Value Line (NASDAQ:VALU) Announces Earnings Results

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

Value Line Stock Performance

Shares of Value Line stock 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 stock has a 50 day moving average price of $41.76 and a two-hundred day moving average price of $46.41. The stock has a market capitalization of $372.95 million, a PE ratio of 16.85 and a beta of 0.74.

Value Line Announces Dividend

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

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Value Line from a “buy” rating to a “hold” rating in a research note 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.