A new trading day began on Friday, with Phillips 66 (NYSE: PSX) stock price up 0.91% from the previous day of trading, before settling in for the closing price of $153.31. PSX’s price has ranged from $89.74 to $174.08 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 14.03% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -13.37%. With a float of $426.90 million, this company’s outstanding shares have now reached $430.46 million.
In an organization with 14000 employees, it is important to assess its efficiency.
Phillips 66 (PSX) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Refining & Marketing Industry. The insider ownership of Phillips 66 is 0.21%, while institutional ownership is 77.68%. The most recent insider transaction that took place on Mar 20 ’24, was worth 1,132,290. In this transaction Vice President and Controller of this company sold 7,200 shares at a rate of $157.26, taking the stock ownership to the 6,583 shares. Before that another transaction happened on Mar 18 ’24, when Company’s Vice President and Controller sold 5,922 for $157.40, making the entire transaction worth $932,103. This insider now owns 6,583 shares in total.
Phillips 66 (PSX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 154.71 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.60% during the next five years compared to 5.58% growth over the previous five years of trading.
Phillips 66 (NYSE: PSX) Trading Performance Indicators
Here are Phillips 66’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45. Likewise, its price to free cash flow for the trailing twelve months is 14.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.46, a number that is poised to hit 2.25 in the next quarter and is forecasted to reach 14.59 in one year’s time.
Technical Analysis of Phillips 66 (PSX)
Let’s dig in a bit further. During the last 5-days, its volume was 2.1 million. That was inferior than the volume of 3.01 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.84%. Additionally, its Average True Range was 3.84.
During the past 100 days, Phillips 66’s (PSX) raw stochastic average was set at 65.88%, which indicates a significant increase from 9.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.63% in the past 14 days, which was higher than the 23.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $154.11, while its 200-day Moving Average is $128.29. However, in the short run, Phillips 66’s stock first resistance to watch stands at $156.79. Second resistance stands at $158.86. The third major resistance level sits at $160.52. If the price goes on to break the first support level at $153.06, it is likely to go to the next support level at $151.40. The third support level lies at $149.33 if the price breaches the second support level.
Phillips 66 (NYSE: PSX) Key Stats
With a market capitalization of 66.19 billion, the company has a total of 427,824K Shares Outstanding. Currently, annual sales are 147,399 M while annual income is 7,015 M. The company’s previous quarter sales were 38,270 M while its latest quarter income was 1,260 M.
