PHI - PLDT Inc.

NYSE - NYSE Delayed Price. Currency in USD
19.89
-0.21 (-1.04%)
At close: 4:02PM EST

19.89 0.00 (0.00%)
After hours: 4:17PM EST

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Previous Close20.10
Open20.04
Bid19.72 x 900
Ask20.57 x 800
Day's Range19.79 - 20.09
52 Week Range19.09 - 25.72
Volume59,252
Avg. Volume131,245
Market Cap4.329B
Beta (5Y Monthly)0.26
PE Ratio (TTM)29.95
EPS (TTM)0.66
Earnings DateN/A
Forward Dividend & Yield1.38 (6.74%)
Ex-Dividend DateAug 22, 2019
1y Target Est20.00
  • Should Value Investors Buy PLDT (PHI) Stock?
    Zacks

    Should Value Investors Buy PLDT (PHI) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Is PLDT (PHI) Stock Undervalued Right Now?
    Zacks

    Is PLDT (PHI) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Duterte Takes On Philippine Elite and Ends Up Even More Popular
    Bloomberg

    Duterte Takes On Philippine Elite and Ends Up Even More Popular

    (Bloomberg) -- President Rodrigo Duterte is cracking down on some of the Philippines’ biggest businesses, pushing a populist agenda that’s endearing him to his supporters while putting off investors.The nation’s stock market has dropped as much as 11% from its 2019 peak and valuation has fallen to its lowest since 2011 relative to peers as Duterte stepped up his attacks last month. The 74-year-old leader whose drug war has killed thousands saw his popularity hit a new high last quarter.The benchmark index fell 1.6% on Tuesday, its second straight day of decline. Duterte is scheduled to have a televised interview with his spokesman later Tuesday.Scrutinizing contracts and forcing concessions for taxpayers, as Duterte is doing with water companies, bolsters his appeal to his support base, said Calixto Chikiamco, a director of the Institute for Development and Econometric Analysis in Manila. “He could ratchet up those attacks even more to warn businesses” not to back politicians going against his bet in the 2022 presidential vote.Here are some of Duterte’s tirades against big business:Ayala Corp.An arbitration victory requiring the government to reimburse Manila Water Co. 7.39 billion pesos ($145 million) for delayed tariff increases was the start of Ayala Corp.’s recent nightmares.Duterte last month ordered the renegotiation of the contracts of Ayala’s Manila Water Co. and Maynilad Water Services Inc. which were extended by a previous administration until 2037.Since Duterte’s attacks, Manila Water’s market value has shrunk to nearly half its size as of Tuesday, even as it dropped the arbitration award and promised not to increase the rate this year.Those concessions didn’t appease Duterte, nor his spokesman Salvador Panelo, who on Jan. 19 said he will look into a land lease contract of Ayala Land Inc. with state-run University of the Philippines. The property company lost 61.1 billion pesos in market capitalization in three days after Panelo’s comments, even as it said it would welcome a “transparent review and assessment” of the deal.Ayala and PangilinanDuterte recently attacked Ayala and businessman Manuel Pangilinan, chairman of Metro Pacific Investments Corp. which is the biggest shareholder of Maynilad, which provides water services to half the capital Manila, and PLDT Inc.Shares of Metro Pacific and Ayala Corp. sank further after Duterte said on Jan. 17 their venture’s elevated mass transit contract would be reviewed next.“The Philippines has been gravely fooled by the rich people in the Philippines. Just like Ayala and Pangilinan who own Globe and Smart,” Duterte said on Jan. 23. referring to Globe Telecom Inc. and PLDT’s Smart Communications Inc.“They are all thieves, those sons of b******,” according to the official transcript of his speech. Panelo said people shouldn’t take Duterte literally and that contracts would be respected except for those disadvantageous to the public.Since Duterte’s censure of the water contracts in early December, Metro Pacific has lost 36 billion pesos in market capitalization and Ayala Corp. has given up 65.7 billion pesos as of Tuesday. Both companies have said they are willing to work with the government to find a compromise.Even before assuming the presidency, Duterte in June 2016 already asked telecommunications provider PLDT and Globe to improve their service or face foreign rivals. In 2018, a venture of China Telecommunications Corp. and Duterte-allied businessman Dennis Uy won the bid for the Philippines’ third mobile-phone license.PLDTDuterte renewed his attacks on PLDT in February 2018, when he threatened to audit the company if it didn’t surrender frequencies without any cost to the government.The company, which was supposed to get 3 billion pesos for the frequencies, eventually waived its rights to the band that ended up with the third player. In February 2019, Duterte threatened to shut PLDT if it didn’t address frequently busy lines on the government’s complaint hotline -- causing its stocks to sink to a 15-year low.Shortly after Duterte’s tirade, PLDT’s Pangilinan apologized and said the company will add more lines to the complaint call center.DMCI HoldingsDuterte warned DMCI Holdings Inc. Chairman Isidro Consunji on Jan. 10 to prioritize safety standards or face a ban after a residential condominium that his family built in Davao City suffered “major cracks” following a series of strong earthquakes in October 2019.A settlement has been reached with over 20% of Ecoland 4000 residents and talks are ongoing with the others, the company said. DMCI also owns a stake in water provider Maynilad.ABS-CBNDuterte has been criticizing ABS-CBN Corp. since 2017, alleging that it didn’t air his campaign advertisement and accusing it of unfair reporting.The president has also repeatedly threatened to block the renewal of the company’s franchise expiring in March -- causing its shares to drop. ABS-CBN, in a 2016 statement before Duterte took office, said it believes the government will uphold freedom of speech in its franchise renewal.Duterte in late December said the renewal was uncertain and urged its owners to sell before the permit expires.The president has also targeted privately-owned Philippine Daily Inquirer and Rappler Holdings Corp.Philippine AirlinesDuterte hit the airline owned by billionaire Lucio Tan’s PAL Holdings Inc. in September 2017 with over 6.9 billion pesos in unpaid fees to government. Tan agreed to pay 6 billion pesos worth of dues.PhilWebMonths after getting elected in mid-2016, Duterte singled out then PhilWeb Corp. Chairman Roberto Ongpin in his campaign to end the influence of big businesses on the government.“I was hit by a lightning,” Ongpin, a trade minister under former president Ferdinand Marcos and one of the country’s most prominent tycoons, said at the time.Ongpin was later forced to step down and sell his gaming assets after Duterte targeted him in his bid to shutdown online gambling in the country. PhilWeb is less than a third of its size by market capitalization as of Jan. 27 compared to before it was attacked by Duterte.(Adds share price movement in third paragraph, more details throughout.)\--With assistance from Jeffrey Hernandez and Cecilia Yap.To contact the reporters on this story: Andreo Calonzo in Manila at acalonzo1@bloomberg.net;Claire Jiao in Manila at cjiao5@bloomberg.net;Ditas Lopez in Manila at dlopez55@bloomberg.netTo contact the editors responsible for this story: Cecilia Yap at cyap19@bloomberg.net, Clarissa Batino, Ruth PollardFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Moody's

    PLDT Inc. -- Moody's announces completion of a periodic review of ratings of PLDT Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of PLDT Inc. Hong Kong, January 24, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of PLDT Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Has PLDT (PHI) Outpaced Other Computer and Technology Stocks This Year?
    Zacks

    Has PLDT (PHI) Outpaced Other Computer and Technology Stocks This Year?

    Is (PHI) Outperforming Other Computer and Technology Stocks This Year?

  • Motorola Software Boosts Oakland Disaster Security Management
    Zacks

    Motorola Software Boosts Oakland Disaster Security Management

    The cloud-based DRaaS system by Motorola (MSI) is likely to offer all-permissive fully functional connectivity to the city residents to enable emergency communication services during disasters.

  • Verizon Launches Search Engine OneSearch With Better Privacy
    Zacks

    Verizon Launches Search Engine OneSearch With Better Privacy

    The search engine is likely to offer Verizon (VZ) an edge over its rivals with greater trust and transparency for unhindered web surfing while safeguarding privacy.

  • Zayo Boosts DPS Connectivity With High-Capacity Fiber Network
    Zacks

    Zayo Boosts DPS Connectivity With High-Capacity Fiber Network

    The long-term lease agreement with Zayo (ZAYO) will help DPS to save operating costs for similar Internet connection from third-party service providers.

  • Are Investors Undervaluing PLDT (PHI) Right Now?
    Zacks

    Are Investors Undervaluing PLDT (PHI) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Top Ranked Momentum Stocks to Buy for January 13th
    Zacks

    Top Ranked Momentum Stocks to Buy for January 13th

    Top Ranked Momentum Stocks to Buy for January 13th

  • GuruFocus.com

    Stocks That Fell to 3-Year Lows in the Week of Jan. 3

    Orange, Iron Mountain, PLDT and Meredith present buying opportunities Continue reading...

  • Zayo (ZAYO) Hits 52-Week High on Healthy Growth Dynamics
    Zacks

    Zayo (ZAYO) Hits 52-Week High on Healthy Growth Dynamics

    Zayo Group Holdings (ZAYO) has the potential for further price appreciation and looks poised to touch new highs in 2020 on the back of healthy growth dynamics.

  • 5 Non-U.S. Wireless Operators to Beat the Market in 2020
    Zacks

    5 Non-U.S. Wireless Operators to Beat the Market in 2020

    As the equity markets aim to cash in on the longest bull run in the history, a sneak peek at some possible outperformers backed by a solid Zacks Rank and a healthy return could be a great idea for investors.

  • Zayo Boosts Montreal-Albany Dedicated Network Connectivity
    Zacks

    Zayo Boosts Montreal-Albany Dedicated Network Connectivity

    The move will enable Zayo Group (ZAYO) to provide high-quality connectivity to support the seamless transition of enterprise and mobile carrier customers to 5G technology.

  • Is PLDT (PHI) a Great Value Stock Right Now?
    Zacks

    Is PLDT (PHI) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • 4 Telecom Losers of 2019 That Could Win Handsomely in 2020
    Zacks

    4 Telecom Losers of 2019 That Could Win Handsomely in 2020

    These telecom stocks seem to hold great promise for the future and are likely to reward shareholders generously.

  • Intelsat (I) Tanks in 2019: A Value Stock or a Value Trap?
    Zacks

    Intelsat (I) Tanks in 2019: A Value Stock or a Value Trap?

    Despite a dismal stock performance in 2019, Intelsat (I) is likely to script a turnaround in the near future with inherent growth potential.

  • BlackBerry (BB) Q3 Earnings Beat on Solid Revenues, Stock Up
    Zacks

    BlackBerry (BB) Q3 Earnings Beat on Solid Revenues, Stock Up

    Strong performance of the software and service businesses enable BlackBerry (BB) to beat third-quarter fiscal 2020 earnings estimates.

  • Is PLDT Inc. (PHI) A Good Stock To Buy?
    Insider Monkey

    Is PLDT Inc. (PHI) A Good Stock To Buy?

    "Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]

  • GuruFocus.com

    Stocks That Fell to 3-Year Lows in the Week of Dec. 20

    PLDT, Simon Property Group, Groupon and Taubman Centers present buying opportunities Continue reading...

  • 5 Cheap Technology Stocks Trading Under $20 to Buy in 2020
    Zacks

    5 Cheap Technology Stocks Trading Under $20 to Buy in 2020

    Here we pick five tech stocks that are trading for less than $20 a share but possess strong fundamentals and are undervalued.

  • SoftBank's Appier Raises Fund for AI Marketing Platform
    Zacks

    SoftBank's Appier Raises Fund for AI Marketing Platform

    SoftBank's (SFTBY) Appier aims to revolutionize the way enterprises adopt artificial intelligence to remain competitive and manage business transformation.

  • 3 Top Dividend Stocks to Maximize Your Retirement Income - November 11, 2019
    Zacks

    3 Top Dividend Stocks to Maximize Your Retirement Income - November 11, 2019

    The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.