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.

Many analysts weighed in on price targets for PH. 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. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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 have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY 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. 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. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. PH has a PEG ratio of 0.77.

PH has a 52-week high of 167.50 and a 52-week low of 112.26. Currently the stock is 46.76 percent higher than its 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 market cap of PH is $21.85 billion. PH's next earnings release will be on 0000-00-00, which is days away.