For its third fiscal quarter (ending November 30), Park Aerospace Corp (NYSE: PKE) has reported a -45% decline in E.P.S. from $0.11 a year ago to $0.06 in the current quarter. For the latest four quarters through November 30, E.P.S. were $0.47 compared to $0.39 a year ago — an increase of 21%.
Recent Price Action
Park Aerospace Corp (NYSE: PKE) stock declined slightly by -0.5% on 1/9/24. The stock closed at $14.10. This decline was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months but has declined -4.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PKE is expected to continue to be a Value Builder.
Park Aerospace has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Park Aerospace has a very low Appreciation Score of 13 but a very high Power Rating of 85, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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