Parker Hannifin Net Worth
Parker Hannifin Net Worth Breakdown | PH |
Parker Hannifin Net Worth Analysis
Parker Hannifin's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Parker Hannifin's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Parker Hannifin's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Parker Hannifin's net worth analysis. One common approach is to calculate Parker Hannifin's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Parker Hannifin's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Parker Hannifin's net worth. This approach calculates the present value of Parker Hannifin's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Parker Hannifin's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Parker Hannifin's net worth. This involves comparing Parker Hannifin's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Parker Hannifin's net worth relative to its peers.
Enterprise Value |
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To determine if Parker Hannifin is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Parker Hannifin's net worth research are outlined below:
Parker Hannifin generated a negative expected return over the last 90 days | |
Over 88.0% of the company shares are owned by institutional investors | |
On 7th of March 2025 Parker Hannifin paid $ 1.63 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: Parker-Hannifin Corporation Among Stocks to Buy That May Be Splitting Soon |
Parker Hannifin Quarterly Good Will |
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Parker Hannifin uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Parker Hannifin. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Parker Hannifin's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
1st of August 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
30th of June 2023 Last Financial Announcement | View |
Parker Hannifin Target Price Consensus
Parker target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Parker Hannifin's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
22 | Strong Buy |
Most Parker analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Parker stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Parker Hannifin, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationParker Hannifin Target Price Projection
Parker Hannifin's current and average target prices are 630.01 and 738.40, respectively. The current price of Parker Hannifin is the price at which Parker Hannifin is currently trading. On the other hand, Parker Hannifin's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Parker Hannifin Market Quote on 20th of March 2025
Target Price
Analyst Consensus On Parker Hannifin Target Price
Know Parker Hannifin's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Parker Hannifin is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Parker Hannifin backward and forwards among themselves. Parker Hannifin's institutional investor refers to the entity that pools money to purchase Parker Hannifin's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2024-12-31 | 2 M | Jpmorgan Chase & Co | 2024-12-31 | 1.9 M | Wellington Management Company Llp | 2024-12-31 | 1.8 M | Norges Bank | 2024-12-31 | 1.7 M | T. Rowe Price Associates, Inc. | 2024-12-31 | 1.6 M | Charles Schwab Investment Management Inc | 2024-12-31 | 1.6 M | Northern Trust Corp | 2024-12-31 | 1.3 M | Nuveen Asset Management, Llc | 2024-12-31 | 1.3 M | Ubs Group Ag | 2024-12-31 | 972.3 K | Vanguard Group Inc | 2024-12-31 | 10.9 M | State Street Corp | 2024-12-31 | 9.8 M |
Follow Parker Hannifin's market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 79.37 B.Market Cap |
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Project Parker Hannifin's profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.23 | 0.24 | |
Return On Capital Employed | 0.19 | 0.17 | |
Return On Assets | 0.09 | 0.05 | |
Return On Equity | 0.21 | 0.12 |
When accessing Parker Hannifin's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Parker Hannifin's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Parker Hannifin's profitability and make more informed investment decisions.
Evaluate Parker Hannifin's management efficiency
Parker Hannifin has Return on Asset (ROA) of 0.0878 % which means that for every $100 of assets, it generated a profit of $0.0878. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2585 %, which means that it produced $0.2585 on every 100 dollars invested by current stockholders. Parker Hannifin's management efficiency ratios could be used to measure how well Parker Hannifin manages its routine affairs as well as how well it operates its assets and liabilities. The Parker Hannifin's current Return On Tangible Assets is estimated to increase to 0.24, while Return On Capital Employed is projected to decrease to 0.17. As of now, Parker Hannifin's Other Current Assets are increasing as compared to previous years. The Parker Hannifin's current Total Current Assets is estimated to increase to about 8.2 B, while Deferred Long Term Asset Charges is projected to decrease to under 49.3 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 84.61 | 88.84 | |
Tangible Book Value Per Share | (55.87) | (53.07) | |
Enterprise Value Over EBITDA | 13.34 | 7.24 | |
Price Book Value Ratio | 4.80 | 5.04 | |
Enterprise Value Multiple | 13.34 | 7.24 | |
Price Fair Value | 4.80 | 5.04 | |
Enterprise Value | 67.1 B | 70.4 B |
Examining the leadership quality of Parker Hannifin offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Enterprise Value Revenue 4.4212 | Revenue | Quarterly Revenue Growth (0.02) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Parker Hannifin insiders, such as employees or executives, is commonly permitted as long as it does not rely on Parker Hannifin's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Parker Hannifin insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Parker Hannifin time-series forecasting models is one of many Parker Hannifin's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Parker Hannifin's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Parker Hannifin Earnings Estimation Breakdown
The calculation of Parker Hannifin's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Parker Hannifin is estimated to be 6.7155 with the future projection ranging from a low of 6.65 to a high of 6.83. Please be aware that this consensus of annual earnings estimates for Parker Hannifin is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
6.65 Lowest | Expected EPS | 6.83 Highest |
Parker Hannifin Earnings Projection Consensus
Suppose the current estimates of Parker Hannifin's value are higher than the current market price of the Parker Hannifin stock. In this case, investors may conclude that Parker Hannifin is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Parker Hannifin's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
23 | 91.26% | 6.53 | 6.7155 | 24.22 |
Parker Hannifin Earnings History
Earnings estimate consensus by Parker Hannifin analysts from Wall Street is used by the market to judge Parker Hannifin's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Parker Hannifin's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Parker Hannifin Quarterly Gross Profit |
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Parker Hannifin Earnings per Share Projection vs Actual
Actual Earning per Share of Parker Hannifin refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Parker Hannifin predict the company's earnings will be in the future. The higher the earnings per share of Parker Hannifin, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Parker Hannifin Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Parker Hannifin, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Parker Hannifin should always be considered in relation to other companies to make a more educated investment decision.Parker Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Parker Hannifin's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2025-01-30 | 2024-12-31 | 6.34 | 6.53 | 0.19 | 2 | ||
2024-10-31 | 2024-09-30 | 6.14 | 6.2 | 0.06 | 0 | ||
2024-08-08 | 2024-06-30 | 6.22 | 6.77 | 0.55 | 8 | ||
2024-05-02 | 2024-03-31 | 6.15 | 6.51 | 0.36 | 5 | ||
2024-02-01 | 2023-12-31 | 5.26 | 6.15 | 0.89 | 16 | ||
2023-11-02 | 2023-09-30 | 5.31 | 5.96 | 0.65 | 12 | ||
2023-08-03 | 2023-06-30 | 5.48 | 6.08 | 0.6 | 10 | ||
2023-05-04 | 2023-03-31 | 5.01 | 5.93 | 0.92 | 18 | ||
2023-02-02 | 2022-12-31 | 4.46 | 4.76 | 0.3 | 6 | ||
2022-11-03 | 2022-09-30 | 4.17 | 4.74 | 0.57 | 13 | ||
2022-08-04 | 2022-06-30 | 4.67 | 5.16 | 0.49 | 10 | ||
2022-05-05 | 2022-03-31 | 4.65 | 4.83 | 0.18 | 3 | ||
2022-02-03 | 2021-12-31 | 3.91 | 4.46 | 0.55 | 14 | ||
2021-11-04 | 2021-09-30 | 3.68 | 4.26 | 0.58 | 15 | ||
2021-08-05 | 2021-06-30 | 4.33 | 4.38 | 0.05 | 1 | ||
2021-04-29 | 2021-03-31 | 3.78 | 4.11 | 0.33 | 8 | ||
2021-02-04 | 2020-12-31 | 2.6 | 3.44 | 0.84 | 32 | ||
2020-11-05 | 2020-09-30 | 2.34 | 3.07 | 0.73 | 31 | ||
2020-08-06 | 2020-06-30 | 1.51 | 2.55 | 1.04 | 68 | ||
2020-04-30 | 2020-03-31 | 2.27 | 2.92 | 0.65 | 28 | ||
2020-01-30 | 2019-12-31 | 2.27 | 2.54 | 0.27 | 11 | ||
2019-10-31 | 2019-09-30 | 2.65 | 2.76 | 0.11 | 4 | ||
2019-08-01 | 2019-06-30 | 3.11 | 3.31 | 0.2 | 6 | ||
2019-05-02 | 2019-03-31 | 3.02 | 3.17 | 0.15 | 4 | ||
2019-01-31 | 2018-12-31 | 2.42 | 2.51 | 0.09 | 3 | ||
2018-11-01 | 2018-09-30 | 2.53 | 2.84 | 0.31 | 12 | ||
2018-08-02 | 2018-06-30 | 2.91 | 3.22 | 0.31 | 10 | ||
2018-04-26 | 2018-03-31 | 2.62 | 2.8 | 0.18 | 6 | ||
2018-02-01 | 2017-12-31 | 2.07 | 2.15 | 0.08 | 3 | ||
2017-11-02 | 2017-09-30 | 2.03 | 2.12 | 0.09 | 4 | ||
2017-08-03 | 2017-06-30 | 2.31 | 2.45 | 0.14 | 6 | ||
2017-04-27 | 2017-03-31 | 1.86 | 2.11 | 0.25 | 13 | ||
2017-02-02 | 2016-12-31 | 1.39 | 1.91 | 0.52 | 37 | ||
2016-10-21 | 2016-09-30 | 1.57 | 1.61 | 0.04 | 2 | ||
2016-08-04 | 2016-06-30 | 1.76 | 1.9 | 0.14 | 7 | ||
2016-04-26 | 2016-03-31 | 1.44 | 1.51 | 0.07 | 4 | ||
2016-01-26 | 2015-12-31 | 1.18 | 1.52 | 0.34 | 28 | ||
2015-10-22 | 2015-09-30 | 1.46 | 1.52 | 0.06 | 4 | ||
2015-08-04 | 2015-06-30 | 1.86 | 1.43 | -0.43 | 23 | ||
2015-04-28 | 2015-03-31 | 1.99 | 2.06 | 0.07 | 3 | ||
2015-01-27 | 2014-12-31 | 1.55 | 1.84 | 0.29 | 18 | ||
2014-10-28 | 2014-09-30 | 1.67 | 1.85 | 0.18 | 10 | ||
2014-08-06 | 2014-06-30 | 2.07 | 1.98 | -0.09 | 4 | ||
2014-04-29 | 2014-03-31 | 1.62 | 1.6 | -0.02 | 1 | ||
2014-01-22 | 2013-12-31 | 1.23 | 1.24 | 0.01 | 0 | ||
2013-10-18 | 2013-09-30 | 1.47 | 1.61 | 0.14 | 9 | ||
2013-08-06 | 2013-06-30 | 1.97 | 1.78 | -0.19 | 9 | ||
2013-04-25 | 2013-03-31 | 1.67 | 1.68 | 0.01 | 0 | ||
2013-01-18 | 2012-12-31 | 1.11 | 1.19 | 0.08 | 7 | ||
2012-10-19 | 2012-09-30 | 1.73 | 1.57 | -0.16 | 9 | ||
2012-08-02 | 2012-06-30 | 1.91 | 1.96 | 0.05 | 2 | ||
2012-04-24 | 2012-03-31 | 1.71 | 2.01 | 0.3 | 17 | ||
2012-01-20 | 2011-12-31 | 1.62 | 1.56 | -0.06 | 3 | ||
2011-10-18 | 2011-09-30 | 1.69 | 1.91 | 0.22 | 13 | ||
2011-08-02 | 2011-06-30 | 1.8 | 1.79 | -0.01 | 0 | ||
2011-04-27 | 2011-03-31 | 1.55 | 1.68 | 0.13 | 8 | ||
2011-01-20 | 2010-12-31 | 1.3 | 1.39 | 0.09 | 6 | ||
2010-10-19 | 2010-09-30 | 1.07 | 1.51 | 0.44 | 41 | ||
2010-08-03 | 2010-06-30 | 1.08 | 1.35 | 0.27 | 25 | ||
2010-04-20 | 2010-03-31 | 0.77 | 0.94 | 0.17 | 22 | ||
2010-01-19 | 2009-12-31 | 0.35 | 0.64 | 0.29 | 82 | ||
2009-10-20 | 2009-09-30 | 0.17 | 0.45 | 0.28 | 164 | ||
2009-07-30 | 2009-06-30 | 0.22 | 0.31 | 0.09 | 40 | ||
2009-04-16 | 2009-03-31 | 0.46 | 0.33 | -0.13 | 28 | ||
2009-01-20 | 2008-12-31 | 0.83 | 0.96 | 0.13 | 15 | ||
2008-10-16 | 2008-09-30 | 1.39 | 1.5 | 0.11 | 7 | ||
2008-07-31 | 2008-06-30 | 1.5 | 1.55 | 0.05 | 3 | ||
2008-04-22 | 2008-03-31 | 1.34 | 1.49 | 0.15 | 11 | ||
2008-01-17 | 2007-12-31 | 1.19 | 1.23 | 0.04 | 3 | ||
2007-10-18 | 2007-09-30 | 1.24 | 1.33 | 0.09 | 7 | ||
2007-08-01 | 2007-06-30 | 1.18 | 1.23 | 0.05 | 4 | ||
2007-04-24 | 2007-03-31 | 1.09 | 1.19 | 0.1 | 9 | ||
2007-01-17 | 2006-12-31 | 0.94 | 1.09 | 0.15 | 15 | ||
2006-10-18 | 2006-09-30 | 0.99 | 1.17 | 0.18 | 18 | ||
2006-08-01 | 2006-06-30 | 1 | 1.03 | 0.03 | 3 | ||
2006-04-18 | 2006-03-31 | 0.93 | 0.97 | 0.04 | 4 | ||
2006-01-18 | 2005-12-31 | 0.75 | 0.77 | 0.02 | 2 | ||
2005-10-18 | 2005-09-30 | 0.82 | 0.79 | -0.03 | 3 | ||
2005-07-28 | 2005-06-30 | 0.79 | 0.89 | 0.1 | 12 | ||
2005-04-18 | 2005-03-31 | 0.73 | 0.79 | 0.06 | 8 | ||
2005-01-18 | 2004-12-31 | 0.69 | 0.63 | -0.06 | 8 | ||
2004-10-19 | 2004-09-30 | 0.55 | 0.74 | 0.19 | 34 | ||
2004-07-29 | 2004-06-30 | 0.61 | 0.7 | 0.09 | 14 | ||
2004-04-19 | 2004-03-31 | 0.59 | 0.6 | 0.01 | 1 | ||
2004-01-20 | 2003-12-31 | 0.3 | 0.31 | 0.01 | 3 | ||
2003-10-15 | 2003-09-30 | 0.27 | 0.32 | 0.05 | 18 | ||
2003-07-29 | 2003-06-30 | 0.31 | 0.29 | -0.02 | 6 | ||
2003-04-15 | 2003-03-31 | 0.32 | 0.31 | -0.01 | 3 | ||
2003-01-16 | 2002-12-31 | 0.26 | 0.25 | -0.01 | 3 | ||
2002-10-15 | 2002-09-30 | 0.27 | 0.35 | 0.08 | 29 | ||
2002-07-30 | 2002-06-30 | 0.33 | 0.23 | -0.1 | 30 | ||
2002-04-16 | 2002-03-31 | 0.24 | 0.31 | 0.07 | 29 | ||
2002-01-16 | 2001-12-31 | 0.22 | 0.22 | 0.0 | 0 | ||
2001-10-16 | 2001-09-30 | 0.34 | 0.35 | 0.01 | 2 | ||
2001-07-30 | 2001-06-30 | 0.36 | 0.38 | 0.02 | 5 | ||
2001-04-17 | 2001-03-31 | 0.48 | 0.53 | 0.05 | 10 | ||
2001-01-16 | 2000-12-31 | 0.49 | 0.45 | -0.04 | 8 | ||
2000-10-17 | 2000-09-30 | 0.51 | 0.56 | 0.05 | 9 | ||
2000-07-01 | 2000-06-30 | 0.66 | 0.66 | 0.0 | 0 | ||
2000-04-18 | 2000-03-31 | 0.59 | 0.65 | 0.06 | 10 | ||
2000-01-18 | 1999-12-31 | 0.46 | 0.45 | -0.01 | 2 | ||
1999-10-18 | 1999-09-30 | 0.4 | 0.45 | 0.05 | 12 | ||
1999-07-29 | 1999-06-30 | 0.52 | 0.56 | 0.04 | 7 | ||
1999-04-16 | 1999-03-31 | 0.44 | 0.47 | 0.03 | 6 | ||
1999-01-19 | 1998-12-31 | 0.37 | 0.39 | 0.02 | 5 | ||
1998-10-15 | 1998-09-30 | 0.45 | 0.47 | 0.02 | 4 | ||
1998-07-30 | 1998-06-30 | 0.54 | 0.56 | 0.02 | 3 | ||
1998-04-16 | 1998-03-31 | 0.53 | 0.53 | 0.0 | 0 | ||
1998-01-20 | 1997-12-31 | 0.44 | 0.42 | -0.02 | 4 | ||
1997-10-16 | 1997-09-30 | 0.4 | 0.47 | 0.07 | 17 | ||
1997-07-31 | 1997-06-30 | 0.5 | 0.55 | 0.05 | 10 | ||
1997-04-16 | 1997-03-31 | 0.43 | 0.47 | 0.04 | 9 | ||
1997-01-16 | 1996-12-31 | 0.3 | 0.31 | 0.01 | 3 | ||
1996-10-16 | 1996-09-30 | 0.3 | 0.31 | 0.01 | 3 | ||
1996-08-01 | 1996-06-30 | 0.41 | 0.39 | -0.02 | 4 | ||
1996-04-17 | 1996-03-31 | 0.4 | 0.41 | 0.01 | 2 |
Parker Hannifin Corporate Directors
Jillian Evanko | Independent Director | Profile | |
Lance Fritz | Independent Director | Profile | |
Robert Bohn | Independent Director | Profile | |
James Wainscott | Lead Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parker Hannifin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parker Hannifin. If investors know Parker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parker Hannifin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.386 | Dividend Share 6.37 | Earnings Share 24.22 | Revenue Per Share | Quarterly Revenue Growth (0.02) |
The market value of Parker Hannifin is measured differently than its book value, which is the value of Parker that is recorded on the company's balance sheet. Investors also form their own opinion of Parker Hannifin's value that differs from its market value or its book value, called intrinsic value, which is Parker Hannifin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parker Hannifin's market value can be influenced by many factors that don't directly affect Parker Hannifin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parker Hannifin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parker Hannifin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker Hannifin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.