Phillips 66 Stock Buy Hold or Sell Recommendation
| PSX Stock | USD 157.79 1.05 0.66% |
Considering the 90-day investment horizon and your way above-average risk tolerance, our recommendation regarding Phillips 66 is 'Strong Buy'. Macroaxis provides Phillips buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Phillips positions. The advice algorithm takes into account all of Phillips' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Phillips' buy or sell advice are summarized below:
Real Value 156.75 | Target Price 128.92 | Hype Value 157.09 | Market Value 157.79 | Naive Value 153.48 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Phillips 66 given historical horizon and risk tolerance towards Phillips. When Macroaxis issues a 'buy' or 'sell' recommendation for Phillips 66, the advice is generated through an automated system that utilizes algorithms and statistical models.
Phillips |
Execute Phillips Buy or Sell Advice
The Phillips recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Phillips 66. Macroaxis does not own or have any residual interests in Phillips 66 or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Phillips' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Phillips Trading Alerts and Improvement Suggestions
| Phillips 66 has a strong financial position based on the latest SEC filings | |
| Over 79.0% of the company shares are owned by institutional investors | |
| On 1st of March 2024 Phillips paid $ 1.05 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: First of its Kind Partnership Delivers a Waste Heat to Power Project That Will Reduce the University of Daytons Carbon Footprint by More Than 70 |
Phillips Returns Distribution Density
The distribution of Phillips' historical returns is an attempt to chart the uncertainty of Phillips' future price movements. The chart of the probability distribution of Phillips daily returns describes the distribution of returns around its average expected value. We use Phillips 66 price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Phillips returns is essential to provide solid investment advice for Phillips.
| Mean Return | 0.34 | Value At Risk | -1.88 | Potential Upside | 2.76 | Standard Deviation | 1.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Phillips historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Phillips Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Phillips is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Phillips 66 backward and forwards among themselves. Phillips' institutional investor refers to the entity that pools money to purchase Phillips' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2023-12-31 | 5.4 M | Bank Of America Corp | 2023-12-31 | 5.2 M | Fmr Inc | 2023-12-31 | 5.1 M | Goldman Sachs Group Inc | 2023-12-31 | 4.7 M | Northern Trust Corp | 2023-12-31 | 4.6 M | Norges Bank | 2023-12-31 | 4.2 M | Legal & General Group Plc | 2023-12-31 | 3.9 M | Boston Partners Global Investors, Inc | 2023-12-31 | 3.9 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 3.7 M | Vanguard Group Inc | 2023-12-31 | 39.7 M | Blackrock Inc | 2023-12-31 | 35 M |
Phillips Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (204M) | (71M) | 511M | 74M | (245M) | (232.8M) | |
| Change In Cash | (1.4B) | 900M | 633M | 3.0B | (2.8B) | (2.7B) | |
| Free Cash Flow | 935M | (809M) | 4.2B | 8.6B | 4.6B | 2.5B | |
| Depreciation | 1.3B | 1.4B | 1.6B | 1.6B | 2.0B | 1.4B | |
| Other Non Cash Items | 39M | 152M | (27M) | (3.6B) | 3.0B | 3.1B | |
| Capital Expenditures | 3.9B | 2.9B | 1.9B | 2.2B | 2.4B | 2.8B | |
| Net Income | 3.4B | (3.7B) | 1.6B | 11.4B | 7.0B | 4.0B | |
| Dividends Paid | 1.6B | 1.6B | 1.6B | 1.8B | 1.9B | 1.4B | |
| Change Receivables | (2.3B) | 2.0B | (922M) | (2.1B) | (1.9B) | (1.8B) | |
| Net Borrowings | 1.8B | 4.1B | (1.5B) | (2.4B) | (2.2B) | (2.1B) | |
| End Period Cash Flow | 1.6B | 2.5B | 3.1B | 6.1B | 3.3B | 2.8B | |
| Change To Netincome | 897M | 4.7B | 976M | (2.7B) | (3.1B) | (3.0B) |
Phillips Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Phillips or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Phillips' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Phillips stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.27 | |
β | Beta against NYSE Composite | 0.60 | |
σ | Overall volatility | 1.40 | |
Ir | Information ratio | 0.17 |
Phillips Volatility Alert
Phillips 66 has relatively low volatility with skewness of 0.01 and kurtosis of -0.23. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Phillips' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Phillips' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Phillips Implied Volatility
Phillips' implied volatility exposes the market's sentiment of Phillips 66 stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Phillips' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Phillips stock will not fluctuate a lot when Phillips' options are near their expiration.
Phillips Fundamentals Vs Peers
Comparing Phillips' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Phillips' direct or indirect competition across all of the common fundamentals between Phillips and the related equities. This way, we can detect undervalued stocks with similar characteristics as Phillips or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Phillips' fundamental indicators could also be used in its relative valuation, which is a method of valuing Phillips by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Phillips to competition |
| Fundamentals | Phillips | Peer Average |
| Return On Equity | 0.22 | -0.31 |
| Return On Asset | 0.066 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 85.44 B | 16.62 B |
| Shares Outstanding | 424.78 M | 571.82 M |
| Shares Owned By Insiders | 0.40 % | 10.09 % |
| Shares Owned By Institutions | 78.77 % | 39.21 % |
| Number Of Shares Shorted | 8.04 M | 4.71 M |
| Price To Earning | 4.99 X | 28.72 X |
| Price To Book | 2.26 X | 9.51 X |
| Price To Sales | 0.47 X | 11.42 X |
| Revenue | 147.4 B | 9.43 B |
| Gross Profit | 20.06 B | 27.38 B |
| EBITDA | 9.93 B | 3.9 B |
| Net Income | 7.01 B | 570.98 M |
| Cash And Equivalents | 6.13 B | 2.7 B |
| Cash Per Share | 7.92 X | 5.01 X |
| Total Debt | 19.36 B | 5.32 B |
| Debt To Equity | 0.57 % | 48.70 % |
| Current Ratio | 1.30 X | 2.16 X |
| Book Value Per Share | 71.05 X | 1.93 K |
| Cash Flow From Operations | 7.03 B | 971.22 M |
| Short Ratio | 2.48 X | 4.00 X |
| Earnings Per Share | 15.49 X | 3.12 X |
| Price To Earnings To Growth | 0.73 X | 4.89 X |
| Target Price | 169.01 | |
| Number Of Employees | 14 K | 18.84 K |
| Beta | 1.38 | -0.15 |
| Market Capitalization | 67.47 B | 19.03 B |
| Total Asset | 75.5 B | 29.47 B |
| Retained Earnings | 30.55 B | 9.33 B |
| Working Capital | 4.08 B | 1.48 B |
Note: Sale by Lawrence Ziemba of 101909 shares of Phillips [view details]
Phillips Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Phillips . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 25663.77 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 157.33 | |||
| Day Typical Price | 157.49 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (1.05) | |||
| Relative Strength Index | 32.49 |
About Phillips Buy or Sell Advice
When is the right time to buy or sell Phillips 66? Buying financial instruments such as Phillips Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 14.4B | 17.2B | 19.4B | 10.4B | Total Assets | 55.6B | 76.4B | 75.5B | 59.2B |
Use Investing Ideas to Build Portfolios
In addition to having Phillips in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Chemicals Thematic Idea Now
Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Phillips Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Phillips Stock analysis
When running Phillips' price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
Is Phillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phillips. If investors know Phillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 4.2 | Earnings Share 15.49 | Revenue Per Share 327.454 | Quarterly Revenue Growth (0.05) |
The market value of Phillips 66 is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips' value that differs from its market value or its book value, called intrinsic value, which is Phillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phillips' market value can be influenced by many factors that don't directly affect Phillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.