Parker-Hannifin EPS to Rise 12.9% with Cash Flow Growth at 5.3%
Parker-Hannifin’s EPS is forecast to rise 12.9% this year, outpacing the 10.3% industry average, following a historical 16.3% growth rate. Its year-over-year cash flow grew 5.3% versus 3.6% for peers and current-year earnings estimates have climbed 1.9% in the past month.
1. Growth Score and Zacks Rank
Parker-Hannifin holds a Growth Score of B and a Zacks Rank #2 due to upward estimate revisions, indicating potential outperformance for growth investors.
2. EPS Growth Outlook
The company’s EPS grew at an annualized 16.3% historically and is projected to increase 12.9% this year, surpassing the industry average forecast of 10.3%.
3. Cash Flow Expansion
Year-over-year cash flow grew 5.3%, exceeding the 3.6% industry average, while annualized cash flow growth reached 18.2% over the past 3-5 years versus 10% for peers.
4. Earnings Estimate Revisions
Current-year earnings estimates have climbed 1.9% in the past month, a trend that often correlates with near-term stock price gains.