Koninklijke Philips N.V. ADR (NYSE:PHG) price on Friday, February 28, remained unchanged to $26.03.
A look at the stock’s price movement, the close in the last trading session was $26.03. Turning to its 52-week performance, $32.91 and $19.10 were the 52-week high and 52-week low respectively. Overall, PHG moved -4.58% over the past month.
Koninklijke Philips N.V. ADR’s market cap currently stands at around $24.08 billion, with investors looking forward to this quarter’s earnings report slated for in April.
Analysts have a consensus estimate of 4.18B for the company’s revenue for the quarter, with a low and high estimate of 4.03B and 4.42B respectively. The average forecast suggests up to a 1.08% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 18.87B, representing a 4.73% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PHG is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
8 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 6 analyst(s) rate the stock as a Hold, 2 recommend PHG as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PHG’s current price about -3.51% and -0.94% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.86, while 7-day volatility ratio is 1.34% and 1.48% in the 30-day chart. Further, Koninklijke Philips N.V. ADR (PHG) has a beta value of 0.78, and an average true range (ATR) of 0.65.
If we refocus on Koninklijke Philips N.V. ADR (NYSE:PHG), historical trading data shows that trading volumes averaged 714.42K over the past 3 months. The company’s latest data on shares outstanding shows there are 925.01 million shares.
The 0.00% of Koninklijke Philips N.V. ADR’s shares are in the hands of company insiders while institutional holders own 6.13% of the company’s shares. Current price change has pushed the stock 2.80% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PHG stock continues to rise going into the next quarter.
