Targets FY29 organic growth CAGR 4%-6%. Targets FY29 adjusted operating margin 27%. Targets FY29 adjusted EBITDA margin 28%. Targets FY29 free cash flow margin 17%. Targets taken from Parker-Hannifin investor meeting presentation slides.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PH:
- Parker-Hannifin price target raised to $590 from $550 at Argus
- Parker-Hannifin price target raised to $611 from $602 at Truist
- Parker-Hannifin price target raised to $550 from $490 at Mizuho
- Parker-Hannifin price target lowered to $618 from $625 at Barclays
- Parker-Hannifin reports Q3 adjusted EPS $6.51, consensus $6.12