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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 14552.06. Since its IPO date on the 07/01/1985, Parker-Hannifin Corporation, PH performance year to date is 14.09%. Today Parker-Hannifin Corporation, PH has gained -2.61%, with a current price of 106.49.

Ownership of the company is 0.40% for insider ownership while institutional ownership is 85.90%. The management of the company have seen the company have a payout ratio of 46.20%. Return of assets are at 6.20%, with return on investment at 12.60%.

In terms of debt levels and profit levels, Parker-Hannifin Corporation, PH is seeing a long-term debt/equity of 0.53. While Total debt/equity is 0.65. With a profit margin of 6.40%, this is combined with a gross margin of 22.80%, and operating margin of 9.40%. 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 1.50%. A performance for the year of -3.70%. The 52-week high is -9.59%, and the 52-week low is 29.33%. The average volume for Parker-Hannifin Corporation, PH is 748519.

With a target price of 113.4, 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 20.29 and a forward P/E of 16.26. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.78. Parker-Hannifin Corporation also has a P/S and a P/B of 1.26 and 2.93 respectively. For P/cash, Parker-Hannifin Corporation has a value of 6.91, while it is 21.43 for P/free cash flow.

At the current price of 106.49, Parker-Hannifin Corporation has a dividend yield of 2.30%. We see a return on equity of 15.10%.

Looking more long-term Parker-Hannifin Corporation, is projected to get an EPS growth for the next five years of 7.30%. In the short-term an EPS growth of 6.60% in the next year is forecasted. This is after a EPS growth of 1.50% for this year and for the last five years a 15.40% 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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Mark Hines

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