Koninklijke Philips N.V. [PHG] Stock trading around $14.02 per share: What’s Next?

Koninklijke Philips N.V. [NYSE: PHG] closed the trading session at $14.02 on 12/21/22. The day’s price range saw the stock hit a low of $13.75, while the highest price level was $14.04. The company report on December 21, 2022 that Philips provides update on completed set of test results for first-generation DreamStation sleep therapy devices.

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December 21, 2022.

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA) today provides an update on the comprehensive test and research program of its subsidiary Philips Respironics, following the voluntary recall notification/field safety notice* to address potential health risks related to the polyester-based polyurethane (PE-PUR) sound abatement foam in specific CPAP, BiPAP and mechanical ventilator devices.

The stocks have a year to date performance of -61.95 percent and weekly performance of -4.04 percent. The stock has been moved at -32.04 percent over the last six months. The stock has performed -0.28 percent around the most recent 30 days and changed -15.34 percent over the most recent 3-months.

If compared to the average trading volume of 3.18M shares, PHG reached to a volume of 3154595 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Koninklijke Philips N.V. [PHG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PHG shares is $28.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PHG stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Koninklijke Philips N.V. shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on October 18, 2022. The new note on the price target was released on October 14, 2022, representing the official price target for Koninklijke Philips N.V. stock.

The Average True Range (ATR) for Koninklijke Philips N.V. is set at 0.45, with the Price to Sales ratio for PHG stock in the period of the last 12 months amounting to 0.71. The Price to Book ratio for the last quarter was 0.81. Price to Free Cash Flow for PHG in the course of the last twelve months was 4.17.

PHG stock trade performance evaluation

Koninklijke Philips N.V. [PHG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.04. With this latest performance, PHG shares dropped by -0.28% in over the last four-week period, additionally sinking by -32.04% over the last 6 months – not to mention a drop of -59.72% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PHG stock in for the last two-week period is set at 48.87, with the RSI for the last a single of trading hit 49.47, and the three-weeks RSI is set at 48.19 for Koninklijke Philips N.V. [PHG]. The present Moving Average for the last 50 days of trading for this stock 13.79, while it was recorded at 13.63 for the last single week of trading, and 20.63 for the last 200 days.

Koninklijke Philips N.V. [PHG]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Koninklijke Philips N.V. [PHG] shares currently have an operating margin of +4.65 and a Gross Margin at +38.44. Koninklijke Philips N.V.’s Net Margin is presently recorded at +3.54.

Return on Total Capital for PHG is now 3.96, given the latest momentum, and Return on Invested Capital for the company is 3.16. Return on Equity for this stock inclined to 4.62, with Return on Assets sitting at 2.06. When it comes to the capital structure of this company, Koninklijke Philips N.V. [PHG] has a Total Debt to Total Equity ratio set at 48.34. Additionally, PHG Total Debt to Total Capital is recorded at 32.59, with Total Debt to Total Assets ending up at 22.39. Long-Term Debt to Equity for the company is recorded at 44.83, with the Long-Term Debt to Total Capital now at 30.22.

Reflecting on the efficiency of the workforce at the company, Koninklijke Philips N.V. [PHG] managed to generate an average of $7,776 per employee. Receivables Turnover for the company is 3.88 with a Total Asset Turnover recorded at a value of 0.58.

Earnings per share (EPS) analysis for Koninklijke Philips N.V. [PHG] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PHG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Koninklijke Philips N.V. go to 11.10%.

Koninklijke Philips N.V. [PHG]: Insider Ownership positions

Positions in Koninklijke Philips N.V. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 137 institutional holders increased their position in Koninklijke Philips N.V. [NYSE:PHG] by around 11,172,654 shares. Additionally, 135 investors decreased positions by around 46,080,889 shares, while 57 investors held positions by with 34,517,241 shares. The mentioned changes placed institutional holdings at 91,770,784 shares, according to the latest SEC report filing. PHG stock had 39 new institutional investments in for a total of 2,334,849 shares, while 54 institutional investors sold positions of 730,862 shares during the same period.

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