Park Aerospace (NYSE:PKE) Posts Earnings Results

Park Aerospace (NYSE:PKE) posted its quarterly earnings data on Tuesday. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, Zacks reports. Park Aerospace had a net margin of 11.82% and a return on equity of 6.61%.

Park Aerospace Stock Up 1.9 %

Park Aerospace stock traded up $0.26 during mid-day trading on Tuesday, hitting $14.24. The company’s stock had a trading volume of 79,361 shares, compared to its average volume of 44,054. The stock has a market capitalization of $284.26 million, a P/E ratio of 41.88 and a beta of 0.43. Park Aerospace has a twelve month low of $11.96 and a twelve month high of $16.96. The stock’s fifty day moving average price is $14.72 and its two-hundred day moving average price is $13.87.

Park Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 4th. Investors of record on Friday, January 3rd will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.51%. The ex-dividend date is Friday, January 3rd. Park Aerospace’s dividend payout ratio is presently 147.06%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Park Aerospace from a “hold” rating to a “buy” rating in a research note on Friday, December 27th.

About Park Aerospace

Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts.