Media stories about Koninklijke Philips (NYSE:PHG) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Koninklijke Philips earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.4743399190989 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
Koninklijke Philips stock traded down $0.24 during midday trading on Friday, hitting $38.35. The company’s stock had a trading volume of 1,108,256 shares, compared to its average volume of 1,042,128. The company has a current ratio of 1.47, a quick ratio of 1.13 and a debt-to-equity ratio of 0.34. Koninklijke Philips has a 12 month low of $31.40 and a 12 month high of $42.35. The stock has a market cap of $35,519.42, a PE ratio of 30.93, a price-to-earnings-growth ratio of 1.98 and a beta of 1.28.
Koninklijke Philips (NYSE:PHG) last issued its quarterly earnings results on Tuesday, January 30th. The technology company reported $0.59 EPS for the quarter, hitting the consensus estimate of $0.59. The firm had revenue of $5.30 billion for the quarter, compared to analysts’ expectations of $5.42 billion. Koninklijke Philips had a net margin of 8.68% and a return on equity of 6.93%. Koninklijke Philips’s revenue for the quarter was down 26.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.67 earnings per share. equities analysts predict that Koninklijke Philips will post 2.15 EPS for the current fiscal year.
The business also recently disclosed an annual dividend, which will be paid on Wednesday, June 6th. Shareholders of record on Tuesday, May 8th will be issued a dividend of $0.9917 per share. This represents a yield of 2.43%. The ex-dividend date is Monday, May 7th. This is an increase from Koninklijke Philips’s previous annual dividend of $0.86. Koninklijke Philips’s payout ratio is presently 58.87%.
Several equities research analysts have commented on the stock. ValuEngine upgraded shares of Koninklijke Philips from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Investment Research cut shares of Koninklijke Philips from a “hold” rating to a “sell” rating in a research report on Tuesday, March 13th. Finally, Berenberg Bank upgraded shares of Koninklijke Philips from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. Koninklijke Philips has an average rating of “Hold” and a consensus target price of $40.50.
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About Koninklijke Philips
Koninklijke Philips N.V. is the Netherlands-based health technology company. The Company’s segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items. The Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease.
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