Phillips 66 Partners LP (PSXP) Stock Forecast & Predictions

Phillips 66 Partners LP - Units PSXP: $42.81

2331 Citywest Blvd., Houston, Texas, US. | Sector: Transportation and Warehousing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.phillips66partners.com

  • Market Cap$9.78B
  • Change (52 Weeks)71.69%
  • Low (52 Weeks)$22.58
  • Phillips 66 Partners LP (PSXP) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Phillips 66 Partners LP (PSXP) is based on 13 Institutional Analyst Ratings where 30.77% are on Strong Buy, 15.38% on Moderate Buy, 53.85% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 13 Institutional Analysts, majority recommended PSXP stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Phillips 66 Partners LP.

    Phillips 66 Partners LP (PSXP) Stock Price Prediction By Analysts


    HighLowAverage
    $45.15$35.35$40.67
    $40.674.99% Downside
    Updated: 2022-01-13 00:00:00

    The Average Price target for PSXP set by the institutional analysts is $40.67 where High Estimate is $45.15, Median $41.31 and Low $35.35.

    The average price target for PSXP by Institutional Analysts is $40.67, which is 4.99% Downside from the current price. So according to the Institutional Analysts, PSXP Stock might be a bit overvalued at this stage and there’s potential for downside.

    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 Partners LP (PSXP) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 553,228 investor portfolio.

    Our algorithm has analysed 553,228 investor portfolio with PSXP stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about PSXP and holding their positions hoping for a further rise in the stock price and more profit.

    Phillips 66 Partners LP (PSXP) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    MizuhoNeutralMaintained
    Raymond JamesMarket PerformDowngraded
    Credit SuisseNeutralDowngraded
    BarclaysEqual-WeightMaintained
    Raymond JamesOutperformMaintained
    Wells FargoEqual-WeightMaintained
    MizuhoNeutralMaintained
    Wells FargoEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    MizuhoNeutralDowngraded
    Raymond JamesOutperformMaintained
    BarclaysEqual-WeightMaintained
    RBC CapitalOutperformMaintained
    MizuhoBuyMaintained
    Wells FargoEqual-WeightDowngraded
    Raymond JamesOutperformMaintained
    JefferiesBuyUpgraded
    MizuhoBuyMaintained
    CitigroupBuyMaintained
    Wells FargoOverweightMaintained
    RBC CapitalOutperformMaintained
    StifelHoldMaintained
    JP MorganNeutralMaintained
    CitigroupBuyMaintained
    JefferiesHoldDowngraded
    Wells FargoOverweightUpgraded
    JefferiesBuyUpgraded
    MizuhoBuyMaintained
    Stifel NicolausHoldMaintained
    RBC CapitalOutperformMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    MizuhoBuyMaintained
    Raymond JamesOutperformMaintained
    Bank of AmericaBuyReiterated
    Bank of AmericaBuyUpgraded
    MizuhoBuyInitiated
    Stifel NicolausHoldDowngraded
    Credit SuisseOutperformMaintained
    JefferiesHoldDowngraded
    JefferiesBuyUpgraded
    Wells FargoMarket PerformMaintained
    Raymond JamesOutperformMaintained
    Credit SuisseOutperformInitiated
    Morgan StanleyUnderweightDowngraded
    JP MorganNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Bank of AmericaBuyMaintained
    Stifel NicolausBuyMaintained
    Deutsche BankHoldInitiated
    BarclaysEqual-WeightMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    JP MorganOverweightMaintained
    Stifel NicolausBuyMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightDowngraded
    Credit SuisseNeutralInitiated
    Goldman SachsBuyUpgraded
    Morgan StanleyOverweightMaintained
    Stifel NicolausBuyMaintained
    BarclaysOverweightMaintained
    CitigroupBuyMaintained
    Goldman SachsNeutralUpgraded
    Stifel NicolausBuyMaintained
    BarclaysOverweightUpgraded
    CitigroupBuyMaintained
    CitigroupBuyUpgraded
    BuyMaintained
    MizuhoBuyInitiated
    Goldman SachsNeutralInitiated
    JefferiesHoldInitiated
    Stifel NicolausBuyInitiated
    BarclaysEqual-WeightMaintained
    JP MorganOverweightMaintained
    Wells FargoMarket PerformDowngraded
    Raymond JamesOutperformInitiated
    JP MorganOverweightMaintained
    Morgan StanleyOverweightInitiated
    BarclaysEqual-WeightMaintained
    Credit SuisseOutperformUpgraded
    Deutsche BankBuyMaintained
    Evercore ISI GroupBuyMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankBuyInitiated
    BarclaysEqual-WeightMaintained
    JP MorganOverweightMaintained
    Evercore ISI GroupBuyInitiated
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    CitigroupNeutralMaintained
    Scotia Howard WeilUpgraded
    CitigroupNeutralMaintained
    CitigroupHoldMaintained
    CitigroupNeutralMaintained
    Scotia Howard WeilSector PerformInitiated
    Credit SuisseNeutralDowngraded
    CitigroupNeutralInitiated

    Phillips 66 Partners LP (PSXP) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.028
    The average consensus EPS for PSXP is $1.028 with a high estimate of $1.218 and Low of $0.892 for the period 2022-03-31 and based on 6 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1$1.0052021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.03072021-12-31
    $1$1.0052021-09-30
    $1.013$0.95942021-06-30
    $0.74$0.81222021-03-31
    $0.78$0.88492020-12-31
    $0.85$0.85682020-09-30
    $1.05$0.75312020-06-30
    $0.93$0.95032020-03-31
    $1.06$0.97772019-12-31
    $1.15$0.98682019-09-30
    $1.15$1.04512019-06-30
    $0.92$0.98972019-03-31
    $1.09$1.03942018-12-31
    $1.1$0.93872018-09-30
    $0.94$0.87792018-06-30
    $0.87$0.87392018-03-31
    $0.83$0.93682017-12-31
    $0.51$0.65092017-09-30
    $0.61$0.73792017-06-30
    $0.6$0.65272017-03-31
    $0.65$0.76492016-12-31
    $0.57$0.59572016-09-30
    $0.51$0.5072016-06-30
    $0.44$0.59232016-03-31
    $0.61$0.5412015-12-31
    $0.5$0.45912015-09-30
    $0.5$0.44752015-06-30
    $0.39$0.3932015-03-31
    $0.44$0.38682014-12-31
    $0.37$0.40652014-09-30
    $0.41$0.39372014-06-30
    $0.24$0.30642014-03-31
    $0.24$0.30482013-12-31
    $0.17$0.26492013-09-30

    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?).