Phillips 66 (NYSE: PSX) is 20.79% higher on its value in year-to-date trading and has touched a low of $89.74 and a high of $174.08 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 PSX stock was last observed hovering at around $162.49 in the last trading session, with the day’s loss setting it -1.67%.
Currently trading at $160.82, the stock is -1.32% and 5.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing -1.03% at the moment leaves the stock 26.88% off its SMA200. PSX registered 51.33% gain for a year compared to 6-month gain of 45.21%.
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The stock witnessed a 4.17% loss in the last 1 month and extending the period to 3 months gives it a 21.04%, and is -4.59% 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 2.63% over the week and 2.30% over the month.
Phillips 66 (PSX) has around 14000 employees, a market worth around $68.80B and $147.26B in sales. Current P/E ratio is 10.40 and Fwd P/E is 11.09. Profit margin for the company is 4.76%. Distance from 52-week low is 79.21% and -7.62% from its 52-week high. The company has generated returns on investments over the last 12 months (14.22%).
The EPS is expected to shrink by -13.97% this year.
Phillips 66 (PSX) Top Institutional Holders
The shares outstanding are 430.46M, and float is at 426.91M with Short Float at 1.88%.
Phillips 66 (PSX) Insider Activity
The most recent transaction is an insider sale by Pruitt Joseph Scott,the company’sVice President and Controller. SEC filings show that Pruitt Joseph Scott sold 7,200 shares of the company’s common stock on Mar 20 ’24 at a price of $157.26 per share for a total of $1.13 million. Following the sale, the insider now owns 6583.0 shares.
Phillips 66 disclosed in a document filed with the SEC on Mar 18 ’24 that Pruitt Joseph Scott (Vice President and Controller) sold a total of 5,922 shares of the company’s common stock. The trade occurred on Mar 18 ’24 and was made at $157.40 per share for $0.93 million. Following the transaction, the insider now directly holds 6583.0 shares of the PSX stock.
Still, SEC filings show that on Feb 15 ’24, Pease Robert W (Director) acquired 682 shares at an average price of $146.58 for $99968.0. The insider now directly holds 1,900 shares of Phillips 66 (PSX).
