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S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
New AI Stock Payouts (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
New AI Stock Payouts (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
New AI Stock Payouts (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?

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


PHG stock logo

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

PHG Stock News Headlines

Philips: A Healthcare Leader But A Very Risky Investment
New Breakthrough "Living Software" Has Been…
New Breakthrough "Living Software" Has Been... Ukraine's "Secret Weapon" Against Russia The Washington Post Reports: "It's a big reason David is beating Goliath..." The Wall Street Journal Reports: "it's a technical revolution." Jeff Bezos Said: "It's in the realm of science fiction." Early investors can reap 5,633% gains on the small company revolutionizing warfare >>>
Koninklijke Philips NV ADR
New Breakthrough "Living Software" Has Been…
New Breakthrough "Living Software" Has Been... Ukraine's "Secret Weapon" Against Russia The Washington Post Reports: "It's a big reason David is beating Goliath..." The Wall Street Journal Reports: "it's a technical revolution." Jeff Bezos Said: "It's in the realm of science fiction." Early investors can reap 5,633% gains on the small company revolutionizing warfare >>>
Philips reaches resolution of US economic loss litigation
Here’s Why Koninklijke Philips N.V. (PHG) Rose 24% in Q2
Why Shares in Philips Soared This Week
Here's Why Royal Philips (PHG) is a Strong Growth Stock
Exor’s Philips bet looks well-timed
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

Industry, Sector and Symbol

Industry
X - ray apparatus & tubes
Sub-Industry
N/A
Sector
Medical
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

Net Income
$-1,694,190,000.00
Pretax Margin
-11.15%

Debt

Sales & Book Value

Annual Sales
$18.37 billion
Cash Flow
$4.49 per share
Book Value
$15.74 per share

Miscellaneous

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













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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