Stock Updates

Is this Large Market Cap Stock target price reasonable for Phillips 66 (NYSE:PSX)?

The company in question is, Phillips 66 (NYSE:PSX) currently with a stock price of 75.1 (-0.03% today). The market cap for Phillips 66 is 39977.36, and is in the sector Basic Materials, and Oil & Gas Refining & Marketing industry. The target price for Phillips 66 is 87.92. Currently Phillips 66 is trading with a P/E of 11.25, and a forward P/E of 11.91. Average volume for Phillips 66 is 3021.52 and so far today it is 735786.

Performance in the last year for Phillips 66 has been -5.56%. For EPS growth, Phillips 66 has seen a growth of 8.90%, and is looking to grow in the next year to 49.89%. More long term stats show that EPS growth has been 46.10% over the last five years and could be 3.92% for the next five years. Phillips 66 has seen sales growth quarter over quarter at -23.60%, with EPS growth quarter over quarter at -59.50%. The 20-day simple moving average is -4.28%, with the 200-day simple moving average coming to -8.21%.

Since the IPO date for Phillips 66 on the 4/12/2012, Phillips 66 has seen performance year to date to be -6.73%. With Phillips 66 trading at 75.1, the dividend yield is 3.35%, and the EPS is 6.68.

So could Phillips 66, be undervalued? Well as said before P/E is 11.25. The PEG is 2.87, P/S is 0.43 and the P/B is at 1.74. The P/cash is 23.2, with P/free cash flow at *TBA.

Phillips 66 ability to deal with debt shows that the current ratio is 1.5, and the quick ratio is 1. This is with long term debt/equity at 0.39, and total debt/equity at 0.39.

In terms of margins, Phillips 66 has a gross margin of 26.70%, an operating margin of *TBA and a profit margin of *TBA.Payout ratio for Phillips 66 is *TBA. Return on assets come to *TBA with return on investment coming to 8.30%.

Insider ownership for Phillips 66, is at 0.10% and institutional ownership comes to 72.70%. Outstanding shares are at 532.18. While shares float is 525.23. The float short is currently 2.70%, and short ratio is 4.69.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Stephen Butters

Leave a Comment