Stock Updates

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

Friday February 24th 2017: 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 20472.01. Since its IPO date on the 07/01/1985, Parker-Hannifin Corporation, PH performance year to date is 10.20%. Today Parker-Hannifin Corporation, PH has gained 1.13%, with a current price of 155.33.

Ownership of the company is 0.80% for insider ownership while institutional ownership is 82.70%. The management of the company have seen the company have a payout ratio of 38.40%. Return of assets are at 7.40%, 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 0.59. While Total debt/equity is 0.71. With a profit margin of 7.90%, this is combined with a gross margin of 23.40%, and operating margin of 10.90%. 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 39.60%. The 52-week high is -4.79%, and the 52-week low is 59.05%. The average volume for Parker-Hannifin Corporation, PH is 590346.

With a target price of 167.07, 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 23.71 and a forward P/E of 18.32. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.18. Parker-Hannifin Corporation also has a P/S and a P/B of 1.83 and 4.52 respectively. For P/cash, Parker-Hannifin Corporation has a value of 9.28, while it is 32.64 for P/free cash flow.

At the current price of 155.33, Parker-Hannifin Corporation has a dividend yield of 1.72%. We see a return on equity of 18.80%.

Looking more long-term Parker-Hannifin Corporation, is projected to get an EPS growth for the next five years of 10.87%. In the short-term an EPS growth of 11.85% 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.

About the author

Tony Dabbs

Leave a Comment