Parker-Hannifin (PH) Stock Forecast, Price Target & Predictions
PH Stock Forecast
Parker-Hannifin stock forecast is as follows: an average price target of $517.79 (represents a -12.44% downside from PH’s last price of $591.33) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
PH Price Target
PH Analyst Ratings
Parker-Hannifin Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 16, 2024 | John Eade | Argus Research | $650.00 | $590.84 | 10.01% | 9.92% |
Aug 09, 2024 | Julian Mitchell | Barclays | $650.00 | $568.08 | 14.42% | 9.92% |
Jun 27, 2024 | Tim Thein | Raymond James | $610.00 | $504.22 | 20.98% | 3.16% |
Jun 04, 2024 | Julian Mitchell | Barclays | $610.00 | $513.08 | 18.89% | 3.16% |
May 28, 2024 | Brett Linzey | Mizuho Securities | $650.00 | $529.83 | 22.68% | 9.92% |
May 17, 2024 | Jeffrey Hammond | KeyBanc | $640.00 | $544.49 | 17.54% | 8.23% |
May 17, 2024 | Joe Ritchie | Goldman Sachs | $700.00 | $544.40 | 28.58% | 18.38% |
May 06, 2024 | John Eade | Argus Research | $590.00 | $536.18 | 10.04% | -0.22% |
May 03, 2024 | Brett Linzey | Mizuho Securities | $550.00 | $530.68 | 3.64% | -6.99% |
Apr 03, 2024 | Nathan Jones | Stifel Nicolaus | $629.00 | $559.06 | 12.51% | 6.37% |
Parker-Hannifin Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 3 | 11 |
Avg Price Target | $650.00 | $636.67 | $625.55 |
Last Closing Price | $591.33 | $591.33 | $591.33 |
Upside/Downside | 9.92% | 7.67% | 5.79% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 11, 2024 | Cowen & Co. | Hold | Hold | Hold |
Sep 04, 2024 | Truist Financial | Underperform | Underperform | Hold |
Sep 04, 2024 | Wells Fargo | Buy | Buy | Hold |
Sep 04, 2024 | Raymond James | Outperform | Outperform | Hold |
Aug 09, 2024 | Deutsche Bank | Buy | Buy | Hold |
Aug 09, 2024 | Wells Fargo | Buy | Buy | Hold |
Aug 09, 2024 | Truist Financial | Underperform | Underperform | Hold |
Aug 09, 2024 | Barclays | Overweight | Overweight | Hold |
Aug 08, 2024 | H.C. Wainwright | Underperform | Underperform | Hold |
Jul 18, 2024 | H.C. Wainwright | Underperform | Underperform | Hold |
Parker-Hannifin Financial Forecast
Parker-Hannifin Revenue Forecast
Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | $4.82B | $4.85B | $5.10B | $5.06B | $4.67B | $4.23B | - | $4.09B | $3.82B | $3.76B | $3.96B | $3.75B | $3.41B | $3.23B | $3.16B | $3.70B | $3.50B | $3.33B | $3.68B | $3.69B |
Avg Forecast | $5.74B | $5.60B | $5.25B | $5.18B | $5.44B | $5.27B | $4.96B | $4.90B | $5.08B | $5.07B | $4.82B | $4.88B | $5.01B | $4.78B | $4.44B | $3.95B | $4.06B | $4.06B | $3.71B | $3.63B | $3.93B | $3.73B | $3.21B | $2.98B | $2.87B | $3.57B | $3.45B | $3.33B | $3.68B | $3.71B |
High Forecast | $5.78B | $5.63B | $5.29B | $5.21B | $5.47B | $5.30B | $4.99B | $4.92B | $5.11B | $5.10B | $4.84B | $5.04B | $5.04B | $4.81B | $4.47B | $3.97B | $4.06B | $4.12B | $3.76B | $3.68B | $3.98B | $3.78B | $3.26B | $3.02B | $2.90B | $3.61B | $3.50B | $3.37B | $3.73B | $3.76B |
Low Forecast | $5.70B | $5.55B | $5.21B | $5.14B | $5.40B | $5.23B | $4.92B | $4.86B | $5.04B | $5.03B | $4.78B | $4.82B | $4.97B | $4.74B | $4.41B | $3.92B | $4.06B | $4.03B | $3.68B | $3.60B | $3.89B | $3.69B | $3.19B | $2.95B | $2.84B | $3.53B | $3.42B | $3.30B | $3.65B | $3.68B |
# Analysts | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 5 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 |
Surprise % | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.99% | 1.02% | 1.06% | 1.05% | 1.07% | - | 1.01% | 1.03% | 1.04% | 1.01% | 1.00% | 1.06% | 1.09% | 1.10% | 1.04% | 1.01% | 1.00% | 1.00% | 0.99% |
Parker-Hannifin EBITDA Forecast
Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 5 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 |
EBITDA | - | - | - | - | - | - | - | - | - | - | $868.16M | $820.43M | $1.27B | $1.13B | $893.42M | $775.12M | - | $639.96M | $695.66M | $776.31M | $864.46M | $808.64M | $789.13M | $629.39M | $591.72M | $672.46M | $481.74M | $612.04M | $668.74M | $685.53M |
Avg Forecast | $1.15B | $1.12B | $1.05B | $1.03B | $1.08B | $1.05B | $988.70M | $978.03M | $1.01B | $744.29M | $961.17M | $972.87M | $999.98M | $676.63M | $886.14M | $740.39M | $759.24M | $615.12M | $597.80M | $673.08M | $852.46M | $738.05M | $534.18M | $433.04M | $415.34M | $479.90M | $424.44M | $589.03M | $625.73M | $651.48M |
High Forecast | $1.15B | $1.12B | $1.05B | $1.04B | $1.09B | $1.06B | $994.53M | $982.02M | $1.02B | $893.15M | $965.15M | $1.01B | $1.01B | $811.95M | $891.37M | $888.46M | $759.24M | $738.14M | $717.36M | $807.69M | $1.02B | $885.66M | $641.02M | $519.65M | $498.40M | $575.88M | $509.33M | $706.84M | $750.88M | $781.78M |
Low Forecast | $1.14B | $1.11B | $1.04B | $1.03B | $1.08B | $1.04B | $981.06M | $970.04M | $1.01B | $595.43M | $953.21M | $960.94M | $992.25M | $541.30M | $879.29M | $592.31M | $759.24M | $492.09M | $478.24M | $538.46M | $681.96M | $590.44M | $427.34M | $346.43M | $332.27M | $383.92M | $339.55M | $471.22M | $500.59M | $521.19M |
Surprise % | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.84% | 1.27% | 1.68% | 1.01% | 1.05% | - | 1.04% | 1.16% | 1.15% | 1.01% | 1.10% | 1.48% | 1.45% | 1.42% | 1.40% | 1.14% | 1.04% | 1.07% | 1.05% |
Parker-Hannifin Net Income Forecast
Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 5 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 |
Net Income | - | - | - | - | - | - | - | - | - | - | $681.85M | $650.83M | $708.96M | $590.89M | $395.24M | $387.85M | - | $348.02M | $387.73M | $451.16M | $505.74M | $471.65M | $447.31M | $321.41M | $295.72M | $367.25M | $204.47M | $338.90M | $413.67M | $411.25M |
Avg Forecast | $1.03B | $977.04M | $915.44M | $894.13M | $955.55M | $903.90M | $835.16M | $801.94M | $812.81M | $404.80M | $688.44M | $695.55M | $716.52M | $368.00M | $582.74M | $430.28M | $610.97M | $334.55M | $333.08M | $391.16M | $498.71M | $430.47M | $302.79M | $221.14M | $207.57M | $262.09M | $180.15M | $326.16M | $387.07M | $390.82M |
High Forecast | $1.04B | $984.53M | $922.46M | $900.99M | $962.88M | $910.83M | $841.56M | $808.51M | $819.04M | $485.76M | $701.58M | $719.13M | $722.02M | $441.60M | $587.21M | $516.33M | $610.97M | $401.45M | $399.69M | $469.40M | $598.46M | $516.57M | $363.35M | $265.37M | $249.08M | $314.51M | $216.18M | $391.39M | $464.48M | $468.99M |
Low Forecast | $1.02B | $967.22M | $906.24M | $885.15M | $945.95M | $894.82M | $826.76M | $795.37M | $804.64M | $323.84M | $676.62M | $668.04M | $709.33M | $294.40M | $576.88M | $344.22M | $610.97M | $267.64M | $266.46M | $312.93M | $398.97M | $344.38M | $242.23M | $176.91M | $166.05M | $209.67M | $144.12M | $260.93M | $309.65M | $312.66M |
Surprise % | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.94% | 0.99% | 1.61% | 0.68% | 0.90% | - | 1.04% | 1.16% | 1.15% | 1.01% | 1.10% | 1.48% | 1.45% | 1.42% | 1.40% | 1.14% | 1.04% | 1.07% | 1.05% |
Parker-Hannifin SG&A Forecast
Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 5 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 |
SG&A | - | - | - | - | - | - | - | - | - | - | $806.80M | $873.69M | $834.94M | $868.39M | $814.97M | $835.80M | - | $412.43M | $380.71M | $407.76M | $414.05M | $386.83M | $356.57M | $369.85M | $352.79M | $413.46M | $491.12M | $399.18M | $391.49M | $360.87M |
Avg Forecast | $753.96M | $734.83M | $690.09M | $680.79M | $714.12M | $692.47M | $650.83M | $643.80M | $667.41M | $479.72M | $632.70M | $640.40M | $658.25M | $436.11M | $583.31M | $388.90M | $498.92M | $396.47M | $327.16M | $353.54M | $408.30M | $353.06M | $241.37M | $254.47M | $247.63M | $295.07M | $432.71M | $384.17M | $366.32M | $342.94M |
High Forecast | $758.40M | $739.16M | $694.16M | $684.80M | $718.33M | $696.55M | $654.66M | $646.43M | $671.35M | $575.67M | $635.32M | $662.36M | $662.13M | $523.34M | $586.75M | $466.67M | $498.92M | $475.76M | $392.59M | $424.25M | $489.96M | $423.67M | $289.65M | $305.36M | $297.16M | $354.08M | $519.25M | $461.01M | $439.58M | $411.53M |
Low Forecast | $748.13M | $729.15M | $684.75M | $675.53M | $708.60M | $687.11M | $645.79M | $638.54M | $662.25M | $383.78M | $627.46M | $632.55M | $653.16M | $348.89M | $578.81M | $311.12M | $498.92M | $317.17M | $261.73M | $282.83M | $326.64M | $282.45M | $193.10M | $203.58M | $198.10M | $236.05M | $346.16M | $307.34M | $293.05M | $274.35M |
Surprise % | - | - | - | - | - | - | - | - | - | - | 1.28% | 1.36% | 1.27% | 1.99% | 1.40% | 2.15% | - | 1.04% | 1.16% | 1.15% | 1.01% | 1.10% | 1.48% | 1.45% | 1.42% | 1.40% | 1.14% | 1.04% | 1.07% | 1.05% |
Parker-Hannifin EPS Forecast
Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 5 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 |
EPS | - | - | - | - | - | - | - | - | - | - | $5.31 | $5.07 | $5.52 | $4.61 | $3.08 | $3.02 | - | $2.71 | $3.02 | $3.50 | $3.91 | $3.65 | $3.47 | $2.50 | $2.30 | $2.86 | $1.59 | $2.64 | $3.22 | $3.20 |
Avg Forecast | $7.87 | $7.48 | $7.01 | $6.84 | $7.31 | $6.92 | $6.39 | $6.14 | $6.22 | $6.12 | $5.27 | $5.32 | $5.48 | $5.02 | $4.46 | $4.18 | $4.68 | $4.65 | $3.92 | $3.69 | $4.32 | $3.78 | $2.60 | $2.33 | $1.51 | $2.24 | $2.27 | $2.66 | $3.11 | $3.01 |
High Forecast | $7.93 | $7.54 | $7.06 | $6.90 | $7.37 | $6.97 | $6.44 | $6.19 | $6.27 | $6.16 | $5.37 | $5.50 | $5.53 | $5.05 | $4.49 | $4.22 | $4.68 | $4.73 | $3.99 | $3.76 | $4.40 | $3.84 | $2.64 | $2.37 | $1.53 | $2.28 | $2.31 | $2.70 | $3.17 | $3.06 |
Low Forecast | $7.79 | $7.40 | $6.94 | $6.78 | $7.24 | $6.85 | $6.33 | $6.09 | $6.16 | $6.05 | $5.18 | $5.11 | $5.43 | $4.97 | $4.42 | $4.14 | $4.68 | $4.60 | $3.87 | $3.65 | $4.27 | $3.73 | $2.57 | $2.31 | $1.49 | $2.22 | $2.25 | $2.62 | $3.08 | $2.98 |
Surprise % | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.95% | 1.01% | 0.92% | 0.69% | 0.72% | - | 0.58% | 0.77% | 0.95% | 0.90% | 0.97% | 1.34% | 1.07% | 1.53% | 1.28% | 0.70% | 0.99% | 1.03% | 1.06% |
Parker-Hannifin Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
IEX | IDEX | $199.78 | $236.33 | 18.30% | Buy |
EMR | Emerson Electric | $102.03 | $116.55 | 14.23% | Buy |
AOS | A. O. Smith | $79.97 | $87.67 | 9.63% | Buy |
ROK | Rockwell Automation | $262.92 | $283.77 | 7.93% | Buy |
FLS | Flowserve | $46.65 | $48.00 | 2.89% | Buy |
DOV | Dover | $185.06 | $175.22 | -5.32% | Hold |
PNR | Pentair | $91.49 | $86.54 | -5.41% | Buy |
ITW | Illinois Tool Works | $251.75 | $230.92 | -8.27% | Hold |
CMI | Cummins | $302.13 | $271.11 | -10.27% | Buy |
PH | Parker-Hannifin | $591.33 | $517.79 | -12.44% | Buy |
ETN | Eaton | $305.80 | $227.70 | -25.54% | Buy |
PH Forecast FAQ
Is Parker-Hannifin a good buy?
Yes, according to 11 Wall Street analysts, Parker-Hannifin (PH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 81.82% of PH's total ratings.
What is PH's price target?
Parker-Hannifin (PH) average price target is $517.79 with a range of $260 to $700, implying a -12.44% from its last price of $591.33. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Parker-Hannifin stock go up soon?
According to Wall Street analysts' prediction for PH stock, the company can go down by -12.44% (from the last price of $591.33 to the average price target of $517.79), up by 18.38% based on the highest stock price target, and down by -56.03% based on the lowest stock price target.
Can Parker-Hannifin stock reach $900?
PH's average twelve months analyst stock price target of $517.79 does not support the claim that Parker-Hannifin can reach $900 in the near future.
What is Parker-Hannifin's current price target trend?
1 Wall Street analyst forecast a $650 price target for Parker-Hannifin (PH) this month, up 9.92% from its last price of $591.33. Compared to the last 3 and 12 months, the average price target increased by 7.67% and increased by 5.79%, respectively.
What are Parker-Hannifin's analysts' financial forecasts?
Parker-Hannifin's analysts financial forecasts for the fiscal year (Jun 2025) are as follows: average revenue is $20.57B (high $20.68B, low $20.41B), average EBITDA is $4.1B (high $4.13B, low $4.07B), average net income is $3.5B (high $3.52B, low $3.46B), average SG&A $2.7B (high $2.72B, low $2.68B), and average EPS is $26.76 (high $26.97, low $26.51). PH's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $21.78B (high $21.9B, low $21.61B), average EBITDA is $4.34B (high $4.37B, low $4.31B), average net income is $3.82B (high $3.84B, low $3.78B), average SG&A $2.86B (high $2.88B, low $2.84B), and average EPS is $29.2 (high $29.43, low $28.91).
Did the PH's actual financial results beat the analysts' financial forecasts?
Based on Parker-Hannifin's last annual report (Jun 2023), the company's revenue was $19.07B, which missed the average analysts forecast of $22.25B by -14.31%. Apple's EBITDA was $4.07B, beating the average prediction of $4.06B by 0.23%. The company's net income was $2.08B, missing the average estimation of $2.71B by -23.10%. Apple's SG&A was $3.35B, beating the average forecast of $2.57B by 30.74%. Lastly, the company's EPS was $16.23, missing the average prediction of $23.82 by -31.88%. In terms of the last quarterly report (Dec 2023), Parker-Hannifin's revenue was $4.82B, beating the average analysts' forecast of $4.82B by 0.06%. The company's EBITDA was $868.16M, missing the average prediction of $961.17M by -9.68%. Parker-Hannifin's net income was $681.85M, missing the average estimation of $688.44M by -0.96%. The company's SG&A was $806.8M, beating the average forecast of $632.7M by 27.52%. Lastly, the company's EPS was $5.31, beating the average prediction of $5.27 by 0.77%