Parker Hannifin Stock Buy Hold or Sell Recommendation
| PH Stock | USD 538.09 2.48 0.46% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Parker Hannifin is 'Buy'. Macroaxis provides Parker Hannifin buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PH positions. The advice algorithm takes into account all of Parker Hannifin's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Parker Hannifin's buy or sell advice are summarized below:
Real Value 533.01 | Target Price 444.19 | Hype Value 539.98 | Market Value 538.09 | Naive Value 521.9 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Parker Hannifin given historical horizon and risk tolerance towards Parker Hannifin. When Macroaxis issues a 'buy' or 'sell' recommendation for Parker Hannifin, the advice is generated through an automated system that utilizes algorithms and statistical models.
Parker |
Execute Parker Hannifin Buy or Sell Advice
The Parker recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Parker Hannifin. Macroaxis does not own or have any residual interests in Parker Hannifin or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Parker Hannifin's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Parker Hannifin Trading Alerts and Improvement Suggestions
| Parker Hannifin has a poor financial position based on the latest SEC disclosures | |
| Over 84.0% of the company shares are owned by institutional investors | |
| On 1st of March 2024 Parker Hannifin paid $ 1.48 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Disposition of 1370 shares by Reidy Jay of Parker Hannifin at 406.32 subject to Rule 16b-3 |
Parker Hannifin Returns Distribution Density
The distribution of Parker Hannifin's historical returns is an attempt to chart the uncertainty of Parker Hannifin's future price movements. The chart of the probability distribution of Parker Hannifin daily returns describes the distribution of returns around its average expected value. We use Parker Hannifin price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Parker Hannifin returns is essential to provide solid investment advice for Parker Hannifin.
| Mean Return | 0.25 | Value At Risk | -1.26 | Potential Upside | 2.04 | Standard Deviation | 1.38 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Parker Hannifin historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Parker Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Parker Hannifin is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Parker Hannifin backward and forwards among themselves. Parker Hannifin's institutional investor refers to the entity that pools money to purchase Parker Hannifin's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2023-12-31 | 1.7 M | Nuveen Asset Management, Llc | 2023-12-31 | 1.5 M | Goldman Sachs Group Inc | 2023-12-31 | 1.5 M | Norges Bank | 2023-12-31 | 1.4 M | Wellington Management Company Llp | 2023-12-31 | 1.3 M | Northern Trust Corp | 2023-12-31 | 1.3 M | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2023-12-31 | 1.3 M | Alphinity Investment Management Pty Ltd | 2023-12-31 | 1.1 M | Boston Partners Global Investors, Inc | 2023-12-31 | 1.1 M | Vanguard Group Inc | 2023-12-31 | 10.5 M | Blackrock Inc | 2023-12-31 | 8.5 M |
Parker Hannifin Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 201.2M | (85.6M) | (212.1M) | 53.1M | 47.8M | 50.2M | |
| Change In Cash | (2.5B) | 47.6M | 5.9B | (6.2B) | (5.6B) | (5.3B) | |
| Free Cash Flow | 1.8B | 2.4B | 2.2B | 2.6B | 3.0B | 3.1B | |
| Depreciation | 537.5M | 595.4M | 571.8M | 818.1M | 940.8M | 987.9M | |
| Other Non Cash Items | 3.4M | (130.0M) | 24.5M | 163.0M | 146.7M | 154.1M | |
| Dividends Paid | 453.8M | 475.2M | 569.9M | 704.1M | 809.7M | 850.1M | |
| Capital Expenditures | 232.6M | 210.0M | 230.0M | 380.7M | 437.9M | 242.8M | |
| Net Income | 1.2B | 1.7B | 1.3B | 2.1B | 2.4B | 2.5B | |
| End Period Cash Flow | 685.5M | 733.1M | 6.6B | 475.2M | 546.5M | 747.7M | |
| Change To Netincome | 130.6M | (59.3M) | (189.0M) | (61.5M) | (55.3M) | (52.5M) | |
| Change Receivables | 578.9M | (298.5M) | (179.1M) | (16.7M) | (19.2M) | (20.1M) | |
| Net Borrowings | 1.1B | (1.9B) | 5.0B | 26.9M | 30.9M | 29.4M | |
| Investments | 80.7M | 44.6M | 3.9M | (8.2B) | (7.4B) | (7.0B) |
Parker Hannifin Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Parker Hannifin or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Parker Hannifin's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Parker stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.15 | |
β | Beta against NYSE Composite | 1.51 | |
σ | Overall volatility | 1.39 | |
Ir | Information ratio | 0.13 |
Parker Hannifin Volatility Alert
Parker Hannifin has low volatility with Treynor Ratio of 0.16, Maximum Drawdown of 9.08 and kurtosis of 12.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Parker Hannifin's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Parker Hannifin's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Parker Hannifin Fundamentals Vs Peers
Comparing Parker Hannifin's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Parker Hannifin's direct or indirect competition across all of the common fundamentals between Parker Hannifin and the related equities. This way, we can detect undervalued stocks with similar characteristics as Parker Hannifin or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Parker Hannifin's fundamental indicators could also be used in its relative valuation, which is a method of valuing Parker Hannifin by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Parker Hannifin to competition |
| Fundamentals | Parker Hannifin | Peer Average |
| Return On Equity | 0.26 | -0.31 |
| Return On Asset | 0.0841 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.20 % | (5.51) % |
| Current Valuation | 81.28 B | 16.62 B |
| Shares Outstanding | 128.41 M | 571.82 M |
| Shares Owned By Insiders | 0.46 % | 10.09 % |
| Shares Owned By Institutions | 84.12 % | 39.21 % |
| Number Of Shares Shorted | 1.02 M | 4.71 M |
| Price To Earning | 24.97 X | 28.72 X |
| Price To Book | 6.25 X | 9.51 X |
| Price To Sales | 3.56 X | 11.42 X |
| Revenue | 19.07 B | 9.43 B |
| Gross Profit | 6.57 B | 27.38 B |
| EBITDA | 4.07 B | 3.9 B |
| Net Income | 2.08 B | 570.98 M |
| Cash And Equivalents | 475.18 M | 2.7 B |
| Cash Per Share | 4.39 X | 5.01 X |
| Total Debt | 12.56 B | 5.32 B |
| Debt To Equity | 1.31 % | 48.70 % |
| Current Ratio | 2.06 X | 2.16 X |
| Book Value Per Share | 88.02 X | 1.93 K |
| Cash Flow From Operations | 2.98 B | 971.22 M |
| Short Ratio | 1.85 X | 4.00 X |
| Earnings Per Share | 20.24 X | 3.12 X |
| Price To Earnings To Growth | 2.26 X | 4.89 X |
| Target Price | 587.13 | |
| Number Of Employees | 62.73 K | 18.84 K |
| Beta | 1.52 | -0.15 |
| Market Capitalization | 69.87 B | 19.03 B |
| Total Asset | 29.96 B | 29.47 B |
| Retained Earnings | 17.04 B | 9.33 B |
| Working Capital | (901.14 M) | 1.48 B |
Note: Disposition of 1370 shares by Reidy Jay of Parker Hannifin at 406.32 subject to Rule 16b-3 [view details]
Parker Hannifin Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Parker . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 7567.38 | |||
| Daily Balance Of Power | (0.24) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 542.66 | |||
| Day Typical Price | 541.13 | |||
| Price Action Indicator | (5.80) | |||
| Period Momentum Indicator | (2.48) |
About Parker Hannifin Buy or Sell Advice
When is the right time to buy or sell Parker Hannifin? Buying financial instruments such as Parker Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 11.5B | 12.6B | 14.4B | 15.2B | Total Assets | 25.9B | 30.0B | 34.5B | 36.2B |
Use Investing Ideas to Build Portfolios
In addition to having Parker Hannifin in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Artificial Intelligence Thematic Idea Now
Artificial Intelligence
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Artificial Intelligence Theme or any other thematic opportunities.
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Check out Parker Hannifin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.Note that the Parker Hannifin information on this page should be used as a complementary analysis to other Parker Hannifin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Parker Stock analysis
When running Parker Hannifin's price analysis, check to measure Parker Hannifin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parker Hannifin is operating at the current time. Most of Parker Hannifin's value examination focuses on studying past and present price action to predict the probability of Parker Hannifin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parker Hannifin's price. Additionally, you may evaluate how the addition of Parker Hannifin to your portfolios can decrease your overall portfolio volatility.
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Is Parker Hannifin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parker Hannifin. If investors know Parker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parker Hannifin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.72 | Dividend Share 5.77 | Earnings Share 20.24 | Revenue Per Share 154.399 | Quarterly Revenue Growth 0.031 |
The market value of Parker Hannifin is measured differently than its book value, which is the value of Parker that is recorded on the company's balance sheet. Investors also form their own opinion of Parker Hannifin's value that differs from its market value or its book value, called intrinsic value, which is Parker Hannifin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parker Hannifin's market value can be influenced by many factors that don't directly affect Parker Hannifin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parker Hannifin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parker Hannifin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker Hannifin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.