The market expects Parker-Hannifin (PH) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 31, 2024, might help the stock move higher if these key numbe ...

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If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Parker-Hannifin (PH) . This company, which is in the Zacks Manufacturing - General Industrial industry, shows potential for another earnings beat. This maker of motion and control products has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the las ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Parker-Hannifin (PH) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Parker-Hannifin is one of 212 companies in the Industrial Products group. The Industrial Products group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in o ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

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Have you been paying attention to shares of Parker-Hannifin (PH) ? Shares have been on the move with the stock up 5.8% over the past month. The stock hit a new 52-week high of $629.18 in the previous session. Parker-Hannifin has gained 35% since the start of the year compared to the 12.2% move for the Zacks Industrial Products sector and the 10.7% return for the Zacks Manufacturing - General Industrial industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, ...

I wrote a piece on Parker-Hannifin (NYSE: PH ) at the start of the year where I outlined a high conviction idea of mine in the industrial sector, with a growing presence in aerospace. Since then, shares I'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can compound their invested capital over lon ...

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 ...