Phillips 66 (PSX) shares tumble 1.75% on Wednesday: A Good Option for Optimistic Investors

Phillips 66 (PSX) is owned by a number of high-value investors. Its largest direct holder is Greg Garland Chairman of the Board and Chief Executive Officer with 447,276 shares. The second-largest direct holder is Kevin J. Mitchell Executive Vice President, Finance and Chief Financial Officer, with 60,827 shares of the company’s stock. In third place with 55,381 shares of PSX is Victoria J. Tschinkel Independent Director.

Now turning to institutional ownership of Phillips 66 (PSX), VANGUARD GROUP INC is the top holder with 36.45 million shares. The next largest fund holder of this company’s stock is BLACKROCK INC. with 30.44 million shares. In the third-place spot with 21.66 million shares is STATE STREET CORP.

This company’s stock price was $96.17 at the previous market close, with its latest volume reaching 2,199,714. Compare that to its average daily volume of 2.64M. Given the fact that this stock has 464.00M shares outstanding, its current market value is sitting at $44.62B. This publicly-traded stock’s 60-month Beta is 1.09. Its Price to Sales ratio is 0.41, its Price to Cash Flow ratio is 24.53, and its Price to Book ratio is 1.76.

PSX stock has achieved a 5-day range of $94.35 to $99.93, with a total performance of -3.15% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $94.35 to $104.46, generating a -6.01% change during the period. In the past three months, this stock’s price has changed by +16.54%, trading in the range of $80.24 to $104.46.

In the past 5 days, shares of PSX have made a new high 1 time. In the last month, it has made a new high 3 times, and in the past 3 months, it has made a new high 29 times.

Now let’s turn to this public company’s earnings. For the quarter ending Jun-19, the earnings per share (EPS) was reported at $3.02. This is a 0.28 difference compared to the consensus estimate of 2.74, amounting to an earnings surprise of 10.32%. In the previous quarter, which ended in Mar-19, the consensus estimate was 0.35, making for an earnings surprise of 13.86. For the quarter ending Dec-18, EPS was reported at $4.87, generating a 61.90% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $5.59 billion. This is compared to the prior year, where Net Income was $5.11 billion. Meanwhile, this company’s Operating Cash Flow was $7.57 billion for the year, compared to $3.65 billion in 2017. Capital Expenditures for the year were reportedly -$2.64 billion, compared to -$1.83 billion, and Free Cash flow was $4.93 billion compared to the prior year’s $1.82 billion.

Phillips 66 (PSX) stock currently has a Financial Strength score of 5.9/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.16, an Equity to Asset ratio of 0.43, a Debt to Equity ratio of 0.46 and a Debt to EBITDA of 1.29. The Interest Coverage of this stock is 10.13, its Piotroski F-Score is 6, its Altman Z-Score is 3.75 and its Beneish M-Score is -2.56.

This publicly-traded company’s Profitability and Growth score is 4/10, thanks to a combination of things: an Operating Margin of 4.43, a Net Margin of 4.88, a ROE of 22.41, and a ROC of 31.56. Similarly, this company’s 3-Year Total Revenue Growth Rate is 4.00, its 3-Year Total EBITDA Growth Rate is 7.80, and its 3-Year EPS w/o NRI Growth Rate is 15.10.

Shifting focus now to Valuation and Return for PSX, this company’s Price to Tangible Book is 2.13, its Price to Projected FCF is 1.34 and its Price to Median PS Value is 1.04. Price to Peter Lynch Fair Value for PSX is now 1.40, and this organization’s Price to Graham Number is 0.89. Meanwhile, its Earnings Yield (Joel Greenblatt) is 13.61 and its Forward Rate of Return (Yactman) is 8.29.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for PSX is sitting at 0.82, while its Current Ratio is 1.28 and its PEG Ratio is 1.61. This stock’s PB Ratio is 1.76, its PS Ratio is 0.41, its PE Ratio (TTM) is 8.33, its Forward PE Ratio is 11.68, and its PE Ratio without NRI is 8.33. Similarly, itsPrice to Owner Earnings is 16.19, its Price to Free Cash Flow is 16.66 and its Price to Operating Cash Flow is 7.19.