Phillips 66 (NYSE: PSX). Extremely significant negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
PSX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Phillips 66 has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Phillips 66 has a good Appreciation Score of 76 but a neutral Power Rating of 46, resulting in the High Neutral Value Trend Rating.
Recent Price Action
Phillips 66 (NYSE: PSX) stock increased 1.7% on 8/23/24. The shares closed at $135.37. However, below average trading volume at 80% of normal accompanied the advance. The stock has declined -2.4% during the last week and has performed in line with the market over the last nine months.
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