Parker-Hannifin Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 38 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 1009.31.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Parker-Hannifin Corp is 7.64, ranking 82 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 5.17B, representing a year-over-year increase of 9.10%, while its net profit experienced a year-over-year increase of 10.92%.
Key Metrics
The current valuation score of Parker-Hannifin Corp is 6.32, ranking 131 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its current P/E ratio is 35.12, which is 5.22% below the recent high of 36.96 and 44.17% above the recent low of 19.61.
The current earnings forecast score of Parker-Hannifin Corp is 7.85, ranking 71 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The average price target is 950.00, with a high of 1020.00 and a low of 576.33.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Parker-Hannifin Corp is 9.38, ranking 71 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Currently, the stock price is trading between the resistance level at 1006.61 and the support level at 928.88, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Parker-Hannifin Corp is 7.00, ranking 83 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The latest institutional shareholding proportion is 89.72%, representing a quarter-over-quarter decrease of 0.07%. The largest institutional shareholder is The Vanguard, holding a total of 11.09M shares, representing 8.78% of shares outstanding, with 2.30% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Machinery, Tools, Heavy Vehicles, Trains & Ships domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Parker-Hannifin Corp is 9.15, ranking 16 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The company's beta value is 1.24. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
