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NYSE: PH
Parker Hannifin Corp Stock Forecast, Predictions & Price Target

Analyst price target for PH

Based on 12 analysts offering 12 month price targets for Parker Hannifin Corp.
Min Forecast
$282.00-19.2%
Avg Forecast
$345.83-0.9%
Max Forecast
$446.00+27.8%

Should I buy or sell PH stock?

Based on 12 analysts offering ratings for Parker Hannifin Corp.
Strong Buy
Strong Buy
7 analysts 58.33%
Buy
1 analysts 8.33%
Hold
4 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 2%
99
Strong BuyMaintains$400.00+14.62%2023-02-06
Credit Suisse
Bottom 12%
12
BuyMaintains$446.00+27.80%2023-02-03
Morgan Stanley
Top 5%
96
HoldMaintains$374.00+7.17%2023-02-03
KeyBanc
Top 18%
83
Strong BuyMaintains$390.00+11.75%2023-02-03
Stifel Nicolaus
Top 4%
97
Strong BuyMaintains$336.00-3.72%2023-01-20
Wells Fargo
Top 23%
78
Strong BuyMaintains$341.00-2.29%2023-01-19
Mizuho
Top 18%
83
HoldMaintains$310.00-11.17%2023-01-13
Citigroup
Top 5%
96
HoldReinstates$285.00-18.34%2022-10-14
Deutsche Bank
Top 9%
92
HoldMaintains$282.00-19.20%2022-09-29
KeyBanc
Top 5%
96
Strong BuyMaintains$335.00-4.01%2022-07-12

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Forecast return on equity

Is PH forecast to generate an efficient return?
Company
28.87%
Industry
4.2%
Market
13.26%
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
8.44%
Industry
1.22%
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 5 analysts?
Avg 1 year Forecast
$18.53+89.86%
Avg 2 year Forecast
$18.17+86.17%
Avg 3 year Forecast
$19.65+101.33%
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
$16.1B-1.3%
Avg 2 year Forecast
$15.8B-2.96%
Avg 3 year Forecast
$16.7B+2.19%
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
25.29%
Industry
9.29%
Market
21.89%
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
0.18%
Industry
4.01%
Market
9.2%
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$348.99$345.83-0.90%Strong Buy
ROP$430.08$506.20+17.70%Buy
TT$185.02$178.00-3.79%Hold
EMR$90.43$100.36+10.99%Buy
CMI$250.90$243.33-3.02%Buy

Parker Hannifin Stock Forecast FAQ

Is Parker Hannifin Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: PH) stock is to Strong Buy PH stock.

Out of 12 analysts, 7 (58.33%) are recommending PH as a Strong Buy, 1 (8.33%) are recommending PH as a Buy, 4 (33.33%) are recommending PH as a Hold, 0 (0%) are recommending PH as a Sell, and 0 (0%) are recommending PH as a Strong Sell.

If you're new to stock investing, here's how to buy Parker Hannifin stock.

What is PH's earnings growth forecast for 2023-2025?

(NYSE: PH) Parker Hannifin's forecast annual earnings growth rate of 25.29% is forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 9.29%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 21.89%.

Parker Hannifin's earnings in 2023 is $1,252,302,000.On average, 5 Wall Street analysts forecast PH's earnings for 2023 to be $2,379,358,195, with the lowest PH earnings forecast at $2,325,427,788, and the highest PH earnings forecast at $2,420,448,029. On average, 3 Wall Street analysts forecast PH's earnings for 2024 to be $2,333,132,132, with the lowest PH earnings forecast at $2,114,842,390, and the highest PH earnings forecast at $2,503,911,755.

In 2025, PH is forecast to generate $2,523,172,614 in earnings, with the lowest earnings forecast at $2,317,723,445 and the highest earnings forecast at $2,728,621,784.

What is PH's revenue growth forecast for 2023-2025?

(NYSE: PH) Parker Hannifin's forecast annual revenue growth rate of 0.18% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 4.01%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Parker Hannifin's revenue in 2023 is $16,331,574,000.On average, 4 Wall Street analysts forecast PH's revenue for 2023 to be $2,069,883,947,786, with the lowest PH revenue forecast at $2,053,463,166,095, and the highest PH revenue forecast at $2,089,109,881,078. On average, 3 Wall Street analysts forecast PH's revenue for 2024 to be $2,034,945,775,627, with the lowest PH revenue forecast at $1,933,841,671,152, and the highest PH revenue forecast at $2,116,768,475,535.

In 2025, PH is forecast to generate $2,142,924,722,940 in revenue, with the lowest revenue forecast at $2,054,799,869,754 and the highest revenue forecast at $2,231,049,576,125.

What is PH's forecast return on assets (ROA) for 2023-2026?

(NYSE: PH) forecast ROA is 8.44%, which is higher than the forecast US Specialty Industrial Machinery industry average of 1.22%.

What is PH's Price Target?

According to 12 Wall Street analysts that have issued a 1 year PH price target, the average PH price target is $345.83, with the highest PH stock price forecast at $446.00 and the lowest PH stock price forecast at $282.00.

On average, Wall Street analysts predict that Parker Hannifin's share price could fall to $345.83 by Feb 6, 2024. The average Parker Hannifin stock price prediction forecasts a potential downside of 0.9% from the current PH share price of $348.99.

What is PH's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: PH) Parker Hannifin's current Earnings Per Share (EPS) is $9.76. On average, analysts forecast that PH's EPS will be $18.53 for 2023, with the lowest EPS forecast at $18.11, and the highest EPS forecast at $18.85. On average, analysts forecast that PH's EPS will be $18.17 for 2024, with the lowest EPS forecast at $16.47, and the highest EPS forecast at $19.50. In 2025, PH's EPS is forecast to hit $19.65 (min: $18.05, max: $21.25).

What is PH's forecast return on equity (ROE) for 2023-2026?

(NYSE: PH) forecast ROE is 28.87%, which is considered strong.
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