PHINIA (NYSE:PHIN) Issues Quarterly Earnings Results, Beats Estimates By $0.12 EPS

PHINIA (NYSE:PHIN) released its earnings results on Thursday. The company reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.12, FiscalAI reports. PHINIA had a return on equity of 12.56% and a net margin of 3.73%.The firm had revenue of $878.00 million for the quarter, compared to the consensus estimate of $855.93 million. During the same period in the prior year, the business posted $0.94 earnings per share. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year.

Here are the key takeaways from PHINIA’s conference call:

• PHINIA reported a strong quarter with $878M in net sales (+10.3% YoY), $115M Adjusted EBITDA (13.1% margin), and adjusted diluted EPS of $1.29 (up 37% YoY), indicating solid near-term profitability.
• Management reiterated full‑year 2026 guidance of $3.5B–$3.7B revenue, $485M–$525M Adjusted EBITDA (13.7%–14.3% margin), and $200M–$240M Adjusted Free Cash Flow, signaling confidence in the outlook.
• The company is diversifying and winning new business—notably a commercial/defense drone program using its GDI injector and consecutive alternative‑fuel wins (CNG in India, DI rail for a Chinese luxury SUV)—supporting longer‑term growth opportunities.
• Near‑term operational headwinds include program ramp delays in Fuel Systems (weaker mix in Europe and APAC) and ongoing geopolitical/tariff uncertainty (Q1 included a ~$12M tariff pass‑through and management noted ~<$40M IEEPA tariff exposure being pursued for refunds), which could pressure short‑term margin progression.
• Strong balance‑sheet and shareholder returns — cash of $328M, total liquidity ~$808M, net leverage ~1.4x, and >$600M returned to shareholders since the spin‑off via buybacks and dividends — provide financial flexibility for growth and buybacks.

PHINIA Trading Up 0.0%

Shares of PHINIA stock traded up $0.00 during trading hours on Thursday, reaching $72.11. The stock had a trading volume of 645,357 shares, compared to its average volume of 404,729. The firm has a 50 day simple moving average of $70.04 and a two-hundred day simple moving average of $64.22. The firm has a market capitalization of $2.71 billion, a price-to-earnings ratio of 22.19 and a beta of 1.36. The company has a current ratio of 1.86, a quick ratio of 1.36 and a debt-to-equity ratio of 0.61. PHINIA has a 1 year low of $39.29 and a 1 year high of $81.11.

Analyst Ratings Changes

Several research firms recently weighed in on PHIN. Wall Street Zen downgraded PHINIA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 18th. Northland Securities set a $93.00 price objective on PHINIA in a report on Friday, February 13th. Freedom Capital downgraded PHINIA from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. UBS Group restated a “neutral” rating and issued a $76.00 price objective on shares of PHINIA in a report on Friday, February 13th. Finally, Zacks Research downgraded PHINIA from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, PHINIA has an average rating of “Hold” and an average target price of $68.80.

Insider Transactions at PHINIA

In other news, VP Neil Fryer sold 624 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $72.75, for a total value of $45,396.00. Following the transaction, the vice president directly owned 18,180 shares in the company, valued at $1,322,595. This trade represents a 3.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Christopher Gustanski sold 3,812 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $72.73, for a total value of $277,246.76. Following the completion of the transaction, the vice president owned 14,871 shares in the company, valued at approximately $1,081,567.83. This trade represents a 20.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On PHINIA

Large investors have recently modified their holdings of the stock. Federation des caisses Desjardins du Quebec grew its stake in shares of PHINIA by 2,500.0% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 780 shares of the company’s stock valued at $49,000 after buying an additional 750 shares in the last quarter. State of Wyoming acquired a new stake in shares of PHINIA in the second quarter valued at about $60,000. Kestra Advisory Services LLC acquired a new stake in shares of PHINIA in the fourth quarter valued at about $84,000. Raymond James Financial Inc. acquired a new stake in shares of PHINIA in the second quarter valued at about $109,000. Finally, Harvest Fund Management Co. Ltd grew its stake in shares of PHINIA by 1,787.8% in the third quarter. Harvest Fund Management Co. Ltd now owns 2,624 shares of the company’s stock valued at $151,000 after buying an additional 2,485 shares in the last quarter. Institutional investors and hedge funds own 90.94% of the company’s stock.

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. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules.