PHINIA (NYSE:PHIN) Issues Quarterly Earnings Results

PHINIA (NYSE:PHIN) issued its 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%. The company 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 Stock Up 5.4 %

Shares of NYSE:PHIN traded up $2.66 on Friday, reaching $51.86. The company had a trading volume of 653,334 shares, compared to its average volume of 362,141. The firm has a market capitalization of $2.18 billion, a PE ratio of 22.26 and a beta of 1.35. The company has a current ratio of 1.93, a quick ratio of 1.46 and a debt-to-equity ratio of 0.58. PHINIA has a 52-week low of $31.08 and a 52-week high of $57.23. The firm’s 50 day simple moving average is $49.81 and its 200-day simple moving average is $48.48.

PHINIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.27 dividend. This is an increase from PHINIA’s previous quarterly dividend of $0.25. The ex-dividend date is Friday, February 28th. This represents a $1.08 dividend on an annualized basis and a yield of 2.08%. PHINIA’s payout ratio is 42.92%.

Wall Street Analysts Forecast Growth

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

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.