Within the newest shut session, Phillips 66 (PSX) was down 1.43% at $142.16. This transformation lagged the S&P 500’s each day achieve of 0.65%. Elsewhere, the Dow gained 0.48%, whereas the tech-heavy Nasdaq added 0.82%.
Shares of the oil refiner have appreciated by 0.55% over the course of the previous month, underperforming the Oils-Vitality sector’s achieve of 0.68%, and the S&P 500’s achieve of 1.15%.
Market individuals can be carefully following the monetary outcomes of Phillips 66 in its upcoming launch. The corporate plans to announce its earnings on February 4, 2026. The corporate is predicted to publish an EPS of $2.24, indicating a 1593.33% progress in comparison with the equal quarter final 12 months. On the similar time, our most up-to-date consensus estimate is projecting a income of $30.09 billion, reflecting a 11.46% fall from the equal quarter final 12 months.
PSX’s full-year Zacks Consensus Estimates are calling for earnings of $6.19 per share and income of $130.32 billion. These outcomes would characterize year-over-year adjustments of +0.65% and 0%, respectively.
Buyers also needs to be aware any latest adjustments to analyst estimates for Phillips 66. These latest revisions are inclined to replicate the evolving nature of short-term enterprise developments. Subsequently, constructive revisions in estimates convey analysts’ confidence within the enterprise efficiency and revenue potential.
Primarily based on our analysis, we imagine these estimate revisions are immediately associated to near-term inventory strikes. To benefit from this, we have established the Zacks Rank, an unique mannequin that considers these estimated adjustments and delivers an operational ranking system.
The Zacks Rank system, spanning from #1 (Robust Purchase) to #5 (Robust Promote), boasts a powerful monitor file of outperformance, audited externally, with #1 ranked shares yielding a mean annual return of +25% since 1988. Inside the previous 30 days, our consensus EPS projection has moved 0.73% increased. Phillips 66 is at present a Zacks Rank #1 (Robust Purchase).
By way of valuation, Phillips 66 is presently being traded at a Ahead P/E ratio of 11.79. This denotes a reduction relative to the business common Ahead P/E of 12.
Buyers also needs to be aware that PSX has a PEG ratio of 0.38 proper now. The PEG ratio is akin to the generally utilized P/E ratio, however this measure additionally incorporates the corporate’s anticipated earnings progress price. Oil and Gasoline – Refining and Advertising shares are, on common, holding a PEG ratio of 1.1 based mostly on yesterday’s closing costs.
The Oil and Gasoline – Refining and Advertising business is a part of the Oils-Vitality sector. This business at present has a Zacks Business Rank of 100, which places it within the prime 41% of all 250+ industries.
The Zacks Business Rank evaluates the facility of our distinct business teams by figuring out the typical Zacks Rank of the person shares forming the teams. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
Be sure you use Zacks.com to observe all these stock-influencing metrics, and extra, all through the forthcoming buying and selling classes.
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This text initially printed on Zacks Funding Analysis (zacks.com).
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
