News articles about Park-Ohio (NASDAQ:PKOH) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Park-Ohio earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 48.1852544422506 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

A number of research analysts have recently issued reports on the stock. TheStreet upgraded shares of Park-Ohio from a “c+” rating to a “b-” rating in a research note on Friday, June 15th. Zacks Investment Research upgraded shares of Park-Ohio from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Tuesday, August 14th. ValuEngine upgraded shares of Park-Ohio from a “hold” rating to a “buy” rating in a research note on Tuesday, May 22nd. Finally, BidaskClub upgraded shares of Park-Ohio from a “strong sell” rating to a “sell” rating in a research note on Thursday, May 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $45.00.

NASDAQ:PKOH opened at $41.10 on Friday. Park-Ohio has a 1 year low of $34.95 and a 1 year high of $47.90. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.55 and a quick ratio of 1.54. The company has a market capitalization of $533.62 million, a PE ratio of 12.72 and a beta of 2.77.

Park-Ohio (NASDAQ:PKOH) last posted its earnings results on Thursday, August 9th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.14. Park-Ohio had a net margin of 2.60% and a return on equity of 15.68%. The company had revenue of $432.20 million during the quarter, compared to analysts’ expectations of $397.83 million. sell-side analysts anticipate that Park-Ohio will post 3.89 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, August 27th. Stockholders of record on Monday, August 13th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend was Friday, August 10th. Park-Ohio’s dividend payout ratio (DPR) is currently 15.48%.

In other news, Director Ronna Romney sold 5,060 shares of Park-Ohio stock in a transaction that occurred on Wednesday, June 27th. The shares were sold at an average price of $38.41, for a total value of $194,354.60. Following the completion of the transaction, the director now owns 23,684 shares in the company, valued at $909,702.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Edward F. Crawford sold 48,186 shares of Park-Ohio stock in a transaction that occurred on Tuesday, August 28th. The shares were sold at an average price of $40.59, for a total transaction of $1,955,869.74. Following the completion of the transaction, the insider now owns 1,522,148 shares of the company’s stock, valued at approximately $61,783,987.32. The disclosure for this sale can be found here. Insiders sold 68,746 shares of company stock valued at $2,773,974 in the last quarter. 31.20% of the stock is currently owned by corporate insiders.

Park-Ohio Company Profile

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.

Recommended Story: What does earnings per share mean?

Insider Buying and Selling by Quarter for Park-Ohio (NASDAQ:PKOH)

Receive News & Ratings for Park-Ohio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Park-Ohio and related companies with MarketBeat.com's FREE daily email newsletter.