Koninklijke Philips N.V. ADR (NYSE: PHG) is 37.19% higher on its value in year-to-date trading and has touched a low of $17.16 and a high of $31.50 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 $30.80 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $30.95, the stock is 1.76% and 6.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing 0.49% at the moment leaves the stock 27.77% off its SMA200. PHG registered 56.29% gain for a year compared to 6-month gain of 59.72%. The firm has a 50-day simple moving average (SMA 50) of $29.0768 and a 200-day simple moving average (SMA200) of $24.65565.
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The stock witnessed a 2.89% loss in the last 1 month and extending the period to 3 months gives it a 19.96%, and is 0.26% up 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 1.53% over the week and 1.17% over the month.
Koninklijke Philips N.V. ADR (PHG) has around 69656 employees, a market worth around $28.91B and $19.61B in sales. Fwd P/E is 16.57. Profit margin for the company is -2.32%. Distance from 52-week low is 80.32% and -1.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.23%).
Koninklijke Philips N.V. ADR quarterly earnings per share for the current quarter are estimated at 0.41 with sales reaching $5.09B over the same period.The EPS is expected to grow by 28.26% this year, but quarterly earnings will post 7.30% year-over-year. Quarterly sales are estimated to grow 5.10% in year-over-year returns.
The shares outstanding are 937.37M, and float is at 934.10M with Short Float at 0.30%.
The top institutional shareholder in the company is MONDRIAN INVESTMENT PARTNERS LTD with over 8.18 million shares valued at $230.53 million. The investor’s holdings represent 0.9029 of the PHG Shares outstanding. As of 2024-06-30, the second largest holder is FIDUCIARY MANAGEMENT INC /WI/ with 6.7 million shares valued at $168.95 million to account for 0.74 of the shares outstanding. The other top investors are FMR LLC which holds 6.1 million shares representing 0.6736 and valued at over $153.79 million, while BLACKROCK INC. holds 0.6174 of the shares totaling 5.59 million with a market value of $140.96 million.
