PHINIA (NYSE:PHIN) Issues Earnings Results

PHINIA (NYSE:PHIN) released its quarterly earnings results on Thursday. The company reported $0.71 EPS 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 Price Performance

Shares of PHIN traded up $0.22 during mid-day trading on Thursday, reaching $49.24. 417,530 shares of the company’s stock were exchanged, compared to its average volume of 394,387. The company has a quick ratio of 1.46, a current ratio of 1.93 and a debt-to-equity ratio of 0.58. The company has a 50-day simple moving average of $49.93 and a two-hundred day simple moving average of $48.41. PHINIA has a 52-week low of $30.36 and a 52-week high of $57.23. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 21.23 and a beta of 1.35.

Analyst Ratings Changes

PHIN has been the topic of a number of recent research reports. Northland Capmk raised PHINIA to a “strong-buy” rating in a research report on Thursday, January 30th. Northland Securities assumed coverage on PHINIA in a report on Thursday, January 30th. They set an “outperform” rating and a $61.00 price objective on the stock. Finally, UBS Group increased their target price on shares of PHINIA from $55.00 to $57.00 and gave the stock a “buy” rating in a research note on Thursday, January 16th.

About PHINIA

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.