Koninklijke Philips Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Koninklijke Philips in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Koninklijke Philips stock.
View analyst ratings for Koninklijke Philips or view top-rated stocks.

Wall Street analysts have given Koninklijke Philips a "Buy" 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.
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Koninklijke Philips saw a increase in short interest during the month of August. As of August 13th, there was short interest totaling 1,190,000 shares, an increase of 103.0% from the July 29th total of 586,300 shares. Based on an average trading volume of 1,030,000 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the company's shares 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) issued its earnings results on Monday, July, 26th. The technology company reported $0.17 earnings per share for the quarter. The technology company earned $4.45 billion during the quarter. Koninklijke Philips had a trailing twelve-month return on equity of 15.15% and a net margin of 5.48%.
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. Since then, PHG shares have increased by 24.8% and is now trading at $46.89.
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Koninklijke Philips announced an annual dividend on Wednesday, January 27th. Investors of record on Tuesday, May 11th will be paid a dividend of $1.0331 per share on Wednesday, June 9th. This represents a yield of 1.6%. The ex-dividend date is Monday, May 10th. This is a positive change 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 1.88%. 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 35.77% 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 Hologic (HOLX), Butterfly Network (BFLY), Nano-X Imaging (NNOX), HealthCor Catalio Acquisition (HCAQ) and Check-Cap (CHEK).
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 variety of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (2.23%), Bank of America Corp DE (0.85%), Bank of America Corp DE (0.85%), BlackRock Inc. (0.66%), Alliancebernstein L.P. (0.28%) and Capital International Investors (0.23%).
View institutional ownership trends for Koninklijke Philips.

PHG stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, BlackRock Inc., Wells Fargo & Company MN, Northern Trust Corp, Tocqueville Asset Management L.P., US Bancorp DE, Goldman Sachs Group Inc., and Edge Capital Group LLC.
View insider buying and selling activity for Koninklijke Philips or view top insider-selling stocks.

PHG stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., Renaissance Technologies LLC, Capital International Investors, Morgan Stanley, Morgan Stanley, Alliancebernstein L.P., FMR LLC, and Bank of America Corp DE.
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.
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One share of PHG stock can currently be purchased for approximately $46.89.

Koninklijke Philips has a market capitalization of $42.45 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 (120) 597-7777 or via email at [email protected]