Latest news with #PHIN
Yahoo
30-07-2025
- Automotive
- Yahoo
Are Auto-Tires-Trucks Stocks Lagging PHINIA Inc. (PHIN) This Year?
The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Phinia (PHIN) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question. Phinia is one of 96 companies in the Auto-Tires-Trucks group. The Auto-Tires-Trucks group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Phinia is currently sporting a Zacks Rank of #1 (Strong Buy). The Zacks Consensus Estimate for PHIN's full-year earnings has moved 6.8% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the most recent data, PHIN has returned 11.8% so far this year. Meanwhile, the Auto-Tires-Trucks sector has returned an average of -10.4% on a year-to-date basis. As we can see, Phinia is performing better than its sector in the calendar year. One other Auto-Tires-Trucks stock that has outperformed the sector so far this year is QuantumScape Corporation (QS). The stock is up 111.6% year-to-date. In QuantumScape Corporation's case, the consensus EPS estimate for the current year increased 3.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Phinia belongs to the Automotive - Original Equipment industry, a group that includes 50 individual stocks and currently sits at #74 in the Zacks Industry Rank. On average, this group has gained an average of 11.3% so far this year, meaning that PHIN is performing better in terms of year-to-date returns. QuantumScape Corporation is also part of the same industry. Going forward, investors interested in Auto-Tires-Trucks stocks should continue to pay close attention to Phinia and QuantumScape Corporation as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PHINIA Inc. (PHIN) : Free Stock Analysis Report QuantumScape Corporation (QS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Insider
29-07-2025
- Business
- Business Insider
Bank of America Securities Remains a Buy on PHINIA Inc. (PHIN)
Bank of America Securities analyst Federico Merendi maintained a Buy rating on PHINIA Inc. today and set a price target of $60.00. The company's shares closed today at $53.85. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Merendi covers the Consumer Cyclical sector, focusing on stocks such as PHINIA Inc., Tesla, and Lucid Group. According to TipRanks, Merendi has an average return of 2.0% and a 53.85% success rate on recommended stocks. In addition to Bank of America Securities, PHINIA Inc. also received a Buy from Northland Securities's Bobby Brooks in a report issued on July 25. However, on the same day, UBS maintained a Hold rating on PHINIA Inc. (NYSE: PHIN). PHIN market cap is currently $2.04B and has a P/E ratio of 20.22. Based on the recent corporate insider activity of 132 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PHIN in relation to earlier this year. Last month, Neil Fryer, the VP and GM Global Aftermarket of PHIN bought 23.00 shares for a total of $974.97.
Daily Mirror
05-06-2025
- Health
- Daily Mirror
Almost a million Brits have used private healthcare amid NHS delays, data shows
New data from the Private Healthcare Information Network (PHIN) has shown that more UK patients than ever are turning to private healthcare to beat NHS delays Record numbers of Brits are choosing private healthcare over NHS waits, with fresh figures showing a shift due to NHS delays. The NHS waiting lists saw an uptick in March this year, and despite some feeling as if they're turning their backs on the cherished NHS, the Private Healthcare Information Network (PHIN) reported that a staggering 939,000 people opted for private treatment last year, marking a 3% rise from 2023. Now, less patients are paying for it themselves via savings, loans or fund-raising. Instead, many are turning to private medical insurance as a means to cover their costs, with many companies offering private healthcare cover as employee incentives. PHIN's Chief Executive, Dr Ian Gargan, an advocate for transparent private healthcare costs, highlighted the inner conflict for some patients considering private options. There's a sense of unease and perceived disloyalty towards the National Health Service. He said: "The NHS is a very unique, amazing organisation. It's very much in the psyche and entrenched in individuals in this country, rightfully, that they're afforded free accessible healthcare because they pay their taxes." He added: "I think there's a real sense that people are reluctant to leave the NHS, they respect it and it's a shrine and they know that it's full of great people who work really hard. I've met a lot of patients who think if they go and access private healthcare, it's almost a betrayal of the NHS." London has emerged as one of the biggest hotspots for Brits turning to the private health sector. The East of England was the only region where the numbers dipped. In Scotland, there was a 6% increase up to 50,000 private hospital admissions in 2024. Wales saw the same 6% increase, with 32,000, and a 12% surge in Northern Ireland to 24,000. Procedures like colonoscopies and gastroscopies have seen a rise. Cataracts, hip and knee operations are popular with those aged over 50. However, younger generations are using it for blood tests and x-rays. Richard Wells, PHIN's Director of Information, said: "There is no doubt that the private sector continued to make a significant contribution to the UK's healthcare in 2024. "Every country saw record figures for several measures, including total admissions, insured admissions, and number of active consultants. And it was sustained growth; every quarter in 2024 had a record number of admissions compared to the equivalent period in previous years. "Private hospital admissions are also becoming more universal. People in their 50s remain the biggest users of private healthcare, but there was an increase in admissions for all age groups from 0 to 69. "With the recent news that NHS waiting lists have increased in March 2025, it's likely that PHIN will continue to report record levels of private hospital admissions."
Telegraph
04-06-2025
- Business
- Telegraph
Patients turn to private healthcare as NHS cuts funding
Patients have turned to private healthcare as the NHS cuts finding to procedures for common conditions. Private operations such as cataract surgery went up by 39 per cent, hernia repair by 110 per cent and tonsillectomies by 105 per cent since the procedures were deemed 'of limited value' by the NHS, new figures reveal. Analysis of the latest data from the Private Healthcare Information Network (PHIN) also revealed private admissions in England for breast reductions have increased by 61 per cent, and circumcision by 118 per cent. While carpal tunnel syndrome treatment was up 64 per cent and adenoid removals by 145 per cent, according to statistics. The numbers have risen since the introduction of a list of procedures NHS commissioners have been guided away from funding. The Evidence-based Intervention (EBI) list was created to reduce the number of medical or surgical interventions, which could be inappropriate for some patients in some circumstances – and to save the NHS money. Postcode lottery Jim Easton, of Practice Plus Group hospitals, which performed the analysis, said: 'It is correct that there are proper eligibility criteria to ensure that only those people who will benefit from surgery are offered it. 'In the last six years, however, through a combination of the Covid backlog, increasing financial pressures on the NHS, and the growing list of procedures they actively try to restrict, we have seen a marked increase in people in debilitating pain or discomfort who are perfect candidates for surgery but can't get the referral.' He said NHS bosses need to make sure the EBI programme 'is not drifting from one intended to benefit patients' to 'one that is more intent on cost-cutting'. 'More and more patients are voting with their feet and continuing to seek out these surgeries even if they have to pay for them,' he added before warning of a postcode lottery. 'The EBI list has also created a postcode lottery, for example, where in one area it has adopted the list in its entirety and someone would find it almost impossible to get the treatment they need, in another, the NHS commissioners have recognised their population needs and adapted the list. 'The knock-on effect in not offering these treatments is the gradual disappearance of specialists with enough experience in delivering them, or enough younger doctors trained to perform them.'
