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Phillips 66 (NYSE: PSX) closed the day trading at $145.12 up 1.05% from the previous closing price of $143.61. In other words, the price has increased by $1.05 from its previous closing price. On the day, 2.24 million shares were traded. PSX stock price reached its highest trading level at $146.41 during the session, while it also had its lowest trading level at $143.8675.
Ratios:
For a better understanding of PSX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.03. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.60.
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 61523910656 and an Enterprise Value of 81174937600. As of this moment, Phillips’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.17, and their Forward P/E ratio for the next fiscal year is 10.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 2.07. Its current Enterprise Value per Revenue stands at 0.545 whereas that against EBITDA is 9.455.
Stock Price History:
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 -6.51%, while the 200-Day Moving Average is calculated to be 10.95%.
Shares Statistics:
Over the past 3-months, PSX traded about 2.83M shares per day on average, while over the past 10 days, PSX traded about 2539050 shares per day. A total of 430.46M shares are outstanding, with a floating share count of 422.96M. Insiders hold about 0.23% of the company’s shares, while institutions hold 78.85% stake in the company. Shares short for PSX as of 1713139200 were 8056980 with a Short Ratio of 2.85, 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
PSX’s forward annual dividend rate is 4.20, up from 4.2 a year ago. Against a Trailing Annual Dividend Yield of 0.029245872The stock’s 5-year Average Dividend Yield is 4.28.
