Phillips 66 (NYSE: PSX) has experienced a rise in its stock price by 1.80 compared to its previous closing price of 113.93. However, the company has seen a fall of -0.09% in its stock price over the last five trading days. zacks.com reported 2025-01-13 that In the latest trading session, Phillips 66 (PSX) closed at $115.98, marking a +1.8% move from the previous day.
Is It Worth Investing in Phillips 66 (NYSE: PSX) Right Now?
Phillips 66 (NYSE: PSX) has a price-to-earnings ratio of 14.91x that is above its average ratio. Additionally, the 36-month beta value for PSX is 1.35. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 6 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for PSX is 411.89M and currently, short sellers hold a 1.55% ratio of that float. The average trading volume of PSX on January 14, 2025 was 2.65M shares.
PSX’s Market Performance
The stock of Phillips 66 (PSX) has seen a -0.09% decrease in the past week, with a -7.67% drop in the past month, and a -14.98% fall in the past quarter. The volatility ratio for the week is 2.64%, and the volatility levels for the past 30 days are at 2.29% for PSX. The simple moving average for the last 20 days is 1.24% for PSX’s stock, with a simple moving average of -14.84% for the last 200 days.
Analysts’ Opinion of PSX
Many brokerage firms have already submitted their reports for PSX stocks, with Wolfe Research repeating the rating for PSX by listing it as a “Outperform.” The predicted price for PSX in the upcoming period, according to Wolfe Research is $143 based on the research report published on January 03, 2025 of the current year 2025.
BofA Securities, on the other hand, stated in their research note that they expect to see PSX reach a price target of $156. The rating they have provided for PSX stocks is “Buy” according to the report published on October 17th, 2024.
TD Cowen gave a rating of “Buy” to PSX, setting the target price at $150 in the report published on September 11th of the previous year.
PSX Trading at -5.85% 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 -33.38% of loss for the given period.
Volatility was left at 2.29%, however, over the last 30 days, the volatility rate increased by 2.64%, as shares sank -7.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.91% lower at present.
During the last 5 trading sessions, PSX fell by -0.09%, which changed the moving average for the period of 200-days by -25.94% in comparison to the 20-day moving average, which settled at $114.56. In addition, Phillips 66 saw 1.80% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PSX starting from Mitchell Kevin J, who sale 30,000 shares at the price of $139.01 back on Aug 15 ’24. After this action, Mitchell Kevin J now owns 81,937 shares of Phillips 66, valued at $4,170,411 using the latest closing price.
Mitchell Kevin J, the Officer of Phillips 66, proposed sale 30,000 shares at $139.01 during a trade that took place back on Aug 15 ’24, which means that Mitchell Kevin J is holding shares at $4,170,411 based on the most recent closing price.
Stock Fundamentals for PSX
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.06 for the gross margin
The net margin for Phillips 66 stands at 0.02. The total capital return value is set at 0.06. Equity return is now at value 11.28, with 4.39 for asset returns.
Based on Phillips 66 (PSX), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is 3.89.
Currently, EBITDA for the company is 12.37 billion with net debt to EBITDA at 2.46. When we switch over and look at the enterprise to sales, we see a ratio of 0.45. The receivables turnover for the company is 14.15for trailing twelve months and the total asset turnover is 1.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.
Conclusion
In conclusion, Phillips 66 (PSX) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
