Phillips 66 (NYSE: PSX) on June 22, 2022, started off the session at the price of $92.00, plunging -5.70% from the previous trading day. During the day, the shares moved up to $94.03 and dropped to $90.48 before settling in for the closing price of $95.98. Within the past 52 weeks, PSX’s price has moved between $63.19 and $111.28.
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Energy Sector giant saw their annual sales surged by 5.60% over the last five years. The company achieved an average annual earnings per share of 132.70%.
The firm has a total of 14000 workers. Let’s measure their productivity. In terms of profitability, gross margin is +3.02, operating margin of +1.09, and the pretax margin is +1.55.
Phillips 66 (PSX) Insider Activity
Observing investor behavior towards Oil & Gas Refining & Marketing industry stocks is more important than anything else. The insider ownership of Phillips 66 is 0.30%, while institutional ownership is 71.70%. The most recent insider transaction that took place on Jun 09, was worth 16,093,635. In this transaction Chairman and CEO of this company sold 146,700 shares at a rate of $109.70, taking the stock ownership to the 656,563 shares. Before that another transaction happened on Jun 08, when Company’s Executive Vice President sold 59,100 for $110.21, making the entire transaction worth $6,513,452. This insider now owns 48,201 shares in total.
Phillips 66 (PSX) Earnings and Forecasts
As on 3/30/2022, Multinational firm has announced its last quarter scores, in which it reported $1.32 earnings per share (EPS) for the period topping the consensus outlook (set at $1.22) by $0.1. This company achieved a net margin of +1.17 while generating a return on equity of 6.85. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.8 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 132.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.10% during the next five years compared to 0.30% growth over the previous five years of trading.
Phillips 66 (NYSE: PSX) Trading Performance Indicators
Phillips 66 (PSX) is currently performing well based on its current performance indicators. A quick ratio of 0.90 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.37. Likewise, its price to free cash flow for the trailing twelve months is 13.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.75, a number that is poised to hit 4.21 in the next quarter and is forecasted to reach 9.26 in one year’s time.
Technical Analysis of Phillips 66 (PSX)
Analysing the last 5-days average volume posted by the [Phillips 66, PSX], we can find that recorded value of 7.49 million was better than the volume posted last year of 4.44 million. As of the previous 9 days, the stock’s Stochastic %D was 10.01%. Additionally, its Average True Range was 4.29.
During the past 100 days, Phillips 66’s (PSX) raw stochastic average was set at 44.51%, which indicates a significant increase from 1.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.92% in the past 14 days, which was higher than the 43.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $94.26, while its 200-day Moving Average is $82.46. Now, the first resistance to watch is $92.87. This is followed by the second major resistance level at $95.22. The third major resistance level sits at $96.42. If the price goes on to break the first support level at $89.32, it is likely to go to the next support level at $88.12. Should the price break the second support level, the third support level stands at $85.77.
Phillips 66 (NYSE: PSX) Key Stats
Market capitalization of the company is 46.43 billion based on 481,100K outstanding shares. Right now, sales total 111,476 M and income totals 1,317 M. The company made 36,179 M in profit during its latest quarter, and 582,000 K in sales during its previous quarter.