Value Line (NASDAQ:VALU) Posts 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) issued its quarterly earnings data on Monday. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, Zacks reports. Value Line had a return on equity of 21.26% and a net margin of 58.97%.

Value Line Stock Up 0.6%

Shares of Value Line stock traded up $0.22 during midday trading on Monday, hitting $38.21. The company's stock had a trading volume of 3,708 shares, compared to its average volume of 5,730. The firm has a market capitalization of $359.56 million, a P/E ratio of 17.45 and a beta of 1.11. Value Line has a 1-year low of $32.94 and a 1-year high of $57.68. The stock has a 50-day simple moving average of $38.21 and a 200-day simple moving average of $38.85.

Value Line Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Monday, July 28th were given a $0.325 dividend. This represents a $1.30 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Monday, July 28th. Value Line's dividend payout ratio (DPR) is 59.36%.

Wall Street Analyst Weigh In

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

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.

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