At US$532, Is It Time To Put Parker-Hannifin Corporation (NYSE:PH) On Your Watch List?
Jun 02
U.S. Industrial Machinery Industry Analysis
UpdatedJun 02, 2024
DataAggregated Company Financials
Companies119
- 7D-0.7%
- 3M-1.6%
- 1Y21.8%
- YTDn/a
Over the last 7 days, the Industrial Machinery industry has remained flat. As for the the longer term, the industry is up 22% over the past 12 months. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the U.S. Industrial Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 02 Jun 2024 | US$527.0b | US$179.0b | US$17.3b | 25.7x | 30.5x | 2.9x |
| Tue, 30 Apr 2024 | US$531.3b | US$178.0b | US$16.7b | 25.8x | 31.8x | 3x |
| Thu, 28 Mar 2024 | US$560.6b | US$178.1b | US$16.3b | 27.1x | 34.5x | 3.1x |
| Sat, 24 Feb 2024 | US$528.0b | US$177.5b | US$16.4b | 26.2x | 32.2x | 3x |
| Mon, 22 Jan 2024 | US$511.3b | US$184.3b | US$16.5b | 24.4x | 31x | 2.8x |
| Wed, 20 Dec 2023 | US$520.0b | US$183.8b | US$16.5b | 24.8x | 31.4x | 2.8x |
| Fri, 17 Nov 2023 | US$469.3b | US$183.6b | US$16.5b | 22.4x | 28.4x | 2.6x |
| Sun, 15 Oct 2023 | US$454.0b | US$181.2b | US$15.2b | 21.5x | 29.9x | 2.5x |
| Tue, 12 Sep 2023 | US$470.6b | US$181.2b | US$15.2b | 22.3x | 31x | 2.6x |
| Thu, 10 Aug 2023 | US$492.8b | US$181.3b | US$15.4b | 23.5x | 32x | 2.7x |
| Sat, 08 Jul 2023 | US$480.5b | US$178.1b | US$14.5b | 23.1x | 33.2x | 2.7x |
| Mon, 05 Jun 2023 | US$442.6b | US$179.4b | US$14.7b | 21.4x | 30.1x | 2.5x |
| Wed, 03 May 2023 | US$433.2b | US$177.8b | US$14.6b | 21.4x | 29.6x | 2.4x |
| Fri, 31 Mar 2023 | US$432.4b | US$174.9b | US$14.2b | 23.7x | 30.3x | 2.5x |
| Sun, 26 Feb 2023 | US$434.3b | US$174.7b | US$14.3b | 23.6x | 30.4x | 2.5x |
| Tue, 24 Jan 2023 | US$419.9b | US$171.7b | US$14.3b | 23.8x | 29.3x | 2.4x |
| Thu, 22 Dec 2022 | US$397.7b | US$171.7b | US$13.8b | 21.7x | 28.9x | 2.3x |
| Sat, 19 Nov 2022 | US$408.1b | US$171.3b | US$13.6b | 23.1x | 30.1x | 2.4x |
| Mon, 17 Oct 2022 | US$346.6b | US$167.5b | US$15.2b | 18.9x | 22.8x | 2.1x |
| Wed, 14 Sep 2022 | US$393.9b | US$166.9b | US$15.0b | 20.9x | 26.3x | 2.4x |
| Fri, 12 Aug 2022 | US$411.4b | US$166.7b | US$14.9b | 23.6x | 27.6x | 2.5x |
| Sun, 10 Jul 2022 | US$355.4b | US$162.9b | US$15.5b | 21.5x | 22.9x | 2.2x |
| Tue, 07 Jun 2022 | US$386.5b | US$162.5b | US$15.7b | 24.4x | 24.7x | 2.4x |
| Thu, 05 May 2022 | US$387.8b | US$162.2b | US$16.1b | 25.3x | 24.2x | 2.4x |
| Sat, 02 Apr 2022 | US$417.8b | US$163.2b | US$16.2b | 27.3x | 25.8x | 2.6x |
| Mon, 28 Feb 2022 | US$429.6b | US$160.4b | US$16.1b | 27.7x | 26.6x | 2.7x |
| Wed, 26 Jan 2022 | US$458.4b | US$162.3b | US$17.2b | 29x | 26.6x | 2.8x |
| Fri, 24 Dec 2021 | US$485.1b | US$162.3b | US$17.2b | 31.2x | 28.1x | 3x |
| Sun, 21 Nov 2021 | US$508.8b | US$163.0b | US$17.1b | 32.8x | 29.7x | 3.1x |
| Tue, 19 Oct 2021 | US$471.2b | US$157.9b | US$16.1b | 32.9x | 29.3x | 3x |
| Thu, 16 Sep 2021 | US$477.9b | US$161.1b | US$16.2b | 30.5x | 29.4x | 3x |
| Sat, 14 Aug 2021 | US$492.9b | US$160.7b | US$16.2b | 33.1x | 30.4x | 3.1x |
| Wed, 09 Jun 2021 | US$474.6b | US$149.1b | US$13.6b | 36.9x | 34.9x | 3.2x |
Price to Earnings Ratio
34.9x
Current Industry PE
- Investors are relatively neutral on the American Industrial Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 29.1x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Industrial Machinery industry have grown 8.3% per year over the last three years.
- Revenues for these companies have grown 6.3% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Industrial Machinery compare with similar industries?
| US Market | -0.62% | |
| Industrials | -1.04% | |
| Machinery | -1.24% | |
| Industrial Machinery | -0.67% | |
| Agricultural Machinery | -0.35% | |
| Construction Machinery and Vehicles | -2.49% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ITW Illinois Tool Works | US$242.75 | 1.1% +US$799.7m | 5.9% | PE23.7x | |
| OTIS Otis Worldwide | US$99.20 | 1.7% +US$659.0m | 15.9% | PE28.1x | |
| GTLS Chart Industries | US$157.03 | 4.1% +US$261.1m | 29.5% | PE132x | |
| MIDD Middleby | US$128.91 | 3.4% +US$224.8m | -7.6% | PE17.8x | |
| PH Parker-Hannifin | US$531.52 | 0.3% +US$217.2m | 56.0% | PE24.7x |
