Parker Hannifin Stock Shares Outstanding

PH Stock  USD 538.09  2.48  0.46%   
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 Common Stock Shares Outstanding is estimated to increase to about 126.9 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Parker Hannifin Company Shares Outstanding Analysis

Parker Hannifin's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Parker Hannifin Shares Outstanding

    
  128.41 M  
Most of Parker Hannifin's fundamental indicators, such as Shares Outstanding, 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 Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Parker Hannifin is extremely important. It helps to project a fair market value of Parker Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Parker Hannifin's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Parker Hannifin's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Parker Hannifin's interrelated accounts and indicators.
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Parker Shares Outstanding 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 shares outstanding 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 shares outstanding as a starting point in their analysis.
   Parker Hannifin Shares Outstanding   
       Timeline  
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Parker Common Stock Shares Outstanding

Common Stock Shares Outstanding

126.87 Million

As of now, Parker Hannifin's Common Stock Shares Outstanding is decreasing as compared to previous years.
Based on the latest financial disclosure, Parker Hannifin has 128.41 M of shares currently outstending. This is 11.89% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The shares outstanding for all United States stocks is 77.54% higher than that of the company.

Parker Shares Outstanding 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 Shares Outstanding 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 shares outstanding 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.
201920202021202220232024 (projected)
Market Cap23.5B39.6B31.6B50.1B45.1B47.3B
Enterprise Value31.3B45.5B42.6B62.2B55.9B58.7B

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

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.

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When determining whether Parker Hannifin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Parker Hannifin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Parker Hannifin Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Parker Hannifin Stock:
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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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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.