News stories about Koninklijke Philips (NYSE:PHG) have been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Koninklijke Philips earned a news impact score of 0.21 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.0042039834739 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

A number of equities research analysts have issued reports on the stock. J P Morgan Chase & Co downgraded shares of Koninklijke Philips from an “overweight” rating to a “neutral” rating in a research note on Thursday, November 9th. Zacks Investment Research downgraded shares of Koninklijke Philips from a “hold” rating to a “sell” rating in a research note on Thursday, October 26th. Citigroup reiterated a “buy” rating on shares of Koninklijke Philips in a research note on Tuesday, October 24th. Finally, BNP Paribas downgraded shares of Koninklijke Philips from an “outperform” rating to a “neutral” rating in a research note on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $41.50.

Koninklijke Philips (PHG) traded down $0.15 on Tuesday, hitting $38.28. 567,700 shares of the stock were exchanged, compared to its average volume of 1,580,703. Koninklijke Philips has a one year low of $28.71 and a one year high of $42.35. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 0.34. The firm has a market cap of $36,003.57, a P/E ratio of 28.47, a P/E/G ratio of 3.75 and a beta of 1.38.

Koninklijke Philips (NYSE:PHG) last posted its quarterly earnings results on Monday, October 23rd. The technology company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.04). Koninklijke Philips had a net margin of 6.67% and a return on equity of 7.19%. The company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the previous year, the business posted $0.40 earnings per share. The company’s revenue for the quarter was down 29.7% on a year-over-year basis. equities analysts predict that Koninklijke Philips will post 1.37 earnings per share for the current fiscal year.

In other news, major shareholder Philips Nv Koninklijke sold 3,334,586 shares of the firm’s stock in a transaction that occurred on Wednesday, October 11th. The shares were sold at an average price of $1.50, for a total value of $5,001,879.00. Following the sale, the insider now directly owns 29,693,444 shares in the company, valued at approximately $44,540,166. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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Koninklijke Philips Company Profile

Koninklijke Philips N.V. is the Netherlands-based health technology company. The Company’s segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items. The Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease.

Insider Buying and Selling by Quarter for Koninklijke Philips (NYSE:PHG)

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