In the latest close session, Phillips 66 (PSX) was down 3.3% at $126.76. This change lagged the S&P 500's daily loss of 2.71%. Meanwhile, the Dow lost 1.9%, and the Nasdaq, a tech-heavy index, lost 3.56%.
Coming into today, shares of the oil refiner had lost 1.08% in the past month. In that same time, the Oils-Energy sector gained 2.1%, while the S&P 500 gained 3.5%.
The investment community will be closely monitoring the performance of Phillips 66 in its forthcoming earnings report. The company is scheduled to release its earnings on October 29, 2025. The company's upcoming EPS is projected at $2.07, signifying a 1.47% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $29.95 billion, showing a 17.17% drop compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.18 per share and a revenue of $128.52 billion, indicating changes of -15.77% and -11.67%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Phillips 66. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 6.27% higher. As of now, Phillips 66 holds a Zacks Rank of #3 (Hold).
In terms of valuation, Phillips 66 is presently being traded at a Forward P/E ratio of 25.32. This valuation marks a premium compared to its industry average Forward P/E of 16.26.
Meanwhile, PSX's PEG ratio is currently 1.92. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Oil and Gas - Refining and Marketing industry was having an average PEG ratio of 1.55.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 36, putting it in the top 15% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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Phillips 66 (PSX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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