Koninklijke Philips N.V. ADR (NYSE:PHG) traded at $27.27 at last check on Monday, April 29, made an upward move of 29.45% on its previous day’s price.
Looking at the stock we see that its previous close was $21.07. In terms of its 52-week price range, PHG has a high of $24.27 and a low of $17.75. The company’s stock has gained about 36.37% over that past 30 days.
Koninklijke Philips N.V. ADR has a market cap of $24.72 billion. Estimates by analysts give the company expected earnings per share (EPS) of $0.28, with the EPS growth for the year raised at $1.44 for 2024 and $1.69 for next year. These figures represent 8.30% and 17.40% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $4.46 billion, with a low of $4.46 billion and a high of $4.46 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $20.12 billion, or 3.80% up from figures reported last year.
On the other hand, looking at the outlook for the PHG stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is 33.69% off its SMA20 and 33.44% from its 50-day simple moving average. The RSI (14) is pointing at 85.56 while the volatility over the past week is 1.33% and jumps to 1.40% over the past one month. The beta value is 0.85, while the average true range (ATR) is currently pointing at 0.94.
Coming back to Koninklijke Philips N.V. ADR (NYSE:PHG), we note that the average 3-month trading volume was 1.05 million. Current shares outstanding are 906.40 million.
The insiders hold 0.00% of the company’s shares while institutions hold 7.60%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 16.91% up in year-to-date price movement.
