Park Aerospace (NYSE:PKE) Issues Earnings Results

Park Aerospace (NYSE:PKE) posted its quarterly earnings results 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 Price Performance

Shares of Park Aerospace stock opened at $14.44 on Thursday. Park Aerospace has a 1 year low of $11.96 and a 1 year high of $16.96. The company has a market capitalization of $288.22 million, a price-to-earnings ratio of 42.47 and a beta of 0.43. The business has a fifty day simple moving average of $14.72 and a two-hundred day simple moving average of $13.87.

Park Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 4th. Investors of record on Friday, January 3rd will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date of this dividend is Friday, January 3rd. Park Aerospace’s dividend payout ratio (DPR) is presently 147.06%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Park Aerospace from a “buy” rating to a “hold” rating in a report on Tuesday.

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.