Koninklijke Philips N.V. ADR [NYSE: PHG] gained 26.77% or 5.64 points to close at $26.71 with a heavy trading volume of 12339915 shares.
The daily chart for PHG points out that the company has recorded 46.60% gains over the past six months.
If we look at the average trading volume of 1.05M shares, PHG reached to a volume of 12339915 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Koninklijke Philips N.V. ADR [PHG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PHG shares is $22.31 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 3.31. 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.
Exane BNP Paribas have made an estimate for Koninklijke Philips N.V. ADR shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on February 07, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on July 12, 2023, representing the official price target for Koninklijke Philips N.V. ADR stock.
The Average True Range (ATR) for Koninklijke Philips N.V. ADR is set at 0.94, with the Price to Sales ratio for PHG stock in the period of the last 12 months amounting to 1.23. The Price to Book ratio for the last quarter was 1.82, with the Price to Cash per share for the same quarter was set at 2.28. Price to Free Cash Flow for PHG in the course of the last twelve months was 12.49 with Quick ratio for the last quarter at 0.78.
Trading performance analysis for PHG stock
Koninklijke Philips N.V. ADR [PHG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 29.60. With this latest performance, PHG shares gained by 33.55% in over the last four-week period, additionally plugging by 46.60% over the last 6 months – not to mention a rise of 31.74% 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 84.64, with the RSI for the last a single of trading hit 89.99, and the three-weeks RSI is set at 79.49 for Koninklijke Philips N.V. ADR [PHG]. The present Moving Average for the last 50 days of trading for this stock 20.57, while it was recorded at 22.10 for the last single week of trading, and 20.99 for the last 200 days.
Koninklijke Philips N.V. ADR [PHG]: A deeper dive into fundamental analysis
Koninklijke Philips N.V. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.78 and a Current Ratio set at 1.20.
Koninklijke Philips N.V. ADR [PHG]: An earnings per share (EPS) analysis
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. ADR go to 15.56%.
An analysis of Institutional ownership at Koninklijke Philips N.V. ADR [PHG]
The top three institutional holders of PHG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in PHG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in PHG stock with ownership which is approximately 5.8386%.
