Koninklijke Philips N.V. (NYSE: PHG) is 15.14% higher on its value in year-to-date trading and has touched a low of $11.75 and a high of $34.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PHG stock was last observed hovering at around $16.52 in the last trading session, with the day’s gains setting it 0.74% off its average median price target of $14.84 for the next 12 months. It is also 46.88% off the consensus price target high of $32.49 offered by 15 analysts, but current levels are -47.02% lower than the price target low of $11.74 for the same period.
Currently trading at $17.26, the stock is 8.73% and 15.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.88 million and changing 4.48% at the moment leaves the stock -10.14% off its SMA200. PHG registered -48.92% loss for a year compared to 6-month loss of -22.04%.
The stock witnessed a 30.86% gain in the last 1 month and extending the period to 3 months gives it a 30.07%, and is -0.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.39% over the week and 2.22% over the month.
Koninklijke Philips N.V. (PHG) has around 79097 employees, a market worth around $14.99B and $18.78B in sales. Fwd P/E is 18.56. Profit margin for the company is -7.80%. Distance from 52-week low is 46.89% and -50.59% from its 52-week high. The company has generated returns on investments over the last 12 months (3.20%).
Koninklijke Philips N.V. (PHG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Koninklijke Philips N.V. (PHG) is a “Hold”. 15 analysts offering their recommendations for the stock have an average rating of 3.00, where 6 rate it as a Hold and 1 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 5 analysts have rated the stock as a Sell or Underperform.
Koninklijke Philips N.V. is expected to release its quarterly report on 04/24/2023.The EPS is expected to shrink by -38.20% this year.
Koninklijke Philips N.V. (PHG) Top Institutional Holders
The shares outstanding are 885.33M, and float is at 873.31M with Short Float at 0.46%.
Koninklijke Philips N.V. (PHG): Who are the competitors?
The company’s main competitors (and peers) include Hologic Inc. (HOLX) that is trading 16.86% up over the past 12 months.