Phibro Animal Health (NASDAQ:PAHC) issued its earnings results on Monday. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.04), Briefing.com reports. The firm had revenue of $205.70 million during the quarter, compared to analysts’ expectations of $214.94 million. Phibro Animal Health had a return on equity of 36.37% and a net margin of 8.69%. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the business posted $0.46 earnings per share. Phibro Animal Health updated its FY19 guidance to $1.50-1.55 EPS.
Shares of NASDAQ PAHC opened at $36.85 on Tuesday. Phibro Animal Health has a 12-month low of $28.28 and a 12-month high of $54.62. The firm has a market capitalization of $1.46 billion, a P/E ratio of 21.18, a P/E/G ratio of 4.16 and a beta of 0.63. The company has a debt-to-equity ratio of 1.52, a current ratio of 3.25 and a quick ratio of 1.83.
Several analysts recently issued reports on the company. BidaskClub upgraded Phibro Animal Health from a “hold” rating to a “buy” rating in a report on Tuesday. Zacks Investment Research upgraded Phibro Animal Health from a “sell” rating to a “hold” rating in a report on Monday, April 29th. Finally, ValuEngine upgraded Phibro Animal Health from a “sell” rating to a “hold” rating in a report on Thursday, March 21st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $43.50.
Phibro Animal Health Company Profile
Phibro Animal Health Corporation operates as a diversified animal health and mineral nutrition company primarily in the United States. It operates through three segments: Animal Health, Mineral Nutrition, and Performance Products. The company develops, manufactures, and markets products for a range of food animals, including poultry, swine, beef and dairy cattle, and aquaculture.
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