Phibro Animal Health (PAHC) Scheduled to Post Quarterly Earnings on Wednesday

Phibro Animal Health (NASDAQ:PAHC) is set to announce its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.29 per share for the quarter. Phibro Animal Health has set its FY 2024 guidance at 1.040-1.160 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Phibro Animal Health (NASDAQ:PAHC) last issued its earnings results on Wednesday, February 7th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.06. The firm had revenue of $249.90 million for the quarter, compared to analysts’ expectations of $242.91 million. Phibro Animal Health had a return on equity of 16.67% and a net margin of 1.51%. On average, analysts expect Phibro Animal Health to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Phibro Animal Health Trading Down 0.5 %

NASDAQ PAHC opened at $16.70 on Wednesday. The firm has a market cap of $676.35 million, a P/E ratio of 46.39, a P/E/G ratio of 6.19 and a beta of 0.75. The company has a debt-to-equity ratio of 1.66, a current ratio of 3.12 and a quick ratio of 1.60. The stock’s 50-day moving average is $13.02 and its 200-day moving average is $11.83. Phibro Animal Health has a one year low of $9.40 and a one year high of $16.90.

Phibro Animal Health Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date was Tuesday, March 5th. Phibro Animal Health’s dividend payout ratio is currently 133.33%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Phibro Animal Health from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th.

Phibro Animal Health Company Profile

Phibro Animal Health Corporation operates as an animal health and mineral nutrition company in the United States, Israel, Brazil, Ireland, and internationally. It operates through three segments: Animal Health, Mineral Nutrition, and Performance Products. The company develops, manufactures, and markets various products for food and companion animals including poultry, swine, beef and dairy cattle, aquaculture, and dogs.