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Parker-Hannifin (PH) Stock Forecast & Price Target

Parker-Hannifin logo
$704.04 +38.23 (+5.74%)
Closing price 01/30/2025 03:59 PM Eastern
Extended Trading
$709.37 +5.33 (+0.76%)
As of 04:01 AM Eastern
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Parker-Hannifin - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
14

Based on 16 Wall Street analysts who have issued ratings for Parker-Hannifin in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 2 have given a hold rating, and 14 have given a buy rating for PH.

Consensus Price Target

$722.81
2.67% Upside
According to the 16 analysts' twelve-month price targets for Parker-Hannifin, the average price target is $722.81. The highest price target for PH is $842.00, while the lowest price target for PH is $575.00. The average price target represents a forecasted upside of 2.67% from the current price of $704.04.
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PH Analyst Ratings Over Time

TypeCurrent Forecast
2/1/24 to 1/31/25
1 Month Ago
1/2/24 to 1/1/25
3 Months Ago
11/3/23 to 11/2/24
1 Year Ago
2/1/23 to 2/1/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
14 Buy rating(s)
15 Buy rating(s)
13 Buy rating(s)
10 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$722.81$712.82$664.57$465.07
Forecasted Upside2.67% Upside12.07% Upside4.65% Upside-7.11% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

PH Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Parker-Hannifin Stock vs. The Competition

TypeParker-HannifinIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.88
2.59
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside2.67% Upside47.38% Upside11.40% Upside
News Sentiment Rating
Positive News

See Recent PH News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/24/2025Stifel Nicolaus
4 of 5 stars
Nathan Jones
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Lower TargetHold ➝ Hold$691.00 ➝ $689.00+1.63%
1/7/2025Wells Fargo & Company
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$770.00 ➝ $710.00+12.07%
12/19/2024Truist Financial
2 of 5 stars
 Boost TargetBuy ➝ Buy$788.00 ➝ $842.00+31.05%
12/12/2024Wolfe Research
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N. Coe
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UpgradePeer Perform ➝ Outperform$786.00+14.56%
12/6/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$765.00 ➝ $810.00+16.58%
12/5/2024Barclays
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 Boost TargetOverweight ➝ Overweight$703.00 ➝ $800.00+15.09%
11/21/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$725.00 ➝ $775.00+12.25%
11/13/2024UBS Group
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A. Mehrotra
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Initiated CoverageBuy$842.00+20.43%
11/12/2024TD Cowen
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 Boost TargetHold ➝ Hold$520.00 ➝ $575.00-17.90%
11/5/2024Argus
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 Boost TargetBuy ➝ Buy$650.00 ➝ $710.00+9.24%
11/1/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$695.00 ➝ $710.00+11.91%
10/17/2024Mizuho
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B. Linzey
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Boost TargetOutperform ➝ Outperform$665.00 ➝ $715.00+12.16%
9/4/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$610.00 ➝ $650.00+12.97%
8/19/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$620.00 ➝ $656.00+12.53%
8/9/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$595.00 ➝ $645.00+13.42%
5/17/2024Bank of America
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 Boost TargetBuy ➝ Buy$600.00 ➝ $650.00+20.46%
1/2/2024The Goldman Sachs Group
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 Reiterated RatingBuy ➝ Buy$551.00+20.10%
8/7/2023Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$408.00 ➝ $448.00+5.42%
7/18/2023Citigroup
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 Boost TargetNeutral$370.00 ➝ $425.00+4.27%
5/9/2023BMO Capital Markets
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 Boost Target$390.00 ➝ $405.00+19.91%
2/3/2023Credit Suisse Group
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 Boost TargetOutperform$417.00 ➝ $446.00+32.13%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 04:04 AM ET.


Should I Buy Parker-Hannifin Stock? PH Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, January 22, 2025. Please send any questions or comments about these Parker-Hannifin pros and cons to contact@marketbeat.com.

Parker-Hannifin
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Parker-Hannifin Co.:

  • The company reported earnings per share of $6.20 for the last quarter, exceeding expectations, which indicates strong financial performance and effective management.
  • Parker-Hannifin Co. has a market capitalization of $87.45 billion, suggesting it is a well-established player in the industrial sector, which can provide stability to investors.
  • With a current stock price around $669.77, which is near its 50-day moving average, it may indicate a favorable entry point for potential investors.
  • The company has a return on equity of 27.95%, reflecting efficient use of shareholders' equity to generate profits, which is attractive for investors looking for strong returns.
  • Analysts have a consensus rating of "Moderate Buy" with a price target of $722.94, suggesting potential for price appreciation in the near term.

Parker-Hannifin
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Parker-Hannifin Co. for these reasons:

  • The company has a current ratio of 0.96, which is below 1, indicating potential liquidity issues that could affect its ability to meet short-term obligations.
  • Insider selling of 18,077 shares worth over $12 million may raise concerns about the confidence of executives in the company's future performance.
  • The debt-to-equity ratio of 0.52 suggests that the company is using a moderate amount of debt to finance its operations, which could be a risk if market conditions change.
  • Despite a slight revenue increase of 1.2% compared to the same quarter last year, the growth rate may not be sufficient to attract aggressive investors.
  • The PEG ratio of 2.74 indicates that the stock may be overvalued relative to its earnings growth rate, which could deter value-focused investors.

PH Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Parker-Hannifin is $722.81, with a high forecast of $842.00 and a low forecast of $575.00.

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Parker-Hannifin in the last twelve months. There are currently 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PH shares.

According to analysts, Parker-Hannifin's stock has a predicted upside of 2.67% based on their 12-month stock forecasts.

Over the previous 90 days, Parker-Hannifin's stock had 1 upgrade and 1 downgrade by analysts.

Parker-Hannifin has been rated by research analysts at Argus, Barclays, Jefferies Financial Group, KeyCorp, Stifel Nicolaus, TD Cowen, Truist Financial, UBS Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.

Analysts like Parker-Hannifin more than other "industrial products" companies. The consensus rating score for Parker-Hannifin is 2.88 while the average consensus rating score for "industrial products" companies is 2.59. Learn more on how PH compares to other companies.


This page (NYSE:PH) was last updated on 1/31/2025 by MarketBeat.com Staff
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