PLDT (NYSE:PHI) Announces Quarterly Earnings Results

PLDT (NYSE:PHI) issued its earnings results on Thursday. The technology company reported $0.67 earnings per share for the quarter, Zacks reports. The company had revenue of $960.62 million during the quarter. PLDT had a net margin of 12.34% and a return on equity of 22.11%.

PLDT Stock Up 1.2 %

Shares of PHI stock opened at $23.78 on Friday. The stock has a market cap of $5.14 billion, a P/E ratio of 7.85, a PEG 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 quick ratio of 0.32, a current ratio of 0.34 and a debt-to-equity ratio of 2.24. The company’s fifty day simple moving average is $23.18 and its two-hundred day simple moving average is $24.00.

PLDT Announces Dividend

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

Wall Street Analysts Forecast Growth

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

PLDT Company Profile

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.