Parker-Hannifin Corporation (PH)
NYSE: PH · Real-Time Price · USD
638.00
+2.97 (0.47%)
Nov 4, 2024, 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 654.27, with a low estimate of 510 and a high estimate of 788. The average target predicts an increase of 2.55% from the current stock price of 638.00.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $510 $654.27 $656 $788
Change -20.06% +2.55% +2.82% +23.51%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 777766
Buy 777788
Hold 432222
Sell 000000
Strong Sell 000000
Total 181716161616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Baird
Baird
Buy
Maintains
$695$710
Buy Maintains $695$710 +11.29% Nov 1, 2024
Mizuho
Mizuho
Buy
Maintains
$665$715
Buy Maintains $665$715 +12.07% Oct 17, 2024
Keybanc
Keybanc
Buy
Maintains
$640$725
Buy Maintains $640$725 +13.64% Oct 14, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$673$788
Strong Buy Maintains $673$788 +23.51% Oct 9, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$640$710
Buy Maintains $640$710 +11.29% Oct 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
21.20B
from 19.93B
Increased by 6.37%
Revenue Next Year
22.35B
from 21.20B
Increased by 5.41%
EPS This Year
27.56
from 21.84
Increased by 26.20%
EPS Next Year
30.24
from 27.56
Increased by 9.72%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
13.70B14.35B15.86B19.07B19.93B21.20B22.35B23.56B
Revenue Growth
-4.36%4.76%10.55%20.20%4.53%6.37%5.41%5.43%
EPS
9.2613.3510.0916.0421.8427.5630.2432.92
EPS Growth
-19.97%44.17%-24.42%58.97%36.16%26.20%9.72%8.87%
Forward PE
-----23.1521.1019.38
No. Analysts -----262513
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 21.7B 23.1B 24.4B
Avg 21.2B 22.3B 23.6B
Low 19.9B 20.8B 22.1B

Revenue Growth

Revenue Growth 2025202620272028
High
9.1%
8.9%
9.3%
Avg
6.4%
5.4%
5.4%
Low
-0.1%
-1.8%
-1.0%

EPS Forecast

EPS 2025202620272028
High 28.40 32.03 35.33
Avg 27.56 30.24 32.92
Low 25.80 27.62 29.06

EPS Growth

EPS Growth 2025202620272028
High
30.0%
16.2%
16.8%
Avg
26.2%
9.7%
8.9%
Low
18.1%
0.2%
-3.9%
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.