NYSE:PHG

Koninklijke Philips (PHG) Stock Forecast, Price & News

$20.50

+0.02 (+0.10%)

(As of 09/26/2023 ET)

Compare

Today's Range: $20.48
▼
$20.75
50-Day Range: $20.25
▼
$23.09
52-Week Range: $11.75
▼
$23.30

Volume: 754,815 shs
Average Volume: 1.41 million shs
Market Capitalization: $19.04 billion

P/E Ratio: N/A
Dividend Yield: 4.49%
Price Target: $28.20

Koninklijke Philips MarketRank™ Forecast

Analyst Rating: Reduce
1.90 Rating Score
Upside/Downside: 37.6% Upside
$28.20 Price Target
Short Interest: Healthy
0.27% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 40.54%
From $1.11 to $1.56 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Medical Sector

419th out of 964 stocks

X - Ray Apparatus & Tubes Industry

4th out of 6 stocks

3.0

Analyst's Opinion

Consensus Rating
Koninklijke Philips has received a consensus rating of Reduce. The company's average rating score is 1.90, and is based on 2 buy ratings, 5 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.20, Koninklijke Philips has a forecasted upside of 37.6% from its current price of $20.50.
Amount of Analyst Coverage
Koninklijke Philips has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.27% of the outstanding shares of Koninklijke Philips have been sold short.
Short Interest Ratio / Days to Cover
Koninklijke Philips has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Koninklijke Philips has recently increased by 28.50%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Koninklijke Philips is a leading dividend payer. It pays a dividend yield of 4.51%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Koninklijke Philips has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Koninklijke Philips will have a dividend payout ratio of 58.97% next year. This indicates that Koninklijke Philips will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PHG.

1.4

News and Social Media Coverage

News Sentiment
Koninklijke Philips has a news sentiment score of -0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Koninklijke Philips this week, compared to 5 articles on an average week.
Search Interest
Only 3 people have searched for PHG on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
7 people have added Koninklijke Philips to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Koninklijke Philips insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 6.64% of the stock of Koninklijke Philips is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Koninklijke Philips are expected to grow by 40.54% in the coming year, from $1.11 to $1.56 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Koninklijke Philips is -8.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Koninklijke Philips is -8.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Koninklijke Philips has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Koninklijke Philips (NYSE:PHG) Stock

Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. It operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. The company provides diagnostic imaging solutions, includes magnetic resonance imaging, X-ray systems, and computed tomography (CT) systems and software comprising detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; echography solutions focused on diagnosis, treatment planning and guidance for cardiology, general imaging, obstetrics/gynecology, and point-of-care applications; integrated interventional systems, and interventional diagnostic and therapeutic devices to treat coronary artery and peripheral vascular disease; proprietary software to enable diagnostics and intervention; and enterprise diagnostic informatics products and services. It also offers acute patient management solutions; emergency care solutions; sleep and respiratory care solutions; and electronic medical record and care management solutions. In addition, the company provides power toothbrushes, brush heads, and interdental cleaning and teeth whitening products; infant feeding, baby monitors, and digital parental solutions; and grooming and beauty products and solutions. It has strategic partnership agreements with TriHealth, Prisma Health, and the University Health System of San Antonio to help the health system standardize patient monitoring, drive interoperability, and lay the foundation for enterprise-wide platform; and Oulu University Hospital to deliver advanced image-guided therapy solutions. The company was formerly known as Koninklijke Philips Electronics N.V. and changed its name to Koninklijke Philips N.V. in May 2013. Koninklijke Philips N.V. was founded in 1891 and is headquartered in Amsterdam, the Netherlands.

PHG Price History

30 days | 90 days | 365 days | Advanced Chart

PHG Stock News Headlines

September 20, 2023 | seekingalpha.com

Philips: A Healthcare Leader But A Very Risky Investment

September 15, 2023 | finance.yahoo.com

Philips (PHG) Expands Mobile C-arm Portfolio With Zenition 30

September 27, 2023 | Behind the Markets (Ad)

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September 14, 2023 | finance.yahoo.com

Philips Sonicare Partners With Sydney Leroux To Motivate Listeners' Wellness Routines Through Spotify

September 13, 2023 | finance.yahoo.com

Philips extends its mobile C-arm range with Zenition 30, alleviating staff shortages by empowering surgeons with greater personalization and control

September 8, 2023 | msn.com

Philips Respironics agrees to $479 million CPAP settlement

September 8, 2023 | morningstar.com

Koninklijke Philips NV ADR

September 7, 2023 | finance.yahoo.com

Philips reaches settlement agreement over Respironics recall

September 27, 2023 | Behind the Markets (Ad)

New Breakthrough "Living Software" Has Been…

September 7, 2023 | msn.com

Philips to Pay at Least $479 Million For Apnea Machine Cases

September 7, 2023 | benzinga.com

Philips Settles US Economic Loss Claims Over Sleep, Respiratory Device Recall

September 7, 2023 | finance.yahoo.com

Philips reaches resolution of US economic loss litigation

September 7, 2023 | finance.yahoo.com

Philips settles one category of U.S. claims over respirator recall

September 7, 2023 | financialpost.com

Philips to Pay at Least $479 Million in Apnea-Recall Accord

September 4, 2023 | finance.yahoo.com

Here’s Why Koninklijke Philips N.V. (PHG) Rose 24% in Q2

August 30, 2023 | finance.yahoo.com

Philips successfully prices offering of Notes for EUR 500 million to be used for repayment of existing debt, resulting in a debt-neutral effect

August 24, 2023 | finance.yahoo.com

Philips integrates AI in cardiac ultrasound and across cardiac care at ESC 2023

August 18, 2023 | finance.yahoo.com

Why Shares in Philips Soared This Week

August 15, 2023 | finance.yahoo.com

First Solar's Internal Audit Reveals Instances Of Forced Labor, Philips Recalls Faulty Ventilators, Home Depot's Q2 Performance: Today's Top Stories

August 15, 2023 | finance.yahoo.com

Here's Why Royal Philips (PHG) is a Strong Growth Stock

August 15, 2023 | benzinga.com

Philips Recalls Faulty Ventilators, FDA Identifies Dust Issue As 'Most Serious'

August 14, 2023 | bloomberg.com

Agnellis Use a Familiar Playbook in Risky Philips Bet

August 14, 2023 | reuters.com

Exor’s Philips bet looks well-timed

August 14, 2023 | finance.yahoo.com

Agnellis/Philips: Exor scans horizon, shuns opportunity close to home

August 14, 2023 | finance.yahoo.com

US FDA identifies recall of Philips' respiratory devices as most serious

August 14, 2023 | bloomberg.com

Agnellis’ Exor Buys 15% Stake in Philips for Around $2.8 Billion

August 14, 2023 | msn.com

Why Philips Shares Are Surging Today

See More Headlines

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PHG Company Calendar

Last Earnings: 7/23/2023
Today: 9/27/2023
Next Earnings (Confirmed): 10/23/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: X - ray apparatus & tubes
Sub-Industry: N/A
Sector: Medical
Current Symbol: NYSE:PHG
CUSIP: N/A
CIK: 313216
Web: www.philips.com
Phone: (120) 597-7777
Fax: N/A
Employees: 77,233
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $28.20
High Stock Price Forecast: $28.50
Low Stock Price Forecast: $27.90
Forecasted Upside/Downside: +37.6%
Consensus Rating: Reduce
Rating Score (0-4): 1.90
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.34)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 18.47
P/E Growth: N/A
Net Income: $-1,694,190,000.00
Net Margins: -10.84%
Pretax Margin: -11.15%
Return on Equity: 11.92%
Return on Assets: 5.04%

Debt

Debt-to-Equity Ratio: 0.59
Current Ratio: 1.20
Quick Ratio: 0.69

Sales & Book Value

Annual Sales: $18.37 billion
Price / Sales: 1.04
Cash Flow: $4.49 per share
Price / Cash Flow: 4.57
Book Value: $15.74 per share
Price / Book: 1.30

Miscellaneous

Outstanding Shares: 928,650,000
Free Float: N/A
Market Cap: $19.04 billion
Optionable: Optionable
Beta: 0.92

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Key Executives

Mr. Roy Jakobs (Age 49)
Pres, CEO & Chairman of Management
Comp: $1.37M

Dr. Paulus A. Stoffels M.D. (Age 61)
Ph.D., Independent Vice Chairman of Supervisory Board & Sec.
Comp: $189.18k

Mr. Abhijit Bhattacharya (Age 62)
Exec. VP, CFO & Member of the Board of Management
Comp: $1.21M

Mr. Marnix J. van Ginneken (Age 50)
Exec. VP, Chief ESG, Legal Officer & Member of the Board of Management
Comp: $887.21k

Mr. Willem Appelo (Age 58)
Exec. VP & COO

Mr. Leandro Mazzoni
Head of Investor Relations

Ms. Daniela Seabrook (Age 50)
Exec. VP & Chief HR Officer

Mr. Sean Carney
Chief Design Officer

Mr. Andy Ho (Age 62)
Exec. VP & Chief Market Leader of Philips Greater China

Jan Kimpen (Age 65)
Chief Medical Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

PHG Stock - Frequently Asked Questions

Should I buy or sell Koninklijke Philips stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Koninklijke Philips in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" PHG shares.
View PHG analyst ratings or view top-rated stocks.
What is Koninklijke Philips' stock price forecast for 2023?: 10 analysts have issued 1-year price objectives for Koninklijke Philips' shares. Their PHG share price forecasts range from $27.90 to $28.50. On average, they anticipate the company's stock price to reach $28.20 in the next year. This suggests a possible upside of 37.6% from the stock's current price.
View analysts price targets for PHG or view top-rated stocks among Wall Street analysts.
How have PHG shares performed in 2023?: Koninklijke Philips' stock was trading at $14.99 at the beginning of 2023. Since then, PHG stock has increased by 36.8% and is now trading at $20.50.
View the best growth stocks for 2023 here.
Are investors shorting Koninklijke Philips?: Koninklijke Philips saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,480,000 shares, an increase of 28.5% from the August 15th total of 1,930,000 shares. Based on an average daily volume of 979,300 shares, the days-to-cover ratio is currently 2.5 days.
View Koninklijke Philips' Short Interest.
When is Koninklijke Philips' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our PHG earnings forecast.
How were Koninklijke Philips' earnings last quarter?: Koninklijke Philips (NYSE:PHG) posted its quarterly earnings data on Sunday, July, 23rd. The technology company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.08. The technology company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.30 billion. Koninklijke Philips had a positive trailing twelve-month return on equity of 11.92% and a negative net margin of 10.84%. During the same period in the prior year, the company earned $0.15 EPS.
How often does Koninklijke Philips pay dividends? What is the dividend yield for Koninklijke Philips?: Koninklijke Philips announced an annual dividend on Thursday, April 27th. Investors of record on Friday, May 12th will be paid a dividend of $0.9387 per share on Thursday, May 18th. This represents a yield of 3.7%. The ex-dividend date is Thursday, May 11th.
Read our dividend analysis for PHG.
Is Koninklijke Philips a good dividend stock?: Koninklijke Philips (NYSE:PHG) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.51%. PHG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PHG.

What is Vitor Rocha's approval rating as Koninklijke Philips' CEO?: 209 employees have rated Koninklijke Philips Chief Executive Officer Vitor Rocha on Glassdoor.com. Vitor Rocha has an approval rating of 90% among the company's employees.
What other stocks do shareholders of Koninklijke Philips own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Koninklijke Philips investors own include Cisco Systems (CSCO), RTX (RTX), General Electric (GE), NVIDIA (NVDA), Advanced Micro Devices (AMD), Bank of America (BAC), Micron Technology (MU), QUALCOMM (QCOM), Ingles Markets (IMKTA) and AT&T (T).
What is Koninklijke Philips' stock symbol?: Koninklijke Philips trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHG."
Who are Koninklijke Philips' major shareholders?: Koninklijke Philips' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (0.72%), Mondrian Investment Partners LTD (0.33%), Thompson Siegel & Walmsley LLC (0.29%), Dimensional Fund Advisors LP (0.25%), Perpetual Ltd (0.23%) and Becker Capital Management Inc. (0.15%).
View institutional ownership trends.
How do I buy shares of Koninklijke Philips?: Shares of PHG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Koninklijke Philips' stock price today?: One share of PHG stock can currently be purchased for approximately $20.50.
How much money does Koninklijke Philips make?: Koninklijke Philips (NYSE:PHG) has a market capitalization of $19.04 billion and generates $18.37 billion in revenue each year. The technology company earns $-1,694,190,000.00 in net income (profit) each year or ($2.34) on an earnings per share basis.
How many employees does Koninklijke Philips have?: The company employs 77,233 workers across the globe.
How can I contact Koninklijke Philips?: Koninklijke Philips' mailing address is PHILIPS CENTER AMSTELPLEIN 2, AMSTERDAM P7, 1096 BC. The official website for the company is www.philips.com. The technology company can be reached via phone at (120) 597-7777 or via email at investor.relations@philips.com.

This page (NYSE:PHG) was last updated on 9/27/2023 by MarketBeat.com Staff

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Koninklijke Philips (PHG) Stock Forecast, Price & News

Koninklijke Philips MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Koninklijke Philips (NYSE:PHG) Stock

PHG Price History

PHG Stock News Headlines

PHG Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

PHG Stock - Frequently Asked Questions

Overall MarketRank^™