The stock of Koninklijke Philips N.V. (NYSE:PHG) decreased by -$0.24 on Friday to finish at $20.26, down -1.17 percent. The last five days have seen an average of 508,740 shares of common stock traded. 22 times new highs were reached in the current year, with a gain of $5.27. The average number of shares traded over the last 20 days was 1,025,975, while the average volume over the last 50 days totaled 901,396.
PHG stock dropped -11.02% since last month. On 08/02/23, the company’s shares reached a one-month low of $20.14. The stock touched a high of $23.30 on 07/21/23, after rallying from a low of $11.25 in 52 weeks. The price of PHG stock has risen by 41.19% or $5.27 this year, reaching a new high 22 times. Still, the stock price is down -13.05% from the 52-week high.
Valuation Metrics
Beta for the stock is 0.93. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.95, the price-to-book (PB) ratio of 1.40, and the price-to-cash flow ratio of 220.46.
Company paid $0.9387 per share in dividends, a decrease of -2.63% from $0.9641 last year. A $0.0254 dividend decrease was reported on Thursday April 27 2023.
Financial Health
For the recent quarter, Koninklijke Philips N.V.’s quick ratio was 0.70, while its current ratio was 1.20, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.59, and the total debt to equity ratio is 0.68. As far as profitability goes, gross margin for the trailing twelve months is 41.70% percent. Koninklijke Philips N.V.’s EBITDA margin for the recent year was 7.90%, whereas its operating margin stood at -9.40% for the same period. Based on annual data, it had gross profit of $7.58 billion and revenue of $18.78 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a -6.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -15.60%.
Earnings Surprise
A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $19.97 billion, while revenues rose by 3.76% to $0.0. EBITDA was $242.07 million for the quarter. At the end of Koninklijke Philips N.V.’s most recent quarter, its liabilities totaled 18.92 billion, while its total debt was $8.22 billion.
Technical Picture
Here’s a quick look at Koninklijke Philips N.V.’s (PHG) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 33.24%, suggesting the stock is Neutral, with a 15.97% historical volatility rate.
The stochastic %K and %D were 12.52% and 12.62% respectively, while the average true range (ATR) was 0.40. Based on the 14-day stochastic reading of 7.99%, the RSI (14) reading is 38.31%. On the 9-day MACD Oscillator, the stock is at -0.11, and the 14-day reading is at -0.25.
Analyst Ratings
In its analyst report released on July 12, 2023, Goldman began covering Koninklijke Philips N.V. (NYSE: PHG). The stock was rated as a Buy by the brokerage firm. Analysts have assigned Koninklijke Philips N.V. (PHG) an Hold rating. PHG is a stock that is recommended for selling by 5 brokerage firms, while 7 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 1 rate it overweight and 3 others recommend it as a buy.
What is PHG’s price target for the next 12 months?
The current consensus forecast for the stock is between $12.57 and $33.24, with a median target price of $22.09. In analyzing these forecasts, the average price target given by analysts for Koninklijke Philips N.V. (PHG) is $21.41.
