PLDT (NYSE:PHI – Get Free Report) was downgraded by stock analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued on Monday.
PLDT Stock Down 2.6 %
NYSE PHI traded down $0.72 during trading hours on Monday, hitting $26.74. 28,538 shares of the company traded hands, compared to its average volume of 52,624. The business’s 50-day moving average is $26.94 and its 200-day moving average is $25.29. PLDT has a twelve month low of $20.27 and a twelve month high of $30.39. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.32 and a current ratio of 0.33. The stock has a market capitalization of $5.78 billion, a price-to-earnings ratio of 8.91, a P/E/G ratio of 1.41 and a beta of 0.67.
PLDT (NYSE:PHI – Get Free Report) last announced its earnings results on Tuesday, August 13th. The technology company reported $0.67 earnings per share for the quarter. PLDT had a return on equity of 21.49% and a net margin of 12.33%. The company had revenue of $923.00 million for the quarter. Sell-side analysts anticipate that PLDT will post 2.76 earnings per share for the current year.
Hedge Funds Weigh In On PLDT
PLDT Company Profile
PLDT Inc provides telecommunications and digital services in the Philippines. The company operates through three segments: Wireless, Fixed Line, and Others. It offers cellular mobile, Internet broadband distribution, operations support, software development, and satellite information and messaging services; and sells Wi-Fi access equipment.
Featured Articles
- Five stocks we like better than PLDT
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- TJX Stock: A Buying Opportunity Before the Holiday Rush
- Using the MarketBeat Dividend Tax Calculator
- Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth
Receive News & Ratings for PLDT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PLDT and related companies with MarketBeat.com's FREE daily email newsletter.