A new trading day began on Tuesday, with Phillips 66 (NYSE: PSX) stock price down -2.05% from the previous day of trading, before settling in for the closing price of $126.13. PSX’s price has ranged from $108.90 to $174.08 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 14.15%. Meanwhile, its annual earnings per share averaged 10.93%. With a float of $406.56 million, this company’s outstanding shares have now reached $408.39 million.
Let’s determine the extent of company efficiency that accounts for 13200 employees. In terms of profitability, gross margin is 6.53%, operating margin of 1.5%, and the pretax margin is 1.87%.
Phillips 66 (PSX) Insider Activity
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 0.28%, while institutional ownership is 76.45%. The most recent insider transaction that took place on Aug 15 ’24, was worth 4,170,411. In this transaction Exec. VP and CFO of this company sold 30,000 shares at a rate of $139.01, taking the stock ownership to the 81,937 shares. Before that another transaction happened on Aug 15 ’24, when Company’s Officer proposed sale 30,000 for $139.01, making the entire transaction worth $4,170,411.
Phillips 66 (PSX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.91% during the next five years compared to -5.91% drop 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 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.35. Likewise, its price to free cash flow for the trailing twelve months is 21.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.93, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 11.72 in one year’s time.
Technical Analysis of Phillips 66 (PSX)
Looking closely at Phillips 66 (NYSE: PSX), its last 5-days average volume was 3.68 million, which is a drop from its year-to-date volume of 3.72 million. As of the previous 9 days, the stock’s Stochastic %D was 60.07%. Additionally, its Average True Range was 4.15.
During the past 100 days, Phillips 66’s (PSX) raw stochastic average was set at 50.34%, which indicates a significant increase from 43.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.86% in the past 14 days, which was higher than the 28.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $121.65, while its 200-day Moving Average is $130.15. However, in the short run, Phillips 66’s stock first resistance to watch stands at $126.34. Second resistance stands at $129.13. The third major resistance level sits at $131.37. If the price goes on to break the first support level at $121.31, it is likely to go to the next support level at $119.07. Should the price break the second support level, the third support level stands at $116.28.
Phillips 66 (NYSE: PSX) Key Stats
With a market capitalization of 50.37 billion, the company has a total of 407,698K Shares Outstanding. Currently, annual sales are 143,153 M while annual income is 2,117 M. The company’s previous quarter sales were 33,685 M while its latest quarter income was 8,000 K.
