Koninklijke Philips N.V. ADR (NYSE:PHG) does about 824.94K shares in volume on a normal day but saw 1024181 shares change hands in the recent trading day. The company now has a market cap of 30.01B USD. Its current market price is $32.13, marking a decrease of -0.77% compared to the previous close of $32.38. The 52 week high reached by this stock is $32.91 whilst the lowest price level in 52 weeks is $17.46.
Koninklijke Philips N.V. ADR (PHG) has a 20-day trading average at $31.77 and the current price is -2.37% off the 52-week high compared with 83.99% distance from its 52-week low. The 50-day simple moving average of the closing price is $30.55 and its 200-day simple moving average is $25.36. If we look at the stock’s price movements over the week, volatility stands at 1.28%, which increases to 1.31% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 57.65 to suggest the stock is neutral.
The consensus objective for the share price is $32.09, suggesting that the stock has a potential downside of -0.12% over the period.
FactSet Research has provided data showing that 8 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 2 analysts have rated it as a buy and 6 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Moderate Buy the stock.
The current price level is 1.13%, 5.18%, and 28.32% away from its SMA20, SMA50, and SMA200 respectively, with the PHG price moving above the 50-day SMA on current market day. Koninklijke Philips N.V. ADR (PHG) stock is up 0.72% over the week and 3.71% over the past month. Its price is 42.43% year-to-date and 76.56% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/30/2024, with the company’s earnings per share (EPS) of 0.36 above consensus estimates by 0.01. The company’s next earnings report forecasts estimating quarterly EPS at 0.38 and 1.67 for whole year. Expected sales for next quarter are $5.92B, which analysts say will come at $20.25B for the current fiscal year and next year at $21.21B. In addition, estimates put the company’s current quarterly revenue at an average of $4.94B.
To reach the target analysts have set, the stock logically needs to shrink -0.12 percent from here.
The company has a return on investment of -2.23% and return on equity of -4.62%. The forward price to earnings ratio is 17.18. The beta has a value of 0.74. Price to book ratio is 2.36 and price to sales ratio is 1.53.
