These 2 Are Better Options Today: Phillips 66 (PSX), ConocoPhillips (COP)

It is expected that in Dec 2018 quarter, Phillips 66 (NYSE:PSX) will have an EPS of $1.87, while that of Mar 2019 is projected at $1.79. It means that there could be a 74.77% and 72.12% growth in the two quarters respectively. Yearly earnings are expected to rise by 101.6% to about $8.83. As for the coming year, growth will be about 9.85%, lifting earnings to $9.7. RSI after the last trading period was 38.8. PSX recorded a change of -0.03% over the past week and returned -20.65% over the last three months while the PSX stock’s monthly performance revealed a shift in price of -7.88%. The year to date (YTD) performance stands at -8.45%, and the bi-yearly performance specified an activity trend of -21.15% while the shares have moved -5.77% for the past 12 months.

PSX’s EPS was $3.1 as reported for the September quarter. In comparison, the same quarter a year ago had an EPS of $1.66. That means that its growth in general now stands at 87%. Therefore, a prediction of $2.48 given by the analysts brought a positive surprise of 25%. PSX Sep 18 quarter revenue was $30.59 billion, compared to $26.21 billion recorded in same quarter last year, giving it a 17% growth rate. The company’s $4.38 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Phillips 66 (PSX) currently trades at $92.6, which is higher by 1.31% its previous price. It has a total of 466.11 million outstanding shares, with an ATR of around 3.16. The company’s stock volume rose to 4.15 million, better than 2.99 million that represents its 50-day average. A 5-day decrease of about -0.03% in its price means PSX is now -8.45% lower on year-to-date. The shares have surrendered $43334.4 since its $123.97 52-week high price recorded on 7th of August 2018. Overall, it has seen a growth rate of -5.77 over the last 12 months. The current price per share is $3.61 above the 52 week low of $88.99 set on 23rd of November 2018.

9 analysts out of 18 Wall Street brokerage firms rate PSX stock as a Buy, while 0 see it as a Sell. The rest 9 describe it as a Hold. The stock traded higher to an intra-day high of $92.68. At one point in session, its potential discontinued and the price was down to lows at $89.07. Analysts have set PSX’s consensus price at $126.22, effectively giving it a 36.31% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $140 (up 51.19% from current price levels). PSX has a 28.2% ROE, higher than the 12.98% average for the industry. The average ROE for the sector is 18.9%.

ConocoPhillips (NYSE:COP) shares depreciated -0.46% over the last trading period, taking overall 5-day performance up to 0.39%. PSX’s price now at $66.61 is weaker than the 50-day average of $70.31. Getting the trading period increased to 200 days, the stock price was seen at $67.67 on average. The general public currently hold control of a total of 1.15 billion shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 1.16 billion. The company’s management holds a total of 0.13%, while institutional investors hold about 74.1% of the remaining shares. PSX share price finished last trade 0.73% above its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -1.48%, while closing the session with -5.57% distance from 50 day simple moving average.

ConocoPhillips (COP) shares were last observed trading -16.99% down since October 01, 2018 when the peak of $80.24 was hit. Last month’s price growth of -3.51% puts COP performance for the year now at 21.35%. Consequently, the shares price is trending higher by 33.01%, a 52-week worst price since Dec. 07, 2017. However, it is losing value with -4.13% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $63.54 and $65.08. The immediate resistance area is now $67.38 Williams’s%R (14) for COP moved to 42.54 while the stochastic%K points at 60.28.

COP’s beta is 1.2; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $4.33 per share from its yearly profit to its outstanding shares. Its last reported revenue is $10.17 billion, which was 41% versus $7.2 billion in the corresponding quarter last year. The EPS for Sep 18 quarter came in at $1.36 compared to $0.16 in the year-ago quarter and had represented 750% year-over-year earnings per share growth. COP’s ROA is 8.4%, higher than the 4.97% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 8.07%.

Estimated quarterly earnings for ConocoPhillips (NYSE:COP) are around $1.32 per share in three months through December with $1.27 also the estimate for March quarter of the fiscal year. It means the growth is estimated at 193.33% and 32.29%, respectively. Analysts estimate full-year growth to be 691.67%, the target being $4.75 a share. The upcoming year will see an increase in growth by percentage to 12.42%, more likely to see it hit the $5.34 per share. The firm’s current profit margin over the past 12 months is 16.6%. COP ranks lower in comparison to an average of 17.86% for industry peers; while the average for the sector is 76.94%.