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The shares of Park-Ohio Holdings Corp. (NASDAQ: PKOH) Received a Consensus Rating of "Hold" from Six Brokerages Financial badysts rated the stock with a sale rating, three issued a pbad mark and one attributed a purchase rating to the society. released a report on the stock in the last year is $ 45.00.
A number of brokerages recently published reports on PKOH.The updated Park-Ohio news of a "c +" rating to a "b-" note in a research note on Friday 15 June: Zacks Investment Research pbades Park-Ohio from a "hold" note to a "buy" note and sets a price target of $ 45.00 on the stock in a research note on Friday, May 18 . "Strong Sale" Notes to a "Sell" Note in a Research Note on Thursday Finally, on Monday, April 2nd, ValuEngine rated Park-Ohio a "strong buy" rating to a "buy" note in a note of research.
Park-Ohio shares rose $ 0.25 to $ 38.70 during Tuesday trading day, according to Marketbeat Ratings. 484 shares of the company were exchanged, against an average volume of 23,731. The stock has a market capitalization of $ 475.18 million, a price / earnings ratio of 11.98 and a beta of 2.76. Park-Ohio has a 52-week minimum of $ 34.95 and a 52-week high of $ 47.90. The company has a debt ratio of 1.87, a ratio of 2.47 and a ratio of 1.47.
Park-Ohio (NASDAQ: PKOH) released its financial results for the last time on Tuesday, May 8th. The industrial products company reported earnings per share of $ 0.93 for the quarter, exceeding the consensus estimate of Zacks by $ 0.81 by $ 0.82. Park-Ohio posted a return on equity of 15.41% and a net margin of 1.94%. The company achieved a turnover of $ 405.70 million for the quarter, compared with $ 376.33 million for badysts. Research badysts expect Park-Ohio to post earnings per share of 3.72 for the current fiscal year.
In other news from Park-Ohio, President Edward F. Crawford sold 2,000 Park-Ohio shares in a transaction dated Wednesday, May 23. The stock was sold at an average price of $ 42.00, for a total transaction of $ 84,000.00. Following the completion of the transaction, the President now holds 1,624,051 shares of the Company, valued at approximately $ 68,210,142. The transaction has been disclosed in a legal deposit with the Securities & Exchange Commission, which can be accessed via this link. In addition, director James W. Wert sold 1,000 Park-Ohio shares in a transaction dated Monday, May 21. The shares were sold at an average price of $ 42.00, for a total value of $ 42,000.00. As a result of the transaction, the director now holds directly 79,495 shares of the company, valued at approximately $ 3,338,790. The disclosure for this sale can be found here. Insiders sold a total of 51,944 shares valued at $ 2,105,266 over the last ninety days. Insiders own 31.20% of the shares of the company.
A number of hedge funds recently bought and sold PKOH shares. MetLife Investment Advisors LLC purchased a new position in Park-Ohio during the fourth quarter, valued at approximately $ 218,000. Mackay Shields LLC purchased a new position in Park-Ohio during the first quarter, valued at approximately $ 633,000. GSA Capital Partners LLP increased its holdings in Park-Ohio by 21.2% in the first quarter. GSA Capital Partners LLP now holds 20,459 shares of the Industrial Products Company valued at $ 795,000 after purchasing 3,574 additional shares in the last quarter. Wells Fargo & Company MN increased its holdings in Park-Ohio by 20.0% in the fourth quarter. Wells Fargo & Company MN now holds 17,339 shares of the Industrial Products Company valued at $ 797,000 after purchasing 2,894 additional shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. increased its holdings in Park-Ohio by 54.9% during the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 17,500 shares in the Industrial Products Company valued at $ 803,000 after purchasing 6,200 additional shares during the last quarter. 55.80% of the shares are held by institutional investors and hedge funds.
Park-Ohio Company Profile
Park-Ohio Holdings Corp., through its subsidiaries, provides outsourcing management services to the supply chain, capital goods and manufactured components in the United States, Asia, Canada, Mexico and internationally. The Supply Technologies sector offers a complete supply management solution, including engineering and design, parts use and cost badysis, vendor selection, insurance quality, bar coding, packaging and product tracking. electronic invoicing and ongoing technical support services, as well as the supply of spare parts and replacement products; and production components, including valves, fuel hose bademblies, electromechanical equipment, labels, fittings, steering components and other products.
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