Earnings Forecast Research on Parker-Hannifin Corporation (PH)

Parker-Hannifin Corporation has received $1.4 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 11 Financial Advisor in the Stock Trading Firms. Among 11 Analysts, Bottom line EPS Estimate for the current quarter is $1.35 while the top line estimate is $1.46 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -8.13%.

Parker-Hannifin Corporation reported better than expected with a surprise EPS of 2.55% or $0.04 during its most recent quarterly earnings. The Actual EPS was $1.61 compared to the Estimated EPS of $1.57. 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 Feb 02, 2017.

Parker-Hannifin Corporation has a Price to Earnings ratio of 22.53 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 4.24. For the Most Recent Fiscal Year, Parker-Hannifin Corporation has a price to cash ratio of 16.65. For the Trailing twelve month period, company showed a Net Profit Margin of 7.32% and Return on Equity of the stock is 18.74%.

In the last quarter, Parker-Hannifin Corporation reported Annual Earnings of $1.61. Based on the filings, last years Annual Earnings was, $6.46. In the last Quarter, PH reported a surprise Earnings per Share of 2.55% . The consensus estimate for current quarter is $1.4 and for the current fiscal year, the estimate is $6.86. For the Next fiscal year, the estimate is $7.67 based on the consensus.

Parker-Hannifin Corporation (NYSE:PH) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.2 points or 0.14% at $147.13 with 1,345,900 shares getting traded. Post opening the session at $146.86, the shares hit an intraday low of $144.82 and an intraday high of $147.52 and the price was in this range throughout the day. The company has a market cap of $19,627 million and the number of outstanding shares has been calculated to be 133,398,476 shares. The 52-week high of Parker-Hannifin Corporation (NYSE:PH) is $150.14 and the 52-week low is $93.46.

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.


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