PLDT Inc (NYSE: PHI) has benefited from exceptional positive changes in investment behavior: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Recent meaningful positive changes in fundamentals have benefitted PLDT Inc (NYSE: PHI): the consensus estimate for December, 2024 increased significantly, and the consensus estimate for December, 2023 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PHI is expected to continue to be a major Value Builder.
PLDT has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. PLDT has a neutral Appreciation Score of 48 and a slightly positive Power Rating of 64, leading to the Neutral Value Trend Rating.
Recent Price Action
PLDT Inc (NYSE: PHI) stock declined slightly by -1.0% on 12/4/23. The stock closed at $22.86. However, below average trading volume at 70% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -1.2% during the last week.
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