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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 77.68 (-1.47% today). The market cap for Phillips 66 is 42397, and is in the sector Basic Materials, and Oil & Gas Refining & Marketing industry. The target price for Phillips 66 is 84.13. Currently Phillips 66 is trading with a P/E of 13.72, and a forward P/E of 14.1. Average volume for Phillips 66 is 2877.36 and so far today it is 341607.

Performance in the last year for Phillips 66 has been 0.76%. For EPS growth, Phillips 66 has seen a growth of 8.90%, and is looking to grow in the next year to 66.56%. More long term stats show that EPS growth has been 46.10% over the last five years and could be -0.20% for the next five years. Phillips 66 has seen sales growth quarter over quarter at -57.30%, with EPS growth quarter over quarter at -74.50%. The 20-day simple moving average is 1.05%, with the 200-day simple moving average coming to -2.65%.

Since the IPO date for Phillips 66 on the 4/12/2012, Phillips 66 has seen performance year to date to be -1.32%. With Phillips 66 trading at 77.68, the dividend yield is 3.20%, and the EPS is 5.75.

So could Phillips 66, be undervalued? Well as said before P/E is 13.72. The PEG is *TBA, P/S is 0.48 and the P/B is at 1.82. The P/cash is 19, with P/free cash flow at *TBA.

Phillips 66 ability to deal with debt shows that the current ratio is 1.2, and the quick ratio is 0.8. This is with long term debt/equity at 0.32, and total debt/equity at 0.39.

In terms of margins, Phillips 66 has a gross margin of 29.20%, an operating margin of 5.30% and a profit margin of 3.50%.Payout ratio for Phillips 66 is 39.90%. Return on assets come to 6.30% with return on investment coming to 13.20%.

Insider ownership for Phillips 66, is at 10.84% and institutional ownership comes to 72.00%. Outstanding shares are at 537.76. While shares float is 522.5. The float short is currently 2.53%, and short ratio is 4.59.

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

Mark Hines

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