Parker-Hannifin Corporation (PH)
NYSE: PH · Real-Time Price · USD
704.41
+13.98 (2.02%)
Nov 21, 2024, 11:55 AM EST - Market open
Parker-Hannifin Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Parker-Hannifin stock have an average target of 680.06, with a low estimate of 510 and a high estimate of 842. The average target predicts a decrease of -3.46% from the current stock price of 704.41.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PH stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 6 | 6 |
| Buy | 7 | 7 | 7 | 7 | 8 | 8 |
| Hold | 4 | 3 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 17 | 16 | 16 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $725 → $775 | Buy | Maintains | $725 → $775 | +10.02% | Nov 21, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $691 | Strong Buy → Hold | Downgrades | $691 | -1.90% | Nov 18, 2024 |
| UBS | UBS | Strong Buy Initiates $842 | Strong Buy | Initiates | $842 | +19.53% | Nov 13, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $520 → $575 | Hold | Maintains | $520 → $575 | -18.37% | Nov 12, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $650 → $710 | Strong Buy | Maintains | $650 → $710 | +0.79% | Nov 5, 2024 |
Financial Forecast
Revenue This Year
20.90B
from 19.93B
Increased by 4.85%
Revenue Next Year
21.96B
from 20.90B
Increased by 5.07%
EPS This Year
27.63
from 21.84
Increased by 26.52%
EPS Next Year
30.35
from 27.63
Increased by 9.83%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 21.7B | 22.9B | 24.3B | |
| Avg | 20.9B | 22.0B | 23.2B | |
| Low | 19.7B | 20.5B | 21.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 9.1% | 9.8% | 10.7% | |
| Avg | 4.9% | 5.1% | 5.7% | |
| Low | -1.0% | -1.8% | -2.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 28.40 | 31.97 | 34.87 | |
| Avg | 27.63 | 30.35 | 33.10 | |
| Low | 26.02 | 27.65 | 30.50 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 30.0% | 15.7% | 14.9% | |
| Avg | 26.5% | 9.8% | 9.1% | |
| Low | 19.1% | 0.0% | 0.5% |
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.