Parker-Hannifin Stock Today

PH
 Stock
  

USD 295.76  4.98  1.66%   

Market Performance
8 of 100
Odds Of Distress
Less than 12
Parker-Hannifin Corp is trading at 295.76 as of the 19th of August 2022. This is a -1.66 percent decrease since the beginning of the trading day. The stock's open price was 300.74. Parker-Hannifin Corp has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Parker-Hannifin Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of July 2022 and ending today, the 19th of August 2022. Click here to learn more.
CUSIP
701094104
Fiscal Year End
June
Business Domain
Capital Goods
IPO Date
1st of July 1985
Category
Industrials
Classification
Industrials
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. The company has 128.51 M outstanding shares of which 1.85 M shares are at this time sold short in the market by investors with about 2.05 days to cover all shorted shares. More on Parker-Hannifin Corp

Moving together with Parker-Hannifin Corp

0.92ROKRockwell Automation Fiscal Year End 1st of November 2022 PairCorr
0.95SANMSanmina Corp Fiscal Year End 14th of November 2022 PairCorr
0.97TDGTransdigm Group Fiscal Year End 15th of November 2022 PairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Parker-Hannifin Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Parker-Hannifin Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Parker-Hannifin Corp or challenge it. These highlights can help you better understand the position you are entering 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 MacroaxisInsider: Parker-Hannifin Corp exotic insider transaction detected
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Parker-Hannifin Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Parker-Hannifin Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Chairman, CEO and PresDonald Washkewicz
Average Analyst Recommendation
Analysts covering Parker-Hannifin Corp report their recommendations after researching Parker-Hannifin Corp's financial statements, talking to executives and customers, or listening in on Parker-Hannifin Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Parker-Hannifin Corp. The Parker-Hannifin consensus assessment is calculated by taking the average forecast from all of the analysts covering Parker-Hannifin Corp.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Parker-Hannifin Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Parker-Hannifin Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares160.3 M148.3 M
Significantly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted162.7 M150.5 M
Significantly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations1.9 B2.3 B
Significantly Down
Increasing
Slightly volatile
Total Assets15.6 B18.3 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities9.2 B10.7 B
Fairly Down
Increasing
Slightly volatile
Current Assets4.9 B5.1 B
Sufficiently Down
Increasing
Stable
Current Liabilities2.7 B2.8 B
Sufficiently Down
Increasing
Stable
Total Debt8.8 B8.2 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets9.8610.02
Fairly Down
Increasing
Slightly volatile
Gross Margin22.9424.45
Notably Down
Increasing
Slightly volatile
Asset Turnover0.990.82
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Parker-Hannifin Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Financial Strength
Parker-Hannifin Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Parker-Hannifin Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Parker-Hannifin Corp's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Parker-Hannifin Corp's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Parker-Hannifin Corp's financial leverage. It provides some insight into what part of Parker-Hannifin Corp's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Parker-Hannifin Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Parker-Hannifin Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Parker-Hannifin Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 8.15 B of total liabilities with total debt to equity ratio (D/E) of 0.91, which is normal for its line of buisiness. Parker-Hannifin Corp has a current ratio of 1.49, which is generally considered normal. Debt can assist Parker-Hannifin Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Parker-Hannifin Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Parker-Hannifin Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Parker-Hannifin to invest in growth at high rates of return. When we think about Parker-Hannifin Corp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.86 Billion
Parker-Hannifin Corp (PH) is traded on New York Stock Exchange in USA and employs 54,640 people. The company currently falls under 'Large-Cap' category with market capitalization of 38.45 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 Corp is active under Industrials sector as part of Specialty Industrial Machinery industry. The entity has 128.51 M outstanding shares of which 1.85 M shares are at this time sold short in the market by investors with about 2.05 days to cover all shorted shares. Parker-Hannifin Corp reports about 506.27 M in cash with 2.24 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.94.
Check Parker-Hannifin Corp Probability Of Bankruptcy
Ownership
Parker-Hannifin Corp owns a total of one hundred twenty-eight million five hundred nine thousand nine hundred ninety-nine outstanding shares. The majority of Parker-Hannifin Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Parker-Hannifin Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Parker-Hannifin Corp. Please pay attention to any change in the institutional holdings of Parker-Hannifin Corp as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Parker-Hannifin Ownership Details

Parker-Hannifin Stock Price Odds Analysis

What are Parker-Hannifin Corp's target price odds to finish over the current price? In reference to a normal probability distribution, the odds of Parker-Hannifin Corp jumping above the current price in 90 days from now is about 8.37%. The Parker-Hannifin Corp probability density function shows the probability of Parker-Hannifin Corp stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.3295 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Parker-Hannifin Corp will likely underperform. Additionally, the company has an alpha of 0.0725, implying that it can generate a 0.0725 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 295.76HorizonTargetOdds Above 295.76
91.56%90 days
 295.76 
8.37%
Based on a normal probability distribution, the odds of Parker-Hannifin Corp to move above the current price in 90 days from now is about 8.37 (This Parker-Hannifin Corp probability density function shows the probability of Parker-Hannifin Stock to fall within a particular range of prices over 90 days) .

Parker-Hannifin Corp Historical Income Statement

Parker-Hannifin Corp Income Statement is one of the three primary financial statements used for reporting Parker-Hannifin's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Parker-Hannifin Corp revenue and expense. Parker-Hannifin Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Parker-Hannifin Corp Weighted Average Shares is most likely to decrease significantly in the upcoming years. The last year's value of Weighted Average Shares was reported at 148.35 Million. The current Weighted Average Shares Diluted is estimated to increase to about 162.7 M, while Direct Expenses is projected to decrease to roughly 9.1 B. View More Fundamentals

Parker-Hannifin Stock Against Markets

Picking the right benchmark for Parker-Hannifin Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Parker-Hannifin Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Parker-Hannifin Corp is critical whether you are bullish or bearish towards Parker-Hannifin Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Parker-Hannifin Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Fund Screener Now

   

Fund Screener

Find actively-traded funds from around the world traded on over 30 global exchanges
All  Next Launch Module

Parker-Hannifin Corp Corporate Directors

Parker-Hannifin Corp corporate directors refer to members of a Parker-Hannifin Corp board of directors. The board of directors generally takes responsibility for the Parker-Hannifin Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Parker-Hannifin Corp's board members must vote for the resolution. The Parker-Hannifin Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jillian Evanko - Independent DirectorProfile
Robert Kohlhepp - Lead Independent DirectorProfile
KlausPeter Mueller - Independent DirectorProfile
Lance Fritz - Independent DirectorProfile

Invested in Parker-Hannifin Corp?

You need to understand the risk of investing before taking a position in Parker-Hannifin Corp. The danger of trading Parker-Hannifin Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Parker-Hannifin Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Parker-Hannifin Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Parker-Hannifin Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Parker-Hannifin Stock analysis

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.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
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
-0.74
Market Capitalization
39.3 B
Quarterly Revenue Growth YOY
0.058
Return On Assets
0.0769
Return On Equity
0.15
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.