Phibro Animal Health (NASDAQ:PAHC) posted its quarterly earnings data on Monday. The company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.06, Bloomberg Earnings reports. Phibro Animal Health had a return on equity of 42.75% and a net margin of 8.87%. The firm had revenue of $205.90 million during the quarter, compared to analyst estimates of $194.90 million. During the same period last year, the company posted $0.39 EPS. The business’s quarterly revenue was up 7.5% on a year-over-year basis. Phibro Animal Health updated its FY18 guidance to $1.65-1.72 EPS.
Phibro Animal Health (PAHC) opened at $32.20 on Tuesday. Phibro Animal Health has a 12-month low of $26.70 and a 12-month high of $40.25. The firm has a market capitalization of $1,290.00, a PE ratio of 18.94, a PEG ratio of 3.99 and a beta of 1.18. The company has a debt-to-equity ratio of 1.91, a current ratio of 3.26 and a quick ratio of 1.85.
Several research analysts have recently weighed in on PAHC shares. BidaskClub lowered Phibro Animal Health from a “sell” rating to a “strong sell” rating in a research report on Tuesday, December 12th. Piper Jaffray Companies reissued a “buy” rating and issued a $42.00 price objective on shares of Phibro Animal Health in a research report on Friday, November 10th. ValuEngine lowered Phibro Animal Health from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Finally, Zacks Investment Research lowered Phibro Animal Health from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Phibro Animal Health presently has an average rating of “Hold” and a consensus target price of $38.25.
Phibro Animal Health Company Profile
Phibro Animal Health Corporation (Phibro) is a global diversified animal health and mineral nutrition company. The Company operates in three segments, which include Animal Health, Mineral Nutrition and Performance Products. The Company offers various products, which include Animal health products, such as antibacterials, anticoccidials, vaccines, nutritional specialty products and mineral nutrition products.
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