Shares of Parker-Hannifin have moved 0.5% today, and are now trading at a price of $321.27. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 28,023 compared to the stock's average volume of 997,980.
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. Based in Cleveland, United States the company has 55,090 full time employees and a market cap of $41,848,950,784. Parker-Hannifin currently offers its equity investors a dividend that yields 1.6% per year.
The company is now trading -14.77% away from its average analyst target price of $376.95 per share. The 20 analysts following the stock have set target prices ranging from $300.0 to $446.0, and on average give Parker-Hannifin a rating of buy.
Over the last year, PH shares have gone up 17.8%, which represents a difference of 23.0% when compared to the S&P 500. The stock's 52 week high is $364.57 per share whereas its 52 week low is $230.44. Based on Parker-Hannifin's average gross margins growth of 2.8% over the last four years, its core business remains strong and the stock price may maintain this level of performance.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-06-30 | 15,861,608 | 11,387,267 | 28.21 | 3.83 |
| 2021-06-30 | 14,347,640 | 10,449,680 | 27.17 | 9.16 |
| 2020-06-30 | 13,695,520 | 10,286,518 | 24.89 | -1.46 |
| 2019-06-30 | 14,320,324 | 10,703,484 | 25.26 | n/a |
