Value Line (NASDAQ:VALU) Announces Earnings Results

Value Line (NASDAQ:VALU) released its quarterly earnings data on Friday. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $8.97 million during the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%. During the same period in the previous year, the firm posted $1.51 EPS.

Value Line Stock Performance

VALU opened at $39.60 on Friday. Value Line has a 52 week low of $32.94 and a 52 week high of $57.68. The company has a fifty day moving average price of $41.48 and a two-hundred day moving average price of $46.42. The firm has a market capitalization of $372.95 million, a PE ratio of 16.85 and a beta of 0.74.

Value Line Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 10th. Stockholders of record on Monday, January 27th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.03%. Value Line’s payout ratio is currently 51.06%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Value Line from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.

About Value Line

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.