Is Park Ohio Stock a Good Investment?
Park Ohio Investment Advice | PKOH |
- Examine Park Ohio's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Park Ohio's leadership team and their track record. Good management can help Park Ohio navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Park Ohio's business and its evolving consumer preferences.
- Compare Park Ohio's performance and market position to its competitors. Analyze how Park Ohio is positioned in terms of product offerings, innovation, and market share.
- Check if Park Ohio pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Park Ohio's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Park Ohio Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Park Ohio Holdings is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Park Ohio Stock
Researching Park Ohio's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 33.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.39. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Park Ohio Holdings has Price/Earnings To Growth (PEG) ratio of 1.09. The entity last dividend was issued on the 15th of November 2024. The firm had 2:1 split on the 6th of April 1981.
To determine if Park Ohio is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Park Ohio's research are outlined below:
| Park Ohio Holdings has a strong financial position based on the latest SEC filings | |
| About 33.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Unpacking Q3 Earnings RBC Bearings In The Context Of Other Engineered Components and Systems Stocks |
Park Ohio Quarterly Gross Profit |
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Park Ohio uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Park Ohio Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Park Ohio's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Park Ohio's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Park Ohio's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-05-03 | 2010-03-31 | 0.15 | 0.18 | 0.03 | 20 | ||
1997-02-18 | 1996-12-31 | 0.19 | 0.22 | 0.03 | 15 | ||
2008-11-03 | 2008-09-30 | 0.28 | 0.24 | -0.04 | 14 | ||
2008-05-12 | 2008-03-31 | 0.34 | 0.3 | -0.04 | 11 | ||
1996-10-25 | 1996-09-30 | 0.23 | 0.19 | -0.04 | 17 | ||
1994-07-18 | 1994-06-30 | 0.35 | 0.39 | 0.04 | 11 | ||
2022-08-02 | 2022-06-30 | 0.26 | 0.21 | -0.05 | 19 | ||
2008-08-11 | 2008-06-30 | 0.44 | 0.49 | 0.05 | 11 |
Know Park Ohio's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Park Ohio is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Park Ohio Holdings backward and forwards among themselves. Park Ohio's institutional investor refers to the entity that pools money to purchase Park Ohio's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-06-30 | 133.3 K | Cm Wealth Advisors Llc | 2024-06-30 | 118.1 K | Bank Of New York Mellon Corp | 2024-06-30 | 95.2 K | Jb Capital Partners Lp | 2024-09-30 | 76.9 K | Northern Trust Corp | 2024-09-30 | 64.9 K | Segall Bryant & Hamill | 2024-09-30 | 57.3 K | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 56.9 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 46.2 K | Amvescap Plc. | 2024-06-30 | 46.2 K | Private Management Group Inc | 2024-09-30 | 971.7 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 931.1 K |
Park Ohio's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 458.75 M.Market Cap |
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Park Ohio's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.09 | 0.05 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.03 | 0.03 |
Determining Park Ohio's profitability involves analyzing its financial statements and using various financial metrics to determine if Park Ohio is a good buy. For example, gross profit margin measures Park Ohio's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Park Ohio's profitability and make more informed investment decisions.
Park Ohio's Earnings Breakdown by Geography
Evaluate Park Ohio's management efficiency
Park Ohio Holdings has return on total asset (ROA) of 0.0422 % which means that it generated a profit of $0.0422 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.131 %, meaning that it created $0.131 on every $100 dollars invested by stockholders. Park Ohio's management efficiency ratios could be used to measure how well Park Ohio manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Park Ohio's Return On Tangible Assets are decreasing as compared to previous years. The Park Ohio's current Return On Assets is estimated to increase to 0.01, while Return On Capital Employed is projected to decrease to 0.05. As of now, Park Ohio's Return On Tangible Assets are decreasing as compared to previous years. The Park Ohio's current Intangibles To Total Assets is estimated to increase to 0.15, while Total Assets are projected to decrease to under 679.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 23.58 | 24.76 | |
| Tangible Book Value Per Share | 8.65 | 5.87 | |
| Enterprise Value Over EBITDA | 8.15 | 5.50 | |
| Price Book Value Ratio | 1.18 | 1.45 | |
| Enterprise Value Multiple | 8.15 | 5.50 | |
| Price Fair Value | 1.18 | 1.45 | |
| Enterprise Value | 964.5 M | 1 B |
The management team at Park Ohio has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Dividend Yield 0.0153 | Forward Dividend Yield 0.0153 | Forward Dividend Rate 0.5 | Beta 1.162 |
Basic technical analysis of Park Stock
As of the 28th of November, Park Ohio holds the Coefficient Of Variation of 1672.21, risk adjusted performance of 0.0527, and Semi Deviation of 1.95. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Park Ohio, as well as the relationship between them.Park Ohio's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Park Ohio insiders, such as employees or executives, is commonly permitted as long as it does not rely on Park Ohio's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Park Ohio insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Park Ohio's Outstanding Corporate Bonds
Park Ohio issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Park Ohio Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Park bonds can be classified according to their maturity, which is the date when Park Ohio Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Park Ohio Industries 6625 Corp BondUS700677AR89 | View |
Understand Park Ohio's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Park Ohio's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0527 | |||
| Market Risk Adjusted Performance | 0.0685 | |||
| Mean Deviation | 1.59 | |||
| Semi Deviation | 1.95 | |||
| Downside Deviation | 2.12 | |||
| Coefficient Of Variation | 1672.21 | |||
| Standard Deviation | 2.58 | |||
| Variance | 6.63 | |||
| Information Ratio | 0.0092 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0111 | |||
| Treynor Ratio | 0.0585 | |||
| Maximum Drawdown | 19.17 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 2.61 | |||
| Downside Variance | 4.51 | |||
| Semi Variance | 3.78 | |||
| Expected Short fall | (1.65) | |||
| Skewness | 2.74 | |||
| Kurtosis | 16.66 |
| Risk Adjusted Performance | 0.0527 | |||
| Market Risk Adjusted Performance | 0.0685 | |||
| Mean Deviation | 1.59 | |||
| Semi Deviation | 1.95 | |||
| Downside Deviation | 2.12 | |||
| Coefficient Of Variation | 1672.21 | |||
| Standard Deviation | 2.58 | |||
| Variance | 6.63 | |||
| Information Ratio | 0.0092 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0111 | |||
| Treynor Ratio | 0.0585 | |||
| Maximum Drawdown | 19.17 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 2.61 | |||
| Downside Variance | 4.51 | |||
| Semi Variance | 3.78 | |||
| Expected Short fall | (1.65) | |||
| Skewness | 2.74 | |||
| Kurtosis | 16.66 |
Consider Park Ohio's intraday indicators
Park Ohio intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Park Ohio stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Park Ohio Corporate Filings
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 26th of September 2024 An amendment to the original Schedule 13D filing | ViewVerify |
F4 | 29th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Park Stock media impact
Far too much social signal, news, headlines, and media speculation about Park Ohio that are available to investors today. That information is available publicly through Park media outlets and privately through word of mouth or via Park internal channels. However, regardless of the origin, that massive amount of Park data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Park Ohio news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Park Ohio relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Park Ohio's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Park Ohio alpha.
Park Ohio Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Park Ohio can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
When determining whether Park Ohio Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Park Ohio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Park Ohio Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Park Ohio Holdings Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Ohio Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Park Ohio. If investors know Park will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Park Ohio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 0.5 | Earnings Share 3.34 | Revenue Per Share 130.779 | Quarterly Revenue Growth (0) |
The market value of Park Ohio Holdings is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Ohio's value that differs from its market value or its book value, called intrinsic value, which is Park Ohio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Park Ohio's market value can be influenced by many factors that don't directly affect Park Ohio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Park Ohio's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Park Ohio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Ohio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.