PH vs. ITW, IR, XYL, DOV, IEX, SNA, GGG, NDSN, PNR, and SWK
Should you be buying Parker-Hannifin stock or one of its competitors? The main competitors of Parker-Hannifin include Illinois Tool Works (ITW), Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), IDEX (IEX), Snap-on (SNA), Graco (GGG), Nordson (NDSN), Pentair (PNR), and Stanley Black & Decker (SWK). These companies are all part of the "industrial machinery" industry.
Illinois Tool Works (NYSE:ITW) and Parker-Hannifin (NYSE:PH) are both large-cap industrial products companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, media sentiment, earnings, dividends, valuation, institutional ownership, profitability, risk and analyst recommendations.
Parker-Hannifin received 97 more outperform votes than Illinois Tool Works when rated by MarketBeat users. Likewise, 63.12% of users gave Parker-Hannifin an outperform vote while only 57.28% of users gave Illinois Tool Works an outperform vote.
79.8% of Illinois Tool Works shares are owned by institutional investors. Comparatively, 82.4% of Parker-Hannifin shares are owned by institutional investors. 0.9% of Illinois Tool Works shares are owned by company insiders. Comparatively, 1.0% of Parker-Hannifin shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
In the previous week, Parker-Hannifin had 4 more articles in the media than Illinois Tool Works. MarketBeat recorded 14 mentions for Parker-Hannifin and 10 mentions for Illinois Tool Works. Parker-Hannifin's average media sentiment score of 1.08 beat Illinois Tool Works' score of 0.90 indicating that Illinois Tool Works is being referred to more favorably in the media.
Illinois Tool Works has higher earnings, but lower revenue than Parker-Hannifin. Illinois Tool Works is trading at a lower price-to-earnings ratio than Parker-Hannifin, indicating that it is currently the more affordable of the two stocks.
Illinois Tool Works pays an annual dividend of $5.60 per share and has a dividend yield of 2.3%. Parker-Hannifin pays an annual dividend of $6.52 per share and has a dividend yield of 1.2%. Illinois Tool Works pays out 55.2% of its earnings in the form of a dividend. Parker-Hannifin pays out 30.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Illinois Tool Works has increased its dividend for 54 consecutive years and Parker-Hannifin has increased its dividend for 69 consecutive years.
Illinois Tool Works presently has a consensus target price of $257.78, suggesting a potential upside of 6.19%. Parker-Hannifin has a consensus target price of $566.87, suggesting a potential upside of 6.65%. Given Illinois Tool Works' stronger consensus rating and higher possible upside, analysts plainly believe Parker-Hannifin is more favorable than Illinois Tool Works.
Illinois Tool Works has a net margin of 19.07% compared to Illinois Tool Works' net margin of 13.95%. Parker-Hannifin's return on equity of 97.82% beat Illinois Tool Works' return on equity.
Illinois Tool Works has a beta of 1.14, suggesting that its stock price is 14% more volatile than the S&P 500. Comparatively, Parker-Hannifin has a beta of 1.51, suggesting that its stock price is 51% more volatile than the S&P 500.
Summary
Parker-Hannifin beats Illinois Tool Works on 14 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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