Park Aerospace (NYSE:PKE) Releases Quarterly Earnings Results

Park Aerospace (NYSE:PKEGet Free Report) posted its quarterly earnings data on Tuesday. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, Zacks reports. Park Aerospace had a net margin of 11.82% and a return on equity of 6.61%.

Park Aerospace Stock Up 1.9 %

PKE stock traded up $0.26 during midday trading on Tuesday, reaching $14.24. The company had a trading volume of 79,361 shares, compared to its average volume of 44,054. Park Aerospace has a fifty-two week low of $11.96 and a fifty-two week high of $16.96. The firm has a market capitalization of $284.26 million, a PE ratio of 41.88 and a beta of 0.43. The stock has a 50 day moving average price of $14.72 and a 200 day moving average price of $13.87.

Park Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 4th. Shareholders of record on Friday, January 3rd will be issued a dividend of $0.125 per share. The ex-dividend date is Friday, January 3rd. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.51%. Park Aerospace’s dividend payout ratio (DPR) is 147.06%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Park Aerospace from a “hold” rating to a “buy” rating in a research note on Friday, December 27th.

Get Our Latest Analysis on Park Aerospace

Park Aerospace Company Profile

(Get Free Report)

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.

See Also

Earnings History for Park Aerospace (NYSE:PKE)

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