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After finishing at $126.88 in the prior trading day, Phillips 66 (NYSE: PSX) closed at $125.00, down -1.48%. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 3.48 million shares were traded. PSX stock price reached its highest trading level at $126.97 during the session, while it also had its lowest trading level at $123.77.
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 21.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.58.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on September 11, 2024, Reiterated its Buy rating but revised its target price to $150 from $162 previously.
On July 31, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $155 to $162.
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 Aug 15 ’24 when Mitchell Kevin J sold 30,000 shares for $139.01 per share. The transaction valued at 4,170,411 led to the insider holds 81,937 shares of the business.
Mitchell Kevin J bought 30,000 shares of PSX for $4,170,411 on Aug 15 ’24. On May 16 ’24, another insider, Roberts Timothy D., who serves as the Executive Vice President of the company, sold 37,742 shares for $145.80 each. As a result, the insider received 5,502,784 and left with 48,365 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 53107998720 and an Enterprise Value of 70889144320. As of this moment, Phillips’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.73, and their Forward P/E ratio for the next fiscal year is 9.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 1.78. Its current Enterprise Value per Revenue stands at 0.467 whereas that against EBITDA is 9.135.
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 $107.85. The 50-Day Moving Average of the stock is -8.52%, while the 200-Day Moving Average is calculated to be -11.58%.
Shares Statistics:
The stock has traded on average 2.49M shares per day over the past 3-months and 3318170 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 417.46M. Insiders hold about 0.26% of the company’s shares, while institutions hold 76.70% stake in the company. Shares short for PSX as of 1723680000 were 7511798 with a Short Ratio of 3.01, compared to 1721001600 on 8790408. Therefore, it implies a Short% of Shares Outstanding of 7511798 and a Short% of Float of 1.7999999999999998.
Dividends & Splits
In the trailing 12 months, PSX’s forward annual dividend rate was 4.3, compared to 4.40 this year. Against a Trailing Annual Dividend Yield of 0.033890292The stock’s 5-year Average Dividend Yield is 4.24.
