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.

Investment analysts gave a few price targets for PH. The highest price target was 190, implying potential capital gains of 15.33 percent. The most pessimistic price target was 130, which equates to a potential downside 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.65 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.63 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.06 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.52 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

Analysts estimate earnings of PH to grow at a rate of 31.35 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PH is 0.77.

PH has traded between a high of 167.50 and a low of 112.26 over the past year. Currently the stock is 46.76 percent higher than its low, and 1.64 percent below the 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.