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.

PH was given price targets by several analysts. The maximum price target given was 190, implying potential capital gains of 15.33 percent. The most pessimistic analyst gave a price target of 130, implying potential capital losses of -21.09 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by 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, which can be compared to the 2 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

Analysts estimate earnings of PH to grow at a rate of 31.35 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. 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 below the high by 1.64 percent. 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 stock has a market capitalization of $21.85 billion. PH will post this quarters earnings in days, on 0000-00-00.