Based on the recent analyst estimates Philips now has one of the highest dividend returns of the Dutch stock exchange.The average of the dividends estimates is at 0,81 cents. The dividend return consequently equals 3,1 percent. The average dividend of the electronics company equals 3,13 percent.
Next monday the Dutch Philips will present her results over the past quarter. For this year the consensus of the revenue equals 24,64 billion euros. This is slightly more than the revenue over 2015 of 24,24 billion euros.
The analysts foresee for 2016 a net profit of 1,36 billion euros. For this year most of the analysts expect a profit per share of 1,49 euros. Based on the analyst's expectations the price/earnings-ratio is 17,56.
The stock Philips is being covered by 21 fundamental analysts. The average target price for the stock is at 27,02 euros. This is around 3 percent more than the current stock price of 26,16 euros. The 3 most recent recommendations for Dutch were provided by Deutsche Bank (buy, 30,00 euros), Beursexpres (buy, without target price) and UBS (buy, 30,00 euros).
Based on the number of outstanding shares Philips 's market capitalization equals 23,99 billion euros.At 11.04 the company traded 0,32 percent higher at 26,16 euros.
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