Parker-Hannifin Corporation (NYSE: PH) established initial surge of 1.28% at $335.15, as the Stock market unbolted on May 18, 2023. During the day, the stock rose to $338.73 and sunk to $329.47 before settling in for the price of $330.92 at the close. Taking a more long-term approach, PH posted a 52-week range of $230.44-$364.57.
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It was noted that the giant of the Industrials sector posted annual sales growth of 5.70% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 6.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -24.40%. This publicly-traded company’s shares outstanding now amounts to $128.29 million, simultaneously with a float of $127.78 million. The organization now has a market capitalization sitting at $43.08 billion. At the time of writing, stock’s 50-day Moving Average stood at $324.87, while the 200-day Moving Average is $304.16.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 55090 workers. It has generated 287,922 per worker during the last fiscal year. Meanwhile, its income per employee was 23,881. The stock had 5.81 Receivables turnover and 0.69 Total Asset turnover. For the Profitability, stocks gross margin was +27.65, operating margin was +17.75 and Pretax Margin of +10.18.
Parker-Hannifin Corporation (PH) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Parker-Hannifin Corporation industry. Parker-Hannifin Corporation’s current insider ownership accounts for 0.20%, in contrast to 85.90% institutional ownership. According to the most recent insider trade that took place on May 09, this organization’s VP & Chief Tech. & Info Off. sold 600 shares at the rate of 337.00, making the entire transaction reach 202,200 in total value, affecting insider ownership by 2,241. Preceding that transaction, on May 05, Company’s Vice Chairman and President sold 29,764 for 333.84, making the whole transaction’s value amount to 9,936,278. This particular insider is now the holder of 110,476 in total.
Parker-Hannifin Corporation (PH) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 3/30/2023, it has been observed that the corporation posted $5.93 earnings per share (EPS) during the time that was better the consensus figure (set at $5.01) by $0.92. This company achieved a net margin of +8.29 while generating a return on equity of 15.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.2 per share during the current fiscal year.
Parker-Hannifin Corporation’s EPS decrease for this current 12-month fiscal period is -24.40% and is forecasted to reach 22.16 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.91% through the next 5 years, which can be compared against the 6.80% growth it accomplished over the previous five years trading on the market.
Parker-Hannifin Corporation (NYSE: PH) Trading Performance Indicators
Let’s observe the current performance indicators for Parker-Hannifin Corporation (PH). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 8.49. Alongside those numbers, its PE Ratio stands at $29.01, and its Beta score is 1.49. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.37. Similarly, its price to free cash flow for trailing twelve months is now 25.96.
In the same vein, PH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 11.55, a figure that is expected to reach 5.42 in the next quarter, and analysts are predicting that it will be 22.16 at the market close of one year from today.
Technical Analysis of Parker-Hannifin Corporation (PH)
Now, what If we examine the latest scores posted by [Parker-Hannifin Corporation, PH]. During the last 5-days, its volume was lower the volume of 0.93 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 44.00% While, its Average True Range was 8.50.
Raw Stochastic average of Parker-Hannifin Corporation (PH) in the period of the previous 100 days is set at 62.18%, which indicates a major fall in contrast to 77.24% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 27.69% that was lower than 29.19% volatility it exhibited in the past 100-days period.
