Value Line (NASDAQ:VALU) Issues Quarterly Earnings Results

Value Line (NASDAQ:VALU) released its earnings results on Friday. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, Zacks reports. Value Line had a return on equity of 22.29% and a net margin of 54.72%.

Value Line Price Performance

Value Line stock opened at $53.39 on Friday. Value Line has a one year low of $36.00 and a one year high of $57.68. The company’s fifty day moving average price is $50.91 and its two-hundred day moving average price is $45.74. The company has a market capitalization of $502.93 million, a price-to-earnings ratio of 25.18 and a beta of 0.81.

Value Line Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Monday, October 28th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.25%. The ex-dividend date was Monday, October 28th. Value Line’s payout ratio is presently 56.60%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Value Line from a “hold” rating to a “buy” rating in a research note on Wednesday, September 11th.

Value Line Company Profile

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.