Parker-Hannifin Corporation (NYSE:PH) will report its next earnings on 21-Oct-16. The company reported the earnings of $1.9/Share in the last quarter where the estimated EPS by analysts was $1.77/share. The difference between the expected and actual EPS was $0.13/share, which represents an Earnings surprise of 7.3%.
Many analysts are providing their Estimated Earnings analysis for Parker-Hannifin Corporation and for the current quarter 19 analysts have projected that the stock could give an Average Earnings estimate of $1.56/share. These analysts have also projected a Low Estimate of $1.5/share and a High Estimate of $1.68/share.
In case of Revenue Estimates, 16 analysts have provided their consensus Average Revenue Estimates for Parker-Hannifin Corporation as 2.78 Billion. According to these analysts, the Low Revenue Estimate for Parker-Hannifin Corporation is 2.73 Billion and the High Revenue Estimate is 2.84 Billion. The company had Year Ago Sales of 2.87 Billion.
These analysts also forecasted Growth Estimates for the Current Quarter for PH to be 2.6%. They are projecting Next Quarter growth of -4.6%. For the next 5 years, Parker-Hannifin Corporation is expecting Growth of 9.22% per annum, whereas in the past 5 years the growth was -1.02% per annum.
Some buy side analysts are also providing their Analysis on Parker-Hannifin Corporation, where 1 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 16 said it’s a HOLD, 2 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 17 Analysts reported that the Price Target for Parker-Hannifin Corporation might touch $142 high while the Average Price Target and Low price Target is $122.41 and $108 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Parker-Hannifin Corporation got Upgrade on 11-Oct-16 where investment firm Goldman Upgrade the stock from Sell to Neutral.
Parker-Hannifin Corporation closed its last trading session at $124.39 with the loss of -1.26%. The Market Capitalization of the company stands at 16.28 Billion. The Company has 52-week high of $128.24 and 52-week low of $83.32. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -1.01% where SMA50 and SMA200 are -0.4% and 10.91% respectively. The Company Touched its 52-Week High on Oct 5, 2016 and 52-Week Low on Jan 20, 2016.
The Relative Volume of the company is 1.14 and Average Volume (3 months) is 991.53 million. Parker-Hannifin Corporation P/E (price to earnings) ratio is 20.84 and Forward P/E ratio of 16.51.
The company shows its Return on Assets (ROA) value of 6.7%. The Return on Equity (ROE) value stands at 16.8%. While it’s Return on Investment (ROI) value is 10.6%.
While looking at the Stock’s Performance, Parker-Hannifin Corporation currently shows a Weekly Performance of -0.2%, where Monthly Performance is 0.35%, Quarterly performance is 9.11%, 6 Months performance is 9.39% and yearly performance percentage is 25.61%. Year to Date performance value (YTD perf) value is 28.81%. The Stock currently has a Weekly Volatility of 1.36% and Monthly Volatility of 1.59%.