PHINIA Inc. Common Stock (PHIN)

BofA analysts discussed the impact of tariffs on automakers, with Ford and GM at high risk of negative ratings. Ford is pushing forward with low-cost EVs and connected vehicle subscriptions, while GM is focusing on Cadillac's EV transformation and Formula One participation. Tariffs may cost OEMs $6k-$8k per car, with potential cost passes to consumers.

Companies Reporting Before The Bell • Gatos Silver (NYSE:GATO) is estimated to report quarterly earnings at $0.09 per share on revenue of $83.00 million.

On Thursday, PHINIA[ stock earned a positive adjustment to its Relative Strength (RS) Rating, from 88 to 91.

An analysis of spinoff stocks shows that recently separated companies can often be a good long-term investment opportunity.

PHIN stock results show that Phinia beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

Analyst initiates coverage on Phinia with Overweight rating and $50 price target. Sees potential for strong cash flows and dividends in the long-term despite current EV market challenges.

Companies Reporting Before The Bell • Kosmos Energy (NYSE:KOS) is expected to report quarterly earnings at $0.16 per share on revenue of $366.82 million.

I like the direction BorgWarner is heading. And I like the fact that the firm provides an under-the-radar way to play the EV revolution. As more people understand the company’s strengths in this space, demand for these shares should rise.

Phinia emerged as parent BorgWarner shifts to electrification.