Philips(PHG)

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Dutch Health Tech Firm Philips' Q3 Earnings Miss Expectations, Lowers Annual Forecasts On Weak Demand In China
Benzinga· 2024-10-28 11:19
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. "In the quarter, demand from hospitals and consumers in China further deteriorated, while we continue to see solid growth in other regions. We have adjusted our full-year sales outlook to reflect the continued impact from China," said Roy Jakobs, CEO of Royal Philips. "Within a challenging macro environment, we remain focused on successfully executing our three-year plan t ...
Philips delivers strong margin improvement; flat comparable sales due to further deteriorated demand in China; growth in rest of world
GlobeNewswire News Room· 2024-10-28 06:00
October 28, 2024 Third-quarter highlights Group sales amounted to EUR 4.4 billion, with flat comparable sales growthIncome from operations was EUR 337 millionAdjusted EBITA margin increased by 160 basis points from 10.2% to 11.8% of salesOperating cashflow of EUR 192 million, with a free cashflow of EUR 22 millionComparable order intake decreased by 2%, due to decline in ChinaOutlook for full-year 2024 revised to reflect deteriorated demand in China: comparable sales growth within an updated range 0.5%-1.5 ...
Are Investors Undervaluing Koninklijke Philips (PHG) Right Now?
ZACKS· 2024-10-25 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...
Here's Why Royal Philips (PHG) is a Strong Momentum Stock
ZACKS· 2024-10-24 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...
PHG or RMD: Which Is the Better Value Stock Right Now?
ZACKS· 2024-10-11 16:46
Investors with an interest in Medical - Products stocks have likely encountered both Royal Philips (PHG) and ResMed (RMD) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our ...
Philips: Moving Out Of Intensive Care
Seeking Alpha· 2024-10-09 16:08
A few days ago, I read an interview with the CEO of Koninklijke Philips N.V. (NYSE: PHG ) on Bloomberg about how it was incorporating AI into all its healthcare business lines/products. That sparked my curiosity. I really did not Experience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely enjoy learning and applying my ...
Why Royal Philips (PHG) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-10-08 14:55
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A being the highest score [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - Evaluates stocks based on projected and historical earnings, sales, and cash flow to identify sustainable growth opportunities [4] Momentum Score - Assesses stocks based on price trends and earnings outlook, helping investors capitalize on upward or downward price movements [4] VGM Score - Combines the three Style Scores to provide a comprehensive rating, highlighting stocks with attractive value, growth potential, and positive momentum [5] Zacks Rank Integration - The Zacks Rank utilizes earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988 [6][7] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal investment potential [8] Earnings Estimate Revisions - The direction of earnings estimate revisions is crucial; stocks with lower Zacks Ranks but high Style Scores may still face downward price pressure [9] Company Spotlight: Koninklijke Philips N.V. (PHG) - Koninklijke Philips N.V. is rated 2 (Buy) on the Zacks Rank, with a VGM Score of A and a Momentum Style Score of B, indicating strong performance [10] - For fiscal 2024, the Zacks Consensus Estimate for PHG has increased by $0.03 to $1.59 per share, with an average earnings surprise of 53.7% [11]
Are You Looking for a Top Momentum Pick? Why Royal Philips (PHG) is a Great Choice
ZACKS· 2024-10-07 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...
Siloam Hospitals Group and Philips sign AI capability MoU to support Indonesia's healthcare transformation strategy
GlobeNewswire News Room· 2024-10-07 08:00
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 healthcare provider, have signed a Memorandum of Understanding (MoU) to advance AI capabilities and development in the healthcare sector in Indonesia. The strategic collaboration, in partnership with the Universitas Pelita Harapan (UPH) Medical Sciences Group, will focus on capacity building, knowledge sharing, ...
Pioneering hospitals take major steps towards decarbonizing healthcare with Philips
GlobeNewswire News Room· 2024-10-03 09:15
October 3, 2024 Philips helps healthcare organizations worldwide assess and mitigate their environmental impact while enabling better care and better care outcomes for more patients at lower cost Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced significant greenhouse gas (GHG) emissions reduction results following collaboration with customers worldwide to assess and mitigate their carbon footprints, while also enhancing patient care and ...