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In the latest session, Phillips 66 (NYSE: PSX) closed at $115.83 down -0.40% from its previous closing price of $116.29. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 3.6 million shares were traded. PSX stock price reached its highest trading level at $116.37 during the session, while it also had its lowest trading level at $114.41.
Ratios:
For a deeper understanding of Phillips 66’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.97. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.64.
On September 11, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $162 to $150.
TD Cowen reiterated its Buy rating for the stock on July 31, 2024, while the target price for the stock was revised from $155 to $162.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 47836516352 and an Enterprise Value of 67259543552. As of this moment, Phillips’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.90, and their Forward P/E ratio for the next fiscal year is 12.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 0.455 whereas that against EBITDA is 12.071.
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 $116.07. The 50-Day Moving Average of the stock is -10.25%, while the 200-Day Moving Average is calculated to be -16.93%.
Shares Statistics:
For the past three months, PSX has traded an average of 2.63M shares per day and 2708450 over the past ten days. A total of 412.99M shares are outstanding, with a floating share count of 411.88M. Insiders hold about 0.27% of the company’s shares, while institutions hold 74.53% stake in the company. Shares short for PSX as of 1732838400 were 7185654 with a Short Ratio of 2.73, compared to 1730332800 on 6058637. Therefore, it implies a Short% of Shares Outstanding of 7185654 and a Short% of Float of 1.7399999999999998.
Dividends & Splits
According to the company, the forward annual dividend rate for PSX is 4.50, from 4.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.037836444The stock’s 5-year Average Dividend Yield is 4.26.
