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Koninklijke Philips - PHG Stock Forecast, Price & News

$18.62
-0.27 (-1.43%)
(As of 08/19/2022 12:10 PM ET)
Add
Compare
Today's Range
$18.62
$18.96
50-Day Range
$18.89
$23.26
52-Week Range
$18.75
$48.72
Volume
57,411 shs
Average Volume
1.94 million shs
Market Capitalization
$16.56 billion
P/E Ratio
4.59
Dividend Yield
3.98%
Price Target
$25.76

Koninklijke Philips MarketRank™ Forecast

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
36.9% Upside
$25.76 Price Target
Short Interest
Healthy
0.36% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of Koninklijke Philips in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
28.00%
From $1.25 to $1.60 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.07 out of 5 stars

Medical Sector

33rd out of 1,119 stocks

X-Ray Apparatus & Tubes Industry

1st out of 2 stocks

PHG stock logo

About Koninklijke Philips (NYSE:PHG) Stock

Koninklijke Philips N.V. operates as a health technology company in North America 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, computed tomography (CT) systems, X-ray systems, and detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; integrated interventional systems; echography solutions focused on diagnosis, treatment planning and guidance for cardiology, general imaging, obstetrics/gynecology, and point-of-care applications; 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 and digital parental solutions; and male grooming and beauty products and solutions. It has a strategic collaboration with Ibex Medical Analytics Ltd. to jointly promote the digital pathology and AI solutions to hospitals, health networks, and pathology laboratories worldwide, as well as a strategic partnership agreement with NICO.LAB. 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.

Koninklijke Philips Stock Performance

Shares of NYSE:PHG traded down $0.23 during midday trading on Friday, reaching $18.66. The company had a trading volume of 51,662 shares, compared to its average volume of 1,943,956. The company's 50 day moving average price is $20.95 and its 200 day moving average price is $26.45. The company has a current ratio of 1.19, a quick ratio of 0.70 and a debt-to-equity ratio of 0.46. The stock has a market cap of $16.59 billion, a P/E ratio of 4.65, a P/E/G ratio of 1.40 and a beta of 0.91. Koninklijke Philips has a 52-week low of $18.75 and a 52-week high of $48.72.

Analyst Ratings Changes

A number of brokerages have commented on PHG. JPMorgan Chase & Co. decreased their price target on shares of Koninklijke Philips from €21.30 ($21.73) to €18.80 ($19.18) and set an "underweight" rating for the company in a research note on Wednesday, July 27th. Societe Generale lowered shares of Koninklijke Philips from a "buy" rating to a "hold" rating in a research note on Monday, July 25th. Barclays decreased their price target on shares of Koninklijke Philips from €45.00 ($45.92) to €39.00 ($39.80) in a research note on Thursday, July 28th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Koninklijke Philips from €25.00 ($25.51) to €24.00 ($24.49) and set a "hold" rating for the company in a research note on Tuesday, July 5th. Finally, UBS Group reduced their target price on shares of Koninklijke Philips from €17.00 ($17.35) to €16.00 ($16.33) and set a "sell" rating for the company in a research note on Tuesday, July 26th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $25.76.

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PHG Stock News Headlines

Koninklijke Philips (NYSE:PHG) Price Target Cut to €18.80
Koninklijke Philips (NYSE:PHG) Sets New 1-Year Low at $19.86
Philips swings to loss and cuts sales guidance
See More Headlines
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PHG Company Calendar

Last Earnings
10/17/2021
Ex-Dividend for 6/8 Dividend
5/12/2022
Dividend Payable
6/08/2022
Today
8/19/2022
Next Earnings (Estimated)
10/17/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
X-ray apparatus & tubes
Sub-Industry
N/A
Sector
Medical
Fax
N/A
Employees
78,189
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.76
High Stock Price Forecast
$39.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+38.3%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Net Income
$3.93 billion
Pretax Margin
1.50%

Debt

Sales & Book Value

Annual Sales
$20.30 billion
Cash Flow
$3.54 per share
Book Value
$17.67 per share

Miscellaneous

Free Float
N/A
Market Cap
$16.56 billion
Optionable
Optionable
Beta
0.91

Key Executives

  • Mr. François Adrianus van Houten (Age 62)
    Chairman of Management & CEO
    Comp: $2.89M
  • Dr. Paulus A. Stoffels M.D. (Age 60)
    Ph.D., Independent Vice Chairman of Supervisory Board & Sec.
    Comp: $145.61k
  • Mr. Abhijit Bhattacharya (Age 61)
    Exec. VP, CFO & Member of the Board of Management
    Comp: $1.51M
  • Mr. Marnix J. van Ginneken (Age 49)
    Exec. VP, Chief Legal Officer & Member of the Board of Management
    Comp: $1.17M
  • Ms. Sophie Bechu (Age 62)
    Exec. VP & Chief of Operations
  • Mr. Leandro Mazzoni
    Head of Investor Relations
  • Ms. Daniela Seabrook (Age 49)
    Exec. VP & Chief HR Officer
  • Mr. Sean Carney
    Chief Design Officer
  • Mr. Roy Jakobs (Age 48)
    Exec. VP & Chief Bus. Leader of Connected Care Bus.
  • Mr. Jeroen Tas (Age 63)
    Exec. Officer













PHG Stock - Frequently Asked Questions

Should I buy or sell Koninklijke Philips stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Koninklijke Philips in the last year. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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.

What is Koninklijke Philips' stock price forecast for 2022?

11 Wall Street analysts have issued 12-month price objectives for Koninklijke Philips' stock. Their PHG share price forecasts range from $16.00 to $39.00. On average, they anticipate the company's stock price to reach $25.76 in the next year. This suggests a possible upside of 36.4% 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 2022?

Koninklijke Philips' stock was trading at $36.85 at the start of the year. Since then, PHG stock has decreased by 48.7% and is now trading at $18.89.
View the best growth stocks for 2022 here
.

Are investors shorting Koninklijke Philips?

Koninklijke Philips saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 3,200,000 shares, an increase of 15.9% from the July 15th total of 2,760,000 shares. Based on an average daily trading volume, of 1,890,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.4% of the shares of the company are short sold.
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 17th 2022.
View our PHG earnings forecast
.

How were Koninklijke Philips' earnings last quarter?

Koninklijke Philips (NYSE:PHG) posted its earnings results on Sunday, October, 17th. The technology company reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by $0.10. The technology company had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4.21 billion. Koninklijke Philips had a net margin of 19.20% and a trailing twelve-month return on equity of 8.77%. The firm's quarterly revenue was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.60 EPS.

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

Koninklijke Philips announced an annual dividend on Tuesday, January 25th. Investors of record on Friday, May 13th will be paid a dividend of $0.9641 per share on Wednesday, June 8th. This represents a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, May 12th.
Read our dividend analysis for PHG
.

Is Koninklijke Philips a good dividend stock?

Koninklijke Philips (NYSE:PHG) pays an annual dividend of $0.78 per share and currently has a dividend yield of 3.98%. PHG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 19.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PHG will have a dividend payout ratio of 48.75% next year. This indicates that the company will be able to sustain or increase its dividend.
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), 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).

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 Price T Rowe Associates Inc. MD (4.42%), FMR LLC (0.68%), Thompson Siegel & Walmsley LLC (0.27%), Pendal Group Ltd (0.22%), Renaissance Technologies LLC (0.15%) and Natixis Advisors L.P. (0.11%).
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 $18.89.

How much money does Koninklijke Philips make?

Koninklijke Philips (NYSE:PHG) has a market capitalization of $16.80 billion and generates $20.30 billion in revenue each year. The technology company earns $3.93 billion in net income (profit) each year or $4.06 on an earnings per share basis.

How many employees does Koninklijke Philips have?

The company employs 78,189 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 8/19/2022 by MarketBeat.com Staff

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