Parker-Hannifin Corp. (NYSE: PH) recently received a number of ratings updates from brokerages and research firms:
Shares of Parker-Hannifin Corp. (NYSE:PH) opened at 138.29 on Friday. The stock has a 50 day moving average price of $127.51 and a 200-day moving average price of $119.38. Parker-Hannifin Corp. has a 52-week low of $83.32 and a 52-week high of $140.07. The firm has a market cap of $18.45 billion, a PE ratio of 22.93 and a beta of 1.23.
Parker-Hannifin Corp. (NYSE:PH) last announced its earnings results on Friday, October 21st. The company reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.05. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.78 billion. Parker-Hannifin Corp. had a return on equity of 18.74% and a net margin of 7.32%. The firm’s quarterly revenue was down 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.52 earnings per share. On average, equities analysts anticipate that Parker-Hannifin Corp. will post $6.82 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 2nd. Shareholders of record on Thursday, November 10th will be given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date is Tuesday, November 8th. Parker-Hannifin Corp.’s payout ratio is 41.86%.