Phillips 66 (PSX): Consensus Estimates and Trading Data

In the past 52-week period, shares of Phillips 66 (NYSE:PSX) have moved within the range of $75.14 to $99.35. On the stock’s most recent trading day, the company’s shares ended the regular session at $98.27, which is 1.09% lower than its 52-week high.

Phillips 66 (PSX) has demonstrated a 20-day simple moving average (SMA) of 4.37%, and a 50-day SMA of 5.72%. This public company’s current market capitalization stands at $50.40 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Measuring Wall Street analysts’ average enthusiasm for a specific stock is critical when considering a potential investment. According to the latest data, the consensus recommendation for Phillips 66 (PSX) is Hold.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Phillips 66 (PSX) delivered a 5.96% surprise with its net revenue. Sales reached $26.21 billion during the three-month period, compared to the average analyst estimate of $27.87 billion.

Meanwhile, during the same quarter Phillips 66 (PSX) delivered a 5.81% earnings surprise. Net earnings for the quarter were posted at $1.66 per share, whereas Wall Street had forecast $1.57 per share.

Ownership at Phillips 66 (PSX), According to Most Recent SEC Filings

We can gain important insight by taking a look at institutional ownership, as detailed in public companies’ latest 13F filings. Phillips 66 (PSX) has 0 billion shares outstanding currently, 71.46% of which belong to institutional investors. Those institutional holdings amount to $35.65 billion.

Additionally, according to the most recent 13F filing from Phillips 66 (PSX), there were 84 new positions totaling 2,208,814 shares of the company’s stock. There were 48 sold out positions, on the other hand, totaling 662,716 shares.

Short, Medium and Long Term Indicators

Analyzing the average trade volume of a publicly-traded company’s stock – in the short, medium and long terms – is helpful for gaining insight into trading activity and general investor sentiment. Phillips 66 (PSX) has had a 20-day average volume of 1,708,530 shares, with an average of 100% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 1,861,862 shares, with an average of 100% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,960,880 shares with 100% of long-term indicators pointing to Buy.