Parker-Hannifin Stock Analysis

PH
 Stock
  

USD 292.55  0.27  0.09%   

The modest gains experienced by current holders of Parker-Hannifin Corp may encourage stockholders to take a closer look at the company as it is trading at a share price of 292.55 on 595,812 in trading volume. The company management teams have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.93. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The Parker-Hannifin Corp stock analysis report makes it easy to digest most publicly released information about Parker-Hannifin Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Parker-Hannifin Stock analysis module also helps to analyze the Parker-Hannifin Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Parker-Hannifin Stock Analysis Notes

About 85.0% of the company shares are owned by institutional investors. The book value of Parker-Hannifin Corp was at this time reported as 66.07. The company has Price/Earnings To Growth (PEG) ratio of 1.98. Parker-Hannifin Corp recorded earning per share (EPS) of 14.35. The entity next dividend is scheduled to be issued on the 12th of May 2022. The firm had 3:2 split on the 2nd of October 2007. Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company was founded in 1917 and is headquartered in Cleveland, Ohio. Parker-Hannifin Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 54640 people. To find out more about Parker-Hannifin Corp contact Donald Washkewicz at 216 896-3000 or learn more at www.parker.com.

Parker-Hannifin Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Parker-Hannifin Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Parker-Hannifin Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Parker-Hannifin Corp has a frail financial position based on the latest SEC disclosures
Over 85.0% of the company shares are owned by institutional investors
Latest headline from www.marketscreener.com: Parker Announces Retirement of Andrew M. Weeks, Vice President and President - Engineered Materials Group - Marketscreener.com

Parker-Hannifin Corp Upcoming and Recent Events

Earnings reports are used by Parker-Hannifin Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Parker-Hannifin Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report3rd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End4th of August 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Parker-Hannifin Largest EPS Surprises

Earnings surprises can significantly impact Parker-Hannifin Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2003-10-15
2003-09-300.270.320.0518 
2001-04-17
2001-03-310.480.530.0510 
1999-10-18
1999-09-300.40.450.0512 
View All Earnings Estimates

Parker-Hannifin Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Parker-Hannifin Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Parker-Hannifin Corp backward and forwards among themselves. Parker-Hannifin Corp's institutional investor refers to the entity that pools money to purchase Parker-Hannifin Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Victory Capital Management IncCommon Shares1.3 M330.4 M
Maj Invest Holding ACommon Shares1.2 M294.6 M
Sumitomo Mitsui Trust Holdings IncCommon Shares845.3 K208 M
Dekabank Deutsche GirozentraleCommon Shares657.7 K160.7 M
Homestead Advisers CorpCommon Shares431.1 K106.1 M
Lazard Freres Gestion SasCommon Shares334.2 K80.7 M
Assenagon Asset Management SaCommon Shares323 K79.5 M
Note, although Parker-Hannifin Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Parker-Hannifin Market Capitalization

The company currently falls under 'Large-Cap' category with market capitalization of 37.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parker-Hannifin Corp's market, we take the total number of its shares issued and multiply it by Parker-Hannifin Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Parker-Hannifin Profitablity

Parker-Hannifin Corp's profitability indicators refer to fundamental financial ratios that showcase Parker-Hannifin Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Parker-Hannifin Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Parker-Hannifin Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Parker-Hannifin Corp's profitability requires more research than a typical breakdown of Parker-Hannifin Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of 10.82 %, which may suggest that it has sound control over its expenditures, executes well on its competitive polices, or have a solid pricing strategies. This is very large. Likewise, it shows Net Operating Margin (NOM) of 21.5 %, which signifies that for every $100 of sales, it has a net operating income of 0.22.
Last ReportedProjected for 2022
Return on Investment 18.45  19.50 
Return on Average Assets 10.02  9.86 
Return on Average Equity 21.66  19.61 
Return on Invested Capital 0.26  0.26 
Return on Sales 0.17  0.16 

Management Efficiency

The entity has Return on Asset (ROA) of 8.2 % which means that for every $100 of asset, it generated profit of $8.2. This is typical in the industry. Likewise, it shows return on total equity (ROE) of 20.66 %, which means that it produced $20.66 on every 100 dollars invested by current stockholders. Parker-Hannifin Corp management efficiency ratios could be used to measure how well parker-hannifin corp manages its routine affairs as well as how well it operates its assets and liabilities. The current Return on Investment is estimated to increase to 19.50, while Return on Average Assets are projected to decrease to 9.86. Parker-Hannifin Corp Net Current Assets as percentage of Total Assets are most likely to drop slightly in the upcoming years. The last year's value of Net Current Assets as percentage of Total Assets was reported at 14.25. The current Asset Turnover is estimated to increase to 0.99, while Total Assets are projected to decrease to roughly 15.6 B.
Last ReportedProjected for 2022
Book Value per Share 53.45  49.36 
Enterprise Value over EBIT 13.80  14.26 
Enterprise Value over EBITDA 11.69  11.73 
Price to Book Value 4.21  3.88 
Tangible Assets Book Value per Share 92.69  79.94 
Enterprise Value29.9 B26 B
Tangible Asset Value11.9 B10.7 B

Technical Drivers

As of the 8th of August, Parker-Hannifin Corp holds the Risk Adjusted Performance of 0.0787, coefficient of variation of 1805.78, and Semi Deviation of 1.92. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parker-Hannifin Corp, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Parker-Hannifin Corp, which can be compared to its competitors. Please check Parker-Hannifin Corp information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Parker-Hannifin Corp is priced some-what accurately, providing market reflects its current price of 292.55 per share. Given that Parker-Hannifin Corp has jensen alpha of 0.1281, we recommend you to check out Parker-Hannifin Corp's recent market performance to make sure the company can sustain itself at a future point.

Parker-Hannifin Corp Price Movement Analysis

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Parker-Hannifin Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Parker-Hannifin Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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Parker-Hannifin Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Parker-Hannifin Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Parker-Hannifin Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Parker-Hannifin Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Parker-Hannifin Corp Outstanding Bonds

Parker-Hannifin Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Parker-Hannifin Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Parker-Hannifin bonds can be classified according to their maturity, which is the date when Parker-Hannifin Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Parker-Hannifin Corp Predictive Daily Indicators

Parker-Hannifin Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Parker-Hannifin Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Parker-Hannifin Corp Forecast Models

Parker-Hannifin Corp time-series forecasting models is one of many Parker-Hannifin Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Parker-Hannifin Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Parker-Hannifin Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Parker-Hannifin Corp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Parker-Hannifin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Parker-Hannifin Corp. By using and applying Parker-Hannifin Stock analysis, traders can create a robust methodology for identifying Parker-Hannifin entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 14.87  12.87 
EBITDA Margin 17.36  15.18 
Gross Margin 24.45  22.94 
Profit Margin 10.95  9.28 
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company was founded in 1917 and is headquartered in Cleveland, Ohio. Parker-Hannifin Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 54640 people.

Current Parker-Hannifin Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Parker-Hannifin analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Parker-Hannifin analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
347.08Buy12Odds
Parker-Hannifin Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Parker-Hannifin analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Parker-Hannifin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Parker-Hannifin Corp, talking to its executives and customers, or listening to Parker-Hannifin conference calls.
Parker-Hannifin Analyst Advice Details

Parker-Hannifin Stock Analysis Indicators

Parker-Hannifin Corp stock analysis indicators help investors evaluate how Parker-Hannifin Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Parker-Hannifin Corp shares will generate the highest return on investment. By understating and applying Parker-Hannifin Corp stock analysis, traders can identify Parker-Hannifin Corp position entry and exit signals to maximize returns.
Quick Ratio0.56
Trailing Annual Dividend Rate3.82
Fifty Two Week Low230.44
Revenue Growth9.10%
Payout Ratio31.81%
Average Daily Volume Last 10 Day716.47k
Shares Short Prior Month1.36M
Average Daily Volume In Three Month776.54k
Earnings Growth-25.80%
Shares Percent Shares Out1.44%
Earnings Quarterly Growth-26.40%
Gross Margins28.17%
Forward Price Earnings15.43
Short Percent Of Float1.45%
Float Shares127.6M
Fifty Two Week High340.00
Fifty Day Average261.14
Enterprise Value To Ebitda13.32
Two Hundred Day Average289.59
Enterprise Value To Revenue2.86
Trailing Annual Dividend Yield1.32%
Please check Your Equity Center. Note that the Parker-Hannifin Corp information on this page should be used as a complementary analysis to other Parker-Hannifin Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Parker-Hannifin Corp price analysis, check to measure Parker-Hannifin Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parker-Hannifin Corp is operating at the current time. Most of Parker-Hannifin Corp's value examination focuses on studying past and present price action to predict the probability of Parker-Hannifin Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Parker-Hannifin Corp's price. Additionally, you may evaluate how the addition of Parker-Hannifin Corp to your portfolios can decrease your overall portfolio volatility.
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Is Parker-Hannifin Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parker-Hannifin Corp. If investors know Parker-Hannifin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parker-Hannifin Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.26
Market Capitalization
37.6 B
Quarterly Revenue Growth YOY
0.091
Return On Assets
0.082
Return On Equity
0.21
The market value of Parker-Hannifin Corp is measured differently than its book value, which is the value of Parker-Hannifin that is recorded on the company's balance sheet. Investors also form their own opinion of Parker-Hannifin Corp's value that differs from its market value or its book value, called intrinsic value, which is Parker-Hannifin Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parker-Hannifin Corp's market value can be influenced by many factors that don't directly affect Parker-Hannifin Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parker-Hannifin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Parker-Hannifin Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker-Hannifin Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.