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

PHINIA (NYSE:PHIN) announced its quarterly earnings data 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 net margin of 3.10% and a return on equity of 9.79%. PHINIA updated its FY 2025 guidance to EPS.

PHINIA Stock Up 5.4 %

Shares of NYSE:PHIN traded up $2.66 during trading on Friday, hitting $51.86. The company’s stock had a trading volume of 653,334 shares, compared to its average volume of 362,141. 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 fifty-two week low of $31.08 and a fifty-two week high of $57.23. The stock’s 50-day moving average price is $49.81 and its two-hundred day moving average price is $48.48. The company has a market capitalization of $2.18 billion, a PE ratio of 22.26 and a beta of 1.35.

PHINIA Increases Dividend

The firm also recently declared 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 a boost from PHINIA’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.08 annualized dividend and a dividend yield of 2.08%. PHINIA’s payout ratio is 42.92%.

Wall Street Analyst Weigh In

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