Phillips 66 (NYSE: PSX) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted Phillips 66 (NYSE: PSX): its shorter term price trend turned down.
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 (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Phillips 66 has a good Appreciation Score of 78 but a very low Power Rating of 14, with the Low Neutral Value Trend Rating the result.
Recent Price Action
On 10/24/24, Phillips 66 (NYSE: PSX) stock declined slightly by -0.5%, closing at $128.49. NORMAL trading volume accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -2.9% during the last week.
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