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The closing price of Phillips 66 (NYSE: PSX) was $135.95 for the day, down -1.77% from the previous closing price of $138.40. In other words, the price has decreased by -$1.77 from its previous closing price. On the day, 1.65 million shares were traded. PSX stock price reached its highest trading level at $139.21 during the session, while it also had its lowest trading level at $135.84.
Ratios:
Our analysis of PSX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.70. 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.
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 June 21, 2024, Reiterated its Buy rating but revised its target price to $155 from $164 previously.
TD Cowen reiterated its Outperform rating for the stock on December 04, 2023, while the target price for the stock was revised from $134 to $150.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 16 ’24 when Roberts Timothy D. sold 37,742 shares for $145.80 per share. The transaction valued at 5,502,784 led to the insider holds 48,365 shares of the business.
Pruitt Joseph Scott sold 7,200 shares of PSX for $1,132,290 on Mar 20 ’24. The Vice President and Controller now owns 6,583 shares after completing the transaction at $157.26 per share. On Mar 18 ’24, another insider, Pruitt Joseph Scott, who serves as the Vice President and Controller of the company, sold 5,922 shares for $157.40 each. As a result, the insider received 932,103 and left with 6,583 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 57636274176 and an Enterprise Value of 77287292928. As of this moment, Phillips’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.47, and their Forward P/E ratio for the next fiscal year is 10.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 1.94. Its current Enterprise Value per Revenue stands at 0.519 whereas that against EBITDA is 9.003.
Stock Price History:
The Beta on a monthly basis for PSX is 1.33, which has changed by 0.33914495 over the last 52 weeks, in comparison to a change of 0.2553556 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 $94.51. The 50-Day Moving Average of the stock is -4.41%, while the 200-Day Moving Average is calculated to be -0.36%.
Shares Statistics:
PSX traded an average of 2.35M shares per day over the past three months and 2580900 shares per day over the past ten days. A total of 430.46M shares are outstanding, with a floating share count of 422.86M. Insiders hold about 0.26% of the company’s shares, while institutions hold 76.55% stake in the company. Shares short for PSX as of 1718323200 were 8838195 with a Short Ratio of 3.76, compared to 1715731200 on 8526834. Therefore, it implies a Short% of Shares Outstanding of 8838195 and a Short% of Float of 2.09.
Dividends & Splits
With its trailing 12-month dividend rate of 4.2, PSX has a forward annual dividend rate of 4.30. Against a Trailing Annual Dividend Yield of 0.03034682The stock’s 5-year Average Dividend Yield is 4.25.
