Park-Ohio (NASDAQ:PKOH) Issues FY 2025 Earnings Guidance

Key Points

• Park-Ohio has issued FY 2025 earnings guidance expecting EPS between $2.900 and $3.200, which is below the consensus estimate of $3.240.
• The company reported a quarterly revenue of $400.10 million, missing the analysts' expectations of $416.10 million.
• Park-Ohio declared a quarterly dividend of $0.125 per share, representing an annual yield of 2.8%.

Park-Ohio (NASDAQ:PKOH - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 2.900-3.200 for the period, compared to the consensus EPS estimate of 3.240. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

Park-Ohio Stock Performance

NASDAQ PKOH traded up $2.13 on Thursday, hitting $18.12. 32,415 shares of the stock traded hands, compared to its average volume of 27,049. Park-Ohio has a 12 month low of $15.52 and a 12 month high of $34.50. The business's fifty day moving average is $17.58 and its two-hundred day moving average is $20.38. The firm has a market capitalization of $257.78 million, a price-to-earnings ratio of 7.91 and a beta of 1.30. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.25 and a current ratio of 2.41.

Park-Ohio (NASDAQ:PKOH - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.76 by ($0.01). The company had revenue of $400.10 million for the quarter, compared to the consensus estimate of $416.10 million. Park-Ohio had a net margin of 1.86% and a return on equity of 13.76%.

Park-Ohio Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 1st will be given a dividend of $0.125 per share. The ex-dividend date is Friday, August 1st. This represents a $0.50 dividend on an annualized basis and a yield of 2.8%. Park-Ohio's dividend payout ratio (DPR) is presently 21.83%.

Institutional Trading of Park-Ohio

An institutional investor recently bought a new position in Park-Ohio stock. Jones Financial Companies Lllp bought a new stake in shares of Park-Ohio Holdings Corp. (NASDAQ:PKOH - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,703 shares of the industrial products company's stock, valued at approximately $80,000. 51.38% of the stock is owned by hedge funds and other institutional investors.

Park-Ohio Company Profile

Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply Technologies, Assembly Components, and Engineered Products.

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