Analyst Ratings for Parker Hannifin Corp. (PH)

Updated: 2017-07-29

Analysts covering Parker Hannifin Corp. (NYSE:PH) have given it a consensus rating of Overweight. Last month, PH received an average rating of Overweight.

14 analysts declared PH a buy, 1 issued an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for PH by the analysts covering the stock. The most optimistic price target was 190, implying a possible profit of 15.33 percent. The lowest price target was 130, implying a possible loss of -21.09 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.65 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.63 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.06 percent. If we look at the last 90 days instead, we find a net average change of 2.52 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

The growth rate of PH's earnings is estimated by analysts to be 31.35 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PH is 0.77.

In the trailing 52-weeks, PH hit 167.50 at the highest peak, while it's lowest trading point was 112.26. Today's price is 46.76 percent above the 52-week low, and 1.64 percent lower than its 52-week high. PH has a price/earnings ratio of 24.05. Investors typically compare the P/E ratio to a company's peers in the industry. The PH value stock report compares PH to some of its peers using value stock charts. The market cap of PH is $21.85 billion. PH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.