Phibro Animal Health (NASDAQ:PAHC - Get Free Report ) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.040-1.160 for the period, compared to the consensus estimate of 1.100. The company issued revenue guidance of $980.0 million-$1.0 billion, compared to the consensus revenue estimate of $999.0 million.
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Phibro Animal Health Price Performance NASDAQ:PAHC traded up $0.41 during trading hours on Wednesday, reaching $17.18. 130,110 shares of the company's stock were exchanged, compared to its average volume of 152,202. The company has a market capitalization of $695.79 million, a P/E ratio of 47.72, a price-to-earnings-growth ratio of 6.30 and a beta of 0.63. Phibro Animal Health has a 12 month low of $9.40 and a 12 month high of $17.44. The business's 50-day simple moving average is $13.39 and its two-hundred day simple moving average is $12.00. The company has a quick ratio of 1.60, a current ratio of 3.12 and a debt-to-equity ratio of 1.66.
Phibro Animal Health (NASDAQ:PAHC - Get Free Report ) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.06. The business had revenue of $249.90 million during the quarter, compared to analyst estimates of $242.91 million. Phibro Animal Health had a return on equity of 16.67% and a net margin of 1.51%. Sell-side analysts expect that Phibro Animal Health will post 1.12 EPS for the current fiscal year.
Analyst Upgrades and Downgrades Separately, StockNews.com upgraded Phibro Animal Health from a hold rating to a buy rating in a report on Tuesday, April 9th.
Read Our Latest Stock Analysis on PAHC
About Phibro Animal Health (
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Phibro Animal Health Corporation operates as an animal health and mineral nutrition company in the United States, Israel, Brazil, Ireland, and internationally. It operates through three segments: Animal Health, Mineral Nutrition, and Performance Products. The company develops, manufactures, and markets various products for food and companion animals including poultry, swine, beef and dairy cattle, aquaculture, and dogs.
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