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NYSE:PHG

Koninklijke Philips (PHG) Stock Price, News & Analysis

$26.31
+0.04 (+0.15%)
(As of 06/7/2024 ET)
Today's Range
$26.25
$26.45
50-Day Range
$19.85
$27.98
52-Week Range
$17.75
$29.44
Volume
805,780 shs
Average Volume
851,178 shs
Market Capitalization
$23.85 billion
P/E Ratio
N/A
Dividend Yield
3.50%
Price Target
N/A

Koninklijke Philips MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.38% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.11mentions of Koninklijke Philips in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.18%
From $1.54 to $1.82 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.26 out of 5 stars

Medical Sector

304th out of 905 stocks

X-Ray Apparatus & Tubes Industry

3rd out of 5 stocks

PHG stock logo

About Koninklijke Philips Stock (NYSE:PHG)

Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. The company operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. It also 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. In addition, the company offers acute patient management solutions; emergency care solutions; sleep and respiratory care solutions; and electronic medical record and care management solutions. Further, it 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. The company has strategic partnership agreements with TriHealth, Northwell, and Atrium Health. 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 Stock Price History

PHG Stock News Headlines

Philips' Gets FDA Recall for Trilogy Ventilator Glitch
Philips announces exchange ratio for 2023 dividend
Koninklijke Philips: Major Overhang Removed
Philips CPAP Settlement: What to Know
See More Headlines

Company Calendar

Last Earnings
4/29/2024
Ex-Dividend for 5/9 Dividend
5/09/2024
Dividend Payable
5/09/2024
Today
6/07/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
X - ray apparatus & tubes
Sub-Industry
N/A
Fax
N/A
Employees
69,656
Year Founded
N/A

Profitability

Net Income
$-503,270,000.00
Pretax Margin
-2.89%

Debt

Sales & Book Value

Annual Sales
$19.66 billion
Cash Flow
$2.87 per share
Book Value
$14.40 per share

Miscellaneous

Free Float
N/A
Market Cap
$23.85 billion
Optionable
Optionable
Beta
0.76

Key Executives

  • Mr. Roy Jakobs (Age 50)
    President, CEO & Chairman of the Board of Management
    Comp: $3.87M
  • Dr. Paulus A. Stoffels M.D. (Age 62)
    Ph.D., Independent Vice Chairman of Supervisory Board & Secretary
    Comp: $184.44k
  • Mr. Abhijit Bhattacharya (Age 63)
    Executive VP, CFO & Member of the Board of Management
    Comp: $2.37M
  • Mr. Marnix J. van Ginneken (Age 51)
    Executive VP, Chief ESG, Legal Officer & Member of the Board of Management
    Comp: $1.81M
  • Mr. Willem Appelo (Age 60)
    Executive VP & COO
  • Mr. Leandro Mazzoni
    Head of Investor Relations
  • Heidi Sichien (Age 50)
    Executive VP & Chief People Officer
  • Mr. Andy Ho (Age 63)
    Executive VP & Chief Market Leader of Philips Greater China
  • Jan Kimpen (Age 66)
    Chief Medical Officer
  • Mr. Pim Preesman
    Country Leader/ Health Systems Leader Indonesia

Should I Buy Koninklijke Philips Stock? PHG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Koninklijke Philips:

  • Koninklijke Philips has shown consistent growth in revenue and earnings, indicating a strong financial performance.
  • The company has a positive return on equity, showcasing its ability to generate profit from shareholders' investments.
  • Recent acquisitions and partnerships have expanded Koninklijke Philips' market presence and product offerings, potentially leading to increased market share.
  • With a diverse product portfolio in healthcare technology, Koninklijke Philips is well-positioned to benefit from the growing demand for innovative healthcare solutions.
  • Despite short-term fluctuations, Koninklijke Philips' stock price has shown resilience and potential for long-term growth.

Cons

Investors should be bearish about investing in Koninklijke Philips for these reasons:

  • The company operates in a competitive market with other major players, which could impact its market share and pricing power.
  • Fluctuations in global economic conditions and healthcare policies may affect Koninklijke Philips' revenue and profitability.
  • Technological advancements and rapid changes in the healthcare industry could pose challenges for Koninklijke Philips to stay ahead of the competition.
  • Debt-to-equity ratio of Koninklijke Philips is relatively high, which may indicate higher financial risk and interest payment obligations.
  • Investors should carefully monitor the company's ability to innovate and adapt to changing market dynamics to ensure sustained growth and competitiveness.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 1, 2024. Please send any questions or comments about these Koninklijke Philips pros and cons to contact@marketbeat.com.

PHG Stock Analysis - Frequently Asked Questions

Should I buy or sell Koninklijke Philips stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Koninklijke Philips in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PHG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PHG, but not buy additional shares or sell existing shares.
View PHG analyst ratings
or view top-rated stocks.

How have PHG shares performed in 2024?

Koninklijke Philips' stock was trading at $23.33 at the beginning of the year. Since then, PHG shares have increased by 12.8% and is now trading at $26.31.
View the best growth stocks for 2024 here
.

Are investors shorting Koninklijke Philips?

Koninklijke Philips saw a drop in short interest in May. As of May 15th, there was short interest totaling 3,460,000 shares, a drop of 20.5% from the April 30th total of 4,350,000 shares. Based on an average daily volume of 1,230,000 shares, the days-to-cover ratio is presently 2.8 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, July 22nd 2024.
View our PHG earnings forecast
.

How were Koninklijke Philips' earnings last quarter?

Koninklijke Philips (NYSE:PHG) posted its earnings results on Monday, April, 29th. The technology company reported $0.28 EPS for the quarter. The technology company had revenue of $4.49 billion for the quarter. Koninklijke Philips had a positive trailing twelve-month return on equity of 9.82% and a negative net margin of 4.41%.

How often does Koninklijke Philips pay dividends? What is the dividend yield for Koninklijke Philips?

Koninklijke Philips announced an annual dividend on Wednesday, May 8th. Investors of record on Friday, May 10th will be given a dividend of $0.9154 per share on Thursday, May 9th. This represents a dividend yield of 3.5%. The ex-dividend date is Thursday, May 9th.
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 3.48%.
Read our dividend analysis for PHG.

What ETFs hold Koninklijke Philips' stock?

ETFs with the largest weight of Koninklijke Philips (NYSE:PHG) stock in their portfolio include Brandes International ETF (BINV).Brandes U.S. Small-Mid Cap Value ETF (BSMC).

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).

Who are Koninklijke Philips' major shareholders?

Koninklijke Philips' stock is owned by many different retail and institutional investors. Top institutional investors include Mondrian Investment Partners LTD (1.03%), Perpetual Ltd (0.16%), Russell Investments Group Ltd. (0.15%), Jane Street Group LLC (0.07%), London & Capital Asset Management Ltd (0.06%) and Raymond James & Associates (0.05%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PHG) was last updated on 6/8/2024 by MarketBeat.com Staff

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