With 0.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.92 million shares. The 52-week range on PH shows that it touched its highest point at $718.44 and its lowest point at $488.45 during that stretch. It currently has a 1-year price target of $720.44. With its current market cap of 80.22 billion, PH has annualized dividend of $6.52 while the current yield stands at 1.05%. Beta for the stock currently stands at 1.34.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PH was up-trending over the past week, with a rise of 2.97%, but this was up by 17.19% over a month. Three-month performance dropped to -9.56% while six-month performance fell -1.89%. The stock gained 16.20% in the past year, while it has lost -2.05% so far this year. A look at the trailing 12-month EPS for PH yields 25.98 with Next year EPS estimates of 29.03. For the next quarter, that number is 7.13. This implies an EPS growth rate of 5.13% for this year and 8.53% for next year. EPS is expected to grow by 7.58% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.73%.
Float and Shares Shorts:
At present, 128.76 million PH shares are outstanding with a float of 128.44 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PH since 10 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $24.95553 being high and $24.74557 being low. For PH, this leads to a yearly average estimate of $24.84555.
