Mizuho has revised its price target for Parker-Hannifin (PH, Financial), lowering it from $715 to $680, while maintaining an Outperform rating on the company's shares. This adjustment comes as the firm recalibrates its expectations for the electrical equipment and multi-industry sectors due to anticipated short-term demand dips and the financial effects of escalating tariffs.
As the earnings season approaches, Mizuho's analysis indicates that Q1 performance is generally in line with expectations. However, investor attention has shifted away from Q1 results owing to recent significant developments. Among these, rising tariffs, especially those targeting China, are expected to impact corporate financial outcomes adversely.
While numerous companies are proactively increasing prices to counter tariff pressures, Mizuho warns of potential financial challenges that may not be entirely mitigated. The firm highlights possible revenue loss and ongoing economic headwinds despite these defensive measures.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Parker Hannifin Corp (PH, Financial) is $701.92 with a high estimate of $824.00 and a low estimate of $564.00. The average target implies an upside of 28.25% from the current price of $547.29. More detailed estimate data can be found on the Parker Hannifin Corp (PH) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Parker Hannifin Corp's (PH, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Parker Hannifin Corp (PH, Financial) in one year is $433.34, suggesting a downside of 20.82% from the current price of $547.29. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Parker Hannifin Corp (PH) Summary page.
