PLDT (NYSE:PHI) Issues Quarterly Earnings Results

PLDT (NYSE:PHIGet Free Report) posted its quarterly earnings data on Thursday. The technology company reported $0.67 earnings per share for the quarter, Zacks reports. The firm had revenue of $960.62 million for the quarter. PLDT had a return on equity of 22.11% and a net margin of 12.34%.

PLDT Stock Performance

PHI opened at $23.78 on Friday. The firm has a market cap of $5.14 billion, a P/E ratio of 7.85, a price-to-earnings-growth ratio of 1.14 and a beta of 0.68. PLDT has a 52-week low of $21.00 and a 52-week high of $29.05. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.32 and a current ratio of 0.34. The business’s fifty day moving average is $23.18 and its 200-day moving average is $24.00.

PLDT Dividend Announcement

The business also recently announced a semi-annual dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, March 12th will be issued a dividend of $0.812 per share. This represents a dividend yield of 5.4%. The ex-dividend date is Wednesday, March 12th. PLDT’s dividend payout ratio (DPR) is currently 38.61%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded PLDT from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 7th.

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About PLDT

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PLDT Inc provides telecommunications and digital services in the Philippines. The company operates through three segments: Wireless, Fixed Line, and Others. It offers cellular mobile, Internet broadband distribution, operations support, software development, and satellite information and messaging services; and sells Wi-Fi access equipment.

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Earnings History for PLDT (NYSE:PHI)

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