Phibro Animal Health (NASDAQ:PAHC) Share Price Crosses Above Fifty Day Moving Average of $15.85

Phibro Animal Health Co. (NASDAQ:PAHCGet Free Report)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $15.85 and traded as high as $17.04. Phibro Animal Health shares last traded at $16.93, with a volume of 152,311 shares trading hands.

Analyst Upgrades and Downgrades

PAHC has been the subject of a number of analyst reports. StockNews.com raised shares of Phibro Animal Health from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th. Barclays upped their target price on shares of Phibro Animal Health from $10.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, May 10th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $14.75.

View Our Latest Report on PAHC

Phibro Animal Health Stock Performance

The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.67 and a current ratio of 3.16. The stock’s fifty day moving average price is $15.85 and its 200-day moving average price is $13.18. The company has a market capitalization of $685.67 million, a P/E ratio of 52.91, a PEG ratio of 5.68 and a beta of 0.59.

Phibro Animal Health (NASDAQ:PAHCGet Free Report) last issued its earnings results on Wednesday, May 8th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. Phibro Animal Health had a net margin of 1.32% and a return on equity of 17.11%. The company had revenue of $263.20 million for the quarter, compared to analysts’ expectations of $251.82 million. As a group, research analysts anticipate that Phibro Animal Health Co. will post 1.13 EPS for the current fiscal year.

Phibro Animal Health Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 26th. Investors of record on Wednesday, June 5th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, June 5th. This represents a $0.48 dividend on an annualized basis and a yield of 2.84%. Phibro Animal Health’s dividend payout ratio (DPR) is currently 150.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of PAHC. China Universal Asset Management Co. Ltd. grew its stake in Phibro Animal Health by 358.6% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 2,357 shares of the company’s stock valued at $27,000 after buying an additional 1,843 shares during the last quarter. Fidelis Capital Partners LLC acquired a new position in shares of Phibro Animal Health during the 1st quarter worth approximately $46,000. Quest Partners LLC acquired a new position in shares of Phibro Animal Health during the 4th quarter worth approximately $56,000. Tower Research Capital LLC TRC grew its position in shares of Phibro Animal Health by 549.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 8,200 shares of the company’s stock worth $95,000 after purchasing an additional 6,938 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of Phibro Animal Health by 19.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 8,500 shares of the company’s stock worth $98,000 after purchasing an additional 1,370 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

About Phibro Animal Health

(Get Free Report)

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.

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