Park Ohio Holdings Corp. (NASDAQ: PKOH) has reported E.P.S. of $0.56 for its fourth fiscal quarter (ending December 31) versus $-0.58 for the same period a year ago. For the latest four quarters through December 31, E.P.S. were $2.76 compared to $0.83 a year ago.
Recent Price Action
Park Ohio Holdings Corp. (NASDAQ: PKOH) stock closed at $25.86 on 3/5/24 after a decline of -2.5%. However, trading volume in this decline was exceptionally low at 43% of normal. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PKOH is expected to continue to be a major Value Builder.
Park Ohio Holdings has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock's attractiveness. Park Ohio Holdings has a neutral Appreciation Score of 48 but a very high Power Rating of 94, producing the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.