4.15 for the current quarter, with a high estimate of $5.15 and a low estimate of $2.99, while EPS last year was $3.87. The consensus estimate for the next quarter is $4.3, with high estimates of $5.5 and low estimates of $3.35.
Analysts are recommending an EPS of between $17.16 and $11.32 for the fiscal current year, implying an average EPS of $13.58. EPS for the following year is $14.79, with 16.0 analysts recommending between $19.43 and $12.06.
Revenue Estimates
6 analysts predict $35.99B in revenue for the current quarter. It ranges from a high estimate of $39.61B to a low estimate of $28.99B. As of the current estimate, Phillips 66’s year-ago sales were $35.74BFor the next quarter, 6 analysts are estimating revenue of $35.59B. There is a high estimate of $39.42B for the next quarter, whereas the lowest estimate is $29.97B.
A total of 9 analysts have provided revenue estimates for PSX’s current fiscal year. The highest revenue estimate was $152.61B, while the lowest revenue estimate was $124.36B, resulting in an average revenue estimate of $141.27B. In the same quarter a year ago, actual revenue was $149.89BBased on 9 analysts’ estimates, the company’s revenue will be $137.67B in the next fiscal year. The high estimate is $151.48B and the low estimate is $116.84B.
