PH vs. ITW, CTAS, ABBNY, GWW, JCI, FERG, IR, XYL, ROK, and DE
Should you be buying Parker-Hannifin stock or one of its competitors? The main competitors of Parker-Hannifin include Illinois Tool Works (ITW), Cintas (CTAS), ABB (ABBNY), W.W. Grainger (GWW), Johnson Controls International (JCI), Ferguson (FERG), Ingersoll Rand (IR), Xylem (XYL), Rockwell Automation (ROK), and Deere & Company (DE). These companies are all part of the "industrial products" sector.
Parker-Hannifin (NYSE:PH) and Illinois Tool Works (NYSE:ITW) are both large-cap industrial products companies, but which is the better stock? We will compare the two companies based on the strength of their risk, institutional ownership, analyst recommendations, media sentiment, earnings, dividends, valuation, community ranking and profitability.
Parker-Hannifin presently has a consensus target price of $515.38, indicating a potential downside of 5.07%. Illinois Tool Works has a consensus target price of $257.89, indicating a potential upside of 6.45%. Given Illinois Tool Works' higher probable upside, analysts clearly believe Illinois Tool Works is more favorable than Parker-Hannifin.
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, indicating that its share price is 51% more volatile than the S&P 500. Comparatively, Illinois Tool Works has a beta of 1.14, indicating that its share price is 14% more volatile than the S&P 500.
In the previous week, Illinois Tool Works had 30 more articles in the media than Parker-Hannifin. MarketBeat recorded 42 mentions for Illinois Tool Works and 12 mentions for Parker-Hannifin. Parker-Hannifin's average media sentiment score of 1.10 beat Illinois Tool Works' score of 0.62 indicating that Parker-Hannifin is being referred to more favorably in the media.
Parker-Hannifin pays an annual dividend of $5.92 per share and has a dividend yield of 1.1%. Illinois Tool Works pays an annual dividend of $5.60 per share and has a dividend yield of 2.3%. Parker-Hannifin pays out 29.3% 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.
82.4% of Parker-Hannifin shares are owned by institutional investors. Comparatively, 79.8% of Illinois Tool Works shares are owned by institutional investors. 1.0% of Parker-Hannifin shares are owned by company insiders. Comparatively, 0.9% of Illinois Tool Works shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Illinois Tool Works has a net margin of 19.07% compared to Parker-Hannifin's net margin of 13.28%. Illinois Tool Works' return on equity of 97.82% beat Parker-Hannifin's return on equity.
Parker-Hannifin received 90 more outperform votes than Illinois Tool Works when rated by MarketBeat users. Likewise, 62.95% of users gave Parker-Hannifin an outperform vote while only 57.33% of users gave Illinois Tool Works an outperform vote.
Summary
Parker-Hannifin beats Illinois Tool Works on 12 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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