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NYSE:PHIN

PHINIA (PHIN) Stock Price, News & Analysis

PHINIA logo
$47.10 -0.41 (-0.86%)
(As of 12/20/2024 05:16 PM ET)

About PHINIA Stock (NYSE:PHIN)

Key Stats

Today's Range
$46.19
$47.85
50-Day Range
$44.50
$56.39
52-Week Range
$27.86
$57.23
Volume
4.07 million shs
Average Volume
642,105 shs
Market Capitalization
$1.98 billion
P/E Ratio
20.21
Dividend Yield
2.12%
Price Target
$52.50
Consensus Rating
Moderate Buy

Company Overview

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. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules. The segment also offers complete systems comprising associated software and calibration services, that reduce emissions and improve fuel economy for traditional and hybrid applications. The Aftermarket segment is involved in the sale of starters, alternators, and other new and remanufactured products, as well as maintenance, test equipment, and vehicle diagnostics solutions. It servs original equipment manufacturers of passenger cars, trucks, vans, sport-utility vehicles, medium-duty and heavy-duty trucks, and buses, as well as other off-highway construction, marine, and agricultural and industrial applications. PHINIA Inc. was incorporated in 2023 and is based in Auburn Hills, Michigan.

PHINIA Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
63rd Percentile Overall Score

PHIN MarketRank™: 

PHINIA scored higher than 63% of companies evaluated by MarketBeat, and ranked 40th out of 90 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PHINIA has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    PHINIA has only been the subject of 1 research reports in the past 90 days.

  • Read more about PHINIA's stock forecast and price target.
  • Earnings Growth

    Earnings for PHINIA are expected to grow by 19.48% in the coming year, from $3.44 to $4.11 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PHINIA is 20.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PHINIA is 20.21, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.32.

  • Price to Book Value per Share Ratio

    PHINIA has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    6.88% of the float of PHINIA has been sold short.
  • Short Interest Ratio / Days to Cover

    PHINIA has a short interest ratio ("days to cover") of 5.8.
  • Change versus previous month

    Short interest in PHINIA has recently decreased by 2.08%, indicating that investor sentiment is improving.
  • Dividend Yield

    PHINIA pays a meaningful dividend of 2.07%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    PHINIA does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of PHINIA is 42.92%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, PHINIA will have a dividend payout ratio of 24.33% next year. This indicates that PHINIA will be able to sustain or increase its dividend.

  • Read more about PHINIA's dividend.
  • Percentage of Shares Shorted

    6.88% of the float of PHINIA has been sold short.
  • Short Interest Ratio / Days to Cover

    PHINIA has a short interest ratio ("days to cover") of 5.8.
  • Change versus previous month

    Short interest in PHINIA has recently decreased by 2.08%, indicating that investor sentiment is improving.
  • News Sentiment

    PHINIA has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for PHINIA this week, compared to 4 articles on an average week.
  • Search Interest

    2 people have searched for PHIN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PHINIA insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.50% of the stock of PHINIA is held by insiders.

  • Percentage Held by Institutions

    90.94% of the stock of PHINIA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about PHINIA's insider trading history.
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PHIN Stock News Headlines

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Morgan Stanley Keeps Their Hold Rating on PHINIA Inc. (PHIN)
See More Headlines

PHIN Stock Analysis - Frequently Asked Questions

PHINIA's stock was trading at $30.29 at the beginning of the year. Since then, PHIN stock has increased by 55.5% and is now trading at $47.10.
View the best growth stocks for 2024 here
.

PHINIA Inc. (NYSE:PHIN) issued its earnings results on Thursday, October, 31st. The company reported $1.17 EPS for the quarter, beating analysts' consensus estimates of $0.79 by $0.38. The business's revenue was down 6.4% compared to the same quarter last year.

PHINIA's top institutional investors include State Street Corp (4.25%), Pacer Advisors Inc. (4.14%), Jacobs Levy Equity Management Inc. (2.42%) and Geode Capital Management LLC (2.42%). Insiders that own company stock include Robert Boyle, Michael Coetzee, Neil Fryer, Sebastian Dori, Samuel R Chapin and Robin Kendrick.
View institutional ownership trends
.

Shares of PHIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that PHINIA investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
10/31/2024
Ex-Dividend for 12/13 Dividend
11/25/2024
Dividend Payable
12/13/2024
Today
12/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Automobiles And Trucks
Fax
N/A
Employees
13,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$52.50
High Stock Price Target
$55.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+11.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$102 million
Pretax Margin
6.03%

Debt

Sales & Book Value

Annual Sales
$3.45 billion
Cash Flow
$3.72 per share
Book Value
$40.42 per share

Miscellaneous

Free Float
41,427,000
Market Cap
$1.98 billion
Optionable
Optionable
Beta
1.10
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This page (NYSE:PHIN) was last updated on 12/23/2024 by MarketBeat.com Staff
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