$1.27 EPS Expected for Phillips 66 (PSX); Cubic (CUB) Shorts Lowered By 5.6%

January 18, 2018 - By Adrian Mccoy

Analysts expect Phillips 66 (NYSE:PSX) to report $1.27 EPS on February, 2.They anticipate $1.11 EPS change or 693.75% from last quarter’s $0.16 EPS. PSX’s profit would be $649.62M giving it 20.90 P/E if the $1.27 EPS is correct. After having $1.66 EPS previously, Phillips 66’s analysts see -23.49% EPS growth. The stock increased 2.57% or $2.66 during the last trading session, reaching $106.16. About 2.33 million shares traded or 35.90% up from the average. Phillips 66 (NYSE:PSX) has risen 0.77% since January 18, 2017 and is uptrending. It has underperformed by 15.93% the S&P500.

Cubic Corporation (NYSE:CUB) had a decrease of 5.6% in short interest. CUB’s SI was 1.43M shares in January as released by FINRA. Its down 5.6% from 1.51 million shares previously. With 297,000 avg volume, 5 days are for Cubic Corporation (NYSE:CUB)’s short sellers to cover CUB’s short positions. The SI to Cubic Corporation’s float is 5.72%. The stock decreased 1.22% or $0.75 during the last trading session, reaching $60.75. About 131,610 shares traded. Cubic Corporation (NYSE:CUB) has risen 14.76% since January 18, 2017 and is uptrending. It has underperformed by 1.94% the S&P500.

Among 9 analysts covering Cubic Corporation (NYSE:CUB), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Cubic Corporation had 21 analyst reports since September 17, 2015 according to SRatingsIntel. Canaccord Genuity maintained it with “Buy” rating and $5000 target in Thursday, August 10 report. Canaccord Genuity maintained Cubic Corporation (NYSE:CUB) rating on Friday, October 27. Canaccord Genuity has “Buy” rating and $55.0 target. On Thursday, August 10 the stock rating was upgraded by JP Morgan to “Overweight”. The firm has “Hold” rating by J.P. Morgan given on Monday, November 27. Canaccord Genuity initiated the shares of CUB in report on Wednesday, June 8 with “Buy” rating. The rating was initiated by BB&T Capital on Tuesday, October 20 with “Buy”. JP Morgan downgraded Cubic Corporation (NYSE:CUB) on Monday, November 27 to “Neutral” rating. Needham maintained the stock with “Buy” rating in Friday, March 24 report. The stock of Cubic Corporation (NYSE:CUB) earned “Buy” rating by Benchmark on Wednesday, November 25. The firm has “Buy” rating given on Friday, October 14 by Needham.

Cubic Corporation provides systems and solutions for the transportation and defense markets in the United States and internationally. The company has market cap of $1.65 billion. It operates through three divisions: Cubic Transportation Systems , Cubic Global Defense Systems (CGD Systems), and Cubic Global Defense Services (CGD Services). It currently has negative earnings. The CTS segment provides fare collection and revenue management devices, software, systems and multiagency, multimodal integration technologies, and operational services for transportation authorities and operators.

Investors sentiment increased to 1.84 in Q3 2017. Its up 0.53, from 1.31 in 2017Q2. It increased, as 11 investors sold Cubic Corporation shares while 34 reduced holdings. 29 funds opened positions while 54 raised stakes. 24.06 million shares or 1.57% more from 23.68 million shares in 2017Q2 were reported. Moreover, State Of Wisconsin Invest Board has 0.02% invested in Cubic Corporation (NYSE:CUB). Tiaa Cref Inv Lc, a New York-based fund reported 66,415 shares. Barclays Public Ltd reported 1,732 shares or 0% of all its holdings. Sg Americas Limited Liability Com has invested 0.01% of its portfolio in Cubic Corporation (NYSE:CUB). Pub Sector Pension Board holds 15,812 shares or 0% of its portfolio. Price T Rowe Assocs Inc Md holds 0% or 412,761 shares in its portfolio. Granite Partners Ltd Limited Liability Company, a California-based fund reported 301,266 shares. Horizon Kinetics Limited Liability Company invested in 0.02% or 13,369 shares. Great West Life Assurance Communications Can reported 285,306 shares. Credit Suisse Ag has 0% invested in Cubic Corporation (NYSE:CUB) for 37,464 shares. Blackrock accumulated 4.09M shares. Wells Fargo Mn holds 0% or 95,916 shares in its portfolio. Arizona State Retirement Sys has invested 0.01% in Cubic Corporation (NYSE:CUB). Piedmont Invest Advsrs Ltd Liability Corporation has 5,436 shares for 0.01% of their portfolio. Moreover, Renaissance Techs Ltd Llc has 0.01% invested in Cubic Corporation (NYSE:CUB) for 175,400 shares.

Among 18 analysts covering Phillips 66 (NYSE:PSX), 8 have Buy rating, 2 Sell and 8 Hold. Therefore 44% are positive. Phillips 66 had 64 analyst reports since August 4, 2015 according to SRatingsIntel. Goldman Sachs downgraded Phillips 66 (NYSE:PSX) on Monday, November 23 to “Sell” rating. The firm has “Neutral” rating by Credit Suisse given on Monday, November 2. The stock has “Hold” rating by RBC Capital Markets on Friday, April 21. The firm has “Underweight” rating given on Tuesday, November 14 by Barclays Capital. On Thursday, May 19 the stock rating was initiated by UBS with “Neutral”. The rating was upgraded by Goldman Sachs to “Neutral” on Friday, September 30. The stock of Phillips 66 (NYSE:PSX) earned “Outperform” rating by Credit Suisse on Tuesday, January 26. The rating was maintained by Credit Suisse on Monday, April 11 with “Neutral”. The stock has “Outperform” rating by Credit Suisse on Tuesday, October 27. The stock of Phillips 66 (NYSE:PSX) earned “Market Perform” rating by Wells Fargo on Friday, July 8.

Phillips 66 operates as an energy manufacturing and logistics company. The company has market cap of $54.30 billion. It operates through four divisions: Midstream, Chemicals, Refining, and Marketing and Specialties . It has a 26.78 P/E ratio. The Midstream segment gathers, processes, transports, and markets natural gas; transports, stores, fractionates, and markets natural gas liquids in the United States; and stores, refrigerates, and exports liquefied petroleum gas (LPG) primarily to Asia and Europe.

Investors sentiment increased to 0.92 in 2017 Q3. Its up 0.07, from 0.85 in 2017Q2. It improved, as 40 investors sold Phillips 66 shares while 369 reduced holdings. 94 funds opened positions while 282 raised stakes. 353.24 million shares or 0.95% more from 349.91 million shares in 2017Q2 were reported. Harbour Inv Mngmt owns 20,158 shares or 1.29% of their US portfolio. Lawson Kroeker Mngmt Ne holds 0.1% or 3,489 shares in its portfolio. Atlantic Gp Lc accumulated 0.02% or 37,190 shares. Private Advisor Group Limited Liability Company reported 36,392 shares. Ipswich holds 0.15% or 3,705 shares in its portfolio. Fca Tx reported 0.63% in Phillips 66 (NYSE:PSX). Jarislowsky Fraser stated it has 0% of its portfolio in Phillips 66 (NYSE:PSX). Wedgewood Investors Incorporated Pa invested 0.36% in Phillips 66 (NYSE:PSX). First Personal Financial reported 401 shares. Ifc Holding Fl invested 0.08% of its portfolio in Phillips 66 (NYSE:PSX). Savings Bank Of Hawaii invested in 40,752 shares or 0.32% of the stock. 53,569 were reported by Pittenger Anderson. Godshalk Welsh Cap has invested 0.61% of its portfolio in Phillips 66 (NYSE:PSX). Gardner Russo & Gardner Lc stated it has 0% in Phillips 66 (NYSE:PSX). Illinois-based Segall Bryant & Hamill Lc has invested 0.08% in Phillips 66 (NYSE:PSX).

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