Koninklijke Philips N.V. ADR (NYSE: PHG) is -9.24% lower on its value in year-to-date trading and has touched a low of $21.48 and a high of $32.91 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PHG stock was last observed hovering at around $22.80 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $22.98, the stock is -2.51% and -4.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing 0.79% at the moment leaves the stock -14.76% off its SMA200. PHG registered -15.33% loss for a year compared to 6-month loss of -15.64%. The firm has a 50-day simple moving average (SMA 50) of $24.0108 and a 200-day simple moving average (SMA200) of $26.9589.
The stock witnessed a -10.37% gain in the last 1 month and extending the period to 3 months gives it a -15.33%, and is 0.22% 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 0.76% over the week and 1.55% over the month.
Koninklijke Philips N.V. ADR (PHG) has around 67823 employees, a market worth around $21.26B and $19.49B in sales. Fwd P/E is 13.49. Profit margin for the company is -3.89%. Distance from 52-week low is 6.99% and -30.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.75%).
The EPS is expected to grow by 6.41% this year
377.0 institutions hold shares in Koninklijke Philips N.V. ADR (PHG), with institutional investors hold 6.50% of the company’s shares. The shares outstanding are 925.08M, and float is at 924.11M with Short Float at 0.40%. Institutions hold 6.50% of the Float.
The top institutional shareholder in the company is MONDRIAN INVESTMENT PARTNERS LTD with over 8.18 million shares valued at $$230.53 million. The investor’s holdings represent 0.8708 of the PHG Shares outstanding. As of 2024-06-30, the second largest holder is FIDUCIARY MANAGEMENT INC /WI/ with 6.7 million shares valued at $$168.95 million to account for 0.7137 of the shares outstanding. The other top investors are FMR LLC which holds 6.1 million shares representing 0.6497 and valued at over $$153.79 million, while BLACKROCK INC. holds 0.5955 of the shares totaling 5.59 million with a market value of $$140.96 million.
