News coverage about Park-Ohio Holdings Corp. (NASDAQ:PKOH) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Park-Ohio Holdings Corp. earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 73 out of 100, meaning that recent press coverage is likely to have an impact on the company’s share price in the near term.
PKOH has been the subject of a number of research reports. Zacks Investment Research upgraded Park-Ohio Holdings Corp. from a “sell” rating to a “hold” rating in a report on Saturday, May 13th. TheStreet raised Park-Ohio Holdings Corp. from a “c” rating to a “b-” rating in a research report on Monday, May 8th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $45.75.
Shares of Park-Ohio Holdings Corp. (NASDAQ PKOH) traded up 2.37% during midday trading on Wednesday, hitting $38.95. The stock had a trading volume of 6,702 shares. Park-Ohio Holdings Corp. has a one year low of $28.00 and a one year high of $47.00. The firm has a market capitalization of $475.31 million, a PE ratio of 12.38 and a beta of 3.47. The firm’s 50-day moving average price is $37.13 and its 200-day moving average price is $39.73.
Park-Ohio Holdings Corp. (NASDAQ:PKOH) last issued its quarterly earnings results on Monday, May 8th. The industrial products company reported $0.68 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.69 by $0.01. The business had revenue of $343.80 million for the quarter, compared to analyst estimates of $342.47 million. Park-Ohio Holdings Corp. had a return on equity of 16.89% and a net margin of 3.00%. On average, equities analysts predict that Park-Ohio Holdings Corp. will post $3.20 EPS for the current year.
In other Park-Ohio Holdings Corp. news, Director Patrick V. Auletta sold 2,010 shares of Park-Ohio Holdings Corp. stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $38.55, for a total transaction of $77,485.50. Following the transaction, the director now owns 18,645 shares of the company’s stock, valued at approximately $718,764.75. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 31.00% of the stock is currently owned by company insiders.
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Park-Ohio Holdings Corp. Company Profile
Park-Ohio Holdings Corp. is a diversified international company providing supply chain management outsourcing services, capital equipment used on their production lines and manufactured components used to assemble its products. The Company operates in three segments: Supply Technologies, Assembly Components and Engineered Products.
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