|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||167.35 - 170.86|
|52 Week Range||140.82 - 193.19|
|Beta (3Y Monthly)||1.79|
|PE Ratio (TTM)||15.35|
|Forward Dividend & Yield||3.52 (2.06%)|
|1y Target Est||N/A|
Wall Street is souring on industrial stocks as bad economic news weighs on analyst sentiment. Still, interest rates are coming down, meaning the hardest economic times may have already passed.
Let's talk about the popular Parker-Hannifin Corporation (NYSE:PH). The company's shares received a lot of attention...
Parker-Hannifin Corp NYSE:PHView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for PH with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $5.08 billion over the last one-month into ETFs that hold PH are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. PH credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
Parker-Hannifin's (PH) fuel atomization nozzle and dual fuel manifold assembly will boost combustion performance of Vericor's oil field gas turbine.
For investors, increase in profitability and industry-beating performance can be essential considerations in an...
Moody's Investors Service (Moody's) assigned Baa1 senior unsecured ratings to Parker-Hannifin Corporation's (Parker-Hannifin) recently announced multi-tranche, benchmark-sized bond issuances. The proceeds from this issuance, along with a delayed-draw term loan (unrated) and commercial paper borrowings, are expected to fund the nearly $3.7 billion acquisition of LORD Corporation (LORD) that was announced April 2019 and is expected to close late-2019. Parker-Hannifin's Baa1 senior unsecured rating reflects the company's position as a leading supplier of motion and control systems and components, with considerable scale - pro forma revenues approaching $16 billion - and largely favorable long-term market opportunities, as indicated by a solid organic growth rate trend that is expected to be 2% - 4% over the next couple of years.
Parker-Hannifin (PH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
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Industrial manufacturer Parker-Hannifin’s top exec says the firm’s pending $3.7 billion buy of Cary-based Lord Corporation comes down to growth opportunity.
CEO Martin Richenhagen said he’s hopeful a U.S.-China trade deal will happen soon, calling the tensions “a homemade problem that we could have avoided.” But a rapprochement won’t necessarily bring a spike in orders. Norfolk Southern CEO Jim Squires said his customers – which range from automotive manufacturers to chemical companies and commodity suppliers – are bullish as a group.
On a per-share basis, the Cleveland-based company said it had profit of $3.14. Earnings, adjusted for non-recurring costs, came to $3.17 per share. The results beat Wall Street expectations. The average ...
Strength across Parker-Hannifin's (PH) Diversified Industrial and Aerospace Systems segments will be conducive to its fiscal third-quarter results. High costs and expenses are concerns.
Hours after disclosing Parker-Hannifin’s $3.7 billion buyout proposal for his company, Lord Corporation CEO Ed Auslander says he’s optimistic that the deal is a good fit – not just for Lord, but for Cary. Auslander won TBJ's 2019 CEO of the Year just a few weeks ago. “They are impressed with us, the people here in Cary, what we’re doing in Cary, all of the R&D, the business leaders are here, and they value all of those folks,” he says.