Park Electrochemical Corporation (PKE) Receives News Impact Score of 0.16
News stories about Park Electrochemical Corporation (NYSE:PKE) have been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Park Electrochemical Corporation earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 45.7406071791246 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Park Electrochemical Corporation (NYSE PKE) opened at $18.94 on Friday. The stock has a market capitalization of $382.69, a PE ratio of 39.94 and a beta of 0.89. The company has a debt-to-equity ratio of 0.37, a current ratio of 15.23 and a quick ratio of 14.56. Park Electrochemical Corporation has a 12-month low of $16.00 and a 12-month high of $20.24.
Park Electrochemical Corporation (NYSE:PKE) last announced its earnings results on Tuesday, October 3rd. The semiconductor company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.01). The firm had revenue of $29.84 million during the quarter, compared to analysts’ expectations of $28.00 million. Park Electrochemical Corporation had a return on equity of 5.12% and a net margin of 5.63%. During the same period in the previous year, the business posted $0.10 earnings per share. equities analysts anticipate that Park Electrochemical Corporation will post 0.54 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 3rd were given a $0.10 dividend. The ex-dividend date was Monday, October 2nd. This represents a $0.40 annualized dividend and a yield of 2.11%. Park Electrochemical Corporation’s payout ratio is 129.03%.
Several equities research analysts recently commented on PKE shares. BidaskClub downgraded Park Electrochemical Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Zacks Investment Research cut Park Electrochemical Corporation from a “hold” rating to a “sell” rating in a research report on Saturday, October 7th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $22.00 target price on shares of Park Electrochemical Corporation in a research report on Friday, September 1st.
About Park Electrochemical Corporation
Park Electrochemical Corp. is a global advanced materials company. The Company develops, manufactures, markets and sells digital and radio frequency (RF)/microwave printed circuit materials products principally for the telecommunications and Internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling products for the aerospace markets.
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