PH stock: buy or sell?

PH stock price: $211.84 -0.56% At close on February 14th, 2020

Updated on:
February 14th, 2020

5

Parker-Hannifin declined -0.56% on February/14 to $211.84 after reaching all time highs on Wednesday.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide.

Should I buy PH stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

These 2 buy setups match with Parker-Hannifin stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Parker-Hannifin stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for PH stock for the last month.

PH stock analysis

Daily outlook

Parker-Hannifin declined -0.56% to $211.84 after topping to all time highs on Wednesday.

Parker-Hannifin declined -0.56% to $211.84 after topping to all time highs on Wednesday. From a daily perspective, PH is in a short term uptrend after plotting its last bottom ($206.25, on Monday) higher than the previous bottom, and its last top ($215.40, on Wednesday) also over the previous top. Now trading in between its last bottom and last top PH might consolidate in a plain range, waiting to break out over $215.40 or down under $206.25. Since last October when SMA100d and SMA200d crossed up, PH price gained $32.83 per share (18.34%). Since October when PH stock price broke up the SMA200d line, it gained $45.44 (27.31%). On Wednesday, PH hit a new all time high, pushing higher than on Tuesday tops. Check different trading setups that use ATHs as triggers.

PH stock chart (daily)

Weekly outlook

After boosting an amazing 6.23% in a week last week, Parker-Hannifin closed this week at $211.84 and grew a fine 1.93%.

PH shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late January, PH climbed unceasignly breaking out to new all time highs. It hit new all-time highs back again this week, setting highs to $215.40. Since SMA20d and SMA40w crossed up by mid October 2019, PH price climbed $33.72 per share (18.93%). Late August 2019 PH price bounced up over the SMA of 40 weeks that acted as support stopping new slides.

PH stock chart (weekly)

PH stock price history

PH stock went public on March 17th, 1980 with a price of $0.001. Since then, PH stock surged a inf%, with an average of inf% per year. If you had invested right after PH's IPO a $1,000 in PH stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

PH stock historical price chart

PH stock reached all-time highs on Wednesday with a price of $215.40.

PH stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' PH stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price forecast for Parker-Hannifin stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on May, Parker-Hannifin . Unfortunately, reported EPS is not yet available in our database.
PH earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q32017-11-022.042.249.8%
2017-Q42018-02-012.072.153.9%
2018-Q12018-04-262.622.86.9%
2018-Q22018-08-022.913.2210.7%
2018-Q32018-11-012.512.8413.1%
2018-Q42019-01-312.412.514.1%
2019-Q12019-05-023.01n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw an amazing increase of 18.90% to $14,302.40 M dollars. Nonetheless, its profit margin (compared to sales) stayed stable to 7.42%, that is $1,060.80 million.

Parker-Hannifin presents anual results in June, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Parker-Hannifin TTM sales up to March 2019 were $14,456.33 and income $1,451.95 million USD. If we compare this TTM figures with the last reported annuality, we can esteem Parker-Hannifin business evolution since June 2018: Annual turnover up to March, compared to lastest yearly report, raised a slightly fine 1.08%. Slightly better, profit margin (net income/revenues) stepped up at 7.42%.

PH annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$13,020 M-$948 M7.3%-
2014$13,220 M1.54%$1,040 M7.9%9.65%
2015$12,712 M-3.84%$1,012 M8.0%-2.68%
2016$11,361 M-10.63%$807 M7.1%-20.28%
2017$12,029 M5.88%$983 M8.2%21.88%
2018$14,302 M18.90%$1,061 M7.4%7.87%
TTM $14,456 M1.08%$1,452 M10.0%36.87%

Quarterly financial results

Parker-Hannifin posted $3,687.52 M in revenues for 2019-Q1, a 6.21% up compared to previous quarter. Reported quarter earnings marked $411.25 million with a profit margin of 11.15%. Profit margin inched a 2.17% compared to previous quarter when profit margin was 8.98%. When comparing revenues to same quarter last year, Parker-Hannifin sales marked an unpleasant loss and depreciated a -1.66%.
PH quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$3,500 M-$293 M8.4%-
2017-Q3$3,365 M-3.87%$285 M8.5%-2.70%
2017-Q4$3,371 M0.18%$56 M1.7%-80.32%
2018-Q1$3,750 M11.24%$366 M9.8%551.70%
2018-Q2$3,817 M1.81%$353 M9.3%-3.48%
2018-Q3$3,479 M-8.86%$376 M10.8%6.36%
2018-Q4$3,472 M-0.21%$312 M9.0%-17.03%
2019-Q1$3,688 M6.21%$411 M11.2%31.92%

Parker-Hannifin ownership

When you are planning to invest in shares of a stock, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Parker-Hannifin, 0.29% of all outstanding shares are owned by its staff.

Bearish positions for PH stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Parker-Hannifin:

PH
Market cap$27.2 B
Total shares128.4 M
Float shares126.4 M
  - Institutional holdings (%)84.2%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

PH summary

Friday, February 14th, 2020
Open$213.13
Close$211.84
Day range$210.60 - $213.34
Previous close$213.03
Session gain-0.56%
Average true range$5.32
50d mov avg$204.57
100d mov avg$195.66
200d mov avg$180.70
Daily patternlt06a
Weekly pattern lb03c

Parker-Hannifin performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose as the bechmarking frame for Parker-Hannifin stock.
Stock3m6m12m
PHParker-Hannifin8.18%32.78%24.36%

Parker-Hannifin competitors

Unfortunately, we could not find any public company that could be defined as Parker-Hannifin competitor. This doesn't mean Parker-Hannifin does not have any competitor in the market, it's just we could not detected it.

    Latest PH stock news