Analysts think Philips is fairly priced

Philips 's stock price seems, partly because of the recent share price rises, to be in line with most of the estimates. Most of the analysts say Philips is fairly priced now. Currently the company is being followed by 22 analysts. The average of the current target prices for the stock equals 37,66 euros. This is at around 0,58 percent more than the current price of 37,93 euros.

Target prices for Philips quite concentrated

equity research

For this year Philips 's revenue will be around 18,29 billion euros. This is according to the average of the analysts' estimates. This is slightly more than 2017's revenue of 17,78 billion euros.

Historical revenues and results Philips plus estimates 2018

equity research

The analysts expect for 2018 a net profit of 1,46 billion euros. The majority of the analysts expects for this year a profit per share of 1,56 euros. The price/earnings-ratio is then 24,31.

Analysts expect a dividend of 0,79 cents per share. The dividend yield is then 2,08 percent. The average dividend yield of the electronics companies is an attractive 2 percent.

Recent target prices around 43 euros

The most recent recommendations for the electronics company are from UBS , Goldman Sachs and HSBC .

Based on the current number of outstanding shares Philips 's market capitalization 34,99 billion euros. The Philips stock was the past 12 months quite volatile. Since last September the stock is 16 percent higher. This year the stock price moved between 29 and 39 euro. Since 2008 the stock price is almost 74 percent higher.

Historical stock prices Philips

equity research philips

At 17.38 the stock trades 0,5 percent higher at 37,93 euros.

ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.