Over the last 9-day stretch, shares of The Progressive Corporation (NYSE: PGR) were observed to exhibit a Historic Volatility measurement of 31.90%. That figure, when expanded to look at the past 100 days, PGR goes up to 29.16%. In the last 5 days, this stock’s average daily volume is shown as 4,658,600 shares per day, which is higher than the average of 3,453,265 shares per day as measured over the last 100 days. Moving on to look at the price, the movement in the past 5 days was +0.58, while this stock’s price moved -8.95% lower in the past 100 days.
One commonly-used way of evaluating the strength of an investment is by looking at its present value in relation to its 52-week price range. As observed at the end of this trading day, this particular company’s stock showed a significantly higher volume than its 3-month daily average of 3.45M shares per day. On December 6th, 2018, volume rose to about 4,203,043 transactions. During the trading period, the first transaction completed was recorded at $64.83 per share, which has gone up by 0.31% by closing bell when the final transaction of the day was recorded at 63.66. At the moment, this stock’s 52-week high is $73.69 and its 52-week low is $50.79.
Looking back a year, this company managed to produce a trailing 12-month revenue that amounted to 31.04B. Bearing that in mind, this company is experiencing top-line progress, as its year-over-year quarterly revenue has grown by 25.10%. This company’s current market capitalization is 37.78B.
Does Phillips 66 show signs of being a good investment? Let’s take a glance at what some top market experts are saying in regards to this particular stock. For shares of Phillips 66 (NYSE: PSX), there are currently ratings available from 12 different stock market analysts who have all given their professional opinions. On average, these analysts currently have a Moderate Buy recommendation with a mean rating of 3.75. This is in comparison to the average recommendation from a month ago, which was a Moderate Buy with an average rating of 3.62. Similarly, the average rating observed 2 months ago was a Hold with the mean numerical rating of 3.38, and the average rating observed 3 months ago was a Moderate Buy with a mean numerical rating of 3.47.
Now how do Wall Street experts characterize this company’s performance as it relates to financials? Taking into consideration its overall profits, Phillips 66 reported earnings of 3.10 for the quarter ending Sep-18. This compares to the average analyst prediction of 2.48, representing a difference of 0.62, and therefore a surprise factor of 25.11. For the financial results of the preceding quarter, the company posted earnings of 2.80, in comparison to the average analyst forecast of 2.19 – representing a difference of 0.61 and a surprise factor of 27.80.
Carrying on with the topic of current price performance, right now Phillips 66 currently has a market capitalization of 43.16B – $466.11M outstanding shares right now. Turning to other widely-considered trading data, this company’s half yearly performance is observed to be negative at -21.15%. The Average True Range for this company’s stock is currently 3.16, and its current Beta is sitting at 0.95.
Let’s now focus our attention on the immediate future: this company’s upcoming financial results reflecting the current quarter’s performance. So far – there have been 7 different Wall Street analysts that have provided investors with their professional projections for Phillips 66 For net profit, these analysts are collectively forecasting an average estimate of $1.87 per share, versus the $1.07 per share reported in the year-ago quarter. The lowest earnings per share prediction was $1.63 per share, with the highest forecast pointing toward $2.05 per share. Compared to the year-ago period, experts are projecting a growth rate of +74.77%.