Phibro Animal Health (NASDAQ:PAHC) updated its fourth quarter 2021 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.300-0.320 for the period, compared to the Thomson Reuters consensus estimate of $0.280. The company issued revenue guidance of $213 million-$217 million, compared to the consensus revenue estimate of $200.14 million.Phibro Animal Health also updated its FY 2021 guidance to 1.250-1.270 EPS.
Shares of PAHC stock traded up $0.51 during trading hours on Friday, hitting $27.52. The company had a trading volume of 135,266 shares, compared to its average volume of 138,763. The company has a debt-to-equity ratio of 1.97, a current ratio of 2.88 and a quick ratio of 1.61. The stock has a market capitalization of $1.11 billion, a PE ratio of 25.96, a price-to-earnings-growth ratio of 2.00 and a beta of 0.46. The company’s fifty day moving average is $25.01 and its 200 day moving average is $21.74. Phibro Animal Health has a fifty-two week low of $16.27 and a fifty-two week high of $28.22.
Phibro Animal Health (NASDAQ:PAHC) last released its quarterly earnings results on Thursday, May 6th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. Phibro Animal Health had a return on equity of 23.70% and a net margin of 5.37%. Equities analysts forecast that Phibro Animal Health will post 1.06 earnings per share for the current year.
Separately, Morgan Stanley raised their price objective on shares of Phibro Animal Health from $19.00 to $22.00 and gave the company an underweight rating in a research note on Thursday.
About Phibro Animal Health
Phibro Animal Health Corporation develops, manufactures, and supplies a range of animal health and mineral nutrition products for livestock 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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