Is Phillips Stock a Good Investment?
Phillips Investment Advice | PSX |
- Examine Phillips' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Phillips' leadership team and their track record. Good management can help Phillips navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Refining & Marketing space and any emerging trends that could impact Phillips' business and its evolving consumer preferences.
- Compare Phillips' performance and market position to its competitors. Analyze how Phillips is positioned in terms of product offerings, innovation, and market share.
- Check if Phillips pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Phillips' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Phillips 66 stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Phillips 66 is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Phillips Stock
Researching Phillips' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 75.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.92. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Phillips 66 has Price/Earnings To Growth (PEG) ratio of 0.73. The entity recorded earning per share (EPS) of 7.84. The firm last dividend was issued on the 18th of November 2024.
To determine if Phillips is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Phillips' research are outlined below:
| Phillips 66 has a strong financial position based on the latest SEC filings | |
| About 75.0% of the company shares are owned by institutional investors | |
| Latest headline from bnnbloomberg.ca: Acquisition by Hayes Gregory of tradable shares of Phillips at 140.135 subject to Rule 16b-3 |
Phillips Quarterly Good Will |
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Phillips uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Phillips 66. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Phillips' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Phillips' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Phillips' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-04-30 | 2019-03-31 | 0.34 | 0.4 | 0.06 | 17 | ||
2021-08-03 | 2021-06-30 | 0.6 | 0.74 | 0.14 | 23 | ||
2018-04-27 | 2018-03-31 | 0.89 | 1.04 | 0.15 | 16 | ||
2016-10-28 | 2016-09-30 | 0.88 | 1.05 | 0.17 | 19 | ||
2020-07-31 | 2020-06-30 | -0.93 | -0.74 | 0.19 | 20 | ||
2014-07-30 | 2014-06-30 | 1.7 | 1.51 | -0.19 | 11 | ||
2016-04-29 | 2016-03-31 | 0.87 | 0.67 | -0.2 | 22 | ||
2018-02-02 | 2017-12-31 | 0.86 | 1.07 | 0.21 | 24 |
Know Phillips' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Phillips is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Phillips 66 backward and forwards among themselves. Phillips' institutional investor refers to the entity that pools money to purchase Phillips' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2024-06-30 | 4.5 M | Jpmorgan Chase & Co | 2024-06-30 | 4.2 M | Norges Bank | 2024-06-30 | 4.2 M | Northern Trust Corp | 2024-09-30 | 4.1 M | Legal & General Group Plc | 2024-06-30 | 3.7 M | Ubs Group Ag | 2024-06-30 | 3.7 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 3.7 M | Fmr Inc | 2024-09-30 | 3.2 M | Boston Partners Global Investors, Inc | 2024-09-30 | 3 M | Vanguard Group Inc | 2024-09-30 | 40.7 M | Blackrock Inc | 2024-06-30 | 30.8 M |
Phillips' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 55.04 B.Market Cap |
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Phillips' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.06 | |
| Return On Capital Employed | 0.13 | 0.07 | |
| Return On Assets | 0.09 | 0.05 | |
| Return On Equity | 0.23 | 0.24 |
Determining Phillips' profitability involves analyzing its financial statements and using various financial metrics to determine if Phillips is a good buy. For example, gross profit margin measures Phillips' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Phillips' profitability and make more informed investment decisions.
Phillips' Earnings Breakdown by Geography
Please note, the imprecision that can be found in Phillips' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Phillips 66. Check Phillips' Beneish M Score to see the likelihood of Phillips' management manipulating its earnings.
Evaluate Phillips' management efficiency
Phillips 66 has Return on Asset of 0.0287 % which means that on every $100 spent on assets, it made $0.0287 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1112 %, implying that it generated $0.1112 on every 100 dollars invested. Phillips' management efficiency ratios could be used to measure how well Phillips manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to rise to 0.24 in 2024, whereas Return On Tangible Assets are likely to drop 0.06 in 2024. At this time, Phillips' Non Currrent Assets Other are fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 7.45 in 2024, whereas Total Assets are likely to drop slightly above 59.2 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 70.31 | 38.86 | |
| Tangible Book Value Per Share | 64.82 | 33.39 | |
| Enterprise Value Over EBITDA | 6.14 | 7.21 | |
| Price Book Value Ratio | 1.96 | 1.32 | |
| Enterprise Value Multiple | 6.14 | 7.21 | |
| Price Fair Value | 1.96 | 1.32 |
Leadership at Phillips emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.0345 | Forward Dividend Yield 0.0345 | Forward Dividend Rate 4.6 | Beta 1.319 |
Basic technical analysis of Phillips Stock
As of the 24th of November, Phillips holds the Semi Deviation of 1.68, coefficient of variation of 5865.0, and Risk Adjusted Performance of 0.0183. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Phillips, as well as the relationship between them.Phillips' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Phillips insiders, such as employees or executives, is commonly permitted as long as it does not rely on Phillips' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Phillips insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Lawrence Ziemba over a year ago Sale by Lawrence Ziemba of 101909 shares of Phillips |
Phillips' Outstanding Corporate Bonds
Phillips issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Phillips 66 uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Phillips bonds can be classified according to their maturity, which is the date when Phillips 66 has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| PHILLIPS 66 39 Corp BondUS718546AR56 | View | |
| PHILLIPS 66 465 Corp BondUS718546AK04 | View | |
| PHILLIPS 66 4875 Corp BondUS718546AL86 | View | |
| PHILLIPS 66 5875 Corp BondUS718546AH74 | View | |
| PSX 33 15 MAR 52 Corp BondUS718546BA13 | View | |
| US718546AZ72 Corp BondUS718546AZ72 | View |
Understand Phillips' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Phillips' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0183 | |||
| Market Risk Adjusted Performance | 0.0271 | |||
| Mean Deviation | 1.14 | |||
| Semi Deviation | 1.68 | |||
| Downside Deviation | 1.71 | |||
| Coefficient Of Variation | 5865.0 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.56 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0171 | |||
| Maximum Drawdown | 7.77 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 1.81 | |||
| Downside Variance | 2.94 | |||
| Semi Variance | 2.82 | |||
| Expected Short fall | (1.16) | |||
| Skewness | (0.36) | |||
| Kurtosis | 2.02 |
| Risk Adjusted Performance | 0.0183 | |||
| Market Risk Adjusted Performance | 0.0271 | |||
| Mean Deviation | 1.14 | |||
| Semi Deviation | 1.68 | |||
| Downside Deviation | 1.71 | |||
| Coefficient Of Variation | 5865.0 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.56 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0171 | |||
| Maximum Drawdown | 7.77 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 1.81 | |||
| Downside Variance | 2.94 | |||
| Semi Variance | 2.82 | |||
| Expected Short fall | (1.16) | |||
| Skewness | (0.36) | |||
| Kurtosis | 2.02 |
Consider Phillips' intraday indicators
Phillips intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Phillips stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Phillips Corporate Filings
F4 | 4th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 29th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 10th of September 2024 Prospectus used primarily for registering securities for public sale. | ViewVerify | |
| 9th of September 2024 Other Reports | ViewVerify |
Phillips Stock media impact
Far too much social signal, news, headlines, and media speculation about Phillips that are available to investors today. That information is available publicly through Phillips media outlets and privately through word of mouth or via Phillips internal channels. However, regardless of the origin, that massive amount of Phillips data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Phillips news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Phillips relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Phillips' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Phillips alpha.
Phillips Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Phillips can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Phillips 66 Historical Investor Sentiment
Investor biases related to Phillips' public news can be used to forecast risks associated with an investment in Phillips. The trend in average sentiment can be used to explain how an investor holding Phillips can time the market purely based on public headlines and social activities around Phillips 66. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Phillips' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Phillips and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Phillips news discussions. The higher the estimate score, the more favorable the investor's outlook on Phillips.
Phillips Corporate Directors
| Marna Whittington | Independent Director | Profile | |
| Gary Adams | Independent Director | Profile | |
| John Lowe | Independent Director | Profile | |
| Denise Ramos | Independent Director | Profile |
Additional Tools for Phillips Stock Analysis
When running Phillips' price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.