Parker-Hannifin (NYSE:PH) Updates FY25 Earnings Guidance

Parker-Hannifin (NYSE:PH) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $26.30-27.00 for the period, compared to the consensus EPS estimate of $26.30. The company issued revenue guidance of $20.20-20.80 billion, compared to the consensus revenue estimate of $20.55 billion. Parker-Hannifin also updated its FY 2025 guidance to 26.300-27.000 EPS.

Analyst Upgrades and Downgrades

Several analysts recently commented on PH shares. Raymond James started coverage on shares of Parker-Hannifin in a research report on Friday, June 28th. They set an outperform rating and a $610.00 price target on the stock. Barclays lowered their price target on Parker-Hannifin from $618.00 to $610.00 and set an overweight rating on the stock in a research report on Tuesday, June 4th. Wells Fargo & Company boosted their price target on shares of Parker-Hannifin from $600.00 to $640.00 and gave the stock an overweight rating in a report on Friday. Stifel Nicolaus reduced their price target on shares of Parker-Hannifin from $629.00 to $613.00 and set a buy rating for the company in a research report on Thursday, July 18th. Finally, Argus increased their price objective on Parker-Hannifin from $550.00 to $590.00 and gave the stock a buy rating in a research report on Monday, May 6th. Two equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus target price of $615.43.

Parker-Hannifin Price Performance

Shares of PH stock traded up $1.73 during mid-day trading on Friday, hitting $569.81. 920,574 shares of the stock traded hands, compared to its average volume of 735,999. 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 firm has a market cap of $73.24 billion, a price-to-earnings ratio of 26.85, a price-to-earnings-growth ratio of 1.98 and a beta of 1.44. The company’s 50-day simple moving average is $525.78 and its 200-day simple moving average is $531.56. Parker-Hannifin has a twelve month low of $362.49 and a twelve month high of $576.54.

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