Phillips 66 (PSX) concluded trading on Thursday at a closing price of $110.35, with 4.44 million shares of worth about $490.5 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.09% during that period and on December 19, 2024 the price saw a loss of about -1.35%. Currently the company’s common shares owned by public are about 412.99M shares, out of which, 411.88M shares are available for trading.
Stock saw a price change of -11.00% in past 5 days and over the past one month there was a price change of -15.72%. Year-to-date (YTD), PSX shares are showing a performance of -17.12% which decreased to -17.53% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $111.71 but also hit the highest price of $174.08 during that period. The average intraday trading volume for Phillips 66 shares is 2.65 million. The stock is currently trading -13.17% below its 20-day simple moving average (SMA20), while that difference is down -13.90% for SMA50 and it goes to -20.66% lower than SMA200.
Phillips 66 (NYSE: PSX) currently have 412.99M outstanding shares and institutions hold larger chunk of about 74.53% of that.
The stock has a current market capitalization of $45.57B and its 3Y-monthly beta is at 1.37. PE ratio of stock for trailing 12 months is 14.19, while it has posted earnings per share of $7.78 in the same period. Its PEG reads 9.46 and has Quick Ratio of 0.83 while making debt-to-equity ratio of 0.70. 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 2.95% while standing at 2.54% over the month.
Stock’s fiscal year EPS is expected to drop by -53.22% while it is estimated to increase by 21.20% in next year. EPS is likely to shrink at an annualized rate of 1.50% 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 BofA Securities on October 17, 2024 offering a Buy rating for the stock and assigned a target price of $156 to it. Coverage by TD Cowen stated Phillips 66 (PSX) stock as a Buy in their note to investors on September 11, 2024, suggesting a price target of $150 for the stock. Stock get a Buy rating from TD Cowen on June 21, 2024.
