In the latest trading session,, 2.36 million Phillips 66 (NYSE:PSX) shares changed hands as the company’s beta touched 1.02. With the company’s most recent per share price at $112.65 changed hands at -$8.25 or -6.82% at last look, the market valuation stands at $45.90B. PSX’s current price is a discount, trading about -33.26% off its 52-week high of $150.12. The share price had its 52-week low at $91.01, which suggests the last value was 19.21% up since then.
Analysts gave the Phillips 66 (PSX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.91. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended PSX as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight.
Phillips 66 (NYSE:PSX) trade information
Instantly PSX was in red as seen in intraday trades today. With action -9.66%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -1.12%, with the 5-day performance at -9.66% in the red. However, in the 30-day time frame, Phillips 66 (NYSE:PSX) is 11.65% up.
The consensus price target for the stock as assigned by Wall Street analysts is 132, meaning bulls need an upside of 14.66% from its recent market value. According to analyst projections, PSX’s forecast low is 115 with 140 as the target high. To hit the forecast high, the stock’s price needs a -24.28% plunge from its current level, while the stock would need to soar -2.09% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -5.91%. The 2025 estimates are for Phillips 66 earnings to decrease by -26.42%, but the outlook for the next 5-year period is at 24.62% per year.
PSX Dividends
Phillips 66 is expected to release its next quarterly earnings report in June. The 4.13% annual yield figure for the share gives it an annual dividend of 4.65. It is important to note, however, that the 4.13% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.2934% or 30.84 million shares worth $4.35 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 12.93 shares estimated at $1.47 billion under it, the former controlled 3.17% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.74% of the shares, roughly 11.18 shares worth around $1.27 billion.
