News coverage about Koninklijke Philips (NYSE:PHG) has been trending somewhat positive recently, according to Accern. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Koninklijke Philips earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.1386595885275 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Koninklijke Philips (PHG) Cut to Sell at Zacks Investment Research (americanbankingnews.com)
- Philips Collaborates on Program for Medication Adherence (finance.yahoo.com)
- Philips celebrates World Sleep Day early with the release of its annual global sleep survey results, overnight concert experience (finance.yahoo.com)
- Koninklijke Philips (PHG) Downgraded by ValuEngine (americanbankingnews.com)
- Clinical trial finds Philips’ instant wave-free ratio (iFR) more cost-effective than fractional flow reserve (FFR) in the guidance of percutaneous coronary intervention (PCI) for heart disease (finance.yahoo.com)
PHG has been the subject of a number of research reports. Berenberg Bank raised shares of Koninklijke Philips from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Zacks Investment Research raised shares of Koninklijke Philips from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, ValuEngine downgraded shares of Koninklijke Philips from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $40.50.
Shares of Koninklijke Philips (PHG) opened at $38.84 on Wednesday. The company has a current ratio of 1.47, a quick ratio of 1.13 and a debt-to-equity ratio of 0.34. Koninklijke Philips has a one year low of $30.41 and a one year high of $42.35. The firm has a market cap of $36,371.52, a PE ratio of 29.75, a P/E/G ratio of 1.89 and a beta of 1.31.
Koninklijke Philips (NYSE:PHG) last posted its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.59 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.59. Koninklijke Philips had a return on equity of 6.93% and a net margin of 8.68%. The firm had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $5.42 billion. During the same quarter in the previous year, the company earned $0.67 EPS. The business’s revenue for the quarter was down 26.8% compared to the same quarter last year. research analysts predict that Koninklijke Philips will post 2.32 EPS for the current year.
The company also recently declared an annual dividend, which will be paid on Wednesday, June 6th. Investors of record on Tuesday, May 8th will be paid a $0.9917 dividend. This is a boost from Koninklijke Philips’s previous annual dividend of $0.86. The ex-dividend date of this dividend is Monday, May 7th. This represents a dividend yield of 2.43%. Koninklijke Philips’s payout ratio is presently 35.96%.
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About Koninklijke Philips
Koninklijke Philips N.V. is the Netherlands-based health technology company. The Company’s segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items. The Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease.
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