Phillips 66 (NYSE:PSX) closed at the price of $94.23. The stock exchanged hands average trading capacity of 3.13 Million shares, yielding a market cap of $43.92 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $119.53 within the next 52-weeks. The mean target projections are based on 17 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Phillips 66 (NYSE:PSX) high price target of $139 and with a conservative view have low price target of $100.
PiperJaffray “Assumes” Phillips 66 (NYSE:PSX) in a research note issued to investors on 1/10/19 to Overweight with price target of $0.
Additionally on 12/31/18 Raymond James “Maintained” Phillips 66 (NYSE:PSX) to Outperform setting price target at $120 and on 12/20/18 Jefferies “Upgrades” the stock to Buy at $0. Furthermore on 11/20/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $120.
On the other hand the company has Relative Strength Index (RSI 14) of 54.82 along with Average True Range (ATR 14) of 2.29, Consequently Phillips 66 (NYSE:PSX)’s weekly and monthly volatility is 2.60%, 2.15% respectively. The company’s beta value is at 0.94.
In terms of Buy, Sell or Hold recommendations, Phillips 66 (NYSE:PSX) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Phillips 66 (NYSE:PSX)’s minimum EPS for the current quarter is at $2.85 and can go high up to $3.31. The consensus mean EPS for the current quarter is at $3.01 derived from a total of 17 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.07 earnings per share for the same quarter during last year.
Previously Phillips 66 (NYSE:PSX) reported $3.1 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.62. The company posted an earnings surprise of 25%.
Phillips 66 (NYSE:PSX)’s revenue estimates for the current quarter are $28.35 Billion according to 5 number of analysts, for the current quarter the company has high revenue estimates of $30.97 Billion in contradiction of low revenue estimates of $24.76 Billion. For the current year the company’s revenue estimates are $113.94 Billion compared to low analyst estimates of $106.06 Billion and high estimates of $127.04 Billion according to 6 number of analysts.
Currently Phillips 66 (NYSE:PSX)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 72.1%. However the six-month change in the insider ownership was recorded 2.36%, as well as three-month change in the institutional ownership was recorded 1.06%.
Phillips 66 (NYSE:PSX)’s trailing twelve month revenues are $112.48 Billion, whereas its price to sales ratio for the same period is 0.39. Its book value per share for the most recent quarter is $50.03 while its price to book ratio for the same period is 1.88, as for as the company’s cash per share for the most recent quarter is $1.98, however its price to cash per share ratio for the same period is 47.53. The stock has 5 year expected PEG ratio of 0.29 whereas its trailing twelve month P/E ratio is 11.89.