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How to buy Parker-Hannifin Corporation stock | $291.1

Learn how to easily invest in Parker-Hannifin Corporation stock.

Parker-Hannifin Corporation is a specialty industrial machinery business based in the US. Parker-Hannifin Corporation shares (PH) are listed on the NYSE and all prices are listed in US Dollars. Parker-Hannifin Corporation employs 54,640 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Parker-Hannifin Corporation

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – PH – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Parker-Hannifin Corporation stock price (NYSE: PH)

Use our graph to track the performance of PH stocks over time.

Parker-Hannifin Corporation shares at a glance

Information last updated 2021-09-17.
Latest market close$291.10
52-week range$189.60 - $323.58
50-day moving average $296.25
200-day moving average $305.43
Wall St. target price$354.47
PE ratio 21.5453
Dividend yield $3.67 (1.27%)
Earnings per share (TTM) $13.35

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Parker-Hannifin Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Parker-Hannifin Corporation price performance over time

Historical closes compared with the close of $291.1 from 2021-09-23

1 week (2021-09-17) 1.21%
1 month (2021-08-24) -2.63%
3 months (2021-06-24) -2.60%
6 months (2021-03-24) -5.59%
1 year (2020-09-24) 48.58%
2 years (2019-09-24) 63.82%
3 years (2018-09-24) 53.50%
5 years (2016-09-23) 138.74%

Is Parker-Hannifin Corporation under- or over-valued?

Valuing Parker-Hannifin Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Parker-Hannifin Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Parker-Hannifin Corporation's P/E ratio

Parker-Hannifin Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Parker-Hannifin Corporation shares trade at around 22x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Parker-Hannifin Corporation's PEG ratio

Parker-Hannifin Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.3926. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Parker-Hannifin Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Parker-Hannifin Corporation's EBITDA

Parker-Hannifin Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3 billion.

The EBITDA is a measure of a Parker-Hannifin Corporation's overall financial performance and is widely used to measure a its profitability.

Parker-Hannifin Corporation financials

Revenue TTM $14.3 billion
Operating margin TTM 16.59%
Gross profit TTM $3.9 billion
Return on assets TTM 7.39%
Return on equity TTM 23.84%
Profit margin 12.17%
Book value $65.03
Market capitalisation $37.1 billion

TTM: trailing 12 months

Shorting Parker-Hannifin Corporation shares

There are currently 972,938 Parker-Hannifin Corporation shares held short by investors – that's known as Parker-Hannifin Corporation's "short interest". This figure is 16% down from 1.2 million last month.

There are a few different ways that this level of interest in shorting Parker-Hannifin Corporation shares can be evaluated.

Parker-Hannifin Corporation's "short interest ratio" (SIR)

Parker-Hannifin Corporation's "short interest ratio" (SIR) is the quantity of Parker-Hannifin Corporation shares currently shorted divided by the average quantity of Parker-Hannifin Corporation shares traded daily (recently around 1.1 million). Parker-Hannifin Corporation's SIR currently stands at 0.85. In other words for every 100,000 Parker-Hannifin Corporation shares traded daily on the market, roughly 850 shares are currently held short.

However Parker-Hannifin Corporation's short interest can also be evaluated against the total number of Parker-Hannifin Corporation shares, or, against the total number of tradable Parker-Hannifin Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Parker-Hannifin Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Parker-Hannifin Corporation shares in existence, roughly 10 shares are currently held short) or 0.0076% of the tradable shares (for every 100,000 tradable Parker-Hannifin Corporation shares, roughly 8 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Parker-Hannifin Corporation.

Find out more about how you can short Parker-Hannifin Corporation stock.

Parker-Hannifin Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Parker-Hannifin Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Parker-Hannifin Corporation's total ESG risk score

Total ESG risk: 33.6

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Parker-Hannifin Corporation's overall score of 33.6 (as at 12/31/2018) is nothing to write home about – landing it in it in the 54th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Parker-Hannifin Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Parker-Hannifin Corporation's environmental score

Environmental score: 10.48/100

Parker-Hannifin Corporation's environmental score of 10.48 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Parker-Hannifin Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Parker-Hannifin Corporation's social score

Social score: 13.59/100

Parker-Hannifin Corporation's social score of 13.59 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Parker-Hannifin Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Parker-Hannifin Corporation's governance score

Governance score: 12.03/100

Parker-Hannifin Corporation's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Parker-Hannifin Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Parker-Hannifin Corporation's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Parker-Hannifin Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Parker-Hannifin Corporation has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Parker-Hannifin Corporation was last rated for ESG on: 2019-01-01.

Total ESG score 33.6
Total ESG percentile 53.66
Environmental score 10.48
Environmental score percentile 6
Social score 13.59
Social score percentile 6
Governance score 12.03
Governance score percentile 6
Level of controversy 2

Parker-Hannifin Corporation share dividends

25%

Dividend payout ratio: 25.47% of net profits

Recently Parker-Hannifin Corporation has paid out, on average, around 25.47% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.42% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Parker-Hannifin Corporation shareholders could enjoy a 1.42% return on their shares, in the form of dividend payments. In Parker-Hannifin Corporation's case, that would currently equate to about $3.67 per share.

While Parker-Hannifin Corporation's payout ratio might seem fairly standard, it's worth remembering that Parker-Hannifin Corporation may be investing much of the rest of its net profits in future growth.

Parker-Hannifin Corporation's most recent dividend payout was on 9 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 25 August 2021 (the "ex-dividend date").

Have Parker-Hannifin Corporation's shares ever split?

Parker-Hannifin Corporation's shares were split on a 3:2 basis on 1 October 2007. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Parker-Hannifin Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Parker-Hannifin Corporation shares which in turn could have impacted Parker-Hannifin Corporation's share price.

Parker-Hannifin Corporation share price volatility

Over the last 12 months, Parker-Hannifin Corporation's shares have ranged in value from as little as $189.6007 up to $323.5781. A popular way to gauge a stock's volatility is its "beta".

PH.US volatility(beta: 1.77)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Parker-Hannifin Corporation's is 1.7691. This would suggest that Parker-Hannifin Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Parker-Hannifin Corporation overview

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 Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. Its Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives.

Frequently asked questions

What percentage of Parker-Hannifin Corporation is owned by insiders or institutions?
Currently 0.409% of Parker-Hannifin Corporation shares are held by insiders and 85.447% by institutions.
How many people work for Parker-Hannifin Corporation?
Latest data suggests 54,640 work at Parker-Hannifin Corporation.
When does the fiscal year end for Parker-Hannifin Corporation?
Parker-Hannifin Corporation's fiscal year ends in June.
Where is Parker-Hannifin Corporation based?
Parker-Hannifin Corporation's address is: 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141
What is Parker-Hannifin Corporation's ISIN number?
Parker-Hannifin Corporation's international securities identification number is: US7010941042
What is Parker-Hannifin Corporation's CUSIP number?
Parker-Hannifin Corporation's Committee on Uniform Securities Identification Procedures number is: 701094104

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