Phibro Animal Health Corp. (NASDAQ:PAHC) was downgraded by stock analysts at Macquarie from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Friday.

Several other research firms have also recently weighed in on PAHC. Gabelli cut shares of Phibro Animal Health Corp. from a “buy” rating to a “hold” rating in a research report on Thursday. TheStreet upgraded shares of Phibro Animal Health Corp. from a “hold” rating to a “buy” rating in a research report on Friday, September 30th. Guggenheim set a $30.00 price objective on shares of Phibro Animal Health Corp. and gave the stock a “buy” rating in a research report on Monday, September 12th. Zacks Investment Research upgraded shares of Phibro Animal Health Corp. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 2nd. Finally, Morgan Stanley set a $23.00 price objective on shares of Phibro Animal Health Corp. and gave the stock a “sell” rating in a research report on Sunday, September 4th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $30.67.

Analyst Recommendations for Phibro Animal Health Corp. (NASDAQ:PAHC)

Shares of Phibro Animal Health Corp. (NASDAQ:PAHC) opened at 29.55 on Friday. Phibro Animal Health Corp. has a 12 month low of $16.80 and a 12 month high of $35.69. The firm has a market cap of $1.16 billion, a PE ratio of 14.28 and a beta of 1.38. The stock has a 50 day moving average price of $26.38 and a 200 day moving average price of $22.29.

Phibro Animal Health Corp. (NASDAQ:PAHC) last announced its earnings results on Wednesday, November 9th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.34 by $0.02. The business had revenue of $188 million for the quarter, compared to the consensus estimate of $188.85 million. Phibro Animal Health Corp. had a return on equity of 82.76% and a net margin of 10.13%. Phibro Animal Health Corp.’s revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.44 EPS. On average, equities research analysts expect that Phibro Animal Health Corp. will post $1.41 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 21st. Shareholders of record on Wednesday, November 30th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend is Monday, November 28th. Phibro Animal Health Corp.’s payout ratio is 21.05%.

Several hedge funds have recently modified their holdings of the stock. Municipal Employees Retirement System of Michigan boosted its stake in Phibro Animal Health Corp. by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 4,110 shares of the company’s stock worth $112,000 after buying an additional 70 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in Phibro Animal Health Corp. by 102.6% in the second quarter. BNP Paribas Arbitrage SA now owns 6,150 shares of the company’s stock worth $115,000 after buying an additional 3,114 shares in the last quarter. Nuveen Fund Advisors LLC purchased a new stake in Phibro Animal Health Corp. during the second quarter worth approximately $196,000. Advisors Preferred LLC purchased a new stake in Phibro Animal Health Corp. during the third quarter worth approximately $213,000. Finally, Capstone Asset Management Co. purchased a new stake in Phibro Animal Health Corp. during the third quarter worth approximately $214,000. Institutional investors own 47.99% of the company’s stock.

About Phibro Animal Health Corp.

Phibro Animal Health Corporation is an animal health and mineral nutrition company. The Company is engaged in developing, manufacturing and marketing products for a range of food animals, including poultry, swine, beef and dairy cattle, and aquaculture. The Company operates through three segments: Animal Health, Mineral Nutrition and Performance Products.

5 Day Chart for NASDAQ:PAHC

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