Company Performance - Phibro Animal Health (PAHC) shares have increased by 5.2% over the past month, reaching a new 52-week high of $25.61, and have gained 120.6% since the start of the year [1] - The company reported earnings per share (EPS) of $0.35 in its last earnings report, exceeding the consensus estimate of $0.23, although it missed the revenue estimate by 6.25% [2] - For the current fiscal year, Phibro is expected to post earnings of $1.55 per share on revenues of $1.08 billion, reflecting a 31.09% change in EPS and a 6.49% change in revenues [3] Valuation Metrics - Phibro has a Value Score of A, a Growth Score of B, and a Momentum Score of D, resulting in a combined VGM Score of A [6] - The stock trades at 16.4 times the current fiscal year EPS estimates, below the peer industry average of 24.8 times, and has a PEG ratio of 0.68 [7] Zacks Rank - Phibro currently holds a Zacks Rank of 1 (Strong Buy) due to favorable earnings estimate revisions from analysts, indicating potential for further gains [8] Industry Comparison - The Medical - Products industry is performing well, ranking in the top 34% of all industries, providing a favorable environment for both Phibro and its peer, OraSure Technologies, Inc. [11]

Financial Performance and Key Metrics - Consolidated net sales for Q1 2025 were $260.4 million, reflecting a 13% increase year-over-year [16] - The Animal Health segment grew 14%, Mineral Nutrition grew 5%, and Performance Products grew 27% [10][16] - Adjusted EBITDA increased by $12 million or 64% compared to the prior year [17] - GAAP net income and diluted EPS increased significantly due to higher demand and improved gross margin [16] Business Segment Performance - Animal Health segment net sales were $182.5 million, a 14% increase, driven by MFA and vaccine sales [18] - MFA and other net sales grew by 15%, while vaccine sales increased by 22% [10][18] - Mineral Nutrition net sales were $59.1 million, a 5% increase, with adjusted EBITDA of $3.8 million [20] - Performance Products segment net sales were $18.8 million, reflecting a 27% increase, with adjusted EBITDA of $2.3 million [21] Market Data and Key Metrics - The company generated $41 million of positive free cash flow for the 12 months ended September 30, 2024 [22] - Cash and cash equivalents were $90 million at the end of the quarter [22] - The gross leverage ratio was 3.9 times, and the net leverage ratio was 3.1 times at the end of Q1 [22] Company Strategy and Industry Competition - The company anticipates mid single-digit revenue growth for fiscal year 2025, excluding the Zoetis acquisition [14][30] - The Phibro Forward program is expected to enhance operating efficiencies and revenue growth in the upcoming fiscal years [11][26] - The acquisition of Zoetis' Medicated Feed Additive business is expected to significantly enhance the company's scale and market position [12][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued demand for products and a bright future post-acquisition [13][32] - The company expects favorable momentum to continue throughout fiscal year 2025 [14][30] - Management noted that the guidance does not include the Zoetis portfolio, which is expected to contribute approximately $200 million in revenue for the remaining eight months of fiscal year 2025 [30] Other Important Information - The company paid a quarterly dividend of $0.12 per share, totaling $4.9 million [23] - The new credit facility has an initial aggregate principal amount of $610 million, with extended maturity dates [25] Q&A Session Summary Question: What drove the healthy gross margins? - Management indicated that strong performance in the vaccine portfolio and favorable input costs contributed to the positive gross margin [34] Question: Any surprises during the acquisition process? - Management reported no significant surprises, noting optimism about the acquired portfolio [35][36] Question: Clarification on Zoetis MFA revenue and EPS guidance? - Management explained that the lower revenue estimate for the Zoetis acquisition is due to transition-related destocking and regulatory impacts [40][41] Question: Insights on the discontinued atopic dermatitis product? - Management stated that the product did not meet their target product profile, but they remain bullish on their overall pipeline [42][43] Question: Sustainability of MFA growth? - Management highlighted strong demand and favorable seasonal factors contributing to the growth in the MFA segment [44][45]

Phibro Animal Health Corporation Webcast and Conference Call November 7, 2024 U.S. toll-free +1.888.330.2022 International toll +1.365.977.0051 Conference ID: 3927884 Financial Results Fiscal Year 2025 First Quarter Ended September 30, 2024 November 7, 2024 Webcast and Conference Call Important Information Cautionary Statement Regarding Forward-Looking Statements This communication contains forward-looking statements that are subject to risks and uncertainties, including with respect to any future debt and ...

Phibro Animal Health (PAHC) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 52.17%. A quarter ago, it was expected that this maker of animal health products and nutritional supplements would post earnings of $0.34 per share when it actually produced earnings of $0.41, delivering a sur ...

Phibro Animal Health Corporation (PAHC) recently completed the acquisition of Zoetis Inc.’s (ZTS) medicated feed additive (MFA) product portfolio and certain water-soluble products. The latest acquisition comes with a lineup of products across cattle, swine and poultry, which will complement and expand Phibro’s species and product portfolios. This will help the company’s customers meet the highest standards of animal care, prevent diseases and enhance nutrition around the world. PAHC’s Likely Stock Trend Fo ...

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Investors interested in Medical - Products stocks are likely familiar with Phibro Animal Health (PAHC) and Insulet (PODD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision tren ...

Investors interested in Medical - Products stocks are likely familiar with Phibro Animal Health (PAHC) and Abbott (ABT) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive ...

It has been about a month since the last earnings report for Phibro Animal Health (PAHC) . Shares have added about 2.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Phibro due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Phibro Q4 Earnings and Revenues Beat, Oper ...