Phillips 66 (NYSE:PSX) went up by 0.72% from its latest closing price compared to the recent 1-year high of $94.34. The company’s stock price has collected 6.83% of gains in the last five trading sessions. Barron’s reported 4 hours ago that Oil Refiners Have Gotten a Boost from the Power Crunch. It Won’t Last.
Is It Worth Investing in Phillips 66 (NYSE :PSX) Right Now?
Plus, the 36-month beta value for PSX is at 1.66. Opinions of the stock are interesting as 12 analysts out of 20 who provided ratings for Phillips 66 declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $88.94, which is $7.97 above the current price. PSX currently public float of 436.42M and currently shorts hold a 1.74% ratio of that float. Today, the average trading volume of PSX was 3.18M shares.
PSX’s Market Performance
PSX stocks went up by 6.83% for the week, with a monthly jump of 22.85% and a quarterly performance of 5.21%, while its annual performance rate touched 54.56%. The volatility ratio for the week stands at 2.76% while the volatility levels for the past 30 days are set at 3.03% for Phillips 66. The simple moving average for the period of the last 20 days is 15.98% for PSX stocks with a simple moving average of 5.72% for the last 200 days.
Analysts’ Opinion of PSX
Many brokerage firms have already submitted their reports for PSX stocks, with Piper Sandler repeating the rating for PSX by listing it as a “Overweight.” The predicted price for PSX in the upcoming period, according to Piper Sandler is $87 based on the research report published on October 06th of the current year 2021.
Morgan Stanley, on the other hand, stated in their research note that they expect to see PSX reach a price target of $80. The rating they have provided for PSX stocks is “Equal-Weight” according to the report published on September 07th, 2021.
Citigroup gave a rating of “Neutral” to PSX, setting the target price at $75 in the report published on August 26th of the current year.
PSX Trading at 16.44% from the 50-Day Moving Average
After a stumble in the market that brought PSX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.41% of loss for the given period.
Volatility was left at 3.03%, however, over the last 30 days, the volatility rate increased by 2.76%, as shares surge +26.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.45% upper at present.
During the last 5 trading sessions, PSX rose by +6.83%, which changed the moving average for the period of 200-days by +20.22% in comparison to the 20-day moving average, which settled at $72.11. In addition, Phillips 66 saw 18.14% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at PSX starting from Garland Greg C., who sale 158,500 shares at the price of $88.50 back on Mar 11. After this action, Garland Greg C. now owns 624,338 shares of Phillips 66, valued at $14,026,750 using the latest closing price.
Mandell Brian, the Executive Vice President of Phillips 66, sale 1 shares at $87.35 during a trade that took place back on Mar 08, which means that Mandell Brian is holding 32,203 shares at $61 based on the most recent closing price.
Stock Fundamentals for PSX
Current profitability levels for the company are sitting at:
- -2.87 for the present operating margin
- +0.28 for the gross margin
The net margin for Phillips 66 stands at -6.25. The total capital return value is set at -4.64, while invested capital returns managed to touch -11.11. Equity return is now at value -9.10, with -3.10 for asset returns.
Based on Phillips 66 (PSX), the company’s capital structure generated 90.15 points at debt to equity in total, while total debt to capital is 47.41. Total debt to assets is 31.28, with long-term debt to equity ratio resting at 83.01. Finally, the long-term debt to capital ratio is 43.65.
When we switch over and look at the enterprise to sales, we see a ratio of 0.75, with the company’s debt to enterprise value settled at 0.36. The receivables turnover for the company is 8.47 and the total asset turnover is 1.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.39.