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The price of Phillips 66 (NYSE: PSX) closed at $153.31 in the last session, down -2.51% from day before closing price of $157.25. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 2.35 million shares were traded. PSX stock price reached its highest trading level at $157.91 during the session, while it also had its lowest trading level at $152.72.
Ratios:
We take a closer look at PSX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.22. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 65122406400 and an Enterprise Value of 83844759552. As of this moment, Phillips’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.92, and their Forward P/E ratio for the next fiscal year is 10.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 0.569 whereas that against EBITDA is 8.387.
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 -0.31%, while the 200-Day Moving Average is calculated to be 20.05%.
Shares Statistics:
According to the various share statistics, PSX traded on average about 3.02M shares per day over the past 3-months and 2071370 shares per day over the past 10 days. A total of 430.46M shares are outstanding, with a floating share count of 426.91M. Insiders hold about 0.21% of the company’s shares, while institutions hold 77.68% stake in the company. Shares short for PSX as of 1711584000 were 8040810 with a Short Ratio of 2.66, compared to 1709164800 on 8015378. Therefore, it implies a Short% of Shares Outstanding of 8040810 and a Short% of Float of 1.9.
Dividends & Splits
The forward annual dividend rate for PSX is 4.20, which was 4.2 in the trailing 12 months. The stock’s 5-year Average Dividend Yield is 4.29.
Earnings Estimates
A detailed examination of Phillips 66 (PSX) is currently in progress, with Phillips 66 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $34.39, with high estimates of $1.13 and low estimates of $67.42.
Analysts are recommending an EPS of between $Healthcare and $Healthcare for the fiscal current year, implying an average EPS of $Industrials.
