Koninklijke Philips (PHG) Earning Somewhat Positive Press Coverage, Study Shows
Media coverage about Koninklijke Philips (NYSE:PHG) has trended somewhat positive this week, Accern reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Koninklijke Philips earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.4460824540831 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 media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Koninklijke Philips NV (PHG) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- European Society of Cardiology incorporates iFR technology into updated guidelines for revascularization (finance.yahoo.com)
- Next Generation Cancer Diagnostics 2018 Market Estimation, Dynamics, Outllook, Research, Trends and Forecasts to … (digitaljournal.com)
- Telemedicine market is expected to grow at a CAGR of 16.8% | By Service Type, Component, Deployment, Application … (medgadget.com)
- Medical Oxygen Concentrators Market Emerging Trend Analysis of Invacare, Koninklijke Philips NV Philips Healthcare … (newszak.com)
PHG has been the topic of several research reports. ValuEngine raised Koninklijke Philips from a “hold” rating to a “buy” rating in a report on Monday, July 2nd. Zacks Investment Research raised Koninklijke Philips from a “sell” rating to a “hold” rating in a report on Monday, May 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $48.00.
Koninklijke Philips (NYSE:PHG) last posted its quarterly earnings data on Monday, July 23rd. The technology company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.15). Koninklijke Philips had a return on equity of 7.81% and a net margin of 7.30%. The firm had revenue of $4.29 billion for the quarter, compared to analyst estimates of $4.35 billion. During the same period in the prior year, the company posted $0.27 EPS. The firm’s quarterly revenue was down .1% compared to the same quarter last year. analysts expect that Koninklijke Philips will post 1.85 earnings per share for the current year.
Koninklijke Philips Company Profile
Koninklijke Philips N.V. operates as a health technology company worldwide. The company offers mother and child care, and oral healthcare products; male grooming and beauty products; kitchen appliance, coffee, air, garment care, and floor care products; and sleep, respiratory care, and respiratory drug delivery products.
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