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]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Summary: Phinia (PHIN) - Phinia currently holds a Momentum Style Score of B, indicating a positive outlook based on price changes and earnings estimate revisions [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] - Over the past week, PHIN shares increased by 0.06%, while the Zacks Automotive - Original Equipment industry remained flat [5] - In a longer timeframe, PHIN's shares have risen by 17.5% over the past month, outperforming the industry's 6.38% [5] - Over the last quarter, PHIN shares increased by 29.51%, and over the past year, they gained 21.54%, compared to the S&P 500's increases of 16.04% and 19.71%, respectively [6] - The average 20-day trading volume for PHIN is 418,783 shares, indicating a bullish sign with rising stock prices [7] Earnings Outlook - Recent earnings estimate revisions for PHIN show 2 estimates moving higher and none lower, increasing the consensus estimate from $4.04 to $4.18 over the past 60 days [9] - For the next fiscal year, 2 estimates have also moved upwards with no downward revisions, indicating a positive earnings outlook [9] Conclusion - Considering the positive momentum indicators and 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 [10][11]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [3] Group 2: Phinia (PHIN) Stock Analysis - Phinia (PHIN) has shown a price increase of 17.3% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, PHIN's stock gained 25%, with a beta of 1.49, suggesting it moves 49% more than the market [5] - PHIN has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - PHIN is trading at a Price-to-Sales ratio of 0.62, suggesting it is undervalued at 62 cents for each dollar of sales [7] Group 3: Investment Opportunities - PHIN appears to have significant potential for growth, and there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [8] - Various Zacks Premium Screens are available to help identify winning stock picks based on different investing styles [9]

Core Viewpoint - Phinia reported strong quarterly earnings, exceeding expectations and showing significant year-over-year growth in both earnings and revenues [1][2]. Financial Performance - Phinia's earnings for the quarter were $1.27 per share, surpassing the Zacks Consensus Estimate of $0.99 per share, and up from $0.88 per share a year ago, representing an earnings surprise of +28.28% [1]. - The company posted revenues of $890 million for the quarter, exceeding the Zacks Consensus Estimate by 5.47%, and up from $868 million in the same quarter last year [2]. Market Performance - Phinia shares have increased by approximately 1.6% since the beginning of the year, while the S&P 500 has gained 8.1% [3]. - The stock is currently rated Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6]. Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.05 on revenues of $832.45 million, and for the current fiscal year, it is $4.17 on revenues of $3.31 billion [7]. - The Automotive - Original Equipment industry, to which Phinia belongs, is ranked in the top 39% of Zacks industries, suggesting a favorable outlook for the sector [8].

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Phinia (PHIN) despite lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - Phinia is expected to report quarterly earnings of $0.99 per share, reflecting a year-over-year increase of +12.5%, while revenues are projected to be $843.87 million, down 2.8% from the previous year [3] - The consensus EPS estimate has been revised 2.94% higher in the last 30 days, indicating a positive reassessment by analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a positive Earnings ESP of +4.39% for Phinia, suggesting a likelihood of beating the consensus EPS estimate [11] - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [9] Historical Performance - In the last reported quarter, Phinia was expected to post earnings of $1.04 per share but delivered only $0.94, resulting in a surprise of -9.62% [12] - Over the past four quarters, Phinia has only beaten consensus EPS estimates once [13] Conclusion - Phinia is viewed as a compelling candidate for an earnings beat, but investors should consider other factors beyond earnings results when making investment decisions [16]