After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Parker Scheduled to Present at the Evercore ISI Industrial Conference on March 5 at 11:20 a.m. Eastern Time.
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Stocks Info
The company is listed on the NYSE and operates within the Specialty Industrial Machinery industry segment. At the end of the last regular session, the stock closed at $539.48 and fluctuated between $539.72 as its day high and $533.03 as its day low. The current market capitalization of Parker-Hannifin Corp. is $69.27B. A total of 0.56 million shares were traded on the day, compared to an average of 620.84K shares.
In the most recent transaction, Parmentier Jennifer A sold 3,307 shares of PH for 516.69 per share on Feb 07 ’24. After the transaction, the Chief Executive Officer now owns 24,031 company shares. In a previous transaction on Feb 07 ’24, Scott Patrick sold 787 shares at 514.30 per share. PH shares that VP & Pres.-Fluid Conn. owns now total 3,220.
Among the insiders who sold shares, Hart Mark J disposed of 5,197 shares on Feb 02 ’24 at a per-share price of $502.94. This resulted in the EVP-HR & External Affairs holding 7,063 shares of PH after the transaction. In another insider transaction, Ross Andrew D sold 3,904 shares at $510.16 per share on Feb 02 ’24. Company shares held by the Chief Operating Officer now total 13,120.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Parker-Hannifin Corp. pays an annual dividend of $5.92, resulting in a dividend yield of 1.10%, and it has a price to earnings (P/E) ratio of 26.70. PH’s most recent ex-dividend date was 2/8/2024 when it declared a $1.48 quarterly dividend that was paid in cash on 3/1/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/10/2023. The PH stock dividend was $1.48 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, PH has a high of $543.92 and a low of $300.86.
As of this writing, PH has an earnings estimate of $6.1 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $6.22 per share and a lower estimate of $6. The company reported an EPS of $5.96 in the last quarter, which was 12.20% higher than expectations of $5.31.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PH’s latest balance sheet shows that the firm has $563.66M in Cash & Short Term Investments as of fiscal 2022. There were $11.48B in debt and $5.86B in liabilities at the time. Its Book Value Per Share was $88.02, while its Total Shareholder’s Equity was $8.86B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PH is Buy with a score of 4.47.
