How Koninklijke Philips N.V. (PHG) Works From A Technical Perspective

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Koninklijke Philips N.V. (NYSE:PHG) traded with a subtraction of -$0.32 to close at $14.93 on Friday, a downside of -2.13 percent. An average of 2,553,195 shares of common stock have been traded in the last five days. There was a gain of $0.47 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 3,408,134 shares traded, while the 50-day average volume stands at 3,258,078.

PHG stock has increased by 4.67% in the last month. The company shares reached their 1-month lowest point of $12.96 on 12/20/22. With the stock rallying to its 52-week high on 01/11/22, shares of the company touched a low of $11.75 and a high of $38.77 in 52 weeks. It has reached a new high 3 times so far this year and lost -58.62% or -$21.91 in price. In spite of this, the price is down -61.50% from the 52-week high.


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Valuation Metrics

Koninklijke Philips N.V. (PHG) stock’s beta is 0.87. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.71, the price-to-book (PB) ratio at 0.88, and the price-to-cash flow ratio at 4.19.

The company’s most recent quarterly dividend payment was $0.9641 a share, representing a down of -6.68% from $1.0331 last year. Its latest decrease dividend $0.0690 reported on Tuesday January 25 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.48 and a total debt to equity ratio of 0.58 for the quarter ending December 30. Koninklijke Philips N.V.’s EBITDA margin for the year ending December 30 is 10.79%, while its operating margin for the same period stands at -8.90%. Its gross profit as reported stood at $8.48 billion compared to revenue of $20.3 billion.

Earnings Surprise

For the three-month period that ended December 30, Koninklijke Philips N.V. had $202.72 million in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $3.72 billion in the quarter, while revenues were grew 64.24%. The analyst consensus anticipated Koninklijke Philips N.V.’s latest quarter earnings to come in at $1.37 per share, but it turned out to be $0.65, a -52.60% surprise. For the quarter, EBITDA amounted to $11.71 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Koninklijke Philips N.V. (PHG) price momentum. RSI 9-day as of the close on 29 December was 58.56%, suggesting the stock is Neutral, with historical volatility in this time frame at 44.96%.

As of today, PHG’s price is $14.93 +3.25% or $0.47 from its 5-day moving average. PHG is currently trading -0.33% lower than its 20-day SMA and -25.49% lower than its 100-day SMA. However, the stock’s current price level is +13.10% above the SMA50 and -53.47% below the SMA200.

The stochastic %K and %D were 89.38% and 91.24%, respectively, and the average true range (ATR) was 0.46. With the 14-day stochastic at 85.92% and the average true range at 0.47, the RSI (14) stands at 56.29%. The stock has reached 0.53 on the 9-day MACD Oscillator while the 14-day reading was at 0.62.

Analyst Ratings

Morgan Stanley launched coverage on Koninklijke Philips N.V. (NYSE: PHG) in its analyst report released on October 18, 2022. The firm assigned the stock an Equal-weight rating. The consensus rating for Koninklijke Philips N.V. (PHG) among analysts is Hold. According to current brokerage recommendations, 4 brokerage firms advise that investors sell PHG, while 7 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 3 others rate it as a “buy”.

What is PHG’s price target for the next 12 months?

Analysts predict a range of price targets between $11.60 and $29.15, with a median target of $14.84. Taking a look at these predictions, the average price target given by analysts for Koninklijke Philips N.V. (PHG) stock is $15.97.

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