• Sat. Jun 10th, 2023

Here’s How Much $100 Invested In Parker Hannifin 5 Years Ago Would Be Worth Today – Parker Hannifin (NYSE:PH)

ByBenzinga Insights

Mar 29, 2023
Where Nevro Stands With Analysts

Parker Hannifin PH has outperformed the market over the past 5 years by 5.64% on an annualized basis producing an average annual return of 14.64%. Currently, Parker Hannifin has a market capitalization of $42.83 billion.

Buying $100 In PH: If an investor had bought $100 of PH stock 5 years ago, it would be worth $200.50 today based on a price of $333.94 for PH at the time of writing.

Parker Hannifin’s Performance Over Last 5 Years

Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Image and article originally from www.benzinga.com. Read the original article here.