Parker Hannifin Stock Current Asset
| PH Stock | USD 550.40 10.68 1.98% |
Parker Hannifin fundamentals help investors to digest information that contributes to Parker Hannifin's financial success or failures. It also enables traders to predict the movement of Parker Stock. The fundamental analysis module provides a way to measure Parker Hannifin's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Parker Hannifin stock.
The Parker Hannifin's current Non Current Assets Total is estimated to increase to about 27.9 B. The Parker Hannifin's current Other Current Assets is estimated to increase to about 367.8 M. Parker | Current Asset |
Parker Hannifin Company Current Asset Analysis
Parker Hannifin's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Parker Hannifin Current Asset | 5.21 B |
Most of Parker Hannifin's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parker Hannifin is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Parker Current Asset Historical Pattern
Today, most investors in Parker Hannifin Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Parker Hannifin's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Parker Hannifin current asset as a starting point in their analysis.
Parker Hannifin Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Parker Total Assets
Total Assets |
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In accordance with the recently published financial statements, Parker Hannifin has a Current Asset of 5.21 B. This is 331.27% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The current asset for all United States stocks is 44.23% higher than that of the company.
Parker Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parker Hannifin's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Parker Hannifin could also be used in its relative valuation, which is a method of valuing Parker Hannifin by comparing valuation metrics of similar companies.Parker Hannifin is currently under evaluation in current asset category among related companies.
Parker Hannifin Current Valuation Drivers
We derive many important indicators used in calculating different scores of Parker Hannifin from analyzing Parker Hannifin's financial statements. These drivers represent accounts that assess Parker Hannifin's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Parker Hannifin's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 23.5B | 39.6B | 31.6B | 50.1B | 45.1B | 47.3B | |
| Enterprise Value | 31.3B | 45.5B | 42.6B | 62.2B | 55.9B | 58.7B |
Parker Hannifin ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Parker Hannifin's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Parker Hannifin's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Parker Fundamentals
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.0841 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 80.71 B | ||||
| Shares Outstanding | 128.41 M | ||||
| Shares Owned By Insiders | 0.46 % | ||||
| Shares Owned By Institutions | 84.09 % | ||||
| Number Of Shares Shorted | 1.02 M | ||||
| Price To Earning | 24.97 X | ||||
| Price To Book | 6.25 X | ||||
| Price To Sales | 3.56 X | ||||
| Revenue | 19.07 B | ||||
| Gross Profit | 6.57 B | ||||
| EBITDA | 4.07 B | ||||
| Net Income | 2.08 B | ||||
| Cash And Equivalents | 475.18 M | ||||
| Cash Per Share | 4.39 X | ||||
| Total Debt | 12.56 B | ||||
| Debt To Equity | 1.31 % | ||||
| Current Ratio | 2.06 X | ||||
| Book Value Per Share | 88.02 X | ||||
| Cash Flow From Operations | 2.98 B | ||||
| Short Ratio | 1.85 X | ||||
| Earnings Per Share | 20.24 X | ||||
| Price To Earnings To Growth | 2.26 X | ||||
| Target Price | 587.13 | ||||
| Number Of Employees | 62.73 K | ||||
| Beta | 1.52 | ||||
| Market Capitalization | 69.31 B | ||||
| Total Asset | 29.96 B | ||||
| Retained Earnings | 17.04 B | ||||
| Working Capital | (901.14 M) | ||||
| Current Asset | 5.21 B | ||||
| Current Liabilities | 2.37 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.61 % | ||||
| Net Asset | 29.96 B | ||||
| Last Dividend Paid | 5.77 |
About Parker Hannifin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parker Hannifin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parker Hannifin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parker Hannifin based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Parker Hannifin Investors Sentiment
The influence of Parker Hannifin's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Parker. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Parker Hannifin's public news can be used to forecast risks associated with an investment in Parker. The trend in average sentiment can be used to explain how an investor holding Parker can time the market purely based on public headlines and social activities around Parker Hannifin. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Parker Hannifin's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Parker Hannifin's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Parker Hannifin's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Parker Hannifin.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Parker Hannifin in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Parker Hannifin's short interest history, or implied volatility extrapolated from Parker Hannifin options trading.
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Check out Parker Hannifin Piotroski F Score and Parker Hannifin Altman Z Score analysis. For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.Note that the Parker Hannifin information on this page should be used as a complementary analysis to other Parker Hannifin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Parker Stock analysis
When running Parker Hannifin's price analysis, check to measure Parker Hannifin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parker Hannifin is operating at the current time. Most of Parker Hannifin's value examination focuses on studying past and present price action to predict the probability of Parker Hannifin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parker Hannifin's price. Additionally, you may evaluate how the addition of Parker Hannifin to your portfolios can decrease your overall portfolio volatility.
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Is Parker Hannifin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parker Hannifin. If investors know Parker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parker Hannifin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.72 | Dividend Share 5.77 | Earnings Share 20.24 | Revenue Per Share 154.399 | Quarterly Revenue Growth 0.031 |
The market value of Parker Hannifin is measured differently than its book value, which is the value of Parker that is recorded on the company's balance sheet. Investors also form their own opinion of Parker Hannifin's value that differs from its market value or its book value, called intrinsic value, which is Parker Hannifin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parker Hannifin's market value can be influenced by many factors that don't directly affect Parker Hannifin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parker Hannifin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parker Hannifin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker Hannifin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.