Stock Updates

Parker-Hannifin Corporation (NYSE: PH) – Is this large market cap stock undervalued?

Parker-Hannifin Corporation (NYSE: PH), is firmly in the large market cap category with market cap of 16411.28. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Parker-Hannifin Corporation is 123.07 (with a change from open of 0.70%), this in conjunction with a target price of 118.87. Volume today has so far reached 174504, with an average volume of about 1065.76. The GAP for this stock, is 0.58%.

The P/E ratio is 20.62, bringing the forward P/E to a value of 16.36. The current EPS for Parker-Hannifin Corporation, is 5.89, with a EPS growth for this year coming to a value of -15.50%. Performance has been interesting with performance year to date coming to 27.45%.

Looking further into the growth statistics for Parker-Hannifin Corporation, EPS is looking like it will grow 9.28% in the next year. Looking even further it is projected to be 9.22%. Quarter over quarter is 39.60% for EPS growth and for sales growth quarter over quarter it is -6.00%. Looking at past EPS growth statistics we see that for the past five years it has been -1.50%. Sales growth for the past five years has in fact been -1.60%.

Looking at the ownership, we see that the insider ownership is at 0.40% and institutional ownership is 84.10%. Shares outstanding is 135.05, while shares float is at a value of 132.1. Float short for Parker-Hannifin Corporation is 2.34% and the short ratio is 2.9.

In terms of debt, long term debt/equity is 0.58, while the total debt/equity comes to 0.66. The ability to meet these debts, means that the current ratio is 2.2, and the quick ratio is 1.7. The most recent gross margin is 23.00% and their operating margin is 9.80%. The profit margin is 7.10%.

Parker-Hannifin Corporation has seen returns on assets of 6.70%, and on investment, 10.60%. Return on equity is 16.80%. Price/Earnings to growth ratio is 2.24. Price/Sales ratio is at a value of 1.44, with Price/book ratio coming to 3.57 and Price/cash is 7.8, and finally Price/Free cash Flow is 24.19.

The simple moving averages are 3.57% and 14.13% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -1.54% and the 52 week low is 50.24%.

Parker-Hannifin Corporation has a dividend yield of 2.07%, with a current price of 123.07. The ability to pay this means the payout ratio is 42.30%. This is in an industry, Industrial Equipment & Components, with equally high dividends from other companies in this sector, which it is Industrial Goods. Parker-Hannifin Corporation is based in USA.

Performance in the Industrial Equipment & Components industry means that Parker-Hannifin Corporation has seen performance for the past week of 0.61%, with performance for the month coming to -1.78%. Looking at the data for the quarter it is at a value of 8.88%, and for the half year the performance is 16.55%. Volatility for this week is 1.80% and for the month this is 1.38%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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