Parker-Hannifin (NYSE:PH) Updates FY 2025 Earnings Guidance

Parker-Hannifin (NYSE:PH) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 26.300-27.000 for the period, compared to the consensus estimate of 26.310. The company issued revenue guidance of $20.2 billion-$20.8 billion, compared to the consensus revenue estimate of $20.6 billion. Parker-Hannifin also updated its FY25 guidance to $26.30-27.00 EPS.

Analysts Set New Price Targets

A number of research firms have recently commented on PH. Robert W. Baird boosted their target price on shares of Parker-Hannifin from $622.00 to $654.00 and gave the stock an outperform rating in a research report on Friday. Argus boosted their target price on shares of Parker-Hannifin from $550.00 to $590.00 and gave the stock a buy rating in a research report on Monday, May 6th. Truist Financial reissued a buy rating and set a $673.00 target price (up from $621.00) on shares of Parker-Hannifin in a research report on Friday. Barclays reduced their target price on shares of Parker-Hannifin from $618.00 to $610.00 and set an overweight rating on the stock in a research report on Tuesday, June 4th. Finally, Mizuho raised shares of Parker-Hannifin from a neutral rating to a buy rating and boosted their target price for the stock from $550.00 to $650.00 in a research report on Tuesday, May 28th. Two research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Parker-Hannifin has an average rating of Moderate Buy and an average target price of $615.43.

Parker-Hannifin Stock Performance

Shares of PH traded up $1.73 during midday trading on Friday, hitting $569.81. 920,574 shares of the stock traded hands, compared to its average volume of 735,999. Parker-Hannifin has a 1-year low of $362.49 and a 1-year high of $576.54. The firm has a market capitalization of $73.24 billion, a PE ratio of 26.85, a price-to-earnings-growth ratio of 1.98 and a beta of 1.44. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.50 and a current ratio of 0.87. The business’s 50 day moving average price is $525.78 and its two-hundred day moving average price is $531.56.

Parker-Hannifin (NYSE:PH) last posted its quarterly earnings data on Thursday, August 8th. The industrial products company reported $6.77 earnings per share for the quarter, beating the consensus estimate of $6.22 by $0.55. Parker-Hannifin had a net margin of 13.95% and a return on equity of 29.40%. The company had revenue of $5.19 billion during the quarter, compared to analyst estimates of $5.08 billion. During the same quarter last year, the firm posted $6.08 EPS. The business’s revenue for the quarter was up 1.8% on a year-over-year basis. Equities research analysts predict that Parker-Hannifin will post 24.85 EPS for the current fiscal year.

Parker-Hannifin Company Profile

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.