Analysts estimate for 2023 rising sales Philips, quite high dividend

Next Monday the Dutch Philips will publish its past quarters figures. Over the current book year the total revenu from the company based in will be 18.17 billion euros (consensus estimates). This is slightly more than 2022's revenue of 17.83 billion euros.

Historical revenues and results Philips plus estimates 2023

The analysts expect for 2023 a net profit of 922 million euros. Most of the analysts anticipate on a profit per share of 1.02 euros. Based on this the price/earnings-ratio is 16.67.

Huge dividend Philips

Per share the analysts expect a dividend of 84 cents per share. Thus the dividend yield equals 4.94 percent. The average dividend yield of the electronics companies is a relatively high 3.17 percent.

Latest estimates around 13 euros

The most recent recommendations for the electronics company are from JP Morgan, Sanford C. Bernstein & Co and Deutsche Bank .

Based on the current number of shares Philips 's market capitalization equals 14.79 billion euros.

Historical stock prices Philips from 2007 till 2023

At 11.32 the stock trades 0 percent lower at 17 euros.

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