Koninklijke Philips (PHG) Stock Price, News & Analysis

Company Overview

Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. The company operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. It also provides diagnostic imaging solutions, includes magnetic resonance imaging, X-ray systems, and computed tomography (CT) systems and software comprising detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; echography solutions focused on diagnosis, treatment planning and guidance for cardiology, general imaging, obstetrics/gynecology, and point-of-care applications; integrated interventional systems, and interventional diagnostic and therapeutic devices to treat coronary artery and peripheral vascular disease. In addition, the company offers acute patient management solutions; emergency care solutions; sleep and respiratory care solutions; and electronic medical record and care management solutions. Further, it provides power toothbrushes, brush heads, and interdental cleaning and teeth whitening products; infant feeding, baby monitors, and digital parental solutions; and grooming and beauty products and solutions. The company has strategic partnership agreements with TriHealth, Northwell, and Atrium Health. 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.

Key Stats

• Today's Range: $31.92 to $32.42
• 50-Day Range: $27.88 to $32.74
• 52-Week Range: $17.75 to $32.91
• Volume: 532,440 shs
• Average Volume: 992,804 shs
• Market Capitalization: $30.47 billion
• P/E Ratio: N/A
• Dividend Yield: 2.81%
• Price Target: N/A
• Consensus Rating: Hold

Koninklijke Philips Stock Analysis - MarketRank™

Koninklijke Philips scored higher than 37% of companies evaluated by MarketBeat, and ranked 766th out of 994 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Koninklijke Philips.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 15.92%

Earnings Growth

Earnings for Koninklijke Philips are expected to grow by 15.92% in the coming year, from $1.57 to $1.82 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Koninklijke Philips is -33.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Koninklijke Philips is -33.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Koninklijke Philips has a PEG Ratio of 1.08. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Koninklijke Philips has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.29% of the outstanding shares of Koninklijke Philips have been sold short.

Short Interest Ratio / Days to Cover

Koninklijke Philips has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Koninklijke Philips has recently increased by 21.05%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Koninklijke Philips pays a meaningful dividend of 2.80%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Koninklijke Philips does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Koninklijke Philips will have a dividend payout ratio of 50.00% next year. This indicates that Koninklijke Philips will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.29% of the outstanding shares of Koninklijke Philips have been sold short.

Short Interest Ratio / Days to Cover

Koninklijke Philips has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Koninklijke Philips has recently increased by 21.05%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.37

News Sentiment

Koninklijke Philips has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Koninklijke Philips this week, compared to 6 articles on an average week.

Search Interest

Only 3 people have searched for PHG on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

MarketBeat Follows

4 people have added Koninklijke Philips to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Koninklijke Philips insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 13.67% of the stock of Koninklijke Philips is held by institutions.

PHG Stock Analysis - Frequently Asked Questions

How have PHG shares performed this year?

Koninklijke Philips' stock was trading at $23.33 on January 1st, 2024. Since then, PHG shares have increased by 39.0% and is now trading at $32.42.
View the best growth stocks for 2024 here.

How were Koninklijke Philips' earnings last quarter?

Koninklijke Philips (NYSE:PHG) released its quarterly earnings results on Monday, July, 29th. The technology company reported $0.32 earnings per share (EPS) for the quarter. The technology company had revenue of $4.80 billion for the quarter. Koninklijke Philips had a positive trailing twelve-month return on equity of 10.15% and a negative net margin of 2.35%.

Who are Koninklijke Philips' major shareholders?

Top institutional investors of Koninklijke Philips include SG Americas Securities LLC and Park Avenue Securities LLC.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Koninklijke Philips own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Koninklijke Philips investors own include Cisco Systems (CSCO), RTX (RTX), General Electric (GE), NVIDIA (NVDA), Advanced Micro Devices (AMD), Bank of America (BAC) and Micron Technology (MU).

Company Calendar

• Last Earnings: 7/29/2024
• Today: 10/06/2024
• Next Earnings (Confirmed): 10/28/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: X - ray apparatus & tubes
• Sub-Industry: N/A
• Current Symbol: NYSE:PHG
• CUSIP: N/A
• CIK: 313216
• Web: www.philips.com
• Phone: (120) 597-7777
• Fax: N/A
• Employees: 69,656
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.96)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 20.65
• P/E Growth: 1.08
• Net Income: $-503,270,000.00
• Net Margins: -2.35%
• Pretax Margin: -2.89%
• Return on Equity: 10.15%
• Return on Assets: 4.13%

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 1.16
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: $18.13 billion
• Price / Sales: 1.68
• Cash Flow: $2.86 per share
• Price / Cash Flow: 11.34
• Book Value: $14.40 per share
• Price / Book: 2.25

Miscellaneous

• Outstanding Shares: 939,939,000
• Free Float: N/A
• Market Cap: $30.47 billion
• Optionable: Optionable
• Beta: 0.74