Here's Why You Should Hold on to Parker-Hannifin (PH) Now
Parker(PH) ZACKS·2024-07-11 19:56
In the quarters ahead, the segment is expected to benefit from solid demand for its products and aftermarket support services in general aviation and military end markets. The company expects the Aerospace Systems segment's organic sales to increase approximately 15% from the year-ago levels in fiscal 2024. Parker-Hannifin's unique Win Strategy, which focuses on driving its organic and long-term growth, also supports its margin performance. In the fiscal third quarter, PH's adjusted operating margin increas ...