Phillips 66 (PSX) concluded trading on Thursday at a closing price of $138.93, with 2.77 million shares of worth about $384.23 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.60% during that period and on October 03, 2024 the price saw a gain of about 3.32%. Currently the company’s common shares owned by public are about 430.46M shares, out of which, 417.46M shares are available for trading.
Stock saw a price change of 6.31% in past 5 days and over the past one month there was a price change of 5.02%. Year-to-date (YTD), PSX shares are showing a performance of 4.35% which increased to 20.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $107.85 but also hit the highest price of $174.08 during that period. The average intraday trading volume for Phillips 66 shares is 2.64 million. The stock is currently trading 7.33% above its 20-day simple moving average (SMA20), while that difference is up 3.73% for SMA50 and it goes to -2.02% lower than SMA200.
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Phillips 66 (NYSE: PSX) currently have 430.46M outstanding shares and institutions hold larger chunk of about 75.83% of that.
The stock has a current market capitalization of $58.15B and its 3Y-monthly beta is at 1.31. PE ratio of stock for trailing 12 months is 11.93, while it has posted earnings per share of $11.65 in the same period. It has Quick Ratio of 0.79 while making debt-to-equity ratio of 0.68. 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 2.39% while standing at 2.26% over the month.
Stock’s fiscal year EPS is expected to drop by -47.44% while it is estimated to increase by 38.60% in next year. EPS is likely to shrink at an annualized rate of -4.60% for next 5-years, compared to annual growth of 5.58% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on September 11, 2024 offering a Buy rating for the stock and assigned a target price range of between $162 and $150 to it. Coverage by TD Cowen stated Phillips 66 (PSX) stock as a Buy in their note to investors on July 31, 2024, suggesting a price target of $162 for the stock. On July 18, 2024, Wolfe Research Resumed their recommendations, while on June 21, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $155. Stock get a Buy rating from Citigroup on January 24, 2024.
