Koninklijke Philips N.V. (PHG)

NYSE: PHG · Real-Time Price · USD
26.31
+0.34 (1.31%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.31%
Market Cap 24.46B
Revenue (ttm) 20.12B
Net Income (ttm) -365.83M
Shares Out 933.27M
EPS (ttm) -0.40
PE Ratio n/a
Forward PE 15.59
Dividend n/a
Ex-Dividend Date n/a
Volume 667,288
Open 26.12
Previous Close 25.97
Day's Range 26.09 - 26.32
52-Week Range 19.49 - 32.91
Beta 0.79
Analysts Hold
Price Target n/a
Earnings Date Oct 28, 2024

About PHG

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 focus... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1891
Employees 69,656
Stock Exchange NYSE
Ticker Symbol PHG
Full Company Profile

Financial Performance

In 2023, Koninklijke Philips's revenue was 18.17 billion, an increase of 1.92% compared to the previous year's 17.83 billion. Losses were -466.00 million, -71.02% less than in 2022.

Financial numbers in EUR Financial Statements

News

Philips unveils next-generation BlueSeal helium-free MRI system, integrated with AI-enabled Smart Reading at #RSNA24

Nov. 21, 2024 Industry's first wide bore, high-performance helium-free [1] 1.5T MR features AI assistance at every step in the MRI workflow, with seamless integration of cloud-based AI image reading a...

1 hour ago - GlobeNewsWire

Australia Air Purifiers Market Analysis by Region, Forecast to 2029 - Featuring Profiles of Leading Players HoMedics, INOVA Air, Philips Electronics, Andatech, Water Filters & More

Dublin, Nov. 15, 2024 (GLOBE NEWSWIRE) -- The "Australia Air Purifiers Market by Region, Competition, Forecast and Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offering...

5 days ago - GlobeNewsWire

Philips Norelco and actor Adam Scott pay tribute to "The King of Beards" this holiday

Partnership continues this holiday season to encourage folks to embrace their personal growth and facial hair looks CAMBRIDGE, Mass. , Nov. 13, 2024 /PRNewswire/ --  Royal Philips  (NYSE: PHG, AEX: PH...

7 days ago - PRNewsWire

Philips Spectral CT 7500 RT, world's first spectral 4DCT respiratory-gated imaging receives FDA 510(k) clearance

November 12, 2024 Designed specifically for use in radiation oncology, new Spectral CT 7500 RT enables personalized radiation therapy planning to deliver better care for more cancer patients Amsterdam...

8 days ago - GlobeNewsWire

Philips enrolls first patient in U.S. clinical trial for innovative integrated single-device to treat peripheral artery disease

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced enrollment of the first patient in the U.S. THOR IDE clinical trial, which will...

16 days ago - GlobeNewsWire

Philips and Aspen Dental launch multi-year Sonicare-brand partnership

Industry leaders collaborate to offer Philips clinically proven tools and resources to Aspen Dental patients, providing better care for more people CAMBRIDGE, Mass. , Oct. 30, 2024 /PRNewswire/ -- Roy...

21 days ago - PRNewsWire

Philips Stock Crashes On China Slump

Philips' Q3 earnings showed flat sales but improved margins, driven by better productivity and pricing, despite weak performance in China. Risks include significant exposure to the Chinese market and ...

22 days ago - Seeking Alpha

Philips to Further Roll Out RATE: AI for Early Infection Detection at U.S. Department of Defense Through Four-Year, $25 Million Contract

CAMBRIDGE, Mass. & WASHINGTON--(BUSINESS WIRE)--Royal Philips (NYSE: PHG, AEX: PHIA) today announced it will accelerate the predictive health monitoring of the Rapid Analysis of Threat Exposure (RATE)...

22 days ago - Business Wire

S&P 500 Moves Higher; Philips Shares Plunge After Q3 Earnings

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 300 points on Monday.

23 days ago - Benzinga

Philips: Looking Undervalued After Q3 Earnings Drop

Philips faces challenges in China, but its overall fundamentals remain strong, with significant growth potential in other markets and segments like cardiovascular and ultrasound. Despite a 17% share p...

23 days ago - Seeking Alpha

Royal Philips (PHG) CEO on Earnings, Healthcare Brands

Roy Jakobs, CEO of Royal Philips, joins Oliver Renick to sift through the company's latest quarterly figures. Shares of PHG (@Philips) tumbled in premarket trading as the company cut its guidance due ...

23 days ago - Schwab Network

Koninklijke Philips N.V. (PHG) Q3 2024 Earnings Call Transcript

Koninklijke Philips N.V. (NYSE:PHG) Q3 2024 Results Conference Call October 28, 2024 5:00 AM ET Company Participants Leandro Mazzoni - Head of Investor Relations Roy Jakobs - Chief Executive Officer ...

23 days ago - Seeking Alpha

Philips Posts Weak Earnings, Joins Clear Channel Outdoor And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Monday.

Other symbols: CCO
23 days ago - Benzinga

Philips Stock Tanks on Outlook Cut as Demand Deteriorates in China

American depositary receipts (ADRs) of Koninklijke Philips (PHG) are tumbling more than 15% in premarket trading Monday after the Dutch conglomerate cut its 2024 sales outlook amid a "significant dete...

23 days ago - Investopedia

Dutch Health Tech Firm Philips' Q3 Earnings Miss Expectations, Lowers Annual Forecasts On Weak Demand In China

On Monday, Koninklijke Philips NV PHG reported third-quarter adjusted EPS of 0.32 euros (or $0.35), missing the consensus of 0.35 euros.

23 days ago - Benzinga

China's Weak Economy Is Weighing on Stocks. Philips Is the Latest to Suffer.

It's a reminder of how sluggish demand in the world's second-largest economy could cause problems for the likes of Starbucks and Marriott.

24 days ago - Barrons

Philips shares slide as company blames China for lowered sales outlook

Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.

24 days ago - Market Watch

'We need to adjust to a new speed of growth in China,' Philips CEO says

Roy Jakobs, CEO of Philips, discusses the health care device maker's third-quarter results.

24 days ago - CNBC International TV

Philips cuts annual sales outlook as China demand deteriorates

Philips said on Monday that demand in China slumped significantly in recent months, forcing the Dutch medical devices maker to lower its sales outlook for the year.

24 days ago - Reuters

Philips delivers strong margin improvement; flat comparable sales due to further deteriorated demand in China; growth in rest of world

October 28, 2024 Third-quarter highlights Group sales amounted to EUR 4.4 billion, with flat comparable sales growth Income from operations was EUR 337 million Adjusted EBITA margin increased by 160 b...

24 days ago - GlobeNewsWire

Philips and Medtronic advocacy partnership aims to help accelerate access to life-saving treatments

October 24, 2024 Both companies also join the newly established World Stroke Organization Advocacy Coalition Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in healt...

27 days ago - GlobeNewsWire

Undercovered Dozen: KinderCare Learning, Xeris Biopharma, Generac, Philips +

The 'Undercovered' Dozen highlights 12 lesser-covered stocks from October 4th - 10th, aiming to inspire discussion and provide investment ideas. WW International's pivot to GLP-1 medications raises co...

Other symbols: GNRCKLCXERS
5 weeks ago - Seeking Alpha

Philips: Moving Out Of Intensive Care

Philips has transformed into a healthcare technology company but faces challenges from a massive respirator recall impacting reputation, sales, and stock valuation. Despite past struggles, Philips is ...

6 weeks ago - Seeking Alpha

OMNIVISION Partners with Philips on Industry's First In-Cabin Driver Health Monitoring Automotive Solution

BARCELONA, Spain--(BUSINESS WIRE)-- #InfiniteIngenuity--OMNIVISION, a leading global developer of semiconductor solutions, including advanced digital imaging, analog and touch & display technology, an...

6 weeks ago - Business Wire

Siloam Hospitals Group and Philips sign AI capability MoU to support Indonesia's healthcare transformation strategy

October 7, 2024 Jakarta, Indonesia and Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Siloam Hospitals Group, Indonesia's leading private ...

6 weeks ago - GlobeNewsWire