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Tuesday, June 6, 2023

Is Koninklijke Philips N.V. (NYSE: PHG) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Koninklijke Philips N.V. (PHG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.10%, to $20.79. The Koninklijke Philips N.V. has recorded 12,073 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Via Licensing Alliance Appoints Three New Members to its Board of Directors.

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Stocks Info

Koninklijke Philips N.V. is listed on the NYSE in the Healthcare sector while operating in the Medical Devices industry. At the end of the last regular session, the stock closed at $20.81 and fluctuated between $20.91 as its day high and $20.71 as its day low. The current market capitalization of Koninklijke Philips N.V. is $18.54B. A total of 1.22 million shares were traded on the day, compared to an average of 1.68M shares.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. PHG’s most recent ex-dividend date was 5/11/2023 when it declared a $0.9387 quarterly dividend that was paid in cash on 5/18/2023. Previously, the company paid the dividend on 6/8/2022 with an ex-dividend date of 5/12/2022. The PHG stock dividend was $0.9641 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for PHG in the last 3 months, the mean price target is $19.88 with high estimates of $33.09 and low estimates of $12.51. In terms of 52-week highs and lows, PHG has a high of $26.76 and a low of $11.75.

As of this writing, PHG has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. PHG’s latest balance sheet shows that the firm has $2.31B in Cash & Short Term Investments as of fiscal 2021. There were $6.98B in debt and $7.45B in liabilities at the time. Its Book Value Per Share was $15.43, while its Total Shareholder’s Equity was $14.47B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PHG is Buy with a score of 1.50.

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