HomeMarketAnalyzing Phillips 66's (PSX) Stock earnings per share and revenue

Analyzing Phillips 66’s (PSX) Stock earnings per share and revenue

Mizuho raised the price target for the Phillips 66 (NYSE:PSX) stock from “a Buy” to “a Neutral”. The rating was released on January 10, 2023, according to finviz. The stock was initiated by BMO Capital Markets, who disclosed in a research note on June 14, 2022, to Outperform and set the price objective to $132. In their research brief published April 26, 2022, Citigroup analysts resumed the Phillips 66 stock to Neutral with a price target of $89.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of Phillips 66 (NYSE:PSX) dipped -0.02% to close Monday’s market session at $106.94, lower as compared to yesterday’s close. The stock price fluctuated between $106.60 and $108.68 throughout the trading session with the volume trading being 3069103 shares, which represented a significant variation when compared to the three months average volume of 3.16 million shares. The firm’s stock price fluctuated 3.80% within the last five trades and 4.19% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 26.51% in the last 6 months and 9.41% was added to its value over the previous 3 months. PSX stock is trading at a margin of 3.79%, 2.08% and 13.77% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

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As of the close of trading, PSX deals in the Energy domain. The stock is trading -5.80 percent below its 52-week high and 44.81 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 29.7. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Phillips 66’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 5.10 percent and the profit margin is 6.40 percent, and the company has reported a gross margin of 11.20 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $49.32 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Phillips 66 (NYSE:PSX) is 4.89. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 7.17. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.30 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.82, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.20 percent of Phillips 66 shares are owned by insiders, and 73.50 percent are held by financial institutions. Pruitt Joseph Scott, the Vice President and Controller at Phillips 66 (PSX) has sold 600 shares of firm on Nov 15 at a price of $110.68 against the total amount of $66406.0. In another inside trade, Pruitt Joseph Scott, Vice President and Controller of Phillips 66 (NYSE:PSX) sold 3,000 shares of the firm on Nov 11 for a total worth of $0.34 million at a price of $111.86. An inside trade which took place on Jun 09, Chairman and CEO of Phillips 66 Garland Greg C. sold 146,700 shares of firm against total price of $16.09 million at the cost of $109.70 per share.



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