Phillips 66 (PSX): How Leading Wall Street Experts See Things

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Phillips 66 kicked off the trading day on 10/09/19 with a price increase of 1.87%, equivalent to $1.89 relative change for the day. Taking a more long-term approach, PSX had a 52-week range of $78.44 to $119.14. At the time of this article’s publishing, this stock is trading at $102.71 after starting the trading session at $101.96. At the time of writing, this stock’s 50-day Moving Average stands at $100.34, while the 200-day Moving Average of this stock is currently $94.95.

Currently, this company’s share volume is sitting at $1827320, but has maintained average daily volume of $2.42M. This stock has generated an average Year to Date volume of $2.63 million, alongside an average 20-day volume of $2.62 million. This publicly-traded company’s shares outstanding now amounts to $453.68 million, simultaneously with a float of $447.72 million. The organization now has a market capitalization sitting at $46.60 billion.

Phillips 66(PSX) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Phillips 66’s current insider ownership accounts for 0.10%, in contrast to 71.60% institutional ownership. According to the most recent latest insider trade that took place on Sep 16 this organization’s Executive Vice President exercised an option 47,433 at the rate of 32.03, making the entire transaction hit 1,519,279 in total value, affecting insider ownership by 93,340. Preceding that transaction, on Sep 16 Company’s Executive Vice President sold 47,433 at a price of 103.17, making the whole transaction’s value amount to 4,893,705. This particular insider is now the holder of 45,907 in total.

If we take a glance at the Ownership summary of Phillips 66’s stock, Institutional holders make up 71.60% of its total stock ownership. All together, they are the legal holders of 453.68M shares. If we focus on the top 3 stockholders for this publicly-traded organization, The Vanguard Group, Inc. owns 35,842,776 shares, with SSgA Funds Management, Inc. in 2nd place owning 21,662,834 shares and BlackRock Fund Advisors in third place with total ownership of 20,772,057 shares.

Phillips 66 (PSX) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 6/29/2019, the organization reported $3.02 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $2.74) by $0.28.

This company achieved a net margin of 4.88 while generating a return on equity of 22.41. Phillips 66’s full-quarter revenue decreased by -3.89%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.96 per share during the current fiscal year.

Phillips 66’s EPS increase for this current 12-month fiscal period is 158.60%, and is forecasted to reach 10.45 in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will decrease by -4.25% through the next 5 years, which can be compared against the 14.90% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Phillips 66, this organization’s Quick Ratio in the last reported quarter now stands at 0.80. The company has managed to achieve an average true range (ATR) of 2.06. Alongside those, its PE Ratio stands at $8.87, and its Beta score is 1.09.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.42 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 40.00. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 1.88, whereas its price to cash per share for the last quarter landed at 4.01.

In the same vein, PSX’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 11.57, a figure that is expected to reach 2.42 in the next reported quarter, and analysts expect it will be 10.45 at the market close of one year from today’s date.