Phibro Animal Health (NASDAQ:PAHC - Get Free Report) released its earnings results on Wednesday. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.14, Zacks reports. Phibro Animal Health had a return on equity of 21.59% and a net margin of 1.67%.
Phibro Animal Health Stock Up 1.6 %
Shares of NASDAQ:PAHC traded up $0.35 during midday trading on Wednesday, hitting $22.37. The stock had a trading volume of 148,908 shares, compared to its average volume of 141,028. The company has a market cap of $905.99 million, a P/E ratio of 52.02, a PEG ratio of 0.56 and a beta of 0.52. Phibro Animal Health has a 12 month low of $10.03 and a 12 month high of $25.98. The business's 50-day simple moving average is $21.89 and its 200-day simple moving average is $21.60. The company has a quick ratio of 1.69, a current ratio of 3.23 and a debt-to-equity ratio of 1.81.
Phibro Animal Health Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 5th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.48 annualized dividend and a yield of 2.15%. Phibro Animal Health's dividend payout ratio (DPR) is presently 111.63%.
Analyst Ratings Changes
PAHC has been the subject of a number of research reports. Barclays raised their price objective on Phibro Animal Health from $13.00 to $20.00 and gave the stock an "underweight" rating in a research report on Tuesday, November 12th. Morgan Stanley upped their price objective on Phibro Animal Health from $20.00 to $25.00 and gave the stock an "equal weight" rating in a report on Tuesday, December 17th. Finally, StockNews.com raised shares of Phibro Animal Health from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $20.50.
Check Out Our Latest Analysis on PAHC
About Phibro Animal Health
(
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Phibro Animal Health Corporation operates as an animal health and mineral nutrition company in the United States, Israel, Brazil, Ireland, and internationally. It operates through three segments: Animal Health, Mineral Nutrition, and Performance Products. The company develops, manufactures, and markets various products for food and companion animals including poultry, swine, beef and dairy cattle, aquaculture, and dogs.
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