Koninklijke Philips (PHG) to Release Earnings on Monday

Koninklijke Philips (NYSE:PHG) will issue its quarterly earnings data before the market opens on Monday, July 29th. Parties that are interested in registering for the company’s conference call can do so using this link.

Koninklijke Philips (NYSE:PHG) last released its quarterly earnings results on Monday, April 29th. The technology company reported $0.28 earnings per share (EPS) for the quarter. Koninklijke Philips had a positive return on equity of 9.82% and a negative net margin of 4.41%. The business had revenue of $4.49 billion during the quarter. On average, analysts expect Koninklijke Philips to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Koninklijke Philips Stock Up 0.0 %

Shares of NYSE:PHG opened at $25.76 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.20 and a debt-to-equity ratio of 0.58. The firm has a market cap of $24.21 billion, a P/E ratio of -26.83, a P/E/G ratio of 0.95 and a beta of 0.72. Koninklijke Philips has a 12 month low of $17.75 and a 12 month high of $29.44. The company’s 50-day moving average price is $26.26 and its two-hundred day moving average price is $23.45.

Koninklijke Philips Cuts Dividend

The business also recently announced an annual dividend, which was paid on Thursday, May 9th. Stockholders of record on Friday, May 10th were given a dividend of $0.9154 per share. The ex-dividend date was Thursday, May 9th. This represents a dividend yield of 3.5%. Koninklijke Philips’s payout ratio is -95.83%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on PHG shares. UBS Group upgraded shares of Koninklijke Philips from a “sell” rating to a “neutral” rating in a research report on Tuesday, April 30th. StockNews.com upgraded Koninklijke Philips from a “hold” rating to a “buy” rating in a research report on Monday, July 15th. Sanford C. Bernstein upgraded Koninklijke Philips from a “market perform” rating to an “outperform” rating in a report on Monday, May 13th. BNP Paribas upgraded Koninklijke Philips from an “underperform” rating to a “neutral” rating in a research report on Tuesday, May 7th. Finally, JPMorgan Chase & Co. upgraded shares of Koninklijke Philips from an “underweight” rating to a “neutral” rating in a research report on Tuesday, April 30th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Koninklijke Philips presently has an average rating of “Hold”.

About Koninklijke Philips

Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. The company operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. It also provides diagnostic imaging solutions, includes magnetic resonance imaging, X-ray systems, and computed tomography (CT) systems and software comprising detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; echography solutions focused on diagnosis, treatment planning and guidance for cardiology, general imaging, obstetrics/gynecology, and point-of-care applications; integrated interventional systems, and interventional diagnostic and therapeutic devices to treat coronary artery and peripheral vascular disease.