Alert: New Earnings Report (5/30/24)-Park Aerospace Corp (NYSE: PKE).

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For its fourth fiscal quarter (ending February 28), Park Aerospace Corp (NYSE: PKE) has reported E.P.S. of $0.13 compared to $0.23 a year ago. E.P.S. were $0.37 for the latest four quarters through February 28 versus $0.52 for the same period a year ago.

Recent Price Action

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On 5/30/24, Park Aerospace Corp (NYSE: PKE) stock rose modestly by 0.5%, closing at $14.09. However, below average trading volume at 81% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has declined -2.6% during the last week.

Current PriceTarget Research Rating

PKE’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Park Aerospace has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Park Aerospace has a neutral Power Rating of 46 but a very low Appreciation Score of 13, producing the Lowest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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