Park Electrochemical (NYSE:PKE) Issues Quarterly Earnings Results

Park Electrochemical (NYSE:PKE) issued its quarterly earnings results on Thursday. The semiconductor company reported $0.14 earnings per share for the quarter, Bloomberg Earnings reports. Park Electrochemical had a return on equity of 6.72% and a net margin of 193.18%. The business had revenue of $15.85 million for the quarter.

NYSE PKE opened at $16.72 on Friday. The business has a fifty day moving average price of $16.30 and a 200 day moving average price of $16.93. Park Electrochemical has a one year low of $14.88 and a one year high of $23.30. The company has a market cap of $338.34 million, a P/E ratio of 32.33 and a beta of 1.04.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 4th. Investors of record on Thursday, January 2nd will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.39%. The ex-dividend date is Tuesday, December 31st.

Separately, ValuEngine upgraded Park Electrochemical from a “hold” rating to a “buy” rating in a research report on Monday, November 11th.

About Park Electrochemical

Park Electrochemical Corp., through its subsidiaries, develops, manufactures, markets, and sells high-technology digital and radio frequency/microwave printed circuit material products primarily for the telecommunications and Internet infrastructure, enterprise, and military/aerospace markets. It also designs, develops, and manufactures advanced composite materials, primary and secondary structures and assemblies, and low-volume tooling products for the aerospace markets.

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Earnings History for Park Electrochemical (NYSE:PKE)

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