Park-Ohio (NASDAQ:PKOH - Get Free Report) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.01, Zacks reports. The company had revenue of $388.40 million during the quarter, compared to analyst estimates of $405.85 million. Park-Ohio had a return on equity of 14.64% and a net margin of 1.01%. Park-Ohio updated its FY 2025 guidance to EPS.
Park-Ohio Stock Performance
Shares of Park-Ohio stock traded up $0.41 during trading hours on Friday, reaching $24.03. The company had a trading volume of 16,424 shares, compared to its average volume of 21,751. The firm has a market cap of $337.43 million, a PE ratio of 19.22 and a beta of 1.16. Park-Ohio has a one year low of $22.43 and a one year high of $34.50. The company has a debt-to-equity ratio of 1.90, a current ratio of 2.45 and a quick ratio of 1.26. The business has a fifty day simple moving average of $24.77 and a 200 day simple moving average of $28.08.
Park-Ohio Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.50 annualized dividend and a dividend yield of 2.08%. Park-Ohio's dividend payout ratio is currently 20.49%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Park-Ohio from a "hold" rating to a "buy" rating in a research note on Wednesday.
Get Our Latest Stock Analysis on Park-Ohio
Insider Activity at Park-Ohio
In other Park-Ohio news, insider Robert D. Vilsack sold 3,556 shares of Park-Ohio stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $31.67, for a total transaction of $112,618.52. Following the completion of the transaction, the insider now owns 187,764 shares of the company's stock, valued at $5,946,485.88. The trade was a 1.86 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 33.04% of the stock is currently owned by corporate insiders.
About Park-Ohio
(
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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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