Koninklijke Philips N.V. (NYSE:PHG) registered a -0.50% decrease, still its new closing price is 30.69% up from the company’s 1 year high of 30.79.It posted -1.00% losses in previous 5 sessions and is now the subject of 0 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 1 stock analysts following this company have an average price target at $35.77, with individual PT in the $35.77-$35.77 range. The shares moved at $29.63, implying that brokerage firms see shares gaining about 17.30% in twelve months time.
Koninklijke Philips N.V. (PHG) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -3.07% fall year to date. A – at Koninklijke Philips N.V. (PHG) offloaded shares in a transaction closed on Monday July 23, 2007. – sold 1,500 shares in the company at $31.65 each and collected $47,000 in proceeds. – now owns 0 shares in the company after this transaction. A – in the company, -, disclosed a transaction on Wednesday April 18, 2007 that ended up generating $43,001 from the sale of 1,447 shares at $30.37 per share.
Koninklijke Philips N.V. (NYSE:PHG) Upcoming Results on Tap
Koninklijke Philips N.V. will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $-1.00 in that period. Sales during the quarter are predicted to arrive at $27.42 billion.
Earnings surprise history: Last quarter, the company posted approximately $7.25 billion in revenue and EPS of $0.35. The mean forecast was for $7.57 billion and $0.49 a share, respectively. One quarter earlier, revenue for the stock was at $6.94 billion, with earnings at $0.24/share.
Koninklijke Philips N.V. (PHG) Brokerage Update
Koninklijke Philips N.V. (PHG) is in Morgan Stanley’s research list so their analyst rating change is noteworthy. These shares were downgraded to Equal-Weight from Overweight by Morgan Stanley, according to news reported on Monday December 12, 2016.Another important research note was issued by Exane BNP Paribas on Wednesday May 11, 2016.The firm upgraded PHG to Outperform from Neutral. Over the last six months and over the last three months, the shares of Koninklijke Philips N.V. (PHG), have changed 11.56% and -1.40%, respectively.