Analyst Ratings for Phillips 66 (PSX)Updated: 2017-07-28
Phillips 66 (NYSE:PSX) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for PSX last month.
A buy rating was issued by 5 analysts, 1 issued an overweight rating, 15 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for PSX by the analysts covering the stock. The highest price target was 103, implying a possible profit of 23.13 percent. The most pessimistic analyst gave a price target of 78, implying potential capital losses of -6.75 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -16.74 percent. That number becomes -14.49 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -3.99 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.04 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 8 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 6 analysts decreased their estimates.
Analysts estimate earnings of PSX to grow at a rate of 27.29 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PSX is 0.95.
PSX has a 52-week high of 88.87 and a 52-week low of 73.82. Today's price is 13.32 percent above the 52-week low, and 5.87 percent below the high. PSX has a P/E ratio of 25.98. Investors typically compare the P/E ratio to a company's peers in the industry. The PSX value stock report compares PSX to some of its peers using value stock charts. The market cap of PSX is $43.62 billion. PSX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.