Parker Hannifin Corporation (PH): Today's Featured Industrial Loser

Parker Hannifin Corporation (PH) pushed the Industrial industry lower today making it today's featured Industrial loser. The industry as a whole closed the day up 0.3%. By the end of trading, Parker Hannifin Corporation fell 49 cents (-0.6%) to $78.44 on average volume. Throughout the day, 1.6 million shares of Parker Hannifin Corporation exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $77.78-$79.60 after having opened the day at $78.89 as compared to the previous trading day's close of $78.93. Other company's within the Industrial industry that declined today were: ZBB Energy Corporation (ZBB), down 22.9%, Wuhan General Group (WUHN), down 9.7%, UQM Technologies (UQM), down 8.8%, and A123 Systems (AONE), down 7.3%.

Parker Hannifin Corporation manufactures fluid power systems, electromechanical controls, and related components worldwide. Parker Hannifin Corporation has a market cap of $12.35 billion and is part of the industrial goods sector. The company has a P/E ratio of 11.2, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 2.8% year to date as of the close of trading on Wednesday. Currently there are six analysts that rate Parker Hannifin Corporation a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Parker Hannifin Corporation as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

• You can view the full Parker Hannifin Ratings Report.

On the positive front, Wowjoint Holdings (BWOW), up 9%, Hardinge (HDNG), up 6.6%, Energy Recovery (ERII), up 6.3%, and eMagin Corporation (EMAN), up 5.8%, were all gainers within the industrial industry with Precision Castparts (PCP) being today's featured industrial industry winner.

• Use our industrial section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average (DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials (SIJ).

• Find other investment ideas from our top rated ETFs lists.

For more information on Parker Hannifin Corporation click any of the following:

• Parker Hannifin Corporation Stock Price

• Parker Hannifin Corporation Analyst Ratings

• Parker Hannifin Corporation Key Stats & Profile

• Parker Hannifin Corporation Earnings

• Parker Hannifin Corporation Ratio Comparison

• Parker Hannifin Corporation Growth Rates

• Parker Hannifin Corporation Balance Sheet

• Parker Hannifin Corporation Cash Flow

• Parker Hannifin Corporation Income Statement