Somewhat Favorable News Coverage Somewhat Unlikely to Affect Park Electrochemical Corporation (PKE) Stock Price
Media stories about Park Electrochemical Corporation (NYSE:PKE) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Park Electrochemical Corporation earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 45.6610818146793 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
PKE has been the subject of several recent analyst reports. BidaskClub cut Park Electrochemical Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. Zacks Investment Research raised Park Electrochemical Corporation from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd.
Park Electrochemical Corporation (NYSE PKE) traded up 0.17% on Friday, hitting $18.04. The stock had a trading volume of 22,987 shares. Park Electrochemical Corporation has a 1-year low of $13.76 and a 1-year high of $20.24. The firm’s 50-day moving average price is $18.16 and its 200-day moving average price is $18.00. The firm has a market cap of $365.02 million, a P/E ratio of 47.47 and a beta of 0.83.
Park Electrochemical Corporation (NYSE:PKE) last released its earnings results on Wednesday, June 28th. The semiconductor company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.01. Park Electrochemical Corporation had a return on equity of 4.92% and a net margin of 6.99%. The business had revenue of $27.42 million for the quarter, compared to the consensus estimate of $29 million. During the same quarter in the previous year, the company earned $0.15 earnings per share. On average, equities research analysts predict that Park Electrochemical Corporation will post $0.64 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, August 1st. Stockholders of record on Wednesday, July 5th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date was Friday, June 30th. Park Electrochemical Corporation’s payout ratio is 105.27%.
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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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