Is Phillips 66 (NYSE: PSX) Proving The Doubters Wrong?

Phillips 66 (PSX) concluded trading on Wednesday at a closing price of $144.31, with 8.2 million shares of worth about $1.18 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 28.72% during that period and on Wednesday, January 31 the price saw a gain of about 1.33%. Currently the company’s common shares owned by public are about 465.84M shares, out of which, 439.00M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 47 times over the past 12 months. They bought 491,114 shares in 29 of the transactions. In 18 selling transactions, insiders dumped 392,619 shares.

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However, the stock later moved at a day high price of 147.68, or with a gain of 1.33%. Stock saw a price change of 7.96% in past 5 days and over the past one month there was a price change of 8.39%. Year-to-date (YTD), PSX shares are showing a performance of 8.39% which increased to 35.60% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $89.74 but also hit the highest price of $142.58 during that period. The average intraday trading volume for Phillips 66 shares is 3.15 million. The stock is currently trading 8.16% above its 20-day simple moving average (SMA20), while that difference is up 11.67% for SMA50 and it goes to 28.48% higher than SMA200.

Phillips 66 (NYSE: PSX) currently have 465.84M outstanding shares and institutions hold larger chunk of about 73.79% of that.

The stock has a current market capitalization of $63.49B and its 3Y-monthly beta is at 1.37. PE ratio of stock for trailing 12 months is 8.71, while it has posted earnings per share of $16.58 in the same period. It has Quick Ratio of 0.96 while making debt-to-equity ratio of 0.63. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PSX, volatility over the week remained 2.67% while standing at 2.09% over the month.

Analysts are in expectations that Phillips 66 (PSX) stock would likely to be making an EPS of $Boston Scientific Corporation in the current quarter, while forecast for next quarter EPS is $63.26 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $CSX Corporation which is $Diana Shipping inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Public Storage in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -17.57% while it is estimated to increase by 3.04% in next year. EPS is likely to shrink at an annualized rate of -11.10% for next 5-years, compared to annual growth of 18.76% made by the stock over the past 5-years.

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