Park Electrochemical (NYSE:PKE) posted its earnings results on Thursday. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.03, MarketWatch Earnings reports. Park Electrochemical had a net margin of 25.50% and a return on equity of 5.10%.
Shares of Park Electrochemical stock opened at $20.44 on Friday. Park Electrochemical has a 1-year low of $16.45 and a 1-year high of $24.16. The firm has a market capitalization of $366.41 million, a PE ratio of 47.55 and a beta of 0.75.
The company also recently disclosed a special dividend, which will be paid on Tuesday, February 26th. Stockholders of record on Tuesday, February 5th will be paid a $4.25 dividend. This is a boost from Park Electrochemical’s previous special dividend of $3.00.
Separately, ValuEngine cut shares of Park Electrochemical from a “buy” rating to a “hold” rating in a research note on Tuesday, September 18th.
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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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