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.
Parker-Hannifin (NYSE:PH) and Illinois Tool Works (NYSE:ITW) are both large-cap industrial products companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, valuation, media sentiment, profitability, analyst recommendations, community ranking and risk.
Parker-Hannifin pays an annual dividend of $6.52 per share and has a dividend yield of 1.2%. Illinois Tool Works pays an annual dividend of $5.60 per share and has a dividend yield of 2.3%. Parker-Hannifin pays out 30.7% of its earnings in the form of a dividend. Illinois Tool Works pays out 55.2% 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.
In the previous week, Parker-Hannifin had 5 more articles in the media than Illinois Tool Works. MarketBeat recorded 16 mentions for Parker-Hannifin and 11 mentions for Illinois Tool Works. Illinois Tool Works' average media sentiment score of 1.08 beat Parker-Hannifin's score of 0.90 indicating that Illinois Tool Works is being referred to more favorably in the news media.
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.
Illinois Tool Works has a net margin of 19.07% compared to Parker-Hannifin's net margin of 13.95%. Illinois Tool Works' return on equity of 97.82% beat Parker-Hannifin's return on equity.
82.4% of Parker-Hannifin shares are held by institutional investors. Comparatively, 79.8% of Illinois Tool Works shares are held by institutional investors. 1.0% of Parker-Hannifin shares are held by insiders. Comparatively, 0.9% of Illinois Tool Works shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Illinois Tool Works has lower revenue, but higher earnings 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.
Parker-Hannifin has a beta of 1.51, meaning that its stock price is 51% more volatile than the S&P 500. Comparatively, Illinois Tool Works has a beta of 1.14, meaning that its stock price is 14% more volatile than the S&P 500.
Parker-Hannifin presently has a consensus price target of $566.87, indicating a potential upside of 6.65%. Illinois Tool Works has a consensus price target of $257.78, indicating a potential upside of 6.19%. Given Parker-Hannifin's stronger consensus rating and higher probable upside, analysts clearly believe Parker-Hannifin is more favorable than Illinois Tool Works.
Summary
Parker-Hannifin beats Illinois Tool Works on 13 of the 20 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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