Phinia (PHIN) is a Great Momentum Stock: Should You Buy?

Company Overview - Phinia (PHIN) currently holds a Momentum Style Score of B, indicating a positive momentum characteristic [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Price Performance - Over the past week, PHIN shares have increased by 6.27%, outperforming the Zacks Automotive - Original Equipment industry, which rose by 3.21% [5] - In a longer time frame, PHIN's monthly price change is 14.48%, significantly higher than the industry's 1.13% [5] - For the past quarter, shares of Phinia have increased by 29.07%, and over the last year, they have gained 21.52%, while the S&P 500 has moved 9.33% and 17.71% respectively [6] Trading Volume - PHIN's average 20-day trading volume is 469,384 shares, which serves as a useful baseline for price-to-volume analysis [7] Earnings Outlook - In the past two months, three earnings estimates for PHIN have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $4.07 to $4.56 [9] - For the next fiscal year, three estimates have also moved upwards without any downward revisions [9] Conclusion - Considering the positive price performance, trading volume, and favorable earnings outlook, PHIN is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]