Parker Hannifin Corp
PH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !Bk | LOCK|%j^D | LOCK|Dg%#&W |
Parker-Hannifin Earnings: Aerospace Growth Doesn't Justify Valuation; Shares Remain Overvalued
Parker-Hannifin reported third-quarter organic sales growth of 6.5% year over year. Parker's Aerospace Systems segment posted midteens growth, but shares sold off the morning of April 30.
