Parker Hannifin Stock Symbol and Financial Insights

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Close-up of a Parker 800 Weekend motorboat docked at Famagusta marina, capturing nautical details.
Credit: pexels.com, Close-up of a Parker 800 Weekend motorboat docked at Famagusta marina, capturing nautical details.

Parker Hannifin's stock symbol is PH. This is the ticker symbol assigned to the company on the New York Stock Exchange (NYSE).

Parker Hannifin is a leading global provider of motion and control technologies and systems. Founded in 1917, the company has a rich history of innovation and growth.

The company's financial performance is a key factor to consider when evaluating its stock. Parker Hannifin has consistently delivered strong financial results, with a history of increasing revenue and earnings.

Parker Hannifin's financial insights can be found in its annual reports and other publicly available documents.

Stock Symbol and Exchange

The Parker Hannifin stock symbol is NYSE:PH. This is the ticker symbol for the company on the New York Stock Exchange.

Parker Hannifin Corp is listed under the NYSE:PH ticker symbol. This is the standard identifier for the company's stock on the exchange.

To find the Parker Hannifin stock symbol, simply look for the NYSE:PH code. This is the most commonly used identifier for the company's stock.

Financial Data

Credit: youtube.com, Parker-Hannifin Corp (PH) Stock Price Animated Graph 2020-2021

Parker Hannifin's revenue is expected to reach $19,847 in 2025, $20,930 in 2026, and $22,131 in 2027.

The company's dividend yield is projected to be 1.14% in 2027, with a dividend of $7.59. Parker Hannifin's earnings per share (EPS) are estimated to be $29.45 in 2026 and $32.01 in 2027.

Here's a breakdown of Parker Hannifin's estimated financial data for 2025-2027:

Parker Hannifin's pre-tax profit is estimated to be $4,446 in 2025, increasing to $5,158 in 2026 and $5,765 in 2027.

Fundamental Data

The fundamental data of a company can be a great indicator of its overall health and performance. Revenue for the year ending 30/06/2024 was $19,929.61 million, a slight increase from $19,065.19 million in the previous year.

The profit before tax for the year ending 30/06/2024 was $3,594.60 million, a significant jump from $2,679.66 million in the previous year. This suggests that the company is becoming more profitable.

The adjusted earnings per share (EPS) for the year ending 30/06/2024 was 2,213.00 cents, a 36% increase from 1,623.00 cents in the previous year. This indicates that the company's profitability is being distributed more evenly among its shareholders.

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Here are some key fundamental data points to consider:

The price-to-earnings (P/E) ratio for the year ending 30/06/2024 was 22.90, slightly lower than the 24.00 ratio in the previous year. This suggests that the company's stock is becoming more attractive to investors.

Financial Strength

Financial Strength is a crucial aspect of any company's financial health. PH, HON, and ETN have varying levels of financial strength, as seen in their quick ratios.

The quick ratio for PH is 0.53, which indicates a relatively low level of liquid assets. HON, on the other hand, has a quick ratio of 0.88, showing a moderate level of liquidity.

ETN's quick ratio is 0.87, which is almost identical to HON's. This suggests that ETN has a similar level of liquid assets to HON.

A current ratio of 1.06 or lower indicates potential cash flow issues. PH's current ratio of 1.06 suggests that it may struggle with cash flow.

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HON's current ratio of 1.31 is a slight improvement over PH's, indicating better cash flow management. ETN's current ratio of 1.53 is the highest among the three, indicating strong cash flow management.

A high interest coverage ratio indicates a company's ability to pay its interest expenses. PH's interest coverage ratio of 9.61 is relatively low, suggesting potential difficulties in paying interest expenses.

HON's interest coverage ratio of 7.41 is also relatively low, indicating potential difficulties in paying interest expenses. ETN's interest coverage ratio of 40.02 is the highest among the three, indicating a strong ability to pay interest expenses.

Here's a summary of the financial strength metrics for PH, HON, and ETN:

S&P

The S&P has had a significant impact on the market over the years. Its 1-year return of +17.58% is a notable achievement.

Looking at the 5-year returns, the S&P has seen a +91.99% increase, which is a substantial gain.

However, when compared to the 5-year annualized return, the S&P's +13.93% is slightly lower than expected.

Since the IPO, the S&P has seen a +6,125% increase, which is a remarkable feat.

Here's a brief comparison of the S&P's returns over different time periods:

Valuation and Growth

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Parker Hannifin's valuation metrics are worth a closer look. The company's Price/Earnings (Normalized) ratio is 25.29, which is higher than its peers, HON and ETN, at 21.44 and 26.83 respectively.

The Price/Book Value ratio for Parker Hannifin is 6.47, lower than HON's 7.33 but higher than ETN's 6.20. This suggests that investors are paying a premium for the company's stock.

Here's a brief comparison of the valuation metrics for the three companies:

It's worth noting that Parker Hannifin's Price/Cash Flow ratio is 20.77, which is lower than HON's 23.47 but higher than ETN's 26.42.

Profitability

Profitability is a key aspect of a company's overall health, and it's essential to understand the metrics that drive it.

PH, HON, and ETN have impressive return on assets (ROA) figures, with PH standing out at 11.60%. This indicates that PH is able to generate significant revenue from its assets.

HON has the highest return on equity (ROE) at 36.69%, which means it's able to generate a substantial amount of profit from its shareholders' equity.

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ETN's return on invested capital (ROIC) is a respectable 14.88%, showing that it's able to generate a decent return on the capital invested in the business.

Here's a comparison of the normalized profitability metrics for PH, HON, and ETN:

These numbers provide a snapshot of how well each company is using its assets, equity, and invested capital to generate profits.

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Valuation

Valuation is a crucial aspect of understanding a company's worth. The metrics provided in the valuation section give us a glimpse into the financial health of PH, HON, and ETN.

PH's Price/Earnings (Normalized) ratio is 25.29, indicating that investors are willing to pay a premium for the company's shares. This could be due to its strong earnings potential.

HON's Price/Book Value ratio is 7.33, suggesting that investors value the company's shares more than its book value. This could be a sign of investor confidence in the company's future prospects.

ETN's Price/Cash Flow ratio is 26.42, indicating that investors are willing to pay a high price for the company's shares relative to its cash flow.

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A closer look at the valuation metrics reveals some interesting trends. Here's a breakdown of the key ratios for each company:

These ratios provide a snapshot of the companies' valuation multiples. By comparing them, we can get a sense of which company is more attractively valued.

Flat Organic Growth Hit by Heavy Vehicle Business

Parker Hannifin's organic revenue growth was flat, with a 0.7% year-over-year increase.

This was largely due to the heavy vehicle business, which dragged down the company's overall performance.

Despite this, the company's earnings per share increased around 6% due to strong margin expansion.

This suggests that Parker Hannifin is still capable of generating significant profits, even if its revenue growth is not as strong as expected.

The company's fair value estimate was raised to $500 per share from $450, reflecting the analysts' more bullish margin and long-term growth expectations.

Is Worth Watching?

When evaluating a stock's potential, it's essential to consider whether it's worth watching. Parker Hannifin Corp is a trending stock that has garnered attention from 2 stock analysts on Stockchase in the last year.

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Having a watchlist can help you stay on top of stocks like Parker Hannifin Corp, allowing you to monitor them daily and receive important alerts.

The number of analysts covering a stock can be a good indicator of its potential. In the case of Parker Hannifin Corp, having 2 stock analysts on Stockchase covering it in the last year suggests it's a stock worth keeping an eye on.

Adding stocks to your watchlist is a simple way to stay informed about their performance. By doing so, you can quickly respond to changes in the market and make more informed investment decisions.

Investment and Dividends

Parker Hannifin Corp has been recommended as a Top Pick by a stock expert on a specific date.

The latest stock experts ratings for Parker Hannifin Corp are available for review.

Parker Hannifin Corp's investment potential is something to consider for those looking to invest in the stock market.

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Is a Good Investment?

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Parker Hannifin Corp was recommended as a Top Pick by some stock experts.

Reading the latest stock experts ratings for Parker Hannifin Corp can give you a better idea of its investment potential.

Dividend Calendar

Parker Hannifin Corp. has a long history of paying dividends, with the first recorded payment in 1999. The company has consistently paid out dividends every year since then.

The dividend calendar for Parker Hannifin Corp. is a valuable tool for investors. It shows the annual dividend payments made by the company, along with the corresponding yield.

Looking at the data, we can see that the highest dividend payment made by Parker Hannifin Corp. was in 2024, with a payment of $6.07. The lowest payment was in 2008, with a payment of $0.84.

Here's a breakdown of the dividend payments made by Parker Hannifin Corp. over the years:

The yield on the dividend payments has also fluctuated over the years. The highest yield was 2.33% in 2009, while the lowest yield was 1.06% in 2007.

Stock Price and Market

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Parker Hannifin's stock price has a history of steady growth, with a 5-year annualized return of 12.3%.

The company's market capitalization is over $50 billion, making it one of the largest industrial companies in the world.

As of the last quarter, Parker Hannifin's stock price has outperformed the S&P 500 index by 5 percentage points.

The stock is considered a defensive play due to its diverse product portfolio and global presence.

In the past year, Parker Hannifin's revenue has increased by 10% due to strong demand for its filtration and fluid system products.

Earnings and Calls

Parker Hannifin's stock has consistently delivered strong earnings growth, with a 5-year average annual earnings growth rate of 12.6%. This impressive track record is a testament to the company's ability to innovate and adapt to changing market conditions.

The company's quarterly earnings calls are a key source of information for investors, providing insight into its financial performance and future prospects. Parker Hannifin's management team consistently highlights the company's focus on innovation and operational excellence.

Credit: youtube.com, Parker Hannifin (PH|$85.3B) - 2025 Q2 Earnings Analysis

In its most recent quarterly earnings report, Parker Hannifin reported net sales of $4.1 billion, a 3% increase from the same period last year. This growth was driven by strong demand in the company's industrial and aerospace markets.

Parker Hannifin's management team has consistently delivered on its earnings guidance, with a 95% accuracy rate over the past 5 years. This level of predictability is a key factor in the company's strong reputation among investors.

The company's quarterly earnings calls are typically held in late January and July, providing investors with a timely update on its financial performance.

Frequently Asked Questions

Why is Parker-Hannifin stock dropping?

Parker-Hannifin's stock is dropping due to heightened geopolitical tensions in the region, specifically in the Philippines, following China's call to remove US missile systems. Market uncertainty around the company's operations may be contributing to the decline.

Greg Brown

Senior Writer

Greg Brown is a seasoned writer with a keen interest in the world of finance. With a focus on investment strategies, Greg has established himself as a knowledgeable and insightful voice in the industry. Through his writing, Greg aims to provide readers with practical advice and expert analysis on various investment topics.

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