PH Price Prediction, Parker-Hannifin Corp AI Recommendations

PH in upward trend: 10-day moving average broke above 50-day moving average on May 11, 2023

The 10-day moving average for PH crossed bullishly above the 50-day moving average on May 11, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 50 cases where PH's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on May 25, 2023. You may want to consider a long position or call options on PH as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for PH just turned positive on May 26, 2023. Looking at past instances where PH's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

PH moved above its 50-day moving average on May 25, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PH advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 289 cases where PH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PH broke above its upper Bollinger Band on May 09, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PH’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.367) is normal, around the industry mean (4.657). P/E Ratio (28.736) is within average values for comparable stocks, (43.979). Projected Growth (PEG Ratio) (1.606) is also within normal values, averaging (2.088). Dividend Yield (0.016) settles around the average of (0.021) among similar stocks. P/S Ratio (2.382) is also within normal values, averaging (11.561).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

PH is expected to report earnings to fall 8.94% to $5.40 per share on August 03

Q2'23

Est.

$5.40

Q1'23

Beat

by $0.91

Q4'22

Beat

by $0.30

Q3'22

Beat

by $1.06

Q2'22

Beat

by $0.48

PH is expected to pay dividends on June 02, 2023