Park Electrochemical (PKE) Receiving Somewhat Favorable Press Coverage, Analysis Shows
Media coverage about Park Electrochemical (NYSE:PKE) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Park Electrochemical earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 45.087786955893 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
PKE has been the topic of several analyst reports. Zacks Investment Research cut Park Electrochemical from a “hold” rating to a “sell” rating in a report on Saturday, October 7th. Needham & Company LLC reiterated a “buy” rating and issued a $22.00 target price on shares of Park Electrochemical in a report on Friday, September 1st. Finally, BidaskClub cut Park Electrochemical from a “hold” rating to a “sell” rating in a report on Thursday, August 10th.
Shares of Park Electrochemical (NYSE:PKE) opened at $19.21 on Monday. Park Electrochemical has a twelve month low of $16.00 and a twelve month high of $20.24. The company has a market capitalization of $388.76, a P/E ratio of 40.87 and a beta of 0.88. The company has a quick ratio of 14.56, a current ratio of 15.23 and a debt-to-equity ratio of 0.37.
Park Electrochemical (NYSE:PKE) last issued its quarterly earnings results on Tuesday, October 3rd. The semiconductor company reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.01). Park Electrochemical had a net margin of 5.63% and a return on equity of 5.12%. The business had revenue of $29.84 million during the quarter, compared to analyst estimates of $28.00 million. During the same period last year, the firm posted $0.10 earnings per share. equities analysts predict that Park Electrochemical will post 0.54 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 3rd were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend was Monday, October 2nd. Park Electrochemical’s dividend payout ratio (DPR) is presently 129.03%.
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Park Electrochemical Company Profile
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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