PHINIA (NYSE:PHIN - Get Free Report) released its earnings results on Thursday. The company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.09), Zacks reports. PHINIA had a net margin of 3.10% and a return on equity of 9.79%. The firm had revenue of $833.00 million during the quarter, compared to the consensus estimate of $811.94 million. PHINIA updated its FY 2025 guidance to EPS.
PHINIA Trading Up 5.4 %
Shares of PHINIA stock traded up $2.66 on Monday, hitting $51.86. The stock had a trading volume of 653,334 shares, compared to its average volume of 362,141. The stock has a 50 day moving average of $49.81 and a 200 day moving average of $48.55. The firm has a market capitalization of $2.18 billion, a P/E ratio of 22.26 and a beta of 1.35. PHINIA has a twelve month low of $31.08 and a twelve month high of $57.23. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.46 and a current ratio of 1.93.
PHINIA Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a $0.27 dividend. The ex-dividend date of this dividend is Friday, February 28th. This is an increase from PHINIA's previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 2.08%. PHINIA's dividend payout ratio (DPR) is currently 42.92%.
Analyst Ratings Changes
PHIN has been the subject of several recent analyst reports. Northland Capmk upgraded PHINIA to a "strong-buy" rating in a research note on Thursday, January 30th. Northland Securities assumed coverage on PHINIA in a research note on Thursday, January 30th. They issued an "outperform" rating and a $61.00 price objective on the stock. Finally, UBS Group boosted their target price on PHINIA from $55.00 to $57.00 and gave the stock a "buy" rating in a research note on Thursday, January 16th.
View Our Latest Research Report on PHINIA
About PHINIA
(
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PHINIA Inc engages in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial and light vehicles, and industrial applications. The company operates through Fuel Systems and Aftermarket segments.
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