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Why NYSE:PH Stands Out as a Quality Stock.

By Mill Chart

Last update: Oct 9, 2023

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if PARKER HANNIFIN CORP (NYSE:PH) is suited for quality investing. Investors should of course do their own research, but we spotted PARKER HANNIFIN CORP showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Some of the quality metrics of NYSE:PH highlighted

  • The 5-year revenue growth of PARKER HANNIFIN CORP has been remarkable, with 5.92% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
  • PARKER HANNIFIN CORP exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 98.58% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
  • The Debt/Free Cash Flow Ratio of PARKER HANNIFIN CORP stands at 4.83, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
  • PARKER HANNIFIN CORP demonstrates consistent Profit Quality over the past 5 years, with a strong 136.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
  • PARKER HANNIFIN CORP has experienced impressive EBIT growth over the past 5 years, with 9.48% increase. This reflects the company's effective operational performance and highlights its potential for long-term financial success.
  • PARKER HANNIFIN CORP has achieved superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

How does the complete fundamental picture look for NYSE:PH?

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

PH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. While PH belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PH has a decent growth rate and is not valued too expensively.

Our latest full fundamental report of PH contains the most current fundamental analsysis.

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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PARKER HANNIFIN CORP

NYSE:PH (2/22/2024, 12:19:02 PM)

532.245

+8.53 (+1.63%)

PH News

News Image6 days ago - ChartmillIs PARKER HANNIFIN CORP (NYSE:PH) suited for quality investing?

This article explores why quality investors may have a look at PARKER HANNIFIN CORP (NYSE:PH)

News Image7 days ago - Parker-Hannifin CorporationParker Scheduled to Present at Barclays 41st Annual Industrial Select Conference on February 21 at 10:20 a.m. Eastern Time
News Image7 days ago - Parker-Hannifin CorporationParker Scheduled to Present at Barclays 41st Annual Industrial Select Conference on February 21 at 10:20 a.m. Eastern Time

CLEVELAND, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today...

News Image9 days ago - Parker-Hannifin CorporationParker Scheduled to Present at Citi’s 2024 Global Industrial Tech and Mobility Conference on February 20 at 11:20 a.m. Eastern Time
News Image9 days ago - Parker-Hannifin CorporationParker Scheduled to Present at Citi’s 2024 Global Industrial Tech and Mobility Conference on February 20 at 11:20 a.m. Eastern Time

CLEVELAND, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today...

News Image21 days ago - Seeking AlphaParker-Hannifin Non-GAAP EPS of $6.15 beats by $0.89, revenue of $4.8B misses by $20M

Parker-Hannifin beats earnings estimates with Q2 non-GAAP EPS of $6.15 and reports a revenue miss of $20M. Shares rise 2.1%.

News Image21 days ago - Parker-Hannifin CorporationParker Reports Fiscal 2024 Second Quarter Results
News Image21 days ago - Parker-Hannifin CorporationParker Reports Fiscal 2024 Second Quarter Results

Sales increased 3% to $4.8 billion; organic sales increased 3%Segment operating margin was 21.1%, or a record 24.5% adjusted, an increase of 300 basis...

News Imagea month ago - Parker-Hannifin CorporationParker Declares Quarterly Cash Dividend
News Imagea month ago - Parker-Hannifin CorporationParker Declares Quarterly Cash Dividend

CLEVELAND, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today...

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News Imagea month ago - Parker-Hannifin CorporationParker to Announce Fiscal 2024 Second Quarter Earnings on February 1; Conference Call and Webcast Scheduled for 11 a.m. Eastern
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