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Work with the Yahoo!Finance database and perform elements of securities analysis involving Parker-Hannifin Corporation(PH) Estimate a growth rate for your firm's Earnings per Share (EPS).
Work with the Yahoo!Finance database and perform elements of securities analysis involving Parker-Hannifin Corporation(PH)
- Estimate a growth rate for your firm's Earnings per Share (EPS).
- Determine an applicable Price-Earnings (P/E) ratio for your firm in 5 years.
- Calculate an estimated value of a share of the stock in 5 years using the P/E ratio model (Eq. 8-10 in the textbook).
- Respond to this question: Would you characterize your stock as undervalued or overvalued? Explain.
- Respond to this question: Based on your valuations in parts A and B, would you invest in this stock? Explain.
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