Koninklijke Philips (PHG) Falls: Stock Goes Down 5.3% – Tale of the Tape

On Jan 27, Koninklijke Philips’ net profits slumped in its fourth quarter 2014 results.

This slump shouldn’t be too much of a surprise to investors, as the electronic products company has seen 1 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

PHG currently has a Zacks Rank #5 (Strong Sell).

A better-ranked stocks in the same sector is Control4 Corporation (CTRL) carrying a Zacks Rank #2 (Buy).

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