PHINIA (NYSE:PHIN) Issues Earnings Results, Misses Expectations By $0.09 EPS

PHINIA (NYSE:PHIN) announced its quarterly earnings results on Thursday. The company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.09), Zacks reports. PHINIA had a return on equity of 9.79% and a net margin of 3.10%. PHINIA updated its FY 2025 guidance to EPS.

PHINIA Stock Up 0.5 %

Shares of PHIN stock traded up $0.22 during trading hours on Thursday, hitting $49.24. 417,530 shares of the company were exchanged, compared to its average volume of 394,387. 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 has a one year low of $30.36 and a one year high of $57.23. The business’s 50-day simple moving average is $49.93 and its two-hundred day simple moving average is $48.41. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 21.23 and a beta of 1.35.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on PHIN. Northland Capmk raised shares of PHINIA to a “strong-buy” rating in a research report on Thursday, January 30th. UBS Group upped their price target on shares of PHINIA from $55.00 to $57.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th. Finally, Northland Securities began coverage on shares of PHINIA in a research report on Thursday, January 30th. They set an “outperform” rating and a $61.00 price target for the company.

PHINIA Company Profile

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.