PLDT Inc. (NYSE:PHI - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $22.79 and traded as high as $23.23. PLDT shares last traded at $22.91, with a volume of 58,701 shares traded.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut PLDT from a "buy" rating to a "hold" rating in a report on Friday, June 6th.
View Our Latest Analysis on PLDT
PLDT Stock Performance
The stock has a 50-day moving average of $22.29 and a 200 day moving average of $22.79. The firm has a market capitalization of $4.95 billion, a P/E ratio of 9.06, a price-to-earnings-growth ratio of 1.04 and a beta of 0.71. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.35 and a current ratio of 0.36.
PLDT (NYSE:PHI - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The technology company reported $0.71 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by ($0.02). PLDT had a net margin of 14.48% and a return on equity of 29.66%. The business had revenue of $991.52 million for the quarter. On average, research analysts anticipate that PLDT Inc. will post 2.76 earnings per share for the current year.
Institutional Investors Weigh In On PLDT
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. increased its holdings in PLDT by 46.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 19,442 shares of the technology company's stock valued at $423,000 after purchasing an additional 6,163 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in PLDT during the 2nd quarter valued at $404,000. Hantz Financial Services Inc. increased its holdings in PLDT by 759.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 3,774 shares of the technology company's stock valued at $82,000 after purchasing an additional 3,335 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in PLDT during the 2nd quarter valued at $275,000. Finally, R Squared Ltd bought a new position in PLDT in the 2nd quarter valued at $315,000. 2.26% of the stock is owned by institutional investors and hedge funds.
PLDT Company Profile
(
Get Free Report)
PLDT Inc provides telecommunications and digital services in the Philippines. The company operates through three segments: Wireless, Fixed Line, and Others. It offers cellular mobile, Internet broadband distribution, operations support, software development, and satellite information and messaging services; and sells Wi-Fi access equipment.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider PLDT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PLDT wasn't on the list.
While PLDT currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access