Yahoo Finance Why Royal Philips (PHG) is a Top Value Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Royal Philips (PHG)
Headquartered in Amsterdam, The Netherlands, Koninklijke Philips N.V. is the parent company of the Philips Group.
PHG is a Zacks Rank #2 (Buy) stock, with a Value Style Score of A and VGM Score of A. Shares are currently trading at a forward P/E of 17.2X for the current fiscal year compared to the Medical - Products industry's P/E of 21.6X. Additionally, PHG has a PEG Ratio of 1.4 and a Price/Cash Flow ratio of 9.4X. Value investors should also note PHG's Price/Sales ratio of 1.3X.
A company's earnings performance is important for value investors as well. For fiscal 2024, one analyst revised their earnings estimate higher in the last 60 days for PHG, while the Zacks Consensus Estimate has increased $0.00 to $1.54 per share. PHG also holds an average earnings surprise of 47.4%.
Investors should take the time to consider PHG for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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Koninklijke Philips N.V. (PHG) : Free Stock Analysis Report
