Why is PSX stock dropping?
Stocks at PSX subdued as investors waver over MSCI decision
- The benchmark KSE-100 index fell 38.95 points or 0.08% on Monday, to close at 46,918.52.
- MSCI announcement regarding the reclassification of PSX is due on September 7.
- According to analysts, reclassification of PSX will help increase the number of foreign investors.
How much are target stocks?
Target stock price target raised to $353 from $305 at Deutsche Bank Mar. 2, 2022 at 7:53 a.m. ET by Tomi Kilgore Target stock price target raised to $290 from $262 at J.P. Morgan
What is the price of target stock?
The target stock price is an estimate that an analyst believes will be the current price at some point in the future, generally 12 months from now. Price targets can give you an indication of what others believe a stock is truly worth.
Is PSX a buy?
Phillips 66 (NYSE:PSX) is not the most popular stock in this group but hedge fund interest is still above average. Our overall hedge fund sentiment score for PSX is 65.8. Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score.
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Is PSX a good stock to buy now?
Out of 11 analysts, 4 (36.36%) are recommending PSX as a Strong Buy, 4 (36.36%) are recommending PSX as a Buy, 3 (27.27%) are recommending PSX as a Hold, 0 (0%) are recommending PSX as a Sell, and 0 (0%) are recommending PSX as a Strong Sell. What is PSX's earnings growth forecast for 2022-2024?
Is PSX a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Is p66 a good buy?
Phillips 66 is a great high-yield stock. The company has a healthy balance sheet again after using it to protect the dividend while maintaining growth CapEx during the recession. Now, it is reaping the benefits from high fuel and chemicals demand and strong free cash flow used to boost dividends and buybacks.
How much dividend does Phillips 66 pay?
When is Phillips 66 dividend?
Phillips 66 pays an annual dividend of $3.60 per share and currently has a dividend yield of 4.98%. PSX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. View Phillips 66's dividend history.
When is Phillips 66 earnings call?
Phillips 66 announced a quarterly dividend on Wednesday, July 14th. Investors of record on Wednesday, August 18th will be paid a dividend of $0.90 per share on Wednesday, September 1st. This represents a $3.60 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend is Tuesday, August 17th.
How much does Phillips 66 make?
Phillips 66 will be holding an earnings conference call on Tuesday, August 3rd at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.
Ideas
Phillips 66 has a market capitalization of $31.60 billion and generates $65.49 billion in revenue each year. The oil and gas company earns $-3,975,000,000.00 in net income (profit) each year or ($0.89) on an earnings per share basis.
Profile
Strong Relative strength. making highs with volume Similar to $COP,$MAR
Premium Research for PSX
Phillips 66 engages in the processing, transportation, storage, and marketing of fuels and other related products. The company operates through the following segments: Midstream, Chemicals, Refining and Marketing & Specialties.
Company Summary
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Sales
- Low
- High
- Open
Release
| DATE | OPEN | HIGH | LOW |
|---|---|---|---|
| Jul 23, 2021 | 72.29 | 72.61 | 71.41 |
| Jul 22, 2021 | 73.28 | 73.45 | 71.38 |
| Jul 21, 2021 | 72.50 | 74.30 | 72.38 |
| Jul 20, 2021 | 70.50 | 72.51 | 69.73 |
| Jul 19, 2021 | 72.00 | 72.81 | 70.07 |
| Jul 16, 2021 | 77.79 | 77.97 | 74.22 |
| Jul 15, 2021 | 77.60 | 78.63 | 76.81 |
| Jul 14, 2021 | 81.49 | 82.37 | 78.30 |
Cost
- Phillips 66 (NYSE:PSX) announced its quarterly earnings data on Tuesday, April, 30th. The oil and gas company reported $0.40 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.06. The oil and gas company earned $23.66 billion during the quarter, compared to analysts' expectations of $24.66 billion. Ph...
Ratings
- Phillips 66 is scheduled to release their next quarterly earnings announcement on Friday, July 26th 2019. View Earnings Estimates for Phillips 66.
Ownership
- 13 equities research analysts have issued 1-year price targets for Phillips 66's stock. Their predictions range from $102.00 to $140.00. On average, they anticipate Phillips 66's stock price to reach $122.5455 in the next year. This suggests a possible upside of 42.8% from the stock's current price. View Analyst Price Targets for Phillips 66.
Business
- 13 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for Phillips 66 in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of \"Buy.\" View Analyst Ratings for Phillips 66. Media coverage about PSX stock has trended positive on Monday, InfoTrie reports. The research firm scores the sentiment of ne…
Location
- Phillips 66's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.77%), Wells Fargo & Company MN (2.00%), Northern Trust Corp (1.26%), LSV Asset Management (1.01%), JPMorgan Chase & Co. (0.97%) and Dimensional Fund Advisors LP (0.68%). Company insiders that own Phillips 66 stock include Chukwuemeka …