A share price of Phillips 66 [PSX] is currently trading at $117.27, up 1.11%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PSX shares have gain 1.82% over the last week, with a monthly amount drifted -6.43%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Phillips 66 [NYSE: PSX] stock has seen the most recent analyst activity on January 03, 2025, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $143 for it. On September 11, 2024, TD Cowen reiterated its Buy rating and revised its price target to $150 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $162 on July 31, 2024. TD Cowen reiterated a Buy rating for this stock on June 21, 2024, and downed its price target to $155. In a note dated January 24, 2024, Citigroup initiated an Buy rating.
Phillips 66 experienced fluctuations in its stock price throughout the past year between $108.90 and $174.08. Currently, Wall Street analysts expect the stock to reach $138.75 within the next 12 months. Phillips 66 [NYSE: PSX] shares were valued at $117.27 at the most recent close of the market. An investor can expect a potential return of 18.32% based on the average PSX price forecast.
Analyzing the PSX fundamentals
Trailing Twelve Months sales for Phillips 66 [NYSE:PSX] were 147.46B which represents -11.73% decline. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.11 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 115.43 points at the first support level, and at 113.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 118.21, and for the 2nd resistance point, it is at 119.14.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Phillips 66 [NYSE:PSX] is 1.21. As well, the Quick Ratio is 0.83, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 1.69 and price to earnings (TTM) ratio is 15.08.
Transactions by insiders
Recent insider trading involved Mitchell Kevin J, Exec. VP and CFO, that happened on Aug 15 ’24 when 30000.0 shares were sold. Officer, Mitchell Kevin J completed a deal on Aug 15 ’24 to buy 30000.0 shares. Meanwhile, Executive Vice President Roberts Timothy D. sold 37742.0 shares on May 16 ’24.
