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Phillips 66 (NYSE: PSX) – Is this large market cap stock undervalued?

Phillips 66 (NYSE: PSX), is firmly in the large market cap category with market cap of 41925.79. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Phillips 66 is 78.78 (with a change from open of -0.43%), this in conjunction with a target price of 84.8. Volume today has so far reached 977085, with an average volume of about 2667.53. The GAP for this stock, is -0.86%.

The P/E ratio is 13.88, bringing the forward P/E to a value of 14.44. The current EPS for Phillips 66, is 5.75, with a EPS growth for this year coming to a value of 8.90%. Performance has been interesting with performance year to date coming to -0.10%.

Looking further into the growth statistics for Phillips 66, EPS is looking like it will grow 65.50% in the next year. Looking even further it is projected to be -1.10%. Quarter over quarter is -74.50% for EPS growth and for sales growth quarter over quarter it is -57.30%. Looking at past EPS growth statistics we see that for the past five years it has been 46.10%. Sales growth for the past five years has in fact been -7.30%.

Looking at the ownership, we see that the insider ownership is at 10.84% and institutional ownership is 71.90%. Shares outstanding is 525.32, while shares float is at a value of 522.5. Float short for Phillips 66 is 2.30% and the short ratio is 4.51.

In terms of debt, long term debt/equity is 0.32, while the total debt/equity comes to 0.39. The ability to meet these debts, means that the current ratio is 1.2, and the quick ratio is 0.8. The most recent gross margin is 29.20% and their operating margin is 5.30%. The profit margin is 3.50%.

Phillips 66 has seen returns on assets of 6.30%, and on investment, 13.20%. Return on equity is 13.50%. Price/Earnings to growth ratio is *TBA. Price/Sales ratio is at a value of 0.47, with Price/book ratio coming to 1.85 and Price/cash is 18.78, and finally Price/Free cash Flow is *TBA.

The simple moving averages are -0.12% and -0.71% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -14.25% and the 52 week low is 11.60%.

Phillips 66 has a dividend yield of 3.16%, with a current price of 78.78. The ability to pay this means the payout ratio is 39.90%. This is in an industry, Oil & Gas Refining & Marketing, with equally high dividends from other companies in this sector, which it is Basic Materials. Phillips 66 is based in USA.

Performance in the Oil & Gas Refining & Marketing industry means that Phillips 66 has seen performance for the past week of -1.58%, with performance for the month coming to 3.31%. Looking at the data for the quarter it is at a value of 5.02%, and for the half year the performance is 0.07%. Volatility for this week is 1.34% and for the month this is 1.61%.

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.

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Tony Dabbs

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