Witnessing the stock’s movement on the chart, on Thursday, Parker-Hannifin Corp. (NYSE: PH) set off with pace as it heaved 10.84% to $568.08, before settling in for the price of $512.50 at the close. Taking a more long-term approach, PH posted a 52-week range of $362.49-$570.15.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Industrials sector firm’s twelve-monthly sales growth has been 7.79% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 13.73%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.36%. This publicly-traded company’s shares outstanding now amounts to $128.43 million, simultaneously with a float of $127.79 million. The organization now has a market capitalization sitting at $73.02 billion. At the time of writing, stock’s 50-day Moving Average stood at $525.56, while the 200-day Moving Average is $500.50.
Parker-Hannifin Corp. (PH) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Industrial Machinery industry. Parker-Hannifin Corp.’s current insider ownership accounts for 0.58%, in contrast to 84.61% institutional ownership. According to the most recent insider trade that took place on May 06 ’24, this organization’s VP & Pres.- Motion Sys. Grp. sold 1,079 shares at the rate of 548.85, making the entire transaction reach 592,209 in total value, affecting insider ownership by 4,200. Preceding that transaction, on May 03 ’24, Company’s VP & Pres.-Filtration Grp. sold 2,058 for 544.25, making the whole transaction’s value amount to 1,120,066. This particular insider is now the holder of 5,866 in total.
Parker-Hannifin Corp. (PH) Earnings and Revenue Records
Parker-Hannifin Corp.’s EPS increase for this current 12-month fiscal period is 4.36% and is forecasted to reach 29.42 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.46% through the next 5 years, which can be compared against the 13.73% growth it accomplished over the previous five years trading on the market.
Parker-Hannifin Corp. (NYSE: PH) Trading Performance Indicators
Let’s observe the current performance indicators for Parker-Hannifin Corp. (PH). It’s Quick Ratio in the last reported quarter now stands at 0.55. The Stock has managed to achieve an average true range (ATR) of 20.16. Alongside those numbers, its PE Ratio stands at $26.06, and its Beta score is 1.43. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.66. Similarly, its price to free cash flow for trailing twelve months is now 24.42.
In the same vein, PH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 21.80, a figure that is expected to reach 6.16 in the next quarter, and analysts are predicting that it will be 29.42 at the market close of one year from today.
Technical Analysis of Parker-Hannifin Corp. (PH)
Going through the that latest performance of [Parker-Hannifin Corp., PH]. Its last 5-days volume of 0.95 million indicated improvement to the volume of 0.67 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 51.90% While, its Average True Range was 23.32.
Raw Stochastic average of Parker-Hannifin Corp. (PH) in the period of the previous 100 days is set at 97.33%, which indicates a major fall in contrast to 98.23% 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 57.69% that was higher than 30.49% volatility it exhibited in the past 100-days period.
