PLDT (NYSE:PHI) Cut to “Buy” at StockNews.com

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 [...]

featured-image

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 ( Get Free Report ) 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 What is the Dow Jones Industrial Average (DJIA)? TJX Stock: A Buying Opportunity Before the Holiday Rush Compound Interest and Why It Matters When Investing Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge What Do S&P 500 Stocks Tell Investors About the Market? 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 .

.