Parker-Hannifin Corp (NYSE:PH) shares, rose in value on Friday, March 28, with the stock price down by -3.96% to the previous day’s close as strong demand from buyers drove the stock to $601.43.
Actively observing the price movement in the last trading, the stock closed the session at $626.26, falling within a range of $597.29 and $624.88. The value of beta (5-year monthly) was 1.495 whereas the PE ratio was 24.88 over 12-month period. Referring to stock’s 52-week performance, its high was $718.44, and the low was $492.71. On the whole, PH has fluctuated by -8.18% over the past month.
With the market capitalization of Parker-Hannifin Corp currently standing at about $77.44 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-29. The company’s Forward Dividend Ratio is 6.52, with its dividend yield at 1.08%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 19.88B, with a low estimate of 4.93B and a high estimate of 5.05B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.98B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PH’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.12, with the price of PH currently trading nearly -3.66% and -8.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.90, while the 7-day volatility ratio is showing 2.78% which for the 30-day chart, stands at 3.13%. Furthermore, Parker-Hannifin Corp (PH)’s beta value is 1.38, and its average true range (ATR) is 19.45.
A comparison of Parker-Hannifin Corp (PH) with its peers suggests the former has fared considerably weaker in the market. PH showed an intraday change of -3.96% in last session, and over the past year, it grew by 9.52%%.
Data on historical trading for Parker-Hannifin Corp (NYSE:PH) indicates that the trading volumes over the past 10 days have averaged 0.81 and over the past 3 months, they’ve averaged 767.01K. According to company’s latest data on outstanding shares, there are 128.76 million shares outstanding.
Nearly 0.23% of Parker-Hannifin Corp’s shares belong to company insiders and institutional investors own 87.87% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.29 million shares as on 2025-03-14, resulting in a short ratio of 1.32. According to the data, the short interest in Parker-Hannifin Corp (PH) stood at 101.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.13 million. The stock has fallen by -5.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PH stock heading into the next quarter.
