PHINIA (PHIN) Projected to Post Earnings on Thursday

PHINIA (NYSE:PHIN - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $0.92 per share and revenue of $836.51 million for the quarter. PHINIA has set its FY 2025 guidance at EPS.

PHINIA (NYSE:PHIN - Get Free Report) last released its earnings results on Friday, April 25th. The company reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.10). The company had revenue of $796.00 million for the quarter, compared to analyst estimates of $813.24 million. PHINIA had a return on equity of 9.88% and a net margin of 2.28%. The business's revenue for the quarter was down 7.8% compared to the same quarter last year. During the same period last year, the company posted $1.08 earnings per share. On average, analysts expect PHINIA to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

PHINIA Price Performance

Shares of PHIN traded down $0.03 during trading hours on Friday, hitting $48.33. 434,207 shares of the company were exchanged, compared to its average volume of 537,674. The firm's fifty day moving average is $44.63 and its 200 day moving average is $45.27. The company has a market cap of $1.92 billion, a price-to-earnings ratio of 27.46, a P/E/G ratio of 0.52 and a beta of 1.49. The company has a quick ratio of 1.36, a current ratio of 1.85 and a debt-to-equity ratio of 0.63. PHINIA has a fifty-two week low of $36.25 and a fifty-two week high of $57.23.

PHINIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend was Monday, June 2nd. PHINIA's dividend payout ratio (DPR) is presently 61.36%.

Insider Buying and Selling at PHINIA

In related news, Director Meggan M. Walsh purchased 1,400 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The stock was acquired at an average price of $42.71 per share, for a total transaction of $59,794.00. Following the completion of the acquisition, the director owned 7,492 shares of the company's stock, valued at $319,983.32. This represents a 22.98% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brady D. Ericson acquired 10,000 shares of the business's stock in a transaction on Wednesday, April 30th. The stock was acquired at an average cost of $39.73 per share, for a total transaction of $397,300.00. Following the transaction, the chief executive officer owned 436,486 shares of the company's stock, valued at approximately $17,341,588.78. The trade was a 2.34% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 11,423 shares of company stock valued at $458,069 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC raised its stake in shares of PHINIA by 62.3% during the 1st quarter. AQR Capital Management LLC now owns 22,343 shares of the company's stock valued at $938,000 after purchasing an additional 8,576 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of PHINIA by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,891 shares of the company's stock valued at $1,056,000 after purchasing an additional 1,093 shares during the period. Royal Bank of Canada raised its stake in shares of PHINIA by 464.8% during the 1st quarter. Royal Bank of Canada now owns 75,745 shares of the company's stock valued at $3,214,000 after purchasing an additional 62,333 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of PHINIA by 7.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 94,270 shares of the company's stock valued at $4,000,000 after purchasing an additional 6,478 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of PHINIA by 94.1% during the 1st quarter. Jane Street Group LLC now owns 250,278 shares of the company's stock valued at $10,619,000 after purchasing an additional 121,312 shares during the period. Hedge funds and other institutional investors own 90.94% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on PHIN shares. Morgan Stanley lowered their price objective on PHINIA from $50.00 to $46.00 and set an "equal weight" rating for the company in a research report on Monday, May 19th. BNP Paribas downgraded PHINIA from an "outperform" rating to a "neutral" rating and set a $46.00 price objective for the company. in a research report on Wednesday, April 23rd. UBS Group raised their price objective on PHINIA from $48.00 to $52.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. CL King started coverage on PHINIA in a research report on Monday, March 24th. They set a "buy" rating and a $54.00 price objective for the company. Finally, Bank of America raised their price objective on PHINIA from $53.00 to $55.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $52.33.

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.