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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 78.61 (0.42% today). The market cap for Phillips 66 is 41351.17, and is in the sector Basic Materials, and Oil & Gas Refining & Marketing industry. The target price for Phillips 66 is 84.36. Currently Phillips 66 is trading with a P/E of 13.62, and a forward P/E of 13.84. Average volume for Phillips 66 is 3083.2 and so far today it is 891496.

Performance in the last year for Phillips 66 has been 1.11%. For EPS growth, Phillips 66 has seen a growth of 8.90%, and is looking to grow in the next year to 54.89%. 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 -72.50%, with EPS growth quarter over quarter at -83.10%. The 20-day simple moving average is 0.80%, with the 200-day simple moving average coming to -3.59%.

Since the IPO date for Phillips 66 on the 4/12/2012, Phillips 66 has seen performance year to date to be -2.80%. With Phillips 66 trading at 78.61, the dividend yield is 3.22%, and the EPS is 5.75.

So could Phillips 66, be undervalued? Well as said before P/E is 13.62. The PEG is *TBA, P/S is 0.47 and the P/B is at 1.81. The P/cash is 18.53, 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 72.90%. Outstanding shares are at 528.25. While shares float is 522.5. The float short is currently 2.75%, and short ratio is 4.67.

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

Peter Clarke

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