Park-Ohio Holdings Corp. (NASDAQ:PKOH) has received an average rating of “Hold” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company.

Several analysts have recently issued reports on PKOH shares. Zacks Investment Research upgraded Park-Ohio from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a research note on Tuesday, January 23rd. ValuEngine cut Park-Ohio from a “strong-buy” rating to a “buy” rating in a research note on Monday, April 2nd. BidaskClub upgraded Park-Ohio from a “hold” rating to a “buy” rating in a research note on Friday, December 29th. Finally, TheStreet cut Park-Ohio from a “b-” rating to a “c+” rating in a research note on Wednesday, April 11th.

NASDAQ:PKOH traded down $0.10 during trading hours on Thursday, reaching $38.85. 20,173 shares of the stock were exchanged, compared to its average volume of 21,020. The company has a quick ratio of 1.40, a current ratio of 2.43 and a debt-to-equity ratio of 1.79. Park-Ohio has a twelve month low of $34.33 and a twelve month high of $47.90. The stock has a market capitalization of $492.62, a price-to-earnings ratio of 12.03 and a beta of 2.79.

Park-Ohio (NASDAQ:PKOH) last released its quarterly earnings results on Monday, March 5th. The industrial products company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. Park-Ohio had a return on equity of 15.04% and a net margin of 2.02%. The company had revenue of $366.00 million for the quarter, compared to analysts’ expectations of $356.10 million. sell-side analysts expect that Park-Ohio will post 3.68 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in PKOH. MetLife Investment Advisors LLC acquired a new stake in shares of Park-Ohio in the fourth quarter valued at $218,000. Cornerstone Capital Management Holdings LLC. raised its stake in shares of Park-Ohio by 117.3% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 11,300 shares of the industrial products company’s stock valued at $514,000 after acquiring an additional 6,100 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Park-Ohio by 48.5% in the third quarter. Wells Fargo & Company MN now owns 14,445 shares of the industrial products company’s stock valued at $658,000 after buying an additional 4,721 shares during the last quarter. Deutsche Bank AG increased its holdings in Park-Ohio by 141.6% in the fourth quarter. Deutsche Bank AG now owns 19,964 shares of the industrial products company’s stock valued at $916,000 after buying an additional 11,702 shares during the last quarter. Finally, Alambic Investment Management L.P. increased its holdings in Park-Ohio by 12.2% in the fourth quarter. Alambic Investment Management L.P. now owns 22,116 shares of the industrial products company’s stock valued at $1,016,000 after buying an additional 2,400 shares during the last quarter. Institutional investors and hedge funds own 55.27% of the company’s stock.

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About Park-Ohio

Park-Ohio Holdings Corp., through its subsidiaries, provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Asia, Europe, Canada, Mexico, and internationally. The company's Supply Technologies segment offers Total Supply Management solution, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing, and ongoing technical support services, as well as provides spare parts and aftermarket products; and production components, including valves, fuel hose assemblies, electro-mechanical hardware, labels, fittings, steering components, and other products.

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