PHINIA (PHIN) Expected to Announce Earnings on Thursday

PHINIA (NYSE:PHIN) is projected to issue its quarterly earnings data before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $0.80 per share and revenue of $805.72 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

PHINIA Trading Up 0.4 %

Shares of PHINIA stock opened at $49.49 on Wednesday. PHINIA has a 12-month low of $30.09 and a 12-month high of $57.23. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 21.24 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. The company’s 50-day moving average price is $50.03 and its 200-day moving average price is $48.41.

PHINIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, November 25th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date was Monday, November 25th. PHINIA’s payout ratio is 42.92%.

Wall Street Analysts Forecast Growth

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

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.