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A look at a High Market Cap Stock: Parker-Hannifin Corporation, PH

Parker-Hannifin Corporation, PH is in the exchange NYSE and its industry is Industrial Equipment & Components in the sector of Industrial Goods. Based in USA, Parker-Hannifin Corporation, PH  has a market cap of 16978.69. Since its IPO date on the 7/1/1985, Parker-Hannifin Corporation, PH performance year to date is 30.74%. Today Parker-Hannifin Corporation, PH has gained -1.78%, with a current price of 124.66.

Ownership of the company is 0.40% for insider ownership while institutional ownership is 84.30%. The management of the company have seen the company have a payout ratio of 42.30%. Return of assets are at 6.70%, with return on investment at 10.60%.

In terms of debt levels and profit levels, Parker-Hannifin Corporation, PH is seeing a long-term debt/equity of 0.58. While Total debt/equity is 0.66. With a profit margin of 7.10%, this is combined with a gross margin of 23.00%, and operating margin of 9.80%. Parker-Hannifin Corporation ability to meet debt levels, with a current ratio of 2.2, while the quick ratio is 1.7.

For the last year Parker-Hannifin Corporation, PH has seen a EPS growth of -15.50%. A performance for the year of 19.42%. The 52-week high is -2.79%, and the 52-week low is 52.18%. The average volume for Parker-Hannifin Corporation, PH is 1409400.

With a target price of 120.2, can Parker-Hannifin Corporation, PH reach this target? Looking at the value indicators of Parker-Hannifin Corporation, PH. Parker-Hannifin Corporation has a P/E of 21.15 and a forward P/E of 16.78. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.29. Parker-Hannifin Corporation also has a P/S and a P/B of 1.49 and 3.66 respectively. For P/cash, Parker-Hannifin Corporation has a value of 8.07, while it is 25.03 for P/free cash flow.

At the current price of 124.66, Parker-Hannifin Corporation has a dividend yield of 2.02%. We see a return on equity of 16.80%.

Looking more long-term Parker-Hannifin Corporation, is projected to get an EPS growth for the next five years of 9.22%. In the short-term an EPS growth of 9.32% in the next year is forecasted. This is after a EPS growth of -15.50% for this year and for the last five years a -1.50% growth has been seen.

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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Tony Dabbs

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