Park Electrochemical Corporation (PKE) Scheduled to Post Earnings on Tuesday
Park Electrochemical Corporation (NYSE:PKE) will be posting its quarterly earnings results before the market opens on Tuesday, October 3rd. Analysts expect Park Electrochemical Corporation to post earnings of $0.13 per share for the quarter.
Park Electrochemical Corporation (NYSE:PKE) opened at 18.50 on Monday. The firm has a market capitalization of $374.33 million, a PE ratio of 48.68 and a beta of 0.85. The company’s 50-day moving average is $18.04 and its 200 day moving average is $17.85. Park Electrochemical Corporation has a 1-year low of $13.76 and a 1-year high of $20.24.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 7th. Investors of record on Tuesday, October 3rd will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend is Monday, October 2nd. Park Electrochemical Corporation’s payout ratio is 105.27%.
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Several brokerages have issued reports on PKE. Zacks Investment Research upgraded shares of Park Electrochemical Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. BidaskClub cut Park Electrochemical Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Finally, Needham & Company LLC reaffirmed 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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