How to Buy Phinia Stock
Phinia Inc
Phinia is a auto part company located in Michigan, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker PHIN on the NYSE exchange.
Phinia stock last closed at $43.68, up 1.72% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Auto Parts industry by N/A percentage points. Phinia stock is currently +86.19% from its 52-week low of $23.46, and -0.02% from its 52-week high of $43.69.
There are currently 45.68M PHIN shares outstanding. The market value of PHIN is $2.00B. In the last 24 hours, 435,666 PHIN shares were traded.
How to Buy Phinia Stock
Wondering how to invest in Phinia stock? Here's how.
- Choose where to buy Phinia stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Phinia stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your method of payment and add your details.
- Research Phinia stock: The Phinia ticker symbol is PHIN. Is Phinia stock a good investment? Should you buy shares of PHIN? How do PHIN's underlying business fundamentals look? Do top analysts think Phinia is a good buy? Why has PHIN's stock price moved recently? (Hint: Our stock research tools can help you evaluate if PHIN is a good stock to buy).
- Place your PHIN purchase: Decide if you will purchase PHIN shares at the current market price or use a limit order to buy PHIN shares at a specific price.
- Get the latest news on your PHIN investment: Create a watchlist to key updates about your investment in Phinia stock.
Step 1: Choose where to buy Phinia stock
You need an online brokerage account in order to access the NYSE market and buy PHIN stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
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- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you can invest in PHIN today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on a good stock buying app, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of depositing money into your brokerage account.
Step 4: Research Phinia stock
Once you have figured out the best place to buy Phinia stock, it's absolutely critical to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Phinia stock at a glance
Phinia Fundamentals
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on PHIN's stock page.
What is the fair value of PHIN stock?
Analysts use many financial metrics, analyses, models, and charts to gauge PHIN's fair value.
Using relative valuations measures:
- PHIN could be undervalued based on its P/B ratio of 1.08x, relative to Auto Parts industry P/B ratio of 1.84x
You can access more valuation analysis on PHIN's stock here.
PHIN Financial Health Summary
Pros:
- There are more short-term assets than long-term liabilities on the PHIN balance sheet.
- There are more short-term assets than short-term liabilities on the PHIN balance sheet.
- PHIN's operating cash flow of $314.00M allows it to safely service it's debt of $796.00M.
Cons:
- PHIN profit margin has gone down from 7.2% to 2.7% in the past year.
- PHIN has a relatively high debt to equity ratio of 1.15.
- PHIN earnings of $274.00M is not sufficient to cover its interest payments.
Is it a good time to buy Phinia stock, according to analysts?
Out of 1 Equities analysts who give forecasts on PHIN, the consensus analyst rating on PHIN is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Phinia stock forecast page.
PHIN Momentum
PHIN Performance Numbers
Last year, PHIN revenue was $3.53B. In the last 1 years, PHIN's revenue has increased by 5.6% per year. This was faster than the Auto Parts industry average of 4.59%.
Learn more about PHIN's earnings and revenue performance here.
Who is buying/selling PHIN?
In the last 12 months, executives and large shareholders at PHIN have sold more shares than they have bought.
Christopher Gustanski, VP Operational Excellence of PHIN, was the latest PHIN insider to sell. They sold $107,397.50 worth of PHIN shares on May 9, 2024.
Learn more about who owns PHIN stock here.
Does PHIN provide a stable income stream?
Phinia pays a dividend of 1.72%, compared to the Auto Parts industry's average dividend yield of 2.48%. If you owned $1,000 worth of PHIN stock, you would have received $17.17 last year.
Find more data about Phinia dividend yield and history here.
What others are saying about PHIN
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your PHIN purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you want more help with buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your PHIN investment
Now that you own some PHIN stock, you'll want to stay up-to-date on your company.
Put PHIN on a watchlist to get notified of the latest news about your PHIN stock.
PHIN Feed
How to Buy Stock in Phinia
To reiterate, here are the 6 steps to buy stock in Phinia:
- Choose where to buy Phinia stock
- Open a brokerage account
- Fund your investment account
- Research Phinia stock
- Place your PHIN purchase
- Get the latest news on your PHIN investment
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Phinia, create a watchlist today.
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