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 most optimistic price target was 190, which equates to a potential upside of 15.33 percent. The most pessimistic price target was 130, which equates to a potential downside 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.65 percent. That number becomes 1.63 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.06 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.52 percent.

People are often interested in whether analysts were united in the direction of their 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, while 1 analysts made negative revisions to their fiscal year's estimates.

PH has an estimated earnings growth rate of 31.35 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. PH has a PEG ratio of 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 P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.