Stock To Watch: Parker-Hannifin Corporation (NYSE:PH)


The leading market experts have placed a mean price target of $113.330 on Parker-Hannifin Corporation (NYSE:PH) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.630 a share for the upcoming quarter and $6.310 for the current fiscal. Technical View The technical analysis of Parker-Hannifin Corporation Com plainly substantiates that the 50-day moving average of Parker-Hannifin Corporation Com is $111.679, and stock is hovering 2.102 or +1.882% distant from $111.679. It is noted that the 200-day MA is $106.468, and Parker-Hannifin Corporation Com stock is $7.313 or +6.869% off from this point. Parker-Hannifin Corporation (NYSE:PH) 52-week high is $117.780 and the 52-week low is $83.320. This explains if the stock moves $-3.999, it will post a 52-week high. In event of $+36.559% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Parker-Hannifin Corporation Com, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Parker-Hannifin Corporation (NYSE:PH) ratio came in at 21.114. The stock last ended the trading session at $113.781 and registered a market cap of $15.32B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Parker-Hannifin Corporation (NYSE:PH) PEG ratio is at 2.470.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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