With 0.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.06 million shares. The 52-week range on PHG shows that it touched its highest point at $32.91 and its lowest point at $21.48 during that stretch. It currently has a 1-year price target of $28.73. With its current market cap of 22.46 billion, PHG has annualized dividend of $0.89 while the current yield stands at 3.65%. Beta for the stock currently stands at 0.77.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PHG was up-trending over the past week, with a rise of 0.87%, but this was up by 1.89% over a month. Three-month performance dropped to -15.13% while six-month performance fell -8.24%. The stock lost -9.94% in the past year, while it has lost -4.11% so far this year. A look at the trailing 12-month EPS for PHG yields -0.82 with Next year EPS estimates of 1.72. For the next quarter, that number is 0.32. This implies an EPS growth rate of 7.23% for this year and 10.66% for next year.
Float and Shares Shorts:
At present, 925.08 million PHG shares are outstanding with a float of 924.06 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PHG since 8 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.48466 being high and $1.31527 being low. For PHG, this leads to a yearly average estimate of $1.42488.
