PHINIA Earnings Estimate

PHIN Stock   48.35  0.05  0.10%   
By analyzing PHINIA's earnings estimates, investors can diagnose different trends across PHINIA's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for PHINIA Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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PHINIA is projected to generate 1.029425 in earnings per share on the 31st of December 2024. PHINIA earnings estimates show analyst consensus about projected PHINIA Inc EPS (Earning Per Share). It derives the highest and the lowest estimates based on PHINIA's historical volatility. Many public companies, such as PHINIA, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

PHINIA Revenue Breakdown by Earning Segment

By analyzing PHINIA's earnings estimates, investors can diagnose different trends across PHINIA's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, PHINIA's Pretax Profit Margin is very stable compared to the past year. As of the 4th of January 2025, Operating Profit Margin is likely to grow to 0.07, while Gross Profit is likely to drop about 632.8 M.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PHINIA Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

PHINIA Earnings per Share Projection vs Actual

About PHINIA Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of PHINIA earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current PHINIA estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as PHINIA fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings10.3 M10.9 M
Earnings Yield 0.06  0.04 
Price Earnings Ratio 12.53  13.16 
Price Earnings To Growth Ratio(0.35)(0.33)

Pair Trading with PHINIA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PHINIA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PHINIA will appreciate offsetting losses from the drop in the long position's value.

Moving together with PHINIA Stock

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Moving against PHINIA Stock

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The ability to find closely correlated positions to PHINIA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PHINIA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PHINIA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PHINIA Inc to buy it.
The correlation of PHINIA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PHINIA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PHINIA Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PHINIA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether PHINIA Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PHINIA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phinia Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phinia Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PHINIA Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PHINIA. If investors know PHINIA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PHINIA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.991
Dividend Share
1
Earnings Share
2.34
Revenue Per Share
76.414
Quarterly Revenue Growth
(0.06)
The market value of PHINIA Inc is measured differently than its book value, which is the value of PHINIA that is recorded on the company's balance sheet. Investors also form their own opinion of PHINIA's value that differs from its market value or its book value, called intrinsic value, which is PHINIA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PHINIA's market value can be influenced by many factors that don't directly affect PHINIA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PHINIA's value and its price as these two are different measures arrived at by different means. Investors typically determine if PHINIA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PHINIA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.