Phillips 66 (PSX) concluded trading on Thursday at a closing price of $157.24, with 2.62 million shares of worth about $411.58 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 40.48% during that period and on April 25, 2024 the price saw a loss of about -0.35%. Currently the company’s common shares owned by public are about 430.46M shares, out of which, 426.90M shares are available for trading.
Stock saw a price change of 2.56% in past 5 days and over the past one month there was a price change of 0.41%. Year-to-date (YTD), PSX shares are showing a performance of 18.10% which increased to 58.32% 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 $174.08 during that period. The average intraday trading volume for Phillips 66 shares is 2.98 million. The stock is currently trading -3.35% below its 20-day simple moving average (SMA20), while that difference is up 1.55% for SMA50 and it goes to 21.72% higher than SMA200.
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Phillips 66 (NYSE: PSX) currently have 430.46M outstanding shares and institutions hold larger chunk of about 77.67% of that.
The stock has a current market capitalization of $67.27B and its 3Y-monthly beta is at 1.38. PE ratio of stock for trailing 12 months is 10.17, while it has posted earnings per share of $15.46 in the same period. It has Quick Ratio of 1.02 while making debt-to-equity ratio of 0.67. 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 2.32% while standing at 2.46% over the month.
Analysts are in expectations that Phillips 66 (PSX) stock would likely to be making an EPS of $2.17 in the current quarter, while forecast for next quarter EPS is $4.18 and it is $14.78 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.95 which is $2.91 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 $4.21 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -13.22% while it is estimated to increase by 7.03% in next year. EPS is likely to shrink at an annualized rate of -10.60% for next 5-years, compared to annual growth of 5.58% made by the stock over the past 5-years.
Coverage by TD Cowen stated Phillips 66 (PSX) stock as an Outperform in their note to investors on December 04, 2023, suggesting a price target of $150 for the stock. On October 31, 2023, Wolfe Research Upgrade their recommendations, while on October 30, 2023, Tudor Pickering Holt & Co. Upgrade their ratings for the stock with a price target of $130. Stock get a Neutral rating from BofA Securities on August 15, 2023.
