Park Aerospace (PKE) Set to Announce Quarterly Earnings on Tuesday

Park Aerospace (NYSE:PKE) is scheduled to be releasing its earnings data after the market closes on Tuesday, July 16th.

Park Aerospace (NYSE:PKE) last announced its quarterly earnings data on Thursday, May 30th. The semiconductor company reported $0.11 EPS for the quarter. The firm had revenue of $16.33 million during the quarter. Park Aerospace had a return on equity of 6.78% and a net margin of 13.34%.

Park Aerospace Trading Down 1.7 %

Park Aerospace stock opened at $13.66 on Monday. The firm has a market capitalization of $276.62 million, a P/E ratio of 36.92 and a beta of 0.40. Park Aerospace has a 1 year low of $13.03 and a 1 year high of $16.96. The business has a 50-day moving average of $13.80 and a 200-day moving average of $14.56.

Park Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 2nd. Stockholders of record on Monday, July 1st will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, July 1st. This represents a $0.50 annualized dividend and a dividend yield of 3.66%. Park Aerospace’s payout ratio is currently 135.14%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Park Aerospace from a “buy” rating to a “hold” rating in a research report on Thursday.

About Park Aerospace

Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts.