Park Aerospace (PKE) Stock Price, News & Analysis

Company Overview

Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also provides specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was incorporated in 1954 and is based in Westbury, New York.

Key Stats

• Today's Range: $14.86 to $15.05
• 50-Day Range: $12.72 to $14.95
• 52-Week Range: $11.96 to $16.96
• Volume: 48,203 shs
• Average Volume: 66,851 shs
• Market Capitalization: $300.00 million
• P/E Ratio: 44.21
• Dividend Yield: 3.33%
• Price Target: N/A
• Consensus Rating: N/A

Park Aerospace Stock Analysis - MarketRank™

Park Aerospace scored higher than 34% of companies evaluated by MarketBeat, and ranked 41st out of 50 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Park Aerospace.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Park Aerospace is 44.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Park Aerospace is 44.21, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 34.25.

Price to Book Value per Share Ratio

Park Aerospace has a P/B Ratio of 2.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.32% of the float of Park Aerospace has been sold short.

Short Interest Ratio / Days to Cover

Park Aerospace has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Park Aerospace has recently increased by 14.88%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Park Aerospace pays a meaningful dividend of 3.42%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Park Aerospace does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Park Aerospace is 147.06%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.32% of the float of Park Aerospace has been sold short.

Short Interest Ratio / Days to Cover

Park Aerospace has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Park Aerospace has recently increased by 14.88%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.76

News Sentiment

Park Aerospace has a news sentiment score of 1.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Park Aerospace this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Park Aerospace insiders have not sold or bought any company stock.

Percentage Held by Insiders

10.60% of the stock of Park Aerospace is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

77.83% of the stock of Park Aerospace is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PKE Stock Analysis - Frequently Asked Questions

How have PKE shares performed this year?

Park Aerospace's stock was trading at $14.70 at the start of the year. Since then, PKE shares have increased by 2.2% and is now trading at $15.03.
View the best growth stocks for 2024 here.

How were Park Aerospace's earnings last quarter?

Park Aerospace Corp. (NYSE:PKE) posted its quarterly earnings data on Tuesday, October, 15th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter. The semiconductor company had revenue of $16.71 million for the quarter. Park Aerospace had a net margin of 11.82% and a trailing twelve-month return on equity of 6.61%.

Who are Park Aerospace's major shareholders?

Top institutional investors of Park Aerospace include State Street Corp (2.44%), Foundation Resource Management Inc. (2.30%), Geode Capital Management LLC (2.11%) and Roubaix Capital LLC (1.91%).
View institutional ownership trends.

How do I buy shares of Park Aerospace?

Shares of PKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Park Aerospace own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Park Aerospace investors own include American Water Works (AWK), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 11/5 Dividend: 10/01/2024
• Last Earnings: 10/15/2024
• Dividend Payable: 11/05/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 1/14/2025
• Fiscal Year End: 2/28/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Aerospace
• Industry: Aircraft parts & equipment, not elsewhere classified
• Sub-Industry: Electronic Manufacturing Services
• Current Symbol: NYSE:PKE
• CUSIP: 70041620
• CIK: 76267
• Web: www.parkaerospace.com
• Phone: (631) 465-3600
• Fax: 631-465-3100
• Employees: 123
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.34
• Trailing P/E Ratio: 44.21
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $7.47 million
• Net Margins: 11.82%
• Pretax Margin: 14.85%
• Return on Equity: 6.61%
• Return on Assets: 5.74%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 9.11
• Quick Ratio: 8.36

Sales & Book Value

• Annual Sales: $56 million
• Price / Sales: 5.36
• Cash Flow: $0.48 per share
• Price / Cash Flow: 31.56
• Book Value: $5.58 per share
• Price / Book: 2.69

Miscellaneous

• Outstanding Shares: 19,960,000
• Free Float: 17,846,000
• Market Cap: $300.00 million
• Optionable: Optionable
• Beta: 0.38