Park-Ohio Holdings Corp. (PKOH) Receives Daily Media Sentiment Rating of 0.09
Media headlines about Park-Ohio Holdings Corp. (NASDAQ:PKOH) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Park-Ohio Holdings Corp. earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 45.6264407587088 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern’s analysis:
- Park-Ohio Holdings Corp. (PKOH) Rating Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- Park-Ohio Holdings Corp. (PKOH) Expected to Announce Quarterly Sales of $348.77 Million (americanbankingnews.com)
- Park-Ohio Holdings Corp. – Value Analysis (NASDAQ:PKOH) : September 14, 2017 (finance.yahoo.com)
- Park-Ohio Holdings Corp. (PKOH) COO Matthew V. Crawford Sells 3,662 Shares (americanbankingnews.com)
- Matthew V. Crawford Sells 4,192 Shares of Park-Ohio Holdings Corp. (PKOH) Stock (americanbankingnews.com)
Shares of Park-Ohio Holdings Corp. (PKOH) traded up 2.72% during trading on Monday, hitting $41.50. 8,547 shares of the stock traded hands. Park-Ohio Holdings Corp. has a 1-year low of $30.01 and a 1-year high of $47.00. The stock has a 50-day moving average of $39.76 and a 200 day moving average of $38.34. The company has a market cap of $506.26 million, a P/E ratio of 15.71 and a beta of 3.42.
Park-Ohio Holdings Corp. (NASDAQ:PKOH) last announced its earnings results on Monday, August 7th. The industrial products company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.02. The business had revenue of $350.90 million for the quarter, compared to the consensus estimate of $355.83 million. Park-Ohio Holdings Corp. had a net margin of 2.50% and a return on equity of 16.90%. On average, equities research analysts predict that Park-Ohio Holdings Corp. will post $3.24 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 25th. Shareholders of record on Friday, August 11th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Wednesday, August 9th. Park-Ohio Holdings Corp.’s dividend payout ratio (DPR) is presently 18.80%.
A number of research analysts have recently commented on the stock. BidaskClub raised shares of Park-Ohio Holdings Corp. from a “sell” rating to a “hold” rating in a research 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 research note on Friday, August 18th. Finally, ValuEngine upgraded shares of Park-Ohio Holdings Corp. from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, September 6th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $44.00.
In related news, Director James W. Wert sold 2,500 shares of Park-Ohio Holdings Corp. stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $40.80, for a total value of $102,000.00. Following the sale, the director now owns 81,695 shares in the company, valued at $3,333,156. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Matthew V. Crawford sold 15,808 shares of Park-Ohio Holdings Corp. stock in a transaction on Monday, September 11th. The shares were sold at an average price of $39.47, for a total transaction of $623,941.76. Following the completion of the sale, the chief operating officer now owns 1,032,645 shares in the company, valued at approximately $40,758,498.15. The disclosure for this sale can be found here. Insiders sold 26,162 shares of company stock worth $1,041,861 in the last 90 days. 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.
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