NYSE:PHGKoninklijke Philips Stock Price, Forecast & News

$45.80

+0.05 (+0.11 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$45.25

Now: $45.80▼

$45.85

50-Day Range

$40.42

MA: $42.96▼

$45.46

52-Week Range

$30.50

Now: $45.80▼

$50.78

Volume484,257 shs

Average Volume1.14 million shs

Market Capitalization$40.81 billion

P/E Ratio35.50

Dividend Yield1.75%

Beta1.03

Koninklijke Philips N.V. operates as a health technology company worldwide. It operates through Diagnosis & Treatment, Connected Care & Health Informatics, and Personal Health segments. The company offers mother, child care, and oral healthcare products; male grooming and beauty products; food preparation and home care products; and sleep and respiratory care. It provides diagnostic X-ray, integrated clinical, magnetic resonance imaging, computed tomography, and molecular imaging solutions. The company also offers interventional X-ray systems, and imaging and therapy devices for treatment of coronary artery and peripheral vascular disease; imaging products focus on diagnosis, treatment planning, and guidance for cardiology, general imaging, obstetrics/gynecology, and point-of-care applications; and proprietary software to enable diagnostics and intervention. Further, it provides patient monitoring solutions; patient analytics, precision diagnosis, and clinical decision support systems; therapeutic care products; patient monitoring and therapeutic care consumables; and customer services. Additionally, the company offers healthcare information technology, clinical, and visualization and quantification informatics solutions for radiology, cardiology, and oncology departments; universal data management solutions, picture archiving and communication systems, and integrated electronic medical record systems; clinical and hospital IT platforms; technology-enabled monitoring and intervention, actionable program, cloud-based, and population health management software solutions. It also provides digital frameworks that connect consumers, patients, and healthcare providers in a cloud-based connected health ecosystem of devices, apps, and tools. 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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Koninklijke Philips has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $51.00, Koninklijke Philips has a potential upside of 11.4% from its current price of $45.80.
Amount of Analyst Coverage
Koninklijke Philips has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
Koninklijke Philips has received 327 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Koninklijke Philips has received 435 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Koninklijke Philips has received 57.09% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Koninklijke Philips and other stocks. Vote “Outperform” if you believe PHG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PHG will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Koninklijke Philips is a leading dividend payer. It pays a dividend yield of 1.75%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Koninklijke Philips has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Koninklijke Philips is 35.40 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Koninklijke Philips will have a dividend payout ratio of 33.06 % next year. This indicates that Koninklijke Philips will be able to sustain or increase its dividend.

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 8.59% of the stock of Koninklijke Philips is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Koninklijke Philips are expected to grow by 15.24% in the coming year, from $2.10 to $2.42 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Koninklijke Philips is 35.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Koninklijke Philips is 35.50, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.78.
Price to Earnings Growth Ratio
Koninklijke Philips has a PEG Ratio of 2.23. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Koninklijke Philips has a P/B Ratio of 2.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.01 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electronic, electrical equipment & components, except computer equipment

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:PHG

Previous Symbol

CUSIPN/A

CIK313216

Webwww.philips.com

Phone31-20-597-7777

Debt

Debt-to-Equity Ratio0.39

Current Ratio1.36

Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio35.50

Forward P/E Ratio21.81

P/E Growth2.23

Sales & Book Value

Annual Sales$21.82 billion

Price / Sales1.87

Cash Flow$4.23 per share

Price / Cash Flow10.84

Book Value$15.87 per share

Price / Book2.89

Profitability

EPS (Most Recent Fiscal Year)$2.26

Net Income$1.31 billion

Net Margins5.36%

Return on Equity14.00%

Return on Assets6.44%

Miscellaneous

Employees80,495

Outstanding Shares890,973,000

Market Cap$40.81 billion

Next Earnings Date7/27/2020 (Estimated)

OptionableOptionable

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Koninklijke Philips (NYSE:PHG) Frequently Asked Questions

How has Koninklijke Philips' stock been impacted by COVID-19 (Coronavirus)?

Koninklijke Philips' stock was trading at $37.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PHG shares have increased by 21.9% and is now trading at $45.80. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Koninklijke Philips?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Koninklijke Philips in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Koninklijke Philips.

When is Koninklijke Philips' next earnings date?

Koninklijke Philips is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Koninklijke Philips.

How were Koninklijke Philips' earnings last quarter?

Koninklijke Philips NV (NYSE:PHG) posted its earnings results on Monday, April, 20th. The technology company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.19 by $0.01. The technology company earned $4.16 billion during the quarter, compared to analyst estimates of $4.26 billion. Koninklijke Philips had a net margin of 5.36% and a return on equity of 14.00%. Koninklijke Philips's revenue was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.29 EPS. View Koninklijke Philips' earnings history.

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

Koninklijke Philips announced an annual dividend on Monday, May 18th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.9612 per share on Tuesday, July 7th. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, June 30th. This is an increase from Koninklijke Philips's previous annual dividend of $0.94. View Koninklijke Philips' dividend history.

What price target have analysts set for PHG?

9 Wall Street analysts have issued twelve-month price objectives for Koninklijke Philips' shares. Their forecasts range from $51.00 to $51.00. On average, they anticipate Koninklijke Philips' stock price to reach $51.00 in the next year. This suggests a possible upside of 11.4% from the stock's current price. View analysts' price targets for Koninklijke Philips.

Has Koninklijke Philips been receiving favorable news coverage?

News coverage about PHG stock has trended very negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Koninklijke Philips earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutKoninklijke Philips.

Are investors shorting Koninklijke Philips?

Koninklijke Philips saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 337,600 shares, a decrease of 40.1% from the April 30th total of 563,800 shares. Based on an average trading volume of 1,410,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company's stock are short sold. View Koninklijke Philips' Current Options Chain.

Who are some of Koninklijke Philips' key competitors?

Some companies that are related to Koninklijke Philips include Siemens (SIEGY), General Electric (GE), Emerson Electric (EMR), Legrand (LGRVF), Peloton (PTON) and Sharp (SHCAY). View all competitors.

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), General Electric (GE), Ingles Markets (IMKTA), Bank of America (BAC), Intel (INTC), AT&T (T), Ford Motor (F), NVIDIA (NVDA), Visa (V) and JPMorgan Chase & Co. (JPM).

Who are Koninklijke Philips' key executives?

Koninklijke Philips' management team includes the following people:

Mr. François Adrianus van Houten, Chairman of Management & CEO (Age 59)
Ms. Christine Ann Poon, Vice-Chairwoman of the Supervisory Board & Sec. (Age 67)
Mr. Abhijit Bhattacharya, Exec. VP, CFO & Member of the Board of Management (Age 58)
Mr. Marnix J. van Ginneken, Exec. VP, Chief Legal Officer & Member of the Board of Management (Age 46)
Ms. Sophie Bechu, Exec. VP & Chief of Operations (Age 59)

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (1.14%), Fiduciary Management Inc. WI (0.71%), Morgan Stanley (0.17%), Morgan Stanley (0.17%), TPG Group Holdings SBS Advisors Inc. (0.17%) and Wells Fargo & Company MN (0.14%). View institutional ownership trends for Koninklijke Philips.

Which major investors are selling Koninklijke Philips stock?

PHG stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Wells Fargo & Company MN, TCW Group Inc., Hardman Johnston Global Advisors LLC, Skba Capital Management LLC, Mercer Global Advisors Inc. ADV, Capital Bank & Trust Co, and Raymond James & Associates. View insider buying and selling activity for Koninklijke Philips.

Which major investors are buying Koninklijke Philips stock?

PHG stock was purchased by a variety of institutional investors in the last quarter, including Fiduciary Management Inc. WI, BlackRock Inc., Morgan Stanley, Morgan Stanley, Galibier Capital Management Ltd., Deutsche Bank AG, Alliancebernstein L.P., and US Bancorp DE. View insider buying and selling activity for Koninklijke Philips.

How do I buy shares of Koninklijke Philips?

Shares of PHG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Koninklijke Philips' stock price today?

One share of PHG stock can currently be purchased for approximately $45.80.

How big of a company is Koninklijke Philips?

Koninklijke Philips has a market capitalization of $40.81 billion and generates $21.82 billion in revenue each year. The technology company earns $1.31 billion in net income (profit) each year or $2.26 on an earnings per share basis. Koninklijke Philips employs 80,495 workers across the globe.

What is Koninklijke Philips' official website?

The official website for Koninklijke Philips is www.philips.com.

How can I contact Koninklijke Philips?

Koninklijke Philips' mailing address is PHILIPS CENTER AMSTELPLEIN 2, AMSTERDAM P7, 1096 BC. The technology company can be reached via phone at 31-20-597-7777 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff