Somewhat Favorable News Coverage Somewhat Unlikely to Impact Park-Ohio (PKOH) Stock Price
Media stories about Park-Ohio (NASDAQ:PKOH) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Park-Ohio earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 47.9035381374584 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
PKOH traded down $0.10 during trading on Friday, reaching $38.85. The company had a trading volume of 20,173 shares, compared to its average volume of 21,020. The stock has a market capitalization of $492.62, a P/E ratio of 12.03 and a beta of 2.79. Park-Ohio has a 12-month low of $34.33 and a 12-month high of $47.90. The company has a current ratio of 2.43, a quick ratio of 1.40 and a debt-to-equity ratio of 1.79.
Park-Ohio (NASDAQ:PKOH) last issued its quarterly earnings results on Monday, March 5th. The industrial products company reported $0.86 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.05. The firm had revenue of $366.00 million for the quarter, compared to analysts’ expectations of $356.10 million. Park-Ohio had a return on equity of 15.04% and a net margin of 2.02%. research analysts predict that Park-Ohio will post 3.68 earnings per share for the current year.
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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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