Value Line (NASDAQ:VALU - Get Free Report) released its quarterly earnings data on Friday. The financial services provider reported $0.60 earnings per share for the quarter, Zacks reports. Value Line had a net margin of 54.72% and a return on equity of 22.29%.
Value Line Trading Up 2.4 %
Shares of NASDAQ VALU traded up $1.27 during midday trading on Friday, reaching $53.39. The company had a trading volume of 8,518 shares, compared to its average volume of 6,297. Value Line has a 1 year low of $36.00 and a 1 year high of $57.68. The business's 50-day simple moving average is $50.74 and its 200 day simple moving average is $45.66. The stock has a market cap of $502.93 million, a P/E ratio of 24.59 and a beta of 0.81.
Value Line Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, October 28th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend was Monday, October 28th. Value Line's dividend payout ratio is presently 56.60%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Value Line from a "hold" rating to a "buy" rating in a research note on Wednesday, September 11th.
View Our Latest Research Report on Value Line
Value Line Company Profile
(
Get Free Report)
Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey - Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.
Further Reading
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