Park-Ohio (NASDAQ:PKOH) Announces Quarterly Earnings Results

Park-Ohio (NASDAQ:PKOH) released its quarterly earnings results on Wednesday. The industrial products company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.01, Zacks reports. Park-Ohio had a net margin of 1.01% and a return on equity of 14.64%. Park-Ohio updated its FY 2025 guidance to EPS.

Park-Ohio Stock Performance

NASDAQ:PKOH traded down $0.10 during trading hours on Wednesday, hitting $22.80. 16,026 shares of the company were exchanged, compared to its average volume of 21,774. The company has a debt-to-equity ratio of 1.90, a current ratio of 2.45 and a quick ratio of 1.26. Park-Ohio has a 52-week low of $22.43 and a 52-week high of $34.50. The stock has a market capitalization of $320.16 million, a price-to-earnings ratio of 18.24 and a beta of 1.20. The company’s 50 day moving average price is $24.93 and its 200-day moving average price is $28.20.

Park-Ohio Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.19%. The ex-dividend date was Friday, February 7th. Park-Ohio’s payout ratio is currently 40.00%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Park-Ohio from a “hold” rating to a “buy” rating in a research note on Wednesday.

Insiders Place Their Bets

In related news, insider Robert D. Vilsack sold 3,556 shares of the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $31.67, for a total value of $112,618.52. Following the transaction, the insider now directly owns 187,764 shares of the company’s stock, valued at $5,946,485.88. This represents a 1.86 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Patrick V. Auletta sold 9,800 shares of Park-Ohio stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $31.43, for a total value of $308,014.00. Following the sale, the director now directly owns 12,135 shares of the company’s stock, valued at approximately $381,403.05. This represents a 44.68 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 33.04% of the company’s stock.

Park-Ohio Company Profile

Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply Technologies, Assembly Components, and Engineered Products.