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 report released on Monday.
PLDT Price Performance
PLDT stock traded down $0.72 on Monday, reaching $26.74. The company’s stock had a trading volume of 28,538 shares, compared to its average volume of 52,624. The company has a market cap of $5.78 billion, a price-to-earnings ratio of 8.91, a PEG ratio of 1.41 and a beta of 0.67. 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 business’s fifty day moving average price is $26.94 and its 200 day moving average price is $25.29.
PLDT (NYSE:PHI – Get Free Report) last released its quarterly earnings data on Tuesday, August 13th. The technology company reported $0.67 EPS for the quarter. The business had revenue of $923.00 million during the quarter. PLDT had a return on equity of 21.49% and a net margin of 12.33%. Equities analysts expect that PLDT will post 2.76 earnings per share for the current fiscal year.
Institutional Investors 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.
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