Koninklijke Philips N.V. (PHG)

NYSE: PHG · IEX Real-Time Price · USD
14.94
-0.58 (-3.74%)
At close: Sep 27, 2022 4:00 PM
15.00
+0.06 (0.40%)
After-hours: Sep 27, 2022 5:14 PM EDT
-3.74%
Market Cap 13.88B
Revenue (ttm) 19.50B
Net Income (ttm) 3.77B
Shares Out 928.89M
EPS (ttm) 0.43
PE Ratio 34.74
Forward PE 10.02
Dividend $0.96 (6.45%)
Ex-Dividend Date May 12, 2022
Volume 3,247,343
Open 15.30
Previous Close 15.52
Day's Range 14.83 - 15.41
52-Week Range 14.83 - 48.31
Beta 0.91
Analysts Buy
Price Target 25.99 (+74.0%)
Earnings Date Jul 25, 2022

About PHG

Koninklijke Philips N.V. operates as a health technology company in North America and internationally. It operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. The company provides diagnostic imaging solutions, includes magnetic resonance imaging, computed tomography (CT) systems, X-ray systems, and detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; integrated interventional systems; echography solutions focused on diagnos... [Read more...]

Industry Health Care Equipment & Supplies
Founded 1891
CEO Francois van Houten
Employees 78,831
Stock Exchange NYSE
Ticker Symbol PHG
Full Company Profile

Financial Performance

In 2021, PHG's revenue was 17.16 billion, a decrease of -0.91% compared to the previous year's 17.31 billion. Earnings were 3.32 billion, an increase of 179.61%.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for PHG stock is "Buy." The 12-month stock price forecast is 25.99, which is an increase of 73.96% from the latest price.

Price Target
$25.99
(73.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Philips (PHG) to Showcase New Innovations & Cardiac Solutions

Philips (PHG) is launching cardiac solutions to further benefit from its tried-and-tested strategic operational decision to build new products to attract more customers.

1 week ago - Zacks Investment Research

PHILIPS SONICARE ANNOUNCES MARSAI MARTIN AS FIRST EVER COME BACK COACH

New partnership aims to empower confident, bright smiles with Philips One by Sonicare. STAMFORD, Conn.

1 week ago - PRNewsWire

Dutch shareholders threaten to sue Philips over recall -media

Dutch shareholders association VEB is threatening to take Philips to court over its handling of a worldwide recall of respiratory machines, claiming it caused billions in losses by giving incorrect info...

2 weeks ago - Reuters

Philips (PHG) Expands Partnership to Build Angio CT Solution

Philips (PHG) is building the world's first spectral detector angio CT solution by forging an alliance with the Leiden University Medical Center.

2 weeks ago - Zacks Investment Research

Paris prosecution office investigates Philips ventilators

A department of the Paris prosecution office has opened a preliminary criminal investigation linked to faulty Philips ventilators in June, the office said on Thursday, confirming a French media report.

2 weeks ago - Reuters

French prosecutors probe Philips respirator recall, France Info reports

The Paris Prosecutor's Office has opened a preliminary investigation into a respiratory devices recall by Dutch medical device maker Philips, French media outlet France Info reported on Thursday.

2 weeks ago - Reuters

Philips (PHG) Alerts Users of Health Hazards of Therapy Masks

Philips (PHG) cautions customers against health hazards faced by the users of CPAP or Bi-Level PAP therapy masks with magnetic headgear.

2 weeks ago - Zacks Investment Research

Philips subsidiary to pay over $24 million for alleged false claims for medical equipment

A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resolve alleged false claims over respiratory-related medical equipment, the U.S. Justice Department said on Thur...

3 weeks ago - Reuters

Philips expands respiratory devices recall on possible plastic contamination

Dutch medical device maker Philips said on Monday it has expanded an earlier recall of some respiratory machines to a total of 1,700 devices globally due to possible contamination of a plastic component...

4 weeks ago - Reuters

Explainer-What is the impact of Philips' recall of sleep apnea devices?

A massive recall of Philips breathing devices in 2021 due to a risk of potential injury has left physicians scrambling to find alternatives for the growing number of people who use them.

1 month ago - Reuters

FDA says faulty Philips device reports accelerating as CEO departs

The U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep apnea machines had risen in the past quarter, underlining problems facing the Dutch company, which has ju...

1 month ago - Reuters

Philips says CEO Van Houten to leave in October

Dutch health technology company Philips on Tuesday unexpectedly announced that Chief Executive Officer Frans van Houten would be replaced with company insider Roy Jakobs on October 15.

1 month ago - Reuters

Philips announces CEO succession

August 16, 2022

1 month ago - GlobeNewsWire

Philips Norelco and Scott Cole, the Preeminent Voice of Esports, Partner to Help Esports Athletes Look and Feel Their...

Partnership inspires gamers to use Philips Norelco OneBlade to shape, shave and show up as their best selves STAMFORD, Conn. , Aug. 4, 2022 /PRNewswire/ -- Today, Philips, a global leader in health tech...

1 month ago - PRNewsWire

Two-Minute Drill: PHG & UCG-IT

Ellen Lee, Causeway Capital portfolio manager, joins ‘Closing Bell Overtime' to discuss her take on Phillips Electronics and UniCredit.

1 month ago - CNBC Television

Philips' (PHG) Q2 Earnings Down on Supply Chain Constraints

Koninklijke Philips' (PHG) Q2 top and bottom-line results reflect the negative impact of supply chain constraints and COVID lockdowns in China.

2 months ago - Zacks Investment Research