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

Parker-Hannifin (NYSE:PH) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 26.300-27.000 for the period, compared to the consensus EPS 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.

Parker-Hannifin Stock Performance

NYSE PH traded up $1.73 during trading hours on Friday, reaching $569.81. The stock had a trading volume of 920,574 shares, compared to its average volume of 735,999. The stock has a fifty day moving average of $525.78 and a 200 day moving average of $531.56. The stock has a market cap of $73.24 billion, a P/E ratio of 26.85, a price-to-earnings-growth ratio of 1.98 and a beta of 1.44. Parker-Hannifin has a 52-week low of $362.49 and a 52-week high of $576.54. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.50 and a current ratio of 0.87.

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

Wall Street Analysts Forecast Growth

PH has been the subject of several research analyst reports. Robert W. Baird upped their target price on Parker-Hannifin from $622.00 to $654.00 and gave the stock an outperform rating in a research note on Friday. Mizuho raised Parker-Hannifin from a neutral rating to a buy rating and increased their price objective for the company from $550.00 to $650.00 in a research note on Tuesday, May 28th. Raymond James initiated coverage on Parker-Hannifin in a research note on Friday, June 28th. They issued an outperform rating and a $610.00 price objective for the company. Bank of America increased their price objective on Parker-Hannifin from $600.00 to $650.00 and gave the company a buy rating in a research note on Friday, May 17th. Finally, Argus increased their price objective on Parker-Hannifin from $550.00 to $590.00 and gave the company a buy rating in a research note on Monday, May 6th. Two research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Parker-Hannifin currently has a consensus rating of Moderate Buy and a consensus target price of $615.43.

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.