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NYSE: PH
PARKER HANNIFIN CORP Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PH

Based on 9 analysts offering 12 month price targets for PARKER HANNIFIN CORP.
Min Forecast
$290.00+10.4%
Avg Forecast
$349.11+32.9%
Max Forecast
$385.00+46.56%

Should I buy or sell PH stock?

Based on 9 analysts offering ratings for PARKER HANNIFIN CORP.
Strong Buy
Strong Buy
5 analysts 55.56%
Buy
2 analysts 22.22%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

PH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Credit Suisse
Bottom 2%
2
BuyMaintains$382.00+45.42%2022-05-06
Mizuho
Bottom 15%
15
HoldMaintains$290.00+10.40%2022-05-06
Stifel Nicolaus
Top 19%
82
Strong BuyMaintains$338.00+28.67%2022-04-18
Deutsche Bank
Bottom 27%
27
HoldMaintains$335.00+27.53%2022-04-14
Barclays
Top 19%
82
Strong BuyMaintains$350.00+33.24%2022-04-04
Jefferies
Top 40%
61
Strong BuyMaintains$350.00+33.24%2022-03-04
KeyBanc
Top 34%
67
Strong BuyMaintains$385.00+46.56%2021-11-05
Wells Fargo
Bottom 25%
25
Strong BuyInitiates Coverage On$337.00+28.29%2021-10-08
BMO Capital
Bottom 31%
31
BuyMaintains$375.00+42.75%2021-08-26

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Forecast return on equity

Is PH forecast to generate an efficient return?
Company
31.51%
Industry
32.22%
Market
32.71%
PH's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PH forecast to generate an efficient return on assets?
Company
12.52%
Industry
11.8%
PH is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PH earnings per share forecast

What is PH's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$18.23+38.63%
Avg 2 year Forecast
$19.57+48.82%
Avg 3 year Forecast
$20.81+58.25%
PH's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PH revenue forecast

What is PH's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$15.8B+0.85%
Avg 2 year Forecast
$16.7B+6.52%
Avg 3 year Forecast
$17.4B+11.31%
PH's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PH earnings growth forecast

How is PH forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
16.59%
Industry
11.8%
Market
15.78%
PH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PH revenue growth forecast

How is PH forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
3.69%
Industry
7.26%
Market
9.29%
PH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PH vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
PH$262.69$349.11+32.90%Strong Buy
OTIS$72.59$80.80+11.31%Hold
TT$130.86$180.10+37.63%Hold
CMI$201.88$247.00+22.35%Hold
AME$116.71$153.67+31.67%Strong Buy
View Top Specialty Industrial Machinery Stocks

PARKER HANNIFIN Stock Forecast FAQ

Is PARKER HANNIFIN Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: PH) stock is to Strong Buy PH stock.

Out of 9 analysts, 5 (55.56%) are recommending PH as a Strong Buy, 2 (22.22%) are recommending PH as a Buy, 2 (22.22%) are recommending PH as a Hold, 0 (0%) are recommending PH as a Sell, and 0 (0%) are recommending PH as a Strong Sell.

What is PH's earnings growth forecast for 2022-2024?

(NYSE: PH) PARKER HANNIFIN's forecast annual earnings growth rate of 16.59% is forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 11.8%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 15.78%.

PARKER HANNIFIN's earnings in 2022 is $1,692,512,000.On average, 6 Wall Street analysts forecast PH's earnings for 2022 to be $2,340,221,706, with the lowest PH earnings forecast at $2,335,086,826, and the highest PH earnings forecast at $2,349,207,746. On average, 6 Wall Street analysts forecast PH's earnings for 2023 to be $2,512,240,197, with the lowest PH earnings forecast at $2,404,407,710, and the highest PH earnings forecast at $2,567,440,160.

In 2024, PH is forecast to generate $2,671,421,486 in earnings, with the lowest earnings forecast at $2,595,682,002 and the highest earnings forecast at $2,715,067,969.

What is PH's revenue growth forecast for 2022-2024?

(NYSE: PH) PARKER HANNIFIN's forecast annual revenue growth rate of 3.69% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 7.26%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.29%.

PARKER HANNIFIN's revenue in 2022 is $15,632,645,000.On average, 4 Wall Street analysts forecast PH's revenue for 2022 to be $2,023,866,222,345, with the lowest PH revenue forecast at $2,017,699,872,941, and the highest PH revenue forecast at $2,033,648,811,215. On average, 4 Wall Street analysts forecast PH's revenue for 2023 to be $2,137,675,067,898, with the lowest PH revenue forecast at $2,134,128,149,316, and the highest PH revenue forecast at $2,141,001,186,625.

In 2024, PH is forecast to generate $2,233,699,383,834 in revenue, with the lowest revenue forecast at $2,222,956,443,972 and the highest revenue forecast at $2,241,901,584,913.

What is PH's forecast return on assets (ROA) for 2022-2025?

(NYSE: PH) forecast ROA is 12.52%, which is higher than the forecast US Specialty Industrial Machinery industry average of 11.8%.

What is PH's Price Target?

According to 9 Wall Street analysts that have issued a 1 year PH price target, the average PH price target is $349.11, with the highest PH stock price forecast at $385.00 and the lowest PH stock price forecast at $290.00.

On average, Wall Street analysts predict that PARKER HANNIFIN's share price could reach $349.11 by May 6, 2023. The average PARKER HANNIFIN stock price prediction forecasts a potential upside of 32.9% from the current PH share price of $262.69.

What is PH's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: PH) PARKER HANNIFIN's current Earnings Per Share (EPS) is $13.15. On average, analysts forecast that PH's EPS will be $18.23 for 2022, with the lowest EPS forecast at $18.19, and the highest EPS forecast at $18.30. On average, analysts forecast that PH's EPS will be $19.57 for 2023, with the lowest EPS forecast at $18.73, and the highest EPS forecast at $20.00. In 2024, PH's EPS is forecast to hit $20.81 (min: $20.22, max: $21.15).

What is PH's forecast return on equity (ROE) for 2022-2025?

(NYSE: PH) forecast ROE is 31.51%, which is considered strong.
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