Park-Ohio (NASDAQ:PKOH - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday.
Other equities research analysts have also issued reports about the stock. Zacks Research upgraded shares of Park-Ohio to a "hold" rating in a research report on Monday, February 9th. Weiss Ratings reissued a "hold (c)" rating on shares of Park-Ohio in a report on Thursday, January 22nd. Finally, KeyCorp raised shares of Park-Ohio from a "sector weight" rating to an "overweight" rating and set a $37.00 target price for the company in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Park-Ohio presently has a consensus rating of "Hold" and a consensus price target of $37.00.
View Our Latest Report on Park-Ohio
Park-Ohio Trading Down 8.0%
NASDAQ:PKOH opened at $25.59 on Friday. Park-Ohio has a 1 year low of $15.52 and a 1 year high of $29.50. The company has a debt-to-equity ratio of 1.74, a quick ratio of 1.32 and a current ratio of 2.56. The stock has a fifty day moving average price of $24.28 and a two-hundred day moving average price of $21.96. The stock has a market capitalization of $368.50 million, a price-to-earnings ratio of 14.96 and a beta of 1.11.
Park-Ohio (NASDAQ:PKOH - Get Free Report) last posted its quarterly earnings results on Wednesday, March 4th. The industrial products company reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.09). Park-Ohio had a return on equity of 10.22% and a net margin of 1.49%.The company had revenue of $395.00 million for the quarter, compared to analyst estimates of $402.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Park-Ohio by 10.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,449 shares of the industrial products company's stock worth $118,000 after buying an additional 527 shares during the period. Jones Financial Companies Lllp purchased a new stake in shares of Park-Ohio in the first quarter worth about $80,000. First Eagle Investment Management LLC grew its stake in shares of Park-Ohio by 18.8% in the second quarter. First Eagle Investment Management LLC now owns 386,025 shares of the industrial products company's stock valued at $6,894,000 after buying an additional 61,132 shares in the last quarter. CM Wealth Advisors LLC lifted its position in Park-Ohio by 4.2% during the 2nd quarter. CM Wealth Advisors LLC now owns 107,676 shares of the industrial products company's stock worth $1,923,000 after acquiring an additional 4,350 shares in the last quarter. Finally, Acadian Asset Management LLC grew its position in Park-Ohio by 2.9% in the second quarter. Acadian Asset Management LLC now owns 234,968 shares of the industrial products company's stock valued at $4,193,000 after acquiring an additional 6,530 shares in the last quarter. Hedge funds and other institutional investors own 51.38% of the company's stock.
About Park-Ohio
(
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Park-Ohio Holdings Corp is a diversified industrial company that supplies engineered products and distribution services to a broad array of end markets. Through its two primary operating segments—Engineered Solutions and Supply Chain Solutions—the company delivers metal components, assemblies and value-added distribution tailored to energy, transportation, industrial and commercial applications.
The Engineered Solutions segment provides design, machining, fabrication and assembly of custom metal parts, including heat exchangers, welded assemblies, tubing products and precision-machined components.
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