Park-Ohio (NASDAQ:PKOH – Get Free Report) released its quarterly earnings data on Monday. The industrial products company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.09, Yahoo Finance reports. Park-Ohio had a return on equity of 13.45% and a net margin of 0.47%. The firm had revenue of $417.60 million during the quarter, compared to analyst estimates of $439.00 million. During the same quarter in the prior year, the firm posted $0.72 earnings per share.
Park-Ohio Trading Up 2.0 %
NASDAQ PKOH opened at $24.56 on Tuesday. The stock has a market cap of $321.00 million, a P/E ratio of 38.98 and a beta of 1.23. The stock has a 50 day simple moving average of $25.27 and a two-hundred day simple moving average of $24.80. Park-Ohio has a fifty-two week low of $12.34 and a fifty-two week high of $28.79. The company has a debt-to-equity ratio of 2.18, a quick ratio of 1.14 and a current ratio of 2.27.
Park-Ohio Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Friday, May 3rd will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date is Thursday, May 2nd. Park-Ohio’s payout ratio is 79.37%.
Insider Buying and Selling at Park-Ohio
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Park-Ohio from a “strong-buy” rating to a “buy” rating in a research report on Friday.
Read Our Latest Analysis on PKOH
About Park-Ohio
Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply Technologies, Assembly Components, and Engineered Products.
Featured Stories
- Five stocks we like better than Park-Ohio
- What Are Growth Stocks and Investing in Them
- McDonald’s Trend Following Signal is an Opportunity Today
- Why Invest in 5G? How to Invest in 5G Stocks
- CVS Stock is Nearing a 52-Week Low, Better Buy Than Walgreens?
- What is the Dow Jones Industrial Average (DJIA)?
- Did the Rally in Coca-Cola Company Stock Just Fizzle Out?
Receive News & Ratings for Park-Ohio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Park-Ohio and related companies with MarketBeat.com's FREE daily email newsletter.