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Parker Hannifin (PH)
NYSE:PH
Parker Hannifin (PH) Stock Price & Analysis
1,017 Followers
PH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$315.90 - $570.15
Previous Close$550.79
Volume674.70K
Average Volume (3M)584.67K
Market Cap
$70.80B
Enterprise Value$82.20B
Total Cash (Recent Filing)$393.87M
Total Debt (Recent Filing)$11.79B
Price to Earnings (P/E)25.9
Beta1.20
Next Earnings
Aug 01, 2024EPS EstimateN/A
Next Dividend Ex-Date
May 09, 2024Dividend Yield1.07%
Share Statistics
EPS (TTM)21.23
Shares Outstanding128,410,854
10 Day Avg. Volume731,720
30 Day Avg. Volume584,671
Standard Deviation0.10
R-Squared0.67
Alpha0.00893
Financial Highlights & Ratios
Price to Book (P/B)-9.15
Price to Sales (P/S)3.61
Price to Cash Flow (P/CF)24.50
P/FCF Ratio24.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.15
Enterprise Value/Gross Profit12.79
Enterprise Value/Ebitda17.04
Forecast
1Y Price Target
$605.08Price Target Upside9.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
Parker Hannifin News
Bulls Say, Bears Say
Bulls Say
Earnings And Financial GuidanceParker Hannifin Corp. reported a strong beat and raise, with North American orders off to a good start and raised its full-year earnings per share guidance, potentially suggesting conservative estimates based on typical earnings seasonality.
Financial Health And Debt ManagementThe company is effectively reducing debt, with Net debt/adjusted EBITDA showing a downward trend, enhancing its financial health and stability for future growth.
Operational Efficiency And Sales GrowthAerospace organic sales significantly increased, with commercial aftermarket sales performing especially strong, and both Industrial businesses expanded margins despite negative growth, showcasing the company's operational efficiency.
Bears Say
Financial PerformanceDiversified Industrial North America reported sales decrease of 1.4%, with a further 1.5% decline organically, highlighting lower demand from distributors and end users.
Industrial Segment DemandIndustrial segments are facing order declines due to original equipment manufacturer (OEM) customer production cuts.
Order BacklogIndustrial segment's backlog has decreased by 10.8% year over year, with implied orders also down by 5.5%, signaling potential revenue drops ahead.
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Ownership Overview
2.33% Insiders
26.06% Mutual Funds
21.56% Other Institutional Investors
50.05% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PH FAQ
What was Parker Hannifin’s price range in the past 12 months?
Parker Hannifin lowest stock price was $315.90 and its highest was $570.15 in the past 12 months.
What is Parker Hannifin’s market cap?
Currently, no data Available
When is Parker Hannifin’s upcoming earnings report date?
Parker Hannifin’s upcoming earnings report date is Aug 01, 2024 which is in 85 days.
How were Parker Hannifin’s earnings last quarter?
Parker Hannifin released its earnings results on May 02, 2024. The company reported $6.51 earnings per share for the quarter, beating the consensus estimate of $6.115 by $0.395.
Is Parker Hannifin overvalued?
According to Wall Street analysts Parker Hannifin’s price is currently Undervalued.
Does Parker Hannifin pay dividends?
Parker Hannifin pays a Quarterly dividend of $1.63 which represents an annual dividend yield of 1.07%. See more information on Parker Hannifin dividends here
What is Parker Hannifin’s EPS estimate?
Parker Hannifin’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Parker Hannifin have?
Parker Hannifin has 128,540,990 shares outstanding.
What happened to Parker Hannifin’s price movement after its last earnings report?
Parker Hannifin reported an EPS of $6.51 in its last earnings report, beating expectations of $6.115. Following the earnings report the stock price went down -2.262%.
Which hedge fund is a major shareholder of Parker Hannifin?
Among the largest hedge funds holding Parker Hannifin’s share is Diamond Hill Capital Management Inc. It holds Parker Hannifin’s shares valued at 451M.
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Parker Hannifin Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$605.08 (9.86% Upside)
$605.08 (9.86% Upside)
Blogger Sentiment
Bullish
PH Sentiment 85%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 20.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 2.8%
Last 30 Days ▲ 2.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
67.70%
12-Months-Change
Fundamentals
Return on Equity
25.90%
Trailing 12-Months
Asset Growth
-3.07%
Trailing 12-Months
Company Description
Parker Hannifin
Ohio-based Parker-Hannifin Corp. manufactures and sells motion and control technologies and systems. The company provides engineered solutions for mobile, industrial, and aerospace markets. It operates through the following segments: Diversified Industrial and Aerospace Systems.
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PH Company Deck
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PH Earnings Call
Q3 2024
0:00 / 0:00
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PH Revenue Breakdown
77.13% Diversified Industrial
22.87% Aerospace Systems
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PH Stock 12 Months Forecast
Average Price Target
$605.08
▲(9.86% Upside)
Technical Analysis
Best Analysts Covering PH
1 Year
1 Year Success Rate
22/28 ratings generated profit
1 Year Average Return
+34.06%
reiterated a buy rating 5 days ago
Copying Julian Mitchell's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +34.06% per trade.
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