Phillips 66 (PSX) Stock Forecast & Predictions

Phillips 66 PSX: $88.58

2331 Citywest Blvd, Houston, Texas, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.phillips66.com

  • Market Cap$38.81B
  • Change (52 Weeks)29.32%
  • Low (52 Weeks)$62.42
  • Phillips 66 (PSX) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Phillips 66 (PSX) is based on 22 Institutional Analyst Ratings where 59.09% are on Strong Buy, 22.73% on Moderate Buy, 18.18% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 22 Institutional Analysts, majority recommended PSX stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Phillips 66.

    Phillips 66 (PSX) Stock Price Prediction By Analysts


    HighLowAverage
    $112.35$78.78$97.48
    $97.4810.05% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for PSX set by the institutional analysts is $97.48 where High Estimate is $112.35, Median $97.92 and Low $78.78.

    The average price target for PSX by Institutional Analysts is $97.48, which is 10.05% Upside from the current price. So according to the Institutional Analysts, PSX Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Phillips 66 (PSX) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyEqual-WeightMaintained
    Cowen & Co.Market PerformMaintained
    JP MorganOverweightUpgraded
    Wells FargoOverweightMaintained
    RBC CapitalOutperformMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Piper SandlerOverweightUpgraded
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightInitiated
    CitigroupNeutralDowngraded
    Cowen & Co.Market PerformDowngraded
    Raymond JamesOutperformMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Wells FargoOverweightMaintained
    Raymond JamesOutperformMaintained
    CitigroupBuyMaintained
    MizuhoBuyMaintained
    Credit SuisseOutperformMaintained
    Piper SandlerNeutralDowngraded
    Raymond JamesOutperformMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    JP MorganNeutralDowngraded
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    BarclaysOverweightMaintained
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    Piper SandlerOverweightMaintained
    Wells FargoEqual-WeightDowngraded
    MizuhoBuyMaintained
    CitigroupBuyMaintained
    ScotiaBankSector OutperformMaintained
    Raymond JamesOutperformMaintained
    Wells FargoOverweightMaintained
    Morgan StanleyOverweightMaintained
    JefferiesHoldDowngraded
    Raymond JamesOutperformMaintained
    JP MorganOverweightMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    MizuhoBuyUpgraded
    JP MorganOverweightMaintained
    Raymond JamesOutperformMaintained
    B of A SecuritiesBuyUpgraded
    RBC CapitalOutperformUpgraded
    JefferiesBuyUpgraded
    Raymond JamesOutperformMaintained
    CFRABuyMaintained
    Morgan StanleyOverweightUpgraded
    Wells FargoOverweightMaintained
    Credit SuisseOutperformUpgraded
    JP MorganOverweightMaintained
    Piper SandlerOverweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysOverweightInitiated
    Raymond JamesOutperformMaintained
    Bank of AmericaNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesOutperformMaintained
    Wells FargoOutperformMaintained
    JP MorganOverweightMaintained
    MacquarieOutperformInitiated
    Raymond JamesOutperformMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    JefferiesHoldDowngraded
    CitigroupNeutralMaintained
    Raymond JamesOutperformMaintained
    JefferiesBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    U.S. Capital AdvisorsBuyUpgraded
    JP MorganOverweightUpgraded
    Wells FargoOutperformMaintained
    Raymond JamesOutperformMaintained
    JefferiesHoldUpgraded
    BarclaysEqual-WeightUpgraded
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    MizuhoNeutralInitiated
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralMaintained
    Wells FargoOutperformUpgraded
    Credit SuisseNeutralMaintained
    BarclaysUnderweightMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightDowngraded
    Credit SuisseNeutralInitiated
    UBSNeutralMaintained
    BarclaysUnderweightDowngraded
    JP MorganNeutralMaintained
    JefferiesUnderperformDowngraded
    BarclaysEqual-WeightMaintained
    Goldman SachsBuyUpgraded
    Scotia Howard WeilSector OutperformUpgraded
    BarclaysEqual-WeightMaintained
    BarclaysEqual-weightMaintained
    Goldman SachsNeutralUpgraded
    PiperJaffrayNeutralMaintained
    PiperJaffrayNeutralMaintained
    JefferiesHoldInitiated
    Cowen & Co.OutperformUpgraded
    BarclaysEqual-WeightDowngraded
    Scotia Howard WeilSector PerformDowngraded
    Morgan StanleyEqual-WeightDowngraded
    JP MorganNeutralMaintained
    UBSNeutralInitiated
    BarclaysOverweightMaintained
    CitigroupHoldDowngraded
    Credit SuisseNeutralMaintained
    BarclaysOverweightMaintained
    Cowen & Co.Market PerformInitiated
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    JP MorganNeutralMaintained
    Credit SuisseNeutralDowngraded
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Goldman SachsNeutralDowngraded
    BarclaysOverweightMaintained
    JefferiesSector PerformMaintained
    Deutsche BankBuyMaintained
    OppenheimerOutperformUpgraded
    BarclaysBuyMaintained
    Gilford SecuritiesNeutralDowngraded
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    Wolfe ResearchPeer PerformDowngraded
    Deutsche BankBuyUpgraded
    Bank of AmericaBuyUpgraded
    Deutsche BankHoldMaintained
    Goldman SachsBuyInitiated
    Credit SuisseOutperformUpgraded
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldInitiated
    RBC CapitalSector PerformInitiated
    JP MorganOverweightInitiated
    CitigroupNeutralMaintained
    JP MorganOverweightMaintained
    CitigroupHoldMaintained
    Tudor PickeringAccumulateDowngraded
    BarclaysOverweightMaintained
    Bank of AmericaNeutralMaintained
    Wolfe ResearchOutperformInitiated
    Credit SuisseNeutralDowngraded
    Raymond JamesOutperformUpgraded
    Scotia Howard WeilSector OutperformUpgraded
    JP MorganOverweightMaintained
    Deutsche BankBuyUpgraded
    Bank of AmericaNeutralMaintained
    OppenheimerPerformDowngraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    Wells FargoOutperformUpgraded
    Deutsche BankHoldMaintained
    UBSBuyMaintained
    CitigroupNeutralMaintained
    Credit SuisseOutperformMaintained
    Scotia Howard WeilSector PerformDowngraded
    UBSBuyMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    Credit SuisseOutperformUpgraded
    Goldman SachsNeutralMaintained
    Credit SuisseNeutralDowngraded
    CitigroupNeutralDowngraded
    UBSBuyMaintained
    JP MorganOverweightInitiated
    UBSBuyMaintained
    OppenheimerOutperformMaintained
    BarclaysOverweightUpgraded
    OppenheimerOutperformInitiated
    Wells FargoMarket PerformInitiated
    Deutsche BankBuyUpgraded
    UBSBuyMaintained

    Phillips 66 (PSX) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.293
    The average consensus EPS for PSX is $1.293 with a high estimate of $1.911 and Low of $0.529 for the period 2022-03-31 and based on 14 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $3.18$1.97162021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.70732021-12-31
    $3.18$1.97162021-09-30
    $0.74$0.60522021-06-30
    $-1.16$-1.41322021-03-31
    $-1.16$-1.06772020-12-31
    $-0.01$-0.8032020-09-30
    $-0.74$-0.93462020-06-30
    $1.02$0.63942020-03-31
    $1.54$1.57412019-12-31
    $3.11$2.61582019-09-30
    $3.02$2.76492019-06-30
    $0.4$0.34282019-03-31
    $4.87$3.03822018-12-31
    $3.1$2.50272018-09-30
    $2.8$2.21292018-06-30
    $1.04$0.89982018-03-31
    $1.07$0.86762017-12-31
    $1.66$1.58452017-09-30
    $1.09$1.01952017-06-30
    $0.56$0.05172017-03-31
    $0.16$0.39922016-12-31
    $1.05$0.89122016-09-30
    $0.94$0.94352016-06-30
    $0.67$0.88052016-03-31
    $1.31$1.26372015-12-31
    $3.02$2.26312015-09-30
    $1.83$1.83112015-06-30
    $1.51$1.44232015-03-31
    $1.63$1.38382014-12-31
    $2.02$1.76852014-09-30
    $1.51$1.7192014-06-30
    $1.47$1.35382014-03-31
    $1.34$1.10822013-12-31
    $0.87$0.94492013-09-30
    $1.5$1.85022013-06-30
    $2.19$1.90452013-03-31
    $2.06$1.69362012-12-31
    $2.97$2.37062012-09-30
    $2.23$1.79642012-06-30
    $$2012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).