Koninklijke Philips Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Koninklijke Philips in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Koninklijke Philips stock. 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 analyst ratings for Koninklijke Philips or view top-rated stocks.

Wall Street analysts have given Koninklijke Philips a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Koninklijke Philips wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Koninklijke Philips saw a drop in short interest in July. As of July 15th, there was short interest totaling 1,050,000 shares, a drop of 25.0% from the June 30th total of 1,400,000 shares. Based on an average trading volume of 880,300 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.1% of the company's stock are short sold.
View Koninklijke Philips' Short Interest.

Koninklijke Philips is scheduled to release its next quarterly earnings announcement on Monday, October 18th 2021.
View our earnings forecast for Koninklijke Philips.

Koninklijke Philips (NYSE:PHG) announced its quarterly earnings results on Monday, April, 20th. The technology company reported $0.20 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.01. The technology company earned $4.16 billion during the quarter, compared to the consensus estimate of $4.26 billion. Koninklijke Philips had a trailing twelve-month return on equity of 18.12% and a net margin of 6.20%. The business's revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period last year, the business posted $0.29 EPS.
View Koninklijke Philips' earnings history.

Koninklijke Philips' stock was trading at $37.56 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PHG shares have increased by 22.6% and is now trading at $46.04.
View which stocks have been most impacted by COVID-19.

Koninklijke Philips announced an annual dividend on Wednesday, January 27th. Stockholders of record on Tuesday, May 11th will be given a dividend of $1.0331 per share on Wednesday, June 9th. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, May 10th. This is a boost from Koninklijke Philips's previous annual dividend of $0.96.
View Koninklijke Philips' dividend history.

Koninklijke Philips pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.92%. Koninklijke Philips does not yet have a strong track record of dividend growth. The dividend payout ratio of Koninklijke Philips is 38.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Koninklijke Philips will have a dividend payout ratio of 36.67% next year. This indicates that Koninklijke Philips will be able to sustain or increase its dividend.
View Koninklijke Philips' dividend history.

209 employees have rated Koninklijke Philips CEO Vitor Rocha on Glassdoor.com. Vitor Rocha has an approval rating of 90% among Koninklijke Philips' employees.

Some companies that are related to Koninklijke Philips include Bristol-Myers Squibb (BMY), AstraZeneca (AZN), Moderna (MRNA), Amgen (AMGN), Sanofi (SNY), Intuitive Surgical (ISRG), AstraZeneca (AZN), GlaxoSmithKline (GSK), Stryker (SYK), CSL (CSLLY), Zoetis (ZTS), Anthem (ANTM), Gilead Sciences (GILD), EssilorLuxottica Société anonyme (ESLOY) and HCA Healthcare (HCA).
View all of PHG's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Koninklijke Philips investors own include Cisco Systems (CSCO), Raytheon Technologies (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).

Koninklijke Philips trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHG."

Koninklijke Philips' stock is owned by a number of retail and institutional investors. Top institutional investors include Manning & Napier Group LLC (0.01%), Avalon Investment & Advisory (0.01%), Gofen & Glossberg LLC IL (0.00%), SOL Capital Management CO (0.00%), Harel Insurance Investments & Financial Services Ltd. (0.00%) and Raymond James Trust N.A. (0.00%).
View institutional ownership trends for Koninklijke Philips.

PHG stock was sold by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., Fulton Bank N.A., SOL Capital Management CO, Gofen & Glossberg LLC IL, and Raymond James Trust N.A..
View insider buying and selling activity for Koninklijke Philips or view top insider-selling stocks.

PHG stock was bought by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, DAVENPORT & Co LLC, Avalon Investment & Advisory, Gradient Investments LLC, Whittier Trust Co. of Nevada Inc., and Clean Yield Group.
View insider buying and selling activity for Koninklijke Philips or or view top insider-buying stocks.

Shares of PHG 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.

One share of PHG stock can currently be purchased for approximately $46.04.

Koninklijke Philips has a market capitalization of $41.68 billion and generates $22.31 billion in revenue each year. The technology company earns $1.36 billion in net income (profit) each year or $2.26 on an earnings per share basis.

Koninklijke Philips employs 81,592 workers across the globe.

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

Koninklijke Philips is headquartered at PHILIPS CENTER AMSTELPLEIN 2, AMSTERDAM P7, 1096 BC.

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]