Phillips Edison & Co Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $34.84
- Today's High:
- $35.11
- Open Price:
- $34.95
- 52W Low:
- $26.2219
- 52W High:
- $36.3619
- Prev. Close:
- $35.05
- Volume:
- 495583
Company Statistics
- Market Cap.:
- $4.48 billion
- Book Value:
- 18.777
- Revenue TTM:
- $593.89 million
- Operating Margin TTM:
- 24.02%
- Gross Profit TTM:
- $412.15 million
- Profit Margin:
- 9.39%
- Return on Assets TTM:
- 1.89%
- Return on Equity TTM:
- 2.43%
Company Profile
Phillips Edison & Co Inc had its IPO on 2021-07-15 under the ticker symbol PECO.
The company operates in the Real Estate sector and REIT-Retail industry. Phillips Edison & Co Inc has a staff strength of 290 employees.
Stock update
Shares of Phillips Edison & Co Inc opened at $34.95 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $34.84 - $35.11, and closed at $35.04.
This is a -0.03% slip from the previous day's closing price.
A total volume of 495,583 shares were traded at the close of the day’s session.
In the last one week, shares of Phillips Edison & Co Inc have increased by +2.79%.
Phillips Edison & Co Inc's Key Ratios
Phillips Edison & Co Inc has a market cap of $4.48 billion, indicating a price to book ratio of 1.6929 and a price to sales ratio of 7.5443.
In the last 12-months Phillips Edison & Co Inc’s revenue was $593.89 million with a gross profit of $412.15 million and an EBITDA of $374.34 million. The EBITDA ratio measures Phillips Edison & Co Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Phillips Edison & Co Inc’s operating margin was 24.02% while its return on assets stood at 1.89% with a return of equity of 2.43%.
In Q2, Phillips Edison & Co Inc’s quarterly earnings growth was a positive 4% while revenue growth was a positive 6.8%.
Phillips Edison & Co Inc’s PE and PEG Ratio
- Forward PE
- 24.9377
- Trailing PE
- 72.5319
- PEG
Its diluted EPS in the last 12-months stands at $0.47 per share while it has a forward price to earnings multiple of 24.9377 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Phillips Edison & Co Inc’s profitability.
Phillips Edison & Co Inc stock is trading at a EV to sales ratio of 10.0036 and a EV to EBITDA ratio of 16.8792. Its price to sales ratio in the trailing 12-months stood at 7.5443.
Phillips Edison & Co Inc stock pays annual dividends of $1.113 per share, indicating a yield of 3.31% and a payout ratio of 79.4%.
Balance sheet and cash flow metrics
- Total Assets
- $4.74 billion
- Total Liabilities
- $119.89 million
- Operating Cash Flow
- $-15585000.00
- Capital Expenditure
- $23.74 million
- Dividend Payout Ratio
- 79.4%
Phillips Edison & Co Inc ended 2024 with $4.74 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.74 billion while shareholder equity stood at $2.21 billion.
Phillips Edison & Co Inc ended 2024 with $21.70 million in deferred long-term liabilities, $119.89 million in other current liabilities, 1174000.00 in common stock, $-1204714000.00 in retained earnings and $29.07 million in goodwill. Its cash balance stood at $5.56 million and cash and short-term investments were $5.56 million. The company’s total short-term debt was $168,000,000 while long-term debt stood at $1.95 billion.
Phillips Edison & Co Inc’s total current assets stands at $9.92 million while long-term investments were $4.50 billion and short-term investments were $8.50 million. Its net receivables were $101.77 million compared to accounts payable of $98.19 million and inventory worth $0.
In 2024, Phillips Edison & Co Inc's operating cash flow was $-15585000.00 while its capital expenditure stood at $23.74 million.
Comparatively, Phillips Edison & Co Inc paid $0.79 in dividends in 2024.
Other key metrics
- Current Trading Price
- $35.04
- 52-Week High
- $36.3619
- 52-Week Low
- $26.2219
- Analyst Target Price
- $35.14
Phillips Edison & Co Inc stock is currently trading at $35.04 per share. It touched a 52-week high of $36.3619 and a 52-week low of $36.3619. Analysts tracking the stock have a 12-month average target price of $35.14.
Its 50-day moving average was $34.59 and 200-day moving average was $32.27 The short ratio stood at 7.8 indicating a short percent outstanding of 0%.
Around 48.2% of the company’s stock are held by insiders while 7236.8% are held by institutions.
Frequently Asked Questions About Phillips Edison & Co Inc
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About
Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of omni-channel grocery-anchored shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2023, PECO managed 294 shopping centers, including 274 wholly-owned centers comprising 31.4 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.