Park-Ohio (NASDAQ:PKOH – Get Free Report) announced its quarterly earnings data on Monday. The industrial products company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.09, Yahoo Finance reports. The business had revenue of $417.60 million during the quarter, compared to the consensus estimate of $439.00 million. Park-Ohio had a return on equity of 14.05% and a net margin of 0.70%. During the same quarter in the previous year, the business earned $0.72 earnings per share.
Park-Ohio Trading Down 1.0 %
PKOH stock traded down $0.25 during trading on Wednesday, reaching $25.28. 2,743 shares of the stock traded hands, compared to its average volume of 23,636. The business’s 50 day moving average price is $25.29 and its 200-day moving average price is $24.82. Park-Ohio has a 52-week low of $12.34 and a 52-week high of $28.79. The company has a debt-to-equity ratio of 2.18, a current ratio of 2.27 and a quick ratio of 1.14. The firm has a market capitalization of $330.41 million, a PE ratio of 28.05 and a beta of 1.23.
Park-Ohio Dividend Announcement
The company 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 1.98%. The ex-dividend date is Thursday, May 2nd. Park-Ohio’s dividend payout ratio (DPR) is presently 54.95%.
Insider Buying and Selling at Park-Ohio
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded Park-Ohio from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 26th.
View Our Latest Stock Report on Park-Ohio
Park-Ohio Company Profile
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.
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