Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Phinia Inc before investing.

In this article, we go over a few key elements for understanding Phinia Inc’s stock price such as:

• Phinia Inc’s current stock price and volume
• Why Phinia Inc’s stock price changed recently
• Upgrades and downgrades for PHIN from analysts
• PHIN’s stock price momentum as measured by its relative strength

About Phinia Inc (PHIN)

Before we jump into Phinia Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

PHINIA Inc. is an independent solutions and components provider. The Company develops, designs and manufactures integrated components and systems. The Company provides fuel systems, electrical systems and aftermarket products. Its segments include Fuel Systems and Aftermarket. Fuel Systems segment provides advanced fuel injection systems, fuel delivery modules, canisters, sensors, electronic control modules and associated software. Its highly engineered fuel injection systems portfolio includes pumps, injectors, fuel rail assemblies, engine control modules, and complete systems, including software and calibration services, that reduce emissions and improve fuel economy for traditional and hybrid applications. Aftermarket segment sells products to independent aftermarket customers and original equipment service customers. Aftermarket segment also includes sales of starters and alternators to original equipment manufacturers. Its brand portfolio includes DELPHI, DELCO REMY and HARTRIDGE.

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Phinia Inc’s Stock Price as of Market Close

As of September 17, 2024, 4:00 PM, CST, Phinia Inc’s stock price was $48.06.

Phinia Inc is up 4.98% from its previous closing price of $45.78.

During the last market session, Phinia Inc’s stock traded between $44.45 and $46.42. Currently, there are 44.80 million shares of Phinia Inc stock available for purchase.

Phinia Inc’s price-earnings (P/E) ratio is currently at 28.4, which is high compared to the Auto, Truck & Motorcycle Parts industry median of 15.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Phinia Inc Stock Price History

Phinia Inc’s (PHIN) price is currently up 0.21% so far this month.

During the month of September, Phinia Inc’s stock price has reached a high of $48.44 and a low of $43.86.

Over the last year, Phinia Inc has hit prices as high as $49.31 and as low as $23.46.

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What Caused Phinia Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of September 16, 2024,, no analysts have changed their rating of Phinia Inc’s stock over the last month.

Additionally, you'll want to evaluate Phinia Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Phinia Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Phinia Inc’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Phinia Inc (PHIN) by visiting AAII Stock Evaluator.

Relative Price Strength of Phinia Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 16, 2024, Phinia Inc has a weighted four-quarter relative price strength of 6.93%, which translates to a Momentum Score of 81 and is considered to be Very Strong.

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Phinia Inc Stock Price: Bottom Line

As of September 17, 2024, Phinia Inc’s stock price is $48.06, which is up 4.98% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Phinia Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.