Park Aerospace’s (PKE) “Market Outperform” Rating Reaffirmed at Citizens Jmp

Park Aerospace (NYSE:PKE)‘s stock had its “market outperform” rating reiterated by analysts at Citizens Jmp in a research report issued to clients and investors on Friday, Benzinga reports. They presently have a $42.00 target price on the semiconductor company’s stock. Citizens Jmp’s target price indicates a potential upside of 47.91% from the stock’s current price.

Several other equities research analysts have also recently commented on the company. Citigroup reaffirmed a “market outperform” rating on shares of Park Aerospace in a research note on Tuesday, July 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $43.00 target price on shares of Park Aerospace in a research note on Friday. Weiss Ratings cut Park Aerospace from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Finally, Wall Street Zen cut Park Aerospace from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $42.50.

Park Aerospace Trading Down 4.3%

Shares of PKE stock opened at $28.40 on Friday. The stock has a market cap of $617.64 million, a price-to-earnings ratio of 46.20 and a beta of 0.39. The stock has a 50-day moving average of $32.69 and a 200-day moving average of $33.00. Park Aerospace has a 1-year low of $18.25 and a 1-year high of $39.86.

Park Aerospace (NYSE:PKE) last issued its quarterly earnings results on Thursday, October 8th. The semiconductor company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.05. The company had revenue of $20.79 million during the quarter, compared to analysts’ expectations of $20.01 million. Park Aerospace had a return on equity of 10.75% and a net margin of 16.70%.

Insider Transactions at Park Aerospace

In other Park Aerospace news, insider Constantine Petropoulos sold 2,500 shares of the firm’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $36.00, for a total value of $90,000.00. Following the completion of the sale, the insider directly owned 2,500 shares of the company’s stock, valued at $90,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 7.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Park Aerospace

Several hedge funds have recently made changes to their positions in PKE. MCF Advisors LLC increased its position in shares of Park Aerospace by 42.2% in the 2nd quarter. MCF Advisors LLC now owns 1,226 shares of the semiconductor company’s stock valued at $47,000 after acquiring an additional 364 shares during the period. Parvin Asset Management LLC increased its position in shares of Park Aerospace by 11.4% in the 1st quarter. Parvin Asset Management LLC now owns 4,875 shares of the semiconductor company’s stock valued at $133,000 after acquiring an additional 500 shares during the period. Strs Ohio increased its position in shares of Park Aerospace by 15.9% in the 1st quarter. Strs Ohio now owns 5,100 shares of the semiconductor company’s stock valued at $140,000 after acquiring an additional 700 shares during the period. Kennedy Capital Management LLC increased its position in shares of Park Aerospace by 0.4% in the 4th quarter. Kennedy Capital Management LLC now owns 228,855 shares of the semiconductor company’s stock valued at $4,884,000 after acquiring an additional 920 shares during the period. Finally, Susquehanna Fundamental Investments LLC increased its position in shares of Park Aerospace by 3.7% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 31,459 shares of the semiconductor company’s stock valued at $1,200,000 after acquiring an additional 1,128 shares during the period. 77.83% of the stock is currently owned by hedge funds and other institutional investors.

Park Aerospace News Summary

Here are the key news stories impacting Park Aerospace this week:

• Positive Sentiment: Earnings and revenue exceeded expectations. Park Aerospace reported fiscal Q2 EPS of $0.21, above the $0.16 consensus estimate, while revenue of $20.79 million topped the $20.01 million forecast. Park Aerospace earnings report
• Positive Sentiment: Profitability improved substantially. Quarterly sales increased from $16.38 million to $20.79 million year over year, while net income rose from $2.40 million to $4.53 million. Gross profit was $7.14 million, representing a 34.3% margin, and sales and earnings also improved sequentially from the prior quarter. Park Aerospace Q2 results
• Positive Sentiment: Balance sheet remains strong. Park Aerospace held $114.75 million in cash and marketable securities at August 30, providing financial flexibility and support for operations or future investment.
• Neutral Sentiment: Management’s earnings call provided additional context. The company held its fiscal Q2 conference call and published a transcript, but the available reports do not identify a new forecast or major strategic announcement that would materially change the outlook. Park Aerospace Q2 2027 earnings call transcript
• Neutral Sentiment: Institutional positioning was mixed. Recent filings showed 106 institutions adding shares compared with 69 reducing positions, including sizable additions by FMR and Next Century Growth Investors. This suggests continued institutional interest but not uniform conviction.
• Negative Sentiment: Insider selling is a cautionary signal. Company insiders made seven reported open-market sales during the past six months and no purchases, including substantial sales by Chairman and CEO Brian Shore and President and COO Mark Esquivel.

Park Aerospace Company Profile

Park Aerospace Corp. (NYSE:PKE) is an aerospace manufacturing company that develops and produces advanced composite materials and composite structures. Its products are used in the manufacture of aircraft and other aerospace systems, where lightweight, high-strength materials are important for performance and fuel efficiency.

The company’s offerings include carbon fiber and other composite materials, prepregs, film adhesives, honeycomb and other core materials, and fabricated composite parts.