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See what the IHS Markit Score report has to say about Parker-Hannifin Corp.

IHS Markit

Parker-Hannifin Corp

NYSE:PH

Score: Neutral (37)

1 day at current score.

Upgraded from Negative on February 14th 2018

View full report here!

Summary


  • This company ranked neutral compared to the Industrials sector with only 2 positive IHS Markit Categories
  • Perception of the company's creditworthiness is neutral
  • ETFs holding this stock have seen outflows over the last one-month
  • Bearish sentiment is low
  • Economic output in this company's sector is expanding


Bearish sentiment

Short interest | Positive

Short interest is extremely low for PH with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PH.

Money flow

ETF/Index ownership | Negative

ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PH totaled $3.71 billion. Additionally, the rate of outflows appears to be accelerating.

Economic sentiment

PMI by IHS Markit | Positive

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is strong relative to the trend shown over the past year.

Credit worthiness

Credit default swap | Neutral

The current level displays a neutral indicator. PH credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.

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