Parker-Hannifin Corporation (PH)
| Market Cap | 37.56B |
| Revenue (ttm) | 15.63B |
| Net Income (ttm) | 1.69B |
| Shares Out | 128.37M |
| EPS (ttm) | 12.95 |
| PE Ratio | 22.59 |
| Forward PE | 14.49 |
| Dividend | $4.42 (1.51%) |
| Ex-Dividend Date | May 12, 2022 |
| Volume | 592,340 |
| Open | 295.56 |
| Previous Close | 292.82 |
| Day's Range | 291.12 - 296.55 |
| 52-Week Range | 230.44 - 340.00 |
| Beta | 1.57 |
| Analysts | Buy |
| Price Target | 316.71 (+8.3%) |
| Earnings Date | Aug 4, 2022 |
About PH
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gase... [Read more...]
Financial Performance
In 2021, PH's revenue was $14.35 billion, an increase of 4.76% compared to the previous year's $13.70 billion. Earnings were $1.75 billion, an increase of 45.27%.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for PH stock is "Buy." The 12-month stock price forecast is 316.71, which is an increase of 8.26% from the latest price.
News
Parker-Hannifin (PH) Q4 Earnings & Revenues Beat, Up Y/Y
Parker-Hannifin's (PH) Q4 fiscal 2022 results benefit from 10% organic sales growth and 3% increase in orders.
Parker-Hannifin (PH) Surpasses Q4 Earnings and Revenue Estimates
Parker-Hannifin (PH) delivered earnings and revenue surprises of 10.49% and 2.42%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Parker Reports Fiscal 2022 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2023
Fiscal 2022 Fourth Quarter Highlights: - Sales increased 6% to a record of $4.19 billion; organic sales increased 10% - Total segment operating margin was 20.9%, or a record 22.9% adjusted - EPS were $0...
Parker Elects Rachid Bendali as Vice President and President - Engineered Materials Group
CLEVELAND, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Rachid Bendali, currently Vice President, O...
Parker Announces Retirement of Andrew M. Weeks, Vice President and President - Engineered Materials Group
CLEVELAND, July 28, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Andrew M. Weeks, Vice President and Preside...
Parker-Hannifin (PH) Earnings Expected to Grow: Should You Buy?
Parker-Hannifin (PH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What Lies Ahead for Parker-Hannifin (PH) in Q4 Earnings?
Higher orders at the Diversified Industrial North America segment are likely to have aided Parker-Hannifin's (PH) Q4 performance, partly offset by high costs.
Parker to Announce Fiscal 2022 Fourth Quarter and Full Year Earnings on August 4th; Conference Call and Webcast Sched...
CLEVELAND, July 25, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2022 fourth qua...
Parker Confirms UK Government's Approval of the Meggitt Acquisition
CLEVELAND, July 19, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH) today welcomes the announcement from the UK's Secretary of State for Business, Energy and Industrial Strategy that, fol...
Parker Aerospace Announces Agreement with the U.S. Air Force and the Defense Logistics Agency for Five-Year Performan...
FARNBOROUGH, England--(BUSINESS WIRE)-- #Aerospace--Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced ...
PH vs. IEX: Which Stock Should Value Investors Buy Now?
PH vs. IEX: Which Stock Is the Better Value Option?
Here's Why Parker-Hannifin (PH) is a Strong Value Stock
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Parker Announces Update on UK Regulatory Clearances Related to Meggitt Acquisition
- Confirms that UK Secretary of State for Business, Energy and Industrial Strategy is ‘minded to accept' its proposed undertakings on competition and national security - Confirms that UK Secretary of St...
Parker-Hannifin (PH) Exhibits Solid Prospects Amid Risks
Parker-Hannifin (PH) stands to gain from solid product demand, acquired assets and shareholder-friendly policies. Escalating costs and expenses and high debt levels remain concerns.
Parker's Latest ‘Expert Insights' Tech Talk Explores Current EV Automotive Technologies and the Future of Mobile Elec...
CLEVELAND, May 31, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, will present the latest episode of its incisive tech talk series ...
Parker-Hannifin (PH) to Sell Aircraft Wheel & Brake Unit
Parker-Hannifin's (PH) sale of Aircraft Wheel and Brake Business will enable it to better focus on its core business and help execute the previously-announced Meggitt acquisition.
Parker Signs Agreement to Divest Aircraft Wheel and Brake Division to Kaman
CLEVELAND, May 23, 2022 (GLOBE NEWSWIRE) -- Parker-Hannifin Corporation (NYSE: PH, “Parker”), the global leader in motion and control technologies, today announced that it has signed an agreement to div...
Parker Scheduled to Present at the Wolfe Research Global Transportation and Industrials Conference on May 26 at 11:30...
CLEVELAND, May 19, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Wolfe Res...
Why Parker-Hannifin (PH) is a Top Value Stock for the Long-Term
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The Top 5 Insider Buys of the Week
Brian Sullivan details the top 5 stocks being bought the most by company executives with their own money.
Parker Scheduled to Present at Goldman Sachs Industrials and Materials Conference on May 12 at 1:50 p.m. Eastern
CLEVELAND, May 09, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Goldman S...
Parker-Hannifin (PH) Q3 Earnings & Revenues Beat Estimates
Parker-Hannifin's (PH) Q3 earnings reflect gains from solid segmental results. High costs and expenses restrict margin growth.
Parker-Hannifin (PH) Surpasses Q3 Earnings and Revenue Estimates
Parker-Hannifin (PH) delivered earnings and revenue surprises of 4.77% and 0.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Parker Reports Fiscal 2022 Third Quarter Results
CLEVELAND, May 05, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2022 third quarter ended M...