Parker-Hannifin Corporation (PH) stands to benefit from strength across its businesses, strategic acquisitions and focus on operational excellence. The company remains focused on investing in growth opportunities and solidifying its long-term market position. PH, which has a market capitalization of $80.3 billion, currently carries a Zacks Rank #2 (Buy). Let's delve into the factors that have been aiding the firm for a while now. End-Market Strength: Parker-Hannifin's Aerospace Systems segment has been bene ...

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Parker-Hannifin (PH) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question. Parker-Hannifin is a member of our Industrial Products group, which includes 219 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the task of finding cutting-edge growth stocks is made easy w ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Styl ...

Peter Lynch's "One Up On Wall Street" remains one of the best investing books ever written for beginners. Among other teachings, one of the greatest lessons for investors is that one does not have to look for flashy things when it comes to finding the right investments. In today's artificial intelligence era, it is easy to get lost among high-flying tech names while searching for alpha opportunities. However, there are boring businesses that print money and still trade at attractive valuation multiples. Par ...

Core Viewpoint - Zacks Premium offers various tools and resources to help investors make informed decisions and maximize their stock market investments [1][2]. Group 1: Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, providing complementary indicators to the Zacks Rank [2][3]. - Each stock receives a rating from A to F, with A indicating the highest potential for outperforming the market [3]. - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5]. Group 2: Value Score - The Value Score focuses on identifying undervalued stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [3]. Group 3: Growth Score - The Growth Score assesses a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [4]. Group 4: Momentum Score - The Momentum Score helps investors capitalize on price trends by evaluating short-term price changes and earnings estimate revisions [4]. Group 5: VGM Score - The VGM Score combines the three Style Scores to identify stocks with attractive value, strong growth forecasts, and promising momentum [5]. Group 6: Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios [6]. - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41%, significantly outperforming the S&P 500 [7]. Group 7: Stock Selection Strategy - To optimize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [8]. - Stocks with lower ranks but high Style Scores may still carry risks due to downward-trending earnings outlooks [9]. Group 8: Company Profile - Parker-Hannifin - Parker-Hannifin Corporation is a global manufacturer specializing in motion and control technologies, with a diverse market presence [10]. - The company generates 66.5% of its 2023 net sales from North America, followed by Europe (19.9%), Asia Pacific (12.5%), and Latin America (1.1%) [10]. Group 9: Parker-Hannifin's Investment Potential - Parker-Hannifin holds a 3 (Hold) Zacks Rank and a VGM Score of B, indicating potential for growth [11]. - The company is projected to achieve year-over-year earnings growth of 4.4% for the current fiscal year, with upward revisions in earnings estimates [11]. - With a solid Zacks Rank and favorable Growth and VGM Style Scores, Parker-Hannifin is recommended for investors' consideration [12].

Devrimb/iStock via Getty Images Introduction In prior articles, I have written we're in a highly challenging market environment. One major reason is mixed economic numbers. On the one hand, we're dealing with increasing unemployment, poor consumer sentiment, and declining manufacturing sentiment. On the other hand, secular growth like aggressive investments in economic re-shoring, the artificial intelligence boom, and the outlook of lower interest rates are reasons to be optimistic. With that said, one impo ...

Parker-Hannifin Corporation (PH) has been benefiting from steady demand across its end markets. Handsome rewards to shareholders add to its appeal. PH currently carries a Zacks Rank #3 (Hold). Shares of the company have gained 47.3% in the past year compared with the industry's 22.5% growth. Image Source: Zacks Investment Research Let us discuss the factors that should influence investors to retain the stock for the time being. Growth Catalysts Business Strength: Steady demand across end markets and higher ...

CLEVELAND, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of August 28, 2024. The dividend is payable September 13, 2024. This is the company's 297th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 68 consecutive fi ...

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies and confidence in investing [1] - The Zacks Style Scores are designed to help investors identify stocks with the highest potential to outperform the market within a 30-day timeframe [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four main types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4] - Value Score emphasizes finding undervalued stocks using financial ratios like P/E and Price/Sales [3] - Growth Score assesses a company's financial health and future growth potential based on earnings and sales projections [3] - Momentum Score identifies stocks with favorable price trends and earnings outlooks [4] - VGM Score combines all three styles to provide a comprehensive rating for stocks [4] Zacks Rank and Performance - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in stock selection [5] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41%, significantly outperforming the S&P 500 [6] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [7] Stock Example: Parker-Hannifin Corporation - Parker-Hannifin Corporation is a diversified manufacturer specializing in motion and control technologies, currently rated 3 (Hold) with a VGM Score of B [9] - The company is projected to experience a year-over-year earnings growth of 4.1% for the current fiscal year, supported by upward revisions in earnings estimates [10] - The Zacks Consensus Estimate for Parker-Hannifin's earnings has increased by $0.07 to $26.48 per share, with an average earnings surprise of 11.2% [10]