Should I buy or sell Koninklijke Philips stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Koninklijke Philips in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PHG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PHG, but not buy additional shares or sell existing shares. View PHG analyst ratings or view top-rated stocks .

How have PHG shares performed in 2024?

Koninklijke Philips' stock was trading at $23.33 at the beginning of 2024. Since then, PHG shares have decreased by 12.5% and is now trading at $20.41. View the best growth stocks for 2024 here .

When is Koninklijke Philips' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024. View our PHG earnings forecast .

How were Koninklijke Philips' earnings last quarter?

Koninklijke Philips (NYSE:PHG) announced its quarterly earnings data on Monday, January, 29th. The technology company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. The technology company had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.47 billion. Koninklijke Philips had a positive trailing twelve-month return on equity of 14.17% and a negative net margin of 2.53%.

How often does Koninklijke Philips pay dividends? What is the dividend yield for Koninklijke Philips?

Koninklijke Philips declared an annual dividend on Thursday, April 27th. Stockholders of record on Friday, May 12th will be paid a dividend of $0.9387 per share on Thursday, May 18th. This represents a yield of 3.7%. The ex-dividend date is Thursday, May 11th. Read our dividend analysis for PHG .

Is Koninklijke Philips a good dividend stock?

Koninklijke Philips (NYSE:PHG) pays an annual dividend of $0.93 per share and currently has a dividend yield of 4.61%. PHG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PHG .

What is Vitor Rocha's approval rating as Koninklijke Philips' CEO?

209 employees have rated Koninklijke Philips Chief Executive Officer Vitor Rocha on Glassdoor.com . Vitor Rocha has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Koninklijke Philips own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Koninklijke Philips investors own include Cisco Systems (CSCO) , RTX (RTX) , General Electric (GE) , NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Bank of America (BAC) , Micron Technology (MU) , QUALCOMM (QCOM) , Ingles Markets (IMKTA) and AT&T (T) .

Who are Koninklijke Philips' major shareholders?

Koninklijke Philips' stock is owned by a number of retail and institutional investors. Top institutional investors include Perpetual Ltd (0.16%), Bank of New Hampshire (0.01%), Bonness Enterprises Inc. (0.01%), Wealth Enhancement Advisory Services LLC (0.01%), Park Avenue Securities LLC (0.00%) and DGS Capital Management LLC (0.00%). View institutional ownership trends .

How do I buy shares of Koninklijke Philips?

Shares of PHG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:PHG

Koninklijke Philips (PHG) Stock Price, News & Analysis

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Free PHG Stock Alerts

$20.41

+0.35 (+1.74%)

(As of 04/15/2024 ET)

Compare

Today's Range: $20.34
▼
$20.71
50-Day Range: $19.85
▼
$21.56
52-Week Range: $17.75
▼
$24.27

Volume: 1.19 million shs
Average Volume: 818,530 shs
Market Capitalization: $18.95 billion

P/E Ratio: N/A
Dividend Yield: 4.56%
Price Target: N/A

Get Koninklijke Philips alerts:

Koninklijke Philips MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.22% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.64
Based on 21 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 18.42%
From $1.52 to $1.80 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.21 out of 5 stars

Medical Sector

556th out of 928 stocks

X - Ray Apparatus & Tubes Industry

1st out of 1 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Koninklijke Philips.

3.0

Short Interest

Percentage of Shares Shorted
0.22% of the float of Koninklijke Philips has been sold short.
Short Interest Ratio / Days to Cover
Koninklijke Philips has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Koninklijke Philips has recently increased by 7.69%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Koninklijke Philips is a leading dividend payer. It pays a dividend yield of 4.61%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Koninklijke Philips has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Koninklijke Philips will have a dividend payout ratio of 51.67% next year. This indicates that Koninklijke Philips will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PHG.

2.6

News and Social Media Coverage

News Sentiment
Koninklijke Philips has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 21 news articles for Koninklijke Philips this week, compared to 6 articles on an average week.
Search Interest
6 people have searched for PHG on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Koninklijke Philips to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Koninklijke Philips insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 13.67% of the stock of Koninklijke Philips is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Koninklijke Philips are expected to grow by 18.42% in the coming year, from $1.52 to $1.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Koninklijke Philips is -35.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Koninklijke Philips is -35.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Koninklijke Philips has a PEG Ratio of 1.04. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Koninklijke Philips has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Koninklijke Philips Stock (NYSE:PHG)

Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. The company operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. It also provides diagnostic imaging solutions, includes magnetic resonance imaging, X-ray systems, and computed tomography (CT) systems and software comprising detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; echography solutions focused on diagnosis, treatment planning and guidance for cardiology, general imaging, obstetrics/gynecology, and point-of-care applications; integrated interventional systems, and interventional diagnostic and therapeutic devices to treat coronary artery and peripheral vascular disease. In addition, the company offers acute patient management solutions; emergency care solutions; sleep and respiratory care solutions; and electronic medical record and care management solutions. Further, it provides power toothbrushes, brush heads, and interdental cleaning and teeth whitening products; infant feeding, baby monitors, and digital parental solutions; and grooming and beauty products and solutions. The company has strategic partnership agreements with TriHealth, Northwell, and Atrium Health. The company was formerly known as Koninklijke Philips Electronics N.V. and changed its name to Koninklijke Philips N.V. in May 2013. Koninklijke Philips N.V. was founded in 1891 and is headquartered in Amsterdam, the Netherlands.

PHG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PHG Stock News Headlines

April 10, 2024 | msn.com

Peter Philips splits from his partner of four years

April 10, 2024 | msn.com

US federal court issues decree barring Philips from ventilator industry

April 16, 2024 | InvestorPlace (Ad)

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April 10, 2024 | msn.com

Philips shares rise on final US deal on sleep apnea machines

April 10, 2024 | msn.com

Philips shares climb after finalizing pact with U.S. over device sales

April 10, 2024 | reuters.com

US deal shrinks number of Philips’ known unknowns

April 10, 2024 | msn.com

Why Is European Healthcare Tech Giant Philips Stock Trading Higher On Wednesday?

April 10, 2024 | finance.yahoo.com

UPDATE 1-Tech stocks power STOXX 600 higher; Barry Callebaut jumps

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Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 10, 2024 | finance.yahoo.com

Stocks to Watch Wednesday: Delta Air Lines, Alibaba, XPeng, Microsoft

April 10, 2024 | proactiveinvestors.com

Philips climbs as US deal on sleep apnea machines revealed

April 10, 2024 | reuters.com

Philips announces terms of US government deal on sleep apnea machines

April 10, 2024 | wsj.com

Philips Reaches Final Pact With U.S. Govt. on Ventilator Recall

April 10, 2024 | globenewswire.com

Philips Respironics reaches agreement with US government on a consent decree creating a clear path forward

April 10, 2024 | yahoo.com

Philips has finally launched its first ever dual basket air fryer, and it's on sale

April 10, 2024 | msn.com

Philips Soaking In The Process With Team USA

April 10, 2024 | msn.com

After CPAP Recall, Philips Must Institute New Safeguards in Agreement With U.S. Justice Department

April 10, 2024 | msn.com

Philips enters into FDA decree over recalled CPAP machines

April 9, 2024 | finance.yahoo.com

Company that made millions of defective sleep apnea machines ordered to overhaul manufacturing

April 9, 2024 | finance.yahoo.com

UPDATE 3-US federal court orders Philips to restrict production of sleep apnea devices

April 9, 2024 | finance.yahoo.com

US federal court orders Philips to restrict production of sleep apnea devices

April 9, 2024 | reuters.com

US federal court orders to restrict production of Philips' sleep apnea devices

April 7, 2024 | wsj.com

Stocks to Watch Friday: Trump Media, Philips, Shockwave Medical

April 7, 2024 | uk.finance.yahoo.com

‘We lost £105,000 after putting our life savings in a trust – our disabled son will suffer’

April 7, 2024 | uk.investing.com

Koninklijke Philips NV (PHIA)

April 5, 2024 | nasdaq.com

General Electric: A Legacy Splits into Three for Growth (PHG)

April 4, 2024 | msn.com

Philips debuts three highly affordable displays for home workers — but no 4K resolution

See More Headlines

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Company Calendar

Last Earnings: 1/29/2024
Today: 4/15/2024
Next Earnings (Confirmed): 4/29/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Medical
Industry: X - ray apparatus & tubes
Sub-Industry: N/A
Current Symbol: NYSE:PHG
CUSIP: N/A
CIK: 313216
Web: www.philips.com
Phone: (120) 597-7777
Fax: N/A
Employees: 69,656
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.57)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 13.43
P/E Growth: 1.04
Net Income: $-503,270,000.00
Net Margins: -2.53%
Pretax Margin: -2.89%
Return on Equity: 14.17%
Return on Assets: 5.83%

Debt

Debt-to-Equity Ratio: 0.58
Current Ratio: 1.20
Quick Ratio: 0.78

Sales & Book Value

Annual Sales: $19.66 billion
Price / Sales: 0.96
Cash Flow: $2.87 per share
Price / Cash Flow: 7.12
Book Value: $14.06 per share
Price / Book: 1.45

Miscellaneous

Outstanding Shares: 928,650,000
Free Float: N/A
Market Cap: $18.95 billion
Optionable: Optionable
Beta: 0.88

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Key Executives

Mr. Roy Jakobs (Age 50)
President, CEO & Chairman of the Board of Management
Comp: $3.91M
Dr. Paulus A. Stoffels M.D. (Age 62)
Ph.D., Independent Vice Chairman of Supervisory Board & Secretary
Comp: $186.6k
Mr. Abhijit Bhattacharya (Age 63)
Executive VP, CFO & Member of the Board of Management
Comp: $2.39M
Mr. Marnix J. van Ginneken (Age 51)
Executive VP, Chief ESG, Legal Officer & Member of the Board of Management
Comp: $1.83M
Mr. Willem Appelo (Age 60)
Executive VP & COO
Mr. Leandro Mazzoni
Head of Investor Relations
Heidi Sichien (Age 50)
Executive VP & Chief People Officer
Mr. Andy Ho (Age 63)
Executive VP & Chief Market Leader of Philips Greater China
Jan Kimpen (Age 66)
Chief Medical Officer
Mr. Pim Preesman
Country Leader/ Health Systems Leader Indonesia

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Koninklijke Philips Stock? PHG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Koninklijke Philips:

Strong Financial Performance: Koninklijke Philips has shown consistent growth in revenue and profitability, reflecting a solid financial foundation for potential investors.
Diversified Product Portfolio: With a wide range of healthcare, lighting, and consumer lifestyle products, Koninklijke Philips has exposure to multiple sectors, reducing risk associated with dependence on a single market.
Innovative Healthcare Solutions: Koninklijke Philips is at the forefront of developing cutting-edge healthcare technologies, such as advanced medical imaging systems and telehealth solutions, positioning the company well in the rapidly evolving healthcare industry.
Global Presence: As a multinational company with a strong global footprint, Koninklijke Philips can leverage diverse market opportunities and mitigate risks associated with regional economic fluctuations.
Stock Price Stability: Koninklijke Philips has demonstrated relative stability in its stock price, providing investors with a sense of security and predictability in their investment.

Cons

Investors should be bearish about investing in Koninklijke Philips for these reasons:

Market Competition: Koninklijke Philips operates in highly competitive markets, facing challenges from other major players in the healthcare and consumer electronics industries, which could impact its market share and profitability.
Economic Uncertainty: Fluctuations in global economic conditions could affect consumer spending patterns, potentially impacting Koninklijke Philips' sales and revenue growth.
Regulatory Risks: Being in the healthcare sector, Koninklijke Philips is subject to stringent regulations and compliance requirements, which could lead to increased costs and operational challenges.
Technological Disruption: Rapid technological advancements in the industry may require continuous investments in research and development to stay ahead of competitors, potentially impacting short-term profitability.
Supply Chain Vulnerabilities: Koninklijke Philips' operations are exposed to supply chain disruptions, such as raw material shortages or transportation issues, which could impact production and delivery schedules.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Koninklijke Philips pros and cons to contact@marketbeat.com.

PHG Stock Analysis - Frequently Asked Questions

Should I buy or sell Koninklijke Philips stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Koninklijke Philips in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PHG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PHG, but not buy additional shares or sell existing shares.
View PHG analyst ratings or view top-rated stocks.
How have PHG shares performed in 2024?: Koninklijke Philips' stock was trading at $23.33 at the beginning of 2024. Since then, PHG shares have decreased by 12.5% and is now trading at $20.41.
View the best growth stocks for 2024 here.
When is Koninklijke Philips' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our PHG earnings forecast.
How were Koninklijke Philips' earnings last quarter?: Koninklijke Philips (NYSE:PHG) announced its quarterly earnings data on Monday, January, 29th. The technology company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. The technology company had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.47 billion. Koninklijke Philips had a positive trailing twelve-month return on equity of 14.17% and a negative net margin of 2.53%.
How often does Koninklijke Philips pay dividends? What is the dividend yield for Koninklijke Philips?: Koninklijke Philips declared an annual dividend on Thursday, April 27th. Stockholders of record on Friday, May 12th will be paid a dividend of $0.9387 per share on Thursday, May 18th. This represents a yield of 3.7%. The ex-dividend date is Thursday, May 11th.
Read our dividend analysis for PHG.
Is Koninklijke Philips a good dividend stock?: Koninklijke Philips (NYSE:PHG) pays an annual dividend of $0.93 per share and currently has a dividend yield of 4.61%. PHG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PHG.

What is Vitor Rocha's approval rating as Koninklijke Philips' CEO?: 209 employees have rated Koninklijke Philips Chief Executive Officer Vitor Rocha on Glassdoor.com. Vitor Rocha has an approval rating of 90% among the company's employees.
What other stocks do shareholders of Koninklijke Philips own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Koninklijke Philips investors own include Cisco Systems (CSCO), RTX (RTX), General Electric (GE), NVIDIA (NVDA), Advanced Micro Devices (AMD), Bank of America (BAC), Micron Technology (MU), QUALCOMM (QCOM), Ingles Markets (IMKTA) and AT&T (T).
Who are Koninklijke Philips' major shareholders?: Koninklijke Philips' stock is owned by a number of retail and institutional investors. Top institutional investors include Perpetual Ltd (0.16%), Bank of New Hampshire (0.01%), Bonness Enterprises Inc. (0.01%), Wealth Enhancement Advisory Services LLC (0.01%), Park Avenue Securities LLC (0.00%) and DGS Capital Management LLC (0.00%).
View institutional ownership trends.
How do I buy shares of Koninklijke Philips?: Shares of PHG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PHG) was last updated on 4/16/2024 by MarketBeat.com Staff

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Koninklijke Philips (PHG) Stock Price, News & Analysis

Koninklijke Philips MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Koninklijke Philips Stock (NYSE:PHG)

PHG Stock Price History

PHG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

Should I Buy Koninklijke Philips Stock? PHG Pros and Cons Explained

Pros

Cons

PHG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™