Value Line (NASDAQ:VALU) Announces Quarterly Earnings Results

Key Points

• Value Line reported $0.69 earnings per share (EPS) for the quarter, with a return on equity of 21.26% and a net margin of 58.97%.
• The company announced a quarterly dividend of $0.325, translating to an annualized dividend of $1.30 and a dividend yield of 3.4%.
• Wall Street Zen upgraded Value Line to a "hold" rating in a recent research note, indicating a more cautious outlook on the stock.

Value Line (NASDAQ:VALU - Get Free Report) posted its quarterly earnings data on Monday. The financial services provider reported $0.69 earnings per share for the quarter, Zacks reports. The business had revenue of $8.61 million during the quarter. Value Line had a return on equity of 21.35% and a net margin of 61.09%.

Value Line Trading Down 1.4%

Shares of Value Line stock traded down $0.54 during trading hours on Friday, hitting $37.98. 7,446 shares of the company were exchanged, compared to its average volume of 6,555. The business has a 50-day moving average of $38.20 and a 200-day moving average of $38.83. The stock has a market capitalization of $357.39 million, a price-to-earnings ratio of 16.81 and a beta of 1.11. Value Line has a 1 year low of $32.94 and a 1 year high of $57.68.

Value Line Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Monday, July 28th were paid a dividend of $0.325 per share. This represents a $1.30 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Monday, July 28th. Value Line's dividend payout ratio is 57.52%.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Value Line to a "hold" rating in a research note on Saturday, September 13th.

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.