Fiscal Year Earnings Estimate on Parker-Hannifin Corporation(PH)

Parker-Hannifin Corporation(PH): For the most recent quarter end, Parker-Hannifin Corporation reported Annual Earnings of $1.91. Based on the filings, last years Annual Earnings was, $6.46. For the most recent quarter end, PH reported a surprise Earnings per Share of 36.43% . The consensus estimate for current quarter is $1.8 and for the current fiscal year, the estimate is $7.34. For the Next fiscal year, the estimate is $7.92 based on the consensus. Cleveland based Parker-Hannifin Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 25, 2017.

Parker-Hannifin Corporation has received $1.8 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 10 Financial Advisor in the Stock Trading Firms. Among 10 Analysts, Bottom line EPS Estimate for the current quarter is $1.74 while the top line estimate is $1.88 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 19.07%. Parker-Hannifin Corporation reported better than expected with a surprise EPS of 36.43% or $0.51 during its most recent quarterly earnings. The Actual EPS was $1.91 compared to the Estimated EPS of $1.4. According to the corporate earnings calendar, Parker-Hannifin Corporation will release next earnings on Apr 25, 2017 with an estimated EPS consensus of $1.8. Based on the consensus of stock financial advisors the stock has a price target of $155.62. Current year estimate on EPS consensus is $7.34. The Estimated EPS rate for Long term growth is $9.4.

Parker-Hannifin Corporation has a Price to Earnings ratio of 22.46 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 4.58. For the Most Recent Fiscal Year, Parker-Hannifin Corporation has a price to cash ratio of 17.59. For the Trailing twelve month period, company showed a Net Profit Margin of 7.86% and Return on Equity of the stock is 20.08%.

Parker-Hannifin Corporation last declared its Dividend on Feb 08, 2017. For Dividend Investing Stock Market Traders Parker-Hannifin Corporation has a Dividend Yield of 1.7% with an Annual Dividend of $2.64. It has a Payout Ratio of 0.36 and the change in Dividend payout ratio is 0.05.

Parker-Hannifin Corp Last issued its quarterly earnings results on Feb 2, 2017. The company reported $1.91 EPS for the quarter, beating the analyst consensus estimate by $ 0.52. Analyst had a consensus of $1.39. The company had revenue of $2670.80 million for the quarter, compared to analysts expectations of $2690.13 million. The companys revenue was down -1.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.52 EPS.

Company has reported several Insider transactions to the SEC, on Dec 13, 2016, Wolfgang R Schmitt (director) sold 6,335 shares at 141.19 per share price.On Dec 12, 2016, Candy M Obourn (director) sold 1,755 shares at 142.90 per share price.On Dec 6, 2016, William G Eline (VP- Chief Information Officer) sold 11,151 shares at 143.05 per share price.

Parker-Hannifin Corporation (NYSE:PH) rose 0.15% or 0.24 points on Wednesday and made its way into the gainers of the day. After trading began at $156.49 the stock was seen hitting $156.84 as a peak level and $155.49 as the lowest level. The stock ended up at $155.86. The daily volume was measured at 1,058,473 shares. The 52-week high of the share price is $156.84 and the 52-week low is $98.47. The company has a market cap of $20,775 million.

Parker-Hannifin Corporation is a leading worldwide full-line manufacturer of motion control products, including fluid power systems, electro-mechanical controls and related components. Fluid power involves the transfer and control of power through the medium of liquid, gas or air, in hydraulic, pneumatic and vacuum applications. Fluid power systems move and position materials, control machines, vehicles and equipment and improve industrial efficiency and productivity.


Add Comment