NYSE:PHG - Koninklijke Philips Stock Price, Forecast & News

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

Koninklijke Philips announced an annual dividend on Monday, February 3rd. Investors of record on Wednesday, May 6th will be given a dividend of $0.9356 per share on Thursday, June 4th. This represents a yield of 1.8%. The ex-dividend date is Tuesday, May 5th. View Koninklijke Philips' Dividend History.

Koninklijke Philips NV (NYSE:PHG) announced its quarterly earnings results on Monday, October, 23rd. The technology company reported $0.33 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.37 by $0.04. The technology company earned $4.15 billion during the quarter, compared to analyst estimates of $4.27 billion. Koninklijke Philips had a net margin of 6.00% and a return on equity of 14.90%. Koninklijke Philips's revenue for the quarter was down 29.7% compared to the same quarter last year. During the same period last year, the company earned $0.40 EPS. View Koninklijke Philips' Earnings History.

Koninklijke Philips is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Koninklijke Philips.

7 analysts have issued 1-year price targets for Koninklijke Philips' stock. Their forecasts range from $51.00 to $51.00. On average, they anticipate Koninklijke Philips' stock price to reach $51.00 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets for Koninklijke Philips.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Koninklijke Philips in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Koninklijke Philips.

Media stories about PHG stock have been trending extremely negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Koninklijke Philips earned a media sentiment score of -4.2 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Koninklijke Philips.

Koninklijke Philips saw a increase in short interest in February. As of February 14th, there was short interest totalling 1,950,000 shares, an increase of 15.4% from the January 30th total of 1,690,000 shares. Based on an average daily trading volume, of 458,400 shares, the short-interest ratio is currently 4.3 days. Currently, 0.2% of the shares of the stock are short sold. View Koninklijke Philips' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Koninklijke Philips investors own include Ingles Markets (IMKTA), Caterpillar (CAT), Bank of America (BAC), Ford Motor (F), General Electric (GE), Visa (V), Delhaize Group (DEG), Raytheon (RTN), AT&T (T) and Intel (INTC).

Koninklijke Philips' stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of America Corp DE (0.69%), Capital International Investors (0.24%), Alliancebernstein L.P. (0.12%), Hotchkis & Wiley Capital Management LLC (0.10%), Hardman Johnston Global Advisors LLC (0.06%) and Envestnet Asset Management Inc. (0.05%). View Institutional Ownership Trends for Koninklijke Philips.

PHG stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, TCW Group Inc., SG Americas Securities LLC, Goldman Sachs Group Inc., Envestnet Asset Management Inc., Comerica Bank, State Street Corp and Geode Capital Management LLC. View Insider Buying and Selling for Koninklijke Philips.

PHG stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Bank of America Corp DE, Alliancebernstein L.P., Capital Bank & Trust Co, Galibier Capital Management Ltd., Stifel Financial Corp, Natixis Advisors L.P. and Dorsey Wright & Associates. View Insider Buying and Selling for 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.

One share of PHG stock can currently be purchased for approximately $42.61.

Koninklijke Philips has a market capitalization of $38.45 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 77,400 workers across the globe.View Additional Information About Koninklijke Philips.

The official website for Koninklijke Philips is http://www.philips.com/.

Koninklijke Philips' mailing address is PHILIPS CENTER AMSTELPLEIN 2, AMSTERDAM P7, 1096 BC. The technology company can be reached via phone at 31-20-597-7232 or via email at [email protected]