Potential Investors often look for key drivers that can move a stock in a positive direction. One of those is sales growth. Phillips 66 Partners LP (NYSE:PSXP) of the Oil Equipment & Services sector, witnessed sales growth of 0.16667 year over year. The firm has a traded value of 18822 and has its headquarters in United States of America.
Amateur investors can sometimes become overwhelmed by the speed and volatility of the stock market. Often times, avoiding big mistakes early on can be the difference between staying in the game or being prematurely forced to the sidelines. One of the biggest mistakes that a new investor can make is not creating a realistic plan. A well-crafted plan will generally include risk tolerance, time horizon, and amount and frequency of investments. Having a clear plan for attaining goals can help the investor stay focused when the terrain gets rocky. Another common mistake for investors is buying high and selling low. Of course, everybody preaches the buy low sell high mantra, but it is much easier said than done. Getting caught up in the day to day market swings can lead the investor to do just the opposite and become a hot stock chaser instead of a disciplined decision maker.
Phillips 66 Partners LP (NYSE:PSXP) closed the recent session at 49.160000 with a market value of $6086559.
Looking at stock market performance over the last few months, new investors may be worried that they might have missed out on some fantastic opportunities. With so much information and data available, they may not even know where to begin when getting into the stock investing arena. Everybody has to start somewhere, and becoming knowledgeable about the basics may help provide the perfect springboard from which to launch. Starting with the basics may help the investor understand the bigger picture which can then be filtered down into specifics. Because there is no magic formula to achieving success in the stock market, investors may have to explore many different strategies before choosing one to run with.
Turning to some key growth data as decimals. One year cash flow growth ratio is calculated on a trailing 12 months basis and is a one year percentage growth of a firm’s cash flow from operations. This number stands at 0.46623 for Phillips 66 Partners LP (NYSE:PSXP). The one year Growth EBIT ratio stands at 0.24468 and is a calculation of one year growth in earnings before interest and taxes. The one year EBITDA growth number holds at 0.19223 which is calculated similarly to EBIT Growth with just the addition of amortization.
Taking even a further look we note that the 1 year Free Cash Flow (FCF) Growth is at 0.20798. The one year growth in Net Profit after Tax is 0.87500 and lastly sales growth was 0.16667.
Investors may be diving into the latest company earnings reports trying to scope out some quality stocks to add to the portfolio. Nobody knows for sure which way overall market momentum will sway as we near the close of the calendar year. Investors may be getting ready to do a portfolio review to see which stocks are worthy to hold, and which ones have underperformed a may need to be unloaded. Regularly monitoring stock investments may keep the investor ready for any big market changes that may occur.
Phillips 66 Partners LP (NYSE:PSXP) has a current suggested portfolio ownership target rate of 0.03330 (as a decimal) ownership. Target weight is the volatility adjusted recommended position size for a stock in your portfolio. The maximum target weight is 7% for any given stock. The indicator is based off of the 100 day volatility reading and calculates a target weight accordingly. The more recent volatility of a stock, the lower the target weight will be. The 3-month volatility stands at 31.305000 (decimal), the 6-month at 24.411200 and the 12-month at 21.406900. This is the normal returns and standard deviation of the stock price over three months annualized.
Taking look at some key returns and margins data we can note the following: Phillips 66 Partners LP (NYSE:PSXP) has Return on Invested Capital (ROIC) of 0.089655, with a 5-year average of 0.100994 and an ROIC quality score of 0.811132. Why is ROIC important? It’s one of the most fundamental metrics in determining the value of a given stock. It helps potential investors determine if the firm is using it’s invested capital to return profits.
Changing lanes and looking at some Debt ratios, Phillips 66 Partners LP (NYSE:PSXP) has a debt to equity ratio of 0.96851 and a Free Cash Flow to Debt ratio of 0.122177. This ratio provides insight as to how high the firm’s total debt is compared to its free cash flow generated. In terms of Net Debt to EBIT, that ratio stands at 6.02991. This ratio reveals how easily a company is able to pay interest and capital on its net outstanding debt. The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio. Phillips 66 Partners LP’s ND to MV current stands at 0.463645. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.
Active traders are often looking for the next great move to secure profits in the stock market. Traders might be tracking stocks that are primed for a breakout. When a stock suddenly breaks to the upside, it has the potential to bring the optimistic crowd along with it. The breakout may bring in traders who missed out on the beginning of a run trying to capitalize on the back end. The professional trader is typically one who is able to stand out from the crowd. Being able to separate fantasy from reality can mean big profits for the dedicated trader. Impulse buying or selling on good or bad news is common in the stock market. Being able to come to a reasonable conclusion about why stock prices are headed one way and not the other can be a tough proposition. Paying attention to all the headlines may lead some traders down the path of no return if trades are being made strictly on daily news or even perception or that news. Discerning between what is actually driving a stock and what is perceived to be driving a stock may end up being a large factor between future gains and losses in the equity market.