Parker-Hannifin Corporation (PH)
NYSE: PH · Real-Time Price · USD
678.42
+8.96 (1.34%)
Jan 21, 2025, 4:00 PM EST - Market closed
Parker-Hannifin Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Parker-Hannifin stock have an average target of 718.73, with a low estimate of 575 and a high estimate of 842. The average target predicts an increase of 5.94% from the current stock price of 678.42.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PH stock from 16 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 6 | 6 | 7 | 6 |
| Buy | 7 | 7 | 8 | 8 | 8 | 8 |
| Hold | 2 | 2 | 2 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 17 | 17 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $770 → $710 | Buy | Maintains | $770 → $710 | +4.65% | Jan 7, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $788 → $842 | Strong Buy | Maintains | $788 → $842 | +24.11% | Dec 19, 2024 |
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Dec 12, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $765 → $810 | Strong Buy | Maintains | $765 → $810 | +19.40% | Dec 6, 2024 |
| Barclays | Barclays | Buy Maintains $703 → $800 | Buy | Maintains | $703 → $800 | +17.92% | Dec 5, 2024 |
Financial Forecast
Revenue This Year
20.88B
from 19.93B
Increased by 4.74%
Revenue Next Year
21.95B
from 20.88B
Increased by 5.15%
EPS This Year
27.62
from 21.84
Increased by 26.48%
EPS Next Year
30.39
from 27.62
Increased by 10.00%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.7B | 22.9B | 24.4B | ||
| Avg | 20.9B | 22.0B | 23.2B | ||
| Low | 19.6B | 20.3B | 21.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.1% | 9.7% | 11.0% | ||
| Avg | 4.7% | 5.2% | 5.7% | ||
| Low | -1.7% | -2.7% | -2.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 28.40 | 31.93 | 35.10 | ||
| Avg | 27.62 | 30.39 | 33.20 | ||
| Low | 25.93 | 27.65 | 30.18 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 30.0% | 15.6% | 15.5% | ||
| Avg | 26.5% | 10.0% | 9.3% | ||
| Low | 18.7% | 0.1% | -0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.