Park-Ohio (PKOH) Receiving Somewhat Favorable Media Coverage, Accern Reports

News coverage about Park-Ohio (NASDAQ:PKOH) has trended somewhat positive on Saturday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Park-Ohio earned a news impact score of 0.08 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 44.3560858739258 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of Park-Ohio (NASDAQ:PKOH) traded up $0.10 during trading hours on Friday, reaching $44.40. The company’s stock had a trading volume of 31,825 shares, compared to its average volume of 27,526. Park-Ohio has a fifty-two week low of $34.25 and a fifty-two week high of $47.80. The company has a current ratio of 2.36, a quick ratio of 1.39 and a debt-to-equity ratio of 1.79. The stock has a market cap of $555.10, a price-to-earnings ratio of 18.81 and a beta of 3.47.

Park-Ohio (NASDAQ:PKOH) last issued its 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). Park-Ohio had a return on equity of 14.79% and a net margin of 2.16%. The business had revenue of $352.20 million during the quarter, compared to analysts’ expectations of $345.17 million. sell-side analysts anticipate that Park-Ohio will post 3.18 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 28th. Shareholders of record on Tuesday, November 14th were paid a dividend of $0.125 per share. The ex-dividend date was Monday, November 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.13%. Park-Ohio’s dividend payout ratio is currently 21.19%.

A number of brokerages have weighed in on PKOH. BidaskClub lowered Park-Ohio from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Zacks Investment Research lowered Park-Ohio from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. ValuEngine lowered Park-Ohio from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 9th. B. Riley reissued a “neutral” rating on shares of Park-Ohio in a research report on Wednesday, November 1st. Finally, FBR & Co reissued a “hold” rating on shares of Park-Ohio in a research report on Thursday, October 5th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $42.00.

In other Park-Ohio news, Director Ronna Romney sold 3,000 shares of the business’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $46.41, for a total transaction of $139,230.00. Following the completion of the sale, the director now directly owns 24,478 shares in the company, valued at approximately $1,136,023.98. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Robert D. Vilsack sold 4,581 shares of the business’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $44.51, for a total value of $203,900.31. Following the sale, the general counsel now owns 103,527 shares of the company’s stock, valued at $4,607,986.77. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 35,203 shares of company stock valued at $1,614,579. Corporate insiders own 31.00% of the company’s stock.

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About Park-Ohio

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.

Insider Buying and Selling by Quarter for Park-Ohio (NASDAQ:PKOH)

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