Parker-Hannifin Corporation (PH)
| Market Cap | 38.47B |
| Revenue (ttm) | 14.35B |
| Net Income (ttm) | 1.75B |
| Shares Out | 129.06M |
| EPS (ttm) | 13.35 |
| PE Ratio | 22.42 |
| Forward PE | 17.57 |
| Dividend | $3.67 (1.23%) |
| Ex-Dividend Date | Aug 26, 2021 |
| Volume | 325,340 |
| Open | 300.03 |
| Previous Close | 299.20 |
| Day's Range | 298.82 - 302.55 |
| 52-Week Range | 197.27 - 323.58 |
| Beta | 1.76 |
| Analysts | Buy |
| Price Target | 347.06 (+16.0%) |
| Est. Earnings Date | Nov 4, 2021 |
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...
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 16 analysts, the average rating for PH stock is "Buy." The 12-month stock price forecast is 347.06, which is an increase of 15.98% from the latest price.
News
Parker to Webcast Virtual Annual Meeting of Shareholders on October 27 at 9:00 a.m. Eastern
CLEVELAND, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Shar...
Parker-Hannifin's (PH) Deal to Acquire Meggitt Gets Approval
Parker-Hannifin (PH) affirms that the terms of its recommended acquisition of Meggitt have been approved by the latter's shareholders. The deal will be closed in the third quarter of calendar 2022.
Parker Hannifin Recommended All Cash Offer for Meggitt PLC Approved by Meggitt Shareholders
CLEVELAND, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, confirms that Meggitt Shareholders have today approved the ter...
Parker-Hannifin (PH) to Gain From Strong End Markets Despite Risks
Parker-Hannifin (PH) is poised to benefit from strength across end markets, acquisitions, and shareholder-friendly policies. High costs and debt levels weigh on the company.
U.S. awarding $482.3 million in aviation manufacturing assistance
The U.S. Transportation Department said it was offering $482.3 million in aviation manufacturing assistance to 313 businesses, including up to $75.5 million to Spirit AeroSystems.
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Parker Aerospace Named Supplier of the Year by Commercial Aircraft Corporation of China for Support of COMAC's ARJ21 ...
CLEVELAND--(BUSINESS WIRE)--Customer Support Operations honored for teamwork between Parker Aerospace's global OEM division and Parker Aerospace China
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Parker Announces Executive Leadership Changes - Lee Banks Becomes Vice Chairman and President, Jenny Parmentier Becom...
CLEVELAND, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Lee C. Banks, currently President and Chief...
Parker Declares Quarterly Cash Dividend
CLEVELAND, Aug. 12, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regu...
Parker-Hannifin (PH) Q4 Earnings & Revenues Beat Estimates
Parker-Hannifin's (PH) fiscal fourth-quarter revenues increase 25% year over year on account of impressive performance across its segments.
Parker-Hannifin FY22 EPS Outlook Trails Consensus After Beating On Q4 Earnings
Parker-Hannifin Corp (NYSE: PH) reported fourth-quarter sales growth of 25.3% year-over-year to $3.96 billion and +22% on an organic basis, beating the consensus of $3.93 billion. Segment Sales: Diversi...
Parker-Hannifin (PH) Beats Q4 Earnings and Revenue Estimates
Parker-Hannifin (PH) delivered earnings and revenue surprises of 1.39% and 1.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Parker Reports Fiscal 2021 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2022
CLEVELAND, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2021 fourth quarter and f...
Should You Buy Parker-Hannifin Corporation (PH) Ahead of Earnings?
Parker-Hannifin Corporation (PH) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Parker-Hannifin (PH) to Post Q4 Earnings: Is a Beat in the Cards?
Parker-Hannifin's (PH) fiscal Q4 earnings are likely to have gained from end-market strength, acquired assets and cost-control actions. Pandemic-led weakness across some end markets might have hurt.
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Defense firm Meggitt's shares skyrocket on sale to U.S. giant Parker-Hannifin
U.S. industrial company Parker-Hannifin has agreed a £6.3 billion ($8.8 billion) deal to buy British defense and aerospace company Meggitt, the companies announced Monday.
Parker Announces Recommended All Cash Acquisition of Meggitt PLC
CLEVELAND, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it has reached an agreement on the terms o...
Parker-Hannifin (PH) Earnings Expected to Grow: Should You Buy?
Parker-Hannifin (PH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Parker to Announce Fiscal 2021 Fourth Quarter and Full Year Earnings on August 5th; Conference Call and Webcast Sched...
CLEVELAND, July 26, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2021 fourth qua...
Why Parker-Hannifin (PH) Could Beat Earnings Estimates Again
Parker-Hannifin (PH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here's Why Parker-Hannifin (PH) is a Strong Momentum Stock
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