Stock To Watch: Phillips 66 (NYSE:PSX)


The leading market experts have placed a mean price target of $84.86 on Phillips 66 (NYSE:PSX) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.28 a share for the upcoming quarter and $3.94 for the current fiscal. Technical View The technical analysis of Phillips 66 Common Stock plainly substantiates that the 50-day moving average of Phillips 66 Common Stock is $77.80, and stock is hovering -2.13 or -2.74% distant from $77.80. It is noted that the 200-day MA is $80.91, and Phillips 66 Common Stock stock is $-5.24 or -6.48% off from this point. Phillips 66 (NYSE:PSX) 52-week high is $94.12 and the 52-week low is $69.79. This explains if the stock moves $-18.45, it will post a 52-week high. In event of $+8.43% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Phillips 66 Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Phillips 66 (NYSE:PSX) ratio came in at 11.32. The stock last ended the trading session at $75.67 and registered a market cap of $39.77B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Phillips 66 (NYSE:PSX) PEG ratio is at 8.80.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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