Parker-Hannifin Corp. (PH) Stock Forecast & Predictions

Parker-Hannifin Corp. PH: $313.89

6035 Parkland Blvd, Cleveland, Ohio, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.parker.com

  • Market Cap$40.07B
  • Change (52 Weeks)18.28%
  • Low (52 Weeks)$244.22
  • Parker-Hannifin Corp. (PH) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Parker-Hannifin Corp. (PH) is based on 29 Institutional Analyst Ratings where 51.72% are on Strong Buy, 27.59% on Moderate Buy, 17.24% remains on Hold, 0.00% are on Moderate Sell and 3.45% are on Strong Sell.

    Out of 29 Institutional Analysts, majority recommended PH stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Parker-Hannifin Corp..

    Parker-Hannifin Corp. (PH) Stock Price Prediction By Analysts


    HighLowAverage
    $462.00$262.60$379.16
    $379.1620.79% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for PH set by the institutional analysts is $379.16 where High Estimate is $462.00, Median $383.01 and Low $262.60.

    The average price target for PH by Institutional Analysts is $379.16, which is 20.79% Upside from the current price. So according to the Institutional Analysts, PH Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Parker-Hannifin Corp. (PH) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 553,228 investor portfolio.

    Our algorithm has analysed 553,228 investor portfolio with PH stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about PH and holding their positions hoping for a further rise in the stock price and more profit.

    Parker-Hannifin Corp. (PH) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    MizuhoNeutralInitiated
    KeybancOverweightMaintained
    Credit SuisseOutperformMaintained
    Wells FargoOverweightInitiated
    BMO CapitalOutperformMaintained
    Deutsche BankHoldDowngraded
    KeybancOverweightMaintained
    KeybancOverweightUpgraded
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightMaintained
    BarclaysOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    BarclaysOverweightMaintained
    CitigroupNeutralMaintained
    Gordon HaskettBuyUpgraded
    Argus ResearchBuyUpgraded
    BarclaysOverweightMaintained
    Wells FargoOverweightMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightUpgraded
    Wells FargoOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankBuyMaintained
    CitigroupNeutralMaintained
    Wells FargoOverweightMaintained
    JefferiesBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Wells FargoOverweightMaintained
    CitigroupNeutralMaintained
    BairdOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    CitigroupNeutralMaintained
    StifelBuyUpgraded
    Bank of AmericaBuyUpgraded
    Wells FargoOverweightUpgraded
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsBuyUpgraded
    Deutsche BankBuyMaintained
    Wells FargoMarket PerformMaintained
    Gordon HaskettHoldUpgraded
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankBuyUpgraded
    StifelHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsSellDowngraded
    Stifel NicolausHoldMaintained
    KeyBancSector WeightDowngraded
    Bank of AmericaNeutralDowngraded
    Wells FargoMarket PerformDowngraded
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    CitigroupNeutralMaintained
    Stifel NicolausHoldMaintained
    BarclaysOverweightMaintained
    Vertical ResearchHoldDowngraded
    Stifel NicolausHoldDowngraded
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Wells FargoOutperformUpgraded
    CitigroupNeutralMaintained
    Cowen & Co.UnderperformDowngraded
    Deutsche BankHoldMaintained
    Stifel NicolausBuyMaintained
    BuckinghamBuyUpgraded
    BarclaysOverweightInitiated
    Morgan StanleyEqual-WeightInitiated
    ArgusHoldDowngraded
    Goldman SachsNeutralDowngraded
    KeyBancOverweightMaintained
    Wells FargoMarket PerformDowngraded
    Evercore ISI GroupIn-LineDowngraded
    CitigroupNeutralMaintained
    BuckinghamNeutralMaintained
    JP MorganOverweightMaintained
    Stifel NicolausBuyMaintained
    Wells FargoMarket PerformMaintained
    BairdOutperformUpgraded
    CitigroupNeutralMaintained
    BuckinghamNeutralDowngraded
    BMO CapitalOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    JefferiesHoldMaintained
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    BuckinghamBuyMaintained
    BairdNeutralMaintained
    BuckinghamBuyInitiated
    CitigroupNeutralMaintained
    Wells FargoMarket PerformMaintained
    Morgan StanleyEqual-WeightDowngraded
    Wolfe ResearchOutperformInitiated
    JP MorganOverweightUpgraded
    Bank of AmericaBuyUpgraded
    Argus ResearchBuyUpgraded
    ArgusBuyUpgraded
    Aegis CapitalHoldInitiated
    Deutsche BankBuyUpgraded
    KeyBancOverweightMaintained
    JP MorganNeutralUpgraded
    Morgan StanleyOverweightUpgraded
    Evercore ISI GroupBuyUpgraded
    Goldman SachsNeutralUpgraded
    Stifel NicolausBuyUpgraded
    JefferiesHoldMaintained
    Goldman SachsSellMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    JP MorganUnderweightDowngraded
    Avondale PartnersMarket PerformInitiated
    BarclaysEqual-WeightInitiated
    Goldman SachsSellDowngraded
    Vertical ResearchSellDowngraded
    JP MorganNeutralMaintained
    Evercore ISI GroupHoldDowngraded
    JefferiesHoldDowngraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    Bank of AmericaNeutralDowngraded
    Cowen & Co.Market PerformInitiated
    BMO CapitalMarket PerformMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    Stifel NicolausHoldDowngraded
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    Buckingham ResearchNeutralDowngraded
    CitigroupBuyMaintained
    JP MorganUnderweightDowngraded
    Goldman SachsNeutralDowngraded
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalMarket PerformDowngraded
    Stifel NicolausBuyMaintained
    Wells FargoMarket PerformDowngraded
    BairdNeutralDowngraded
    Buckingham ResearchBuyMaintained
    Buckingham ResearchBuyInitiated
    JefferiesBuyMaintained
    ISI GroupBuyUpgraded
    CitigroupBuyMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyEqual-WeightUpgraded
    MKM PartnersBuyMaintained
    JP MorganNeutralMaintained
    MKM PartnersBuyUpgraded
    JP MorganNeutralDowngraded
    Argus ResearchBuyUpgraded
    ArgusBuyUpgraded
    Goldman SachsBuyUpgraded
    JefferiesBuyUpgraded
    ISI GroupBuyUpgraded
    Stifel NicolausBuyMaintained
    BairdOutperformUpgraded
    Morgan StanleyUnderweightInitiated
    ISI GroupBuyDowngraded
    Wells FargoOutperformUpgraded
    Stifel NicolausBuyMaintained
    JefferiesHoldMaintained
    SusquehannaNeutralUpgraded
    BairdNeutralDowngraded
    Bank of AmericaBuyInitiated
    Longbow ResearchNeutralUpgraded
    JP MorganOverweightMaintained
    RBC CapitalSector PerformInitiated
    StifelBuyMaintained
    JP MorganOverweightUpgraded
    ISI GroupBuyMaintained
    BMO CapitalOutperformUpgraded
    Credit SuisseOutperformMaintained
    JP MorganNeutralMaintained
    Stifel NicolausBuyMaintained
    Longbow ResearchUnderperformDowngraded
    Credit SuisseOutperformMaintained
    BMO CapitalMarket PerformInitiated
    JefferiesHoldDowngraded
    JP MorganNeutralMaintained
    JefferiesBuyMaintained
    CitigroupBuyMaintained

    Parker-Hannifin Corp. (PH) Stock Earning Per Share (EPS) Forecast / Estimate


    $4.763
    The average consensus EPS for PH is $4.763 with a high estimate of $5.261 and Low of $4.292 for the period 2022-03-31 and based on 20 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $4.26$3.79432022-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$4.04042022-06-30
    $4.26$3.79432022-03-31
    $4.38$4.45722021-12-31
    $4.11$3.8972021-09-30
    $3.44$2.67722021-06-30
    $3.07$2.40952021-03-31
    $2.55$1.55152020-12-31
    $2.92$2.33422020-09-30
    $2.54$2.34122020-06-30
    $2.76$2.73462020-03-31
    $3.31$3.20492019-12-31
    $3.17$3.10552019-09-30
    $2.51$2.49442019-06-30
    $2.84$2.60332019-03-31
    $3.22$2.99832018-12-31
    $2.8$2.69872018-09-30
    $2.15$2.13042018-06-30
    $2.12$2.09572018-03-31
    $2.45$2.37742017-12-31
    $2.11$1.9132017-09-30
    $1.91$1.43162017-06-30
    $1.61$1.61322017-03-31
    $1.9$1.81772016-12-31
    $1.51$1.48782016-09-30
    $1.52$1.21352016-06-30
    $1.52$1.50722016-03-31
    $1.43$1.91992015-12-31
    $2.06$2.04992015-09-30
    $1.84$1.59422015-06-30
    $1.85$1.7162015-03-31
    $1.98$2.13532014-12-31
    $1.6$1.66972014-09-30
    $1.24$1.26612014-06-30
    $1.61$1.51952014-03-31
    $1.78$2.0272013-12-31
    $1.68$1.72082013-09-30
    $1.19$1.14732013-06-30
    $1.57$1.77932013-03-31
    $1.96$1.96882012-12-31
    $2.01$1.75912012-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).