Is Parker Hannifin Stock a Good Investment?
Parker Hannifin Investment Advice | PH |
- Examine Parker Hannifin's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Parker Hannifin's leadership team and their track record. Good management can help Parker Hannifin navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Parker Hannifin's business and its evolving consumer preferences.
- Compare Parker Hannifin's performance and market position to its competitors. Analyze how Parker Hannifin is positioned in terms of product offerings, innovation, and market share.
- Check if Parker Hannifin pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Parker Hannifin's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Parker Hannifin stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Parker Hannifin is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Parker Hannifin Stock
Researching Parker Hannifin's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 84.0% of the company shares are owned by institutional investors. The company recorded earning per share (EPS) of 22.2. Parker Hannifin last dividend was issued on the 8th of November 2024. The entity had 3:2 split on the 2nd of October 2007.
To determine if Parker Hannifin is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Parker Hannifin's research are outlined below:
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Hoses Market Projected Growth to Reach USD 28.25 Billion by 2032, Growing at 9.7 percent CAGR Introspective Market Research |
Parker Hannifin Quarterly Cost Of Revenue |
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Parker Hannifin uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Parker Hannifin. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Parker Hannifin's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Parker Hannifin's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Parker Hannifin's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2003-10-15 | 2003-09-30 | 0.27 | 0.32 | 0.05 | 18 | ||
2001-04-17 | 2001-03-31 | 0.48 | 0.53 | 0.05 | 10 | ||
1999-10-18 | 1999-09-30 | 0.4 | 0.45 | 0.05 | 12 | ||
1997-07-31 | 1997-06-30 | 0.5 | 0.55 | 0.05 | 10 | ||
2000-04-18 | 2000-03-31 | 0.59 | 0.65 | 0.06 | 10 | ||
2002-04-16 | 2002-03-31 | 0.24 | 0.31 | 0.07 | 29 | ||
1997-10-16 | 1997-09-30 | 0.4 | 0.47 | 0.07 | 17 | ||
2002-10-15 | 2002-09-30 | 0.27 | 0.35 | 0.08 | 29 |
Know Parker Hannifin's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Parker Hannifin is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Parker Hannifin backward and forwards among themselves. Parker Hannifin's institutional investor refers to the entity that pools money to purchase Parker Hannifin's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2024-09-30 | 1.8 M | Norges Bank | 2024-06-30 | 1.7 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.6 M | Nuveen Asset Management, Llc | 2024-06-30 | 1.5 M | Wellington Management Company Llp | 2024-06-30 | 1.4 M | Northern Trust Corp | 2024-09-30 | 1.2 M | Royal Bank Of Canada | 2024-06-30 | 1 M | Legal & General Group Plc | 2024-06-30 | 985.3 K | Goldman Sachs Group Inc | 2024-06-30 | 952.5 K | Vanguard Group Inc | 2024-09-30 | 10.7 M | Blackrock Inc | 2024-06-30 | 8.7 M |
Parker Hannifin's market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 90.99 B.Market Cap |
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Parker Hannifin's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.26 | 0.27 | |
| Return On Capital Employed | 0.17 | 0.17 | |
| Return On Assets | 0.10 | 0.05 | |
| Return On Equity | 0.24 | 0.12 |
Determining Parker Hannifin's profitability involves analyzing its financial statements and using various financial metrics to determine if Parker Hannifin is a good buy. For example, gross profit margin measures Parker Hannifin's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Parker Hannifin's profitability and make more informed investment decisions.
Parker Hannifin's Earnings Breakdown by Geography
Evaluate Parker Hannifin's management efficiency
Parker Hannifin has Return on Asset (ROA) of 0.0855 % which means that for every $100 of assets, it generated a profit of $0.0855. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2464 %, which means that it produced $0.2464 on every 100 dollars invested by current stockholders. Parker Hannifin's management efficiency ratios could be used to measure how well Parker Hannifin manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Parker Hannifin's Return On Tangible Assets are increasing as compared to previous years. The Parker Hannifin's current Return On Capital Employed is estimated to increase to 0.17, while Return On Assets are projected to decrease to 0.05. As of now, Parker Hannifin's Intangible Assets are increasing as compared to previous years. The Parker Hannifin's current Other Assets is estimated to increase to about 1.1 B, while Non Currrent Assets Other are projected to decrease to under 574.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 94.01 | 98.71 | |
| Tangible Book Value Per Share | (48.58) | (46.15) | |
| Enterprise Value Over EBITDA | 14.82 | 15.56 | |
| Price Book Value Ratio | 5.33 | 5.60 | |
| Enterprise Value Multiple | 14.82 | 15.56 | |
| Price Fair Value | 5.33 | 5.60 | |
| Enterprise Value | 74.5 B | 78.2 B |
Examining the leadership quality of Parker Hannifin offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Dividend Yield 0.0092 | Forward Dividend Yield 0.0092 | Forward Dividend Rate 6.52 | Beta 1.432 |
Basic technical analysis of Parker Stock
As of the 28th of November, Parker Hannifin holds the Risk Adjusted Performance of 0.1518, coefficient of variation of 520.59, and Semi Deviation of 0.8218. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parker Hannifin, as well as the relationship between them.Parker Hannifin's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Parker Hannifin insiders, such as employees or executives, is commonly permitted as long as it does not rely on Parker Hannifin's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Parker Hannifin insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Parker Hannifin's Outstanding Corporate Bonds
Parker Hannifin issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Parker Hannifin uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Parker bonds can be classified according to their maturity, which is the date when Parker Hannifin has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| PARKER HANNIFIN P 41 Corp BondUS701094AL88 | View | |
| PARKER HANNIFIN P 325 Corp BondUS701094AJ33 | View | |
| PARKER HANNIFIN PORATION Corp BondUS701094AP92 | View | |
| PARKER HANNIFIN PORATION Corp BondUS701094AN45 | View | |
| PH 45 15 SEP 29 Corp BondUS701094AS32 | View | |
| PH 425 15 SEP 27 Corp BondUS701094AR58 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand Parker Hannifin's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Parker Hannifin's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1518 | |||
| Market Risk Adjusted Performance | 0.1995 | |||
| Mean Deviation | 0.9111 | |||
| Semi Deviation | 0.8218 | |||
| Downside Deviation | 1.13 | |||
| Coefficient Of Variation | 520.59 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.27 | |||
| Information Ratio | 0.1056 | |||
| Jensen Alpha | 0.102 | |||
| Total Risk Alpha | 0.0422 | |||
| Sortino Ratio | 0.1409 | |||
| Treynor Ratio | 0.1895 | |||
| Maximum Drawdown | 11.35 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 2.18 | |||
| Downside Variance | 1.28 | |||
| Semi Variance | 0.6753 | |||
| Expected Short fall | (1.10) | |||
| Skewness | 2.2 | |||
| Kurtosis | 14.15 |
| Risk Adjusted Performance | 0.1518 | |||
| Market Risk Adjusted Performance | 0.1995 | |||
| Mean Deviation | 0.9111 | |||
| Semi Deviation | 0.8218 | |||
| Downside Deviation | 1.13 | |||
| Coefficient Of Variation | 520.59 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.27 | |||
| Information Ratio | 0.1056 | |||
| Jensen Alpha | 0.102 | |||
| Total Risk Alpha | 0.0422 | |||
| Sortino Ratio | 0.1409 | |||
| Treynor Ratio | 0.1895 | |||
| Maximum Drawdown | 11.35 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 2.18 | |||
| Downside Variance | 1.28 | |||
| Semi Variance | 0.6753 | |||
| Expected Short fall | (1.10) | |||
| Skewness | 2.2 | |||
| Kurtosis | 14.15 |
Consider Parker Hannifin's intraday indicators
Parker Hannifin intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Parker Hannifin stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 5624.09 | |||
| Daily Balance Of Power | (0.58) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 703.99 | |||
| Day Typical Price | 702.62 | |||
| Price Action Indicator | (7.59) | |||
| Period Momentum Indicator | (6.97) | |||
| Relative Strength Index | 73.1 |
Parker Hannifin Corporate Filings
F4 | 19th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 5th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 20th of September 2024 Other Reports | ViewVerify |
Parker Stock media impact
Far too much social signal, news, headlines, and media speculation about Parker Hannifin that are available to investors today. That information is available publicly through Parker media outlets and privately through word of mouth or via Parker internal channels. However, regardless of the origin, that massive amount of Parker data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Parker Hannifin news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Parker Hannifin relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Parker Hannifin's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Parker Hannifin alpha.
Parker Hannifin Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Parker Hannifin can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Parker Hannifin Historical Investor Sentiment
Investor biases related to Parker Hannifin's public news can be used to forecast risks associated with an investment in Parker. The trend in average sentiment can be used to explain how an investor holding Parker can time the market purely based on public headlines and social activities around Parker Hannifin. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Parker Hannifin's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Parker Hannifin and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Parker Hannifin news discussions. The higher the estimate score, the more favorable the investor's outlook on Parker Hannifin.
Parker Hannifin Corporate Directors
| Jillian Evanko | Independent Director | Profile | |
| Lance Fritz | Independent Director | Profile | |
| Robert Bohn | Independent Director | Profile | |
| James Wainscott | Lead Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parker Hannifin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parker Hannifin. If investors know Parker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parker Hannifin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.07 | Dividend Share 6.22 | Earnings Share 22.2 | Revenue Per Share 155.467 | Quarterly Revenue Growth 0.012 |
The market value of Parker Hannifin is measured differently than its book value, which is the value of Parker that is recorded on the company's balance sheet. Investors also form their own opinion of Parker Hannifin's value that differs from its market value or its book value, called intrinsic value, which is Parker Hannifin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parker Hannifin's market value can be influenced by many factors that don't directly affect Parker Hannifin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Parker Hannifin's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Parker Hannifin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker Hannifin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.