News headlines about Park-Ohio Holdings Corp. (NASDAQ:PKOH) have been trending somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Park-Ohio Holdings Corp. earned a news impact score of 0.07 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 47.4561355716515 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s rankings:
- Q2 2018 Earnings Forecast for Park-Ohio Holdings Corp. Issued By B. Riley (PKOH) (americanbankingnews.com)
- Research Analysts Offer Predictions for Park-Ohio Holdings Corp.’s FY2017 Earnings (PKOH) (americanbankingnews.com)
- Park-Ohio Holdings Corp. (PKOH) Stock Rating Lowered by ValuEngine (americanbankingnews.com)
- Park-Ohio Holdings’ (PKOH) CEO Edward Crawford on Q3 2017 Results – Earnings Call Transcript (seekingalpha.com)
- ETFs with exposure to Park-Ohio Holdings Corp. : November 7, 2017 (finance.yahoo.com)
Park-Ohio Holdings Corp. (PKOH) opened at $41.90 on Friday. The firm has a market cap of $525.05, a P/E ratio of 13.83 and a beta of 3.52. Park-Ohio Holdings Corp. has a 12-month low of $34.25 and a 12-month high of $47.80. The company has a debt-to-equity ratio of 1.79, a current ratio of 2.36 and a quick ratio of 1.44.
Park-Ohio Holdings Corp. (NASDAQ:PKOH) last posted its quarterly earnings results on Monday, November 6th. The industrial products company reported $0.82 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.87 by ($0.05). The firm had revenue of $352.20 million during the quarter, compared to the consensus estimate of $345.17 million. Park-Ohio Holdings Corp. had a return on equity of 14.79% and a net margin of 2.16%. sell-side analysts anticipate that Park-Ohio Holdings Corp. will post 3.18 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 28th. Shareholders of record on Tuesday, November 14th will be given a $0.125 dividend. The ex-dividend date of this dividend is Monday, November 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.19%. Park-Ohio Holdings Corp.’s payout ratio is currently 21.19%.
PKOH has been the subject of a number of research reports. FBR & Co upped their target price on shares of Park-Ohio Holdings Corp. from $33.00 to $37.00 and gave the company a “mkt perform” rating in a report on Wednesday, August 9th. BidaskClub raised shares of Park-Ohio Holdings Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th. Zacks Investment Research cut shares of Park-Ohio Holdings Corp. from a “buy” rating to a “hold” rating in a report on Friday. Finally, ValuEngine cut shares of Park-Ohio Holdings Corp. from a “strong-buy” rating to a “buy” rating in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $44.67.
In other Park-Ohio Holdings Corp. news, COO Matthew V. Crawford sold 15,808 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $39.47, for a total value of $623,941.76. Following the completion of the transaction, the chief operating officer now directly owns 1,032,645 shares in the company, valued at $40,758,498.15. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert D. Vilsack sold 1,471 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $45.75, for a total transaction of $67,298.25. Following the completion of the transaction, the insider now owns 93,527 shares of the company’s stock, valued at $4,278,860.25. The disclosure for this sale can be found here. Over the last quarter, insiders sold 39,650 shares of company stock valued at $1,647,828. Company insiders own 31.00% of the company’s stock.
Park-Ohio Holdings Corp. Company Profile
Park-Ohio Holdings Corp. is a diversified international company providing supply chain management outsourcing services, capital equipment used on their production lines and manufactured components used to assemble its products. The Company operates in three segments: Supply Technologies, Assembly Components and Engineered Products.
Receive News & Ratings for Park-Ohio Holdings Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Park-Ohio Holdings Corp. and related companies with MarketBeat.com's FREE daily email newsletter.