Phillips 66 (PSX) EPS Estimated At $1.24 on April, 27

Lloyd Doyle
April 18, 2018

Credit Suisse Ag sold 186,313 shares as the company's stock declined 7.88% with the market. The oil and gas company reported $1.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.86 by $0.21. Piper Jaffray has "Buy" rating and $8400 target.

Defining specific goals and creating an overall stock trading strategy can be a big help for the individual investor. About shares traded. Nuvus Corp. The United Kingdom-based Rathbone Brothers Pcl has invested 0.02% in Phillips 66 (NYSE:PSX). Parker-Hannifin Corporation's stock is -0.43% away from its 20-Day Simple Moving Average. The institutional investor owned 22,775 shares of the oil and gas company's stock after selling 2,060 shares during the period. Tiedemann Wealth Management Llc who had been investing in Phillips 66 for a number of months, seems to be less bullish one the $48.45B market cap company. The stock has been active on the tape, now trading at $103.74, up from yesterday's close by 1.08%. About 608,629 shares traded. 0 analysts gave its stock an Outperform rating.

Phillips 66 (NYSE:PSX) closed its last session at $103.74. Therefore 42% are positive. Phillips 66 had 75 analyst reports since August 4, 2015 according to SRatingsIntel.

The stock returned 2.56% in this year through last updated price. Goldman Sachs upgraded shares of Phillips 66 to a "buy" rating in a research note on Monday, December 18th. The rating was initiated by UBS with "Neutral" on Thursday, May 19. On Thursday, January 11 the company was downgraded by Morgan Stanley. On Wednesday, December 20 the firm has "Sell" rating given by Jefferies. The stock has "Buy" rating by Cowen & Co on Wednesday, February 14.

Looking at some analyst views on shares of Phillips 66 (NYSE:PSX), we note that the consensus target price is resting at $105.62. In Tuesday, October 17 report Cowen & Co maintained it with "Buy" rating and $101.0 target. The stock of Phillips 66 (NYSE:PSX) earned "Buy" rating by Scotia Capital on Wednesday, January 10. The stock presently has an average rating of "Hold" and an average target price of $83.83.


Phillips 66 (PSX) is an interesting player in the Energy space, with a focus on Oil & Gas Refining & Marketing.

The simple moving average is the most common method used to calculate the moving average of prices. PSX's profit will be $578.25M for 20.95 P/E if the $1.24 EPS becomes a reality. Advisors Asset Management Inc. grew its position in shares of Phillips 66 by 15.9% in the 3rd quarter. Price T Rowe Assoc Md owns 0.01% invested in Phillips 66 (NYSE:PSX) for 744,759 shs. That's change of 0.09, from 2017Q3's 0.92. It improved, as 34 investors sold PSX shares while 372 reduced holdings. 125 funds bought stakes and 284 increased stakes. 351.44 million shares or 0.51% less from 353.24 million shares in 2017Q3 were reported. Arbor Advsrs Lc holds 0.09% of its capital in Phillips 66 (NYSE:PSX) for 2,004 shs. Lee Danner & Bass, a Tennessee-based fund reported 14,874 shares. Sta Wealth Mngmt Ltd accumulated 0.13% or 4,655 shares. 59,266 were reported by Ngam Advsr L P. Bailard reported 0.01% of its portfolio in Phillips 66 (NYSE:PSX). M&T Commercial Bank holds 781,082 shs or 0.41% of its capital. 5 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell.

Phillips 66 stock waking on thin line between bulls and bears tracks and with several factors it's pulling towards optimistic side to some extend but some take to pessimistic side. The SEC filing shows that Oyolu Chukwuemeka A. performed a sale of 1,151 shares. The Midstream segment includes its equity investment in DCP Midstream, LLC (DCP Midstream) and its investment in Phillips 66 Partners LP. 54,572 are held by Meeder Asset. According to today's trading volume Phillips 66 is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. Sterling Mgmt Ltd holds 119,460 shares or 0.11% of its portfolio.

Investors sentiment increased to 1.67 in 2017 Q4. Css Ltd Liability Il invested 0.03% of its portfolio in MVC Capital, Inc.

Bluestein R H & Company decreased Generac Hldgs Inc (NYSE:GNRC) stake by 6,800 shares to 7,700 valued at $381,000 in 2017Q4. Arrowstreet Cap Limited Partnership invested in 0% or 46,100 shares.

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