Parker Hannifin Corp
PH: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$985.00 | Qsqprjs | Gqnmrssk |
Parker Earnings: Superb Aerospace Momentum Prompts Us to Raise Fair Value by 7%
Parker Hannifin put forth a stellar fiscal first-quarter earnings report. The narrow-moat-rated firm crushed both our prior sales and earnings estimates. Consequently, we raised our fair value estimate by 7% to $411. That said, the stock still doesn’t strike us as a bargain.