Parker-Hannifin Corporation (NYSE:PH) went up by 9.52% from its latest closing price when compared to the 1-year high value of $215.94 and move down -70.66%, while PH stocks collected +23.46% of gains with the last five trading sessions. Press Release reported on 03/12/20 that Parker Highlights Ongoing Transformation at Investor Meeting – Reviews Win Strategy(TM) 3.0 and Purpose, Affirms Q3 FY20 EPS Guidance and Reiterates Confidence in FY23 Targets
Parker-Hannifin Corporation (NYSE:PH) Worth an Investment?
Parker-Hannifin Corporation (NYSE: PH) scored price to earnings ratio above its average ratio, recording 12.05 times of increase in earnings at the present.
PH Market Performance
PH stocks went up by 23.46% for the week, with the monthly drop of -34.94% and a quarterly performance of -39.22%, while its annual performance rate touched -23.49%. The simple moving average for the period of the last 20 days is -14.66% for PH stocks with the simple moving average of -30.45% for the last 200 days.
Analysts’ Opinion on Parker-Hannifin Corporation (NYSE:PH)
Many brokerage firms have already submitted their reports for PH stocks, with Stifel repeating the rating for PH shares by setting it to “Buy”. The predicted price for PH socks in the upcoming period according to Stifel is $229 based on the research report published on December 17, 2019.
BofA/Merrill, on the other hand, stated in their research note that they expect to see PH stock at the price of $229. The rating they have provided for PH stocks is “Buy” according to the report published on December 17, 2019.
Wells Fargo gave “ Overweight” rating to PH stocks, setting the target price at $230 in the report published on December 16, 2019.
PH Stocks -30.75% Far from 50 Day Moving Average
After a stumble in the market that brought PH to its low price for the period of the last 52 weeks, Parker-Hannifin Corporation was unable to take a rebound, for now settling with -41.41% of loss for the given period.
The stock volatility was left at 10.00%, however, within the period of a single month, the volatility rate increased by 13.84%, while the shares sank at the distance of -33.29% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -39.19% lower at the present time.
In the course of the last 5 trading sessions, PH went up by +23.46%, which changed the moving average for the period of 200 days to the total of -24.14% of losses for the stock in comparison to the 20-day moving average settled at $145.11. In addition, Parker-Hannifin Corporation saw -38.52% in overturn over the period of a single year with a tendency to cut further losses.
PH Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Parker-Hannifin Corporation (PH), starting from Ross Andrew D, who sold 2,385 shares at the price of $211.83 back on Feb 11. After this action, Rushing now owns 13,654 shares of Parker-Hannifin Corporation, valued at $505,211 with the latest closing price.
Malone Robert W, the VP, President – Filtration Grp of Parker-Hannifin Corporation, sold 4,219 shares at the value of $208.16 during a trade that took place back on Feb 07, which means that Malone Robert W is holding 21,323 shares at the value of $878,215 based on the most recent closing price.
PH Stock Fundamentals
The current profitability levels are settled at +14.83 for the present operating margin and +25.52 for gross margin. The net margin for Parker-Hannifin Corporation stands at +10.56. Total capital return value is set at 17.77, while invested capital returns managed to touch 13.35. Equity return holds the value 22.40%, with 7.40% for asset returns.
Based on Parker-Hannifin Corporation (PH), the company’s capital structure generated 119.22 points for debt to equity in total, while total debt to capital is set at the value of 54.38. Total debt to assets is settled at the value of 40.44 with long-term debt to equity ratio rests at 11.17 and long-term debt to capital is 109.37.
EBITDA value lies at +485.37 M with total debt to EBITDA carrying the value of 2.78. The value for Enterprise to Sales is 1.75 with debt to enterprise value settled at 0.27. The receivables turnover for Parker-Hannifin Corporation is 5.80 with the total asset turnover at the value of 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.43.