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

Parker-Hannifin (NYSE:PH) updated its FY 2025 earnings guidance on Thursday. 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 Price Performance

NYSE:PH traded up $1.73 on Friday, reaching $569.81. 920,574 shares of the company’s stock traded hands, compared to its average volume of 735,999. The company has a quick ratio of 0.50, a current ratio of 0.87 and a debt-to-equity ratio of 0.63. The firm has a market cap of $73.24 billion, a PE ratio of 26.85, a P/E/G ratio of 1.98 and a beta of 1.44. Parker-Hannifin has a 12 month low of $362.49 and a 12 month high of $576.54. The stock has a 50-day simple moving average of $525.78 and a 200-day simple moving average of $531.56.

Parker-Hannifin (NYSE:PH) last released its quarterly earnings data on Thursday, August 8th. The industrial products company reported $6.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.22 by $0.55. Parker-Hannifin had a net margin of 13.95% and a return on equity of 29.40%. The company had revenue of $5.19 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same period in the previous year, the company earned $6.08 EPS. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. Equities research analysts forecast that Parker-Hannifin will post 24.85 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on PH shares. Argus increased their price objective on shares of Parker-Hannifin from $550.00 to $590.00 and gave the company a buy rating in a research report on Monday, May 6th. Raymond James began coverage on Parker-Hannifin in a report on Friday, June 28th. They issued an outperform rating and a $610.00 price objective on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on Parker-Hannifin from $595.00 to $645.00 and gave the stock a buy rating in a report on Friday. Bank of America increased their price target on shares of Parker-Hannifin from $600.00 to $650.00 and gave the stock a buy rating in a report on Friday, May 17th. Finally, Truist Financial reaffirmed a buy rating and issued a $673.00 price objective (up from $621.00) on shares of Parker-Hannifin in a report on Friday. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, Parker-Hannifin presently has a consensus rating of Moderate Buy and an average target price of $615.43.

About Parker-Hannifin

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.