Analyzing Park Electrochemical Corp. (PKE) & The Competition
Park Electrochemical Corp. (NYSE: PKE) is one of 24 public companies in the “Integrated Circuits” industry, but how does it weigh in compared to its competitors? We will compare Park Electrochemical Corp. to similar companies based on the strength of its institutional ownership, dividends, risk, profitability, analyst recommendations, valuation and earnings.
Earnings & Valuation
This table compares Park Electrochemical Corp. and its competitors revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Park Electrochemical Corp.||$111.31 million||$12.43 million||60.90|
|Park Electrochemical Corp. Competitors||$619.23 million||$157.39 million||19.15|
Park Electrochemical Corp.’s competitors have higher revenue and earnings than Park Electrochemical Corp.. Park Electrochemical Corp. is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Park Electrochemical Corp. pays an annual dividend of $0.40 per share and has a dividend yield of 2.1%. Park Electrochemical Corp. pays out 129.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Integrated Circuits” companies pay a dividend yield of 0.7% and pay out 24.8% of their earnings in the form of a dividend.
Risk and Volatility
Park Electrochemical Corp. has a beta of 0.87, meaning that its share price is 13% less volatile than the S&P 500. Comparatively, Park Electrochemical Corp.’s competitors have a beta of 0.81, meaning that their average share price is 19% less volatile than the S&P 500.
This is a breakdown of current recommendations and price targets for Park Electrochemical Corp. and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Park Electrochemical Corp.||0||0||1||0||3.00|
|Park Electrochemical Corp. Competitors||71||399||934||58||2.67|
Park Electrochemical Corp. currently has a consensus price target of $22.00, indicating a potential upside of 16.53%. As a group, “Integrated Circuits” companies have a potential upside of 2.37%. Given Park Electrochemical Corp.’s stronger consensus rating and higher probable upside, research analysts plainly believe Park Electrochemical Corp. is more favorable than its competitors.
Institutional and Insider Ownership
81.7% of Park Electrochemical Corp. shares are held by institutional investors. Comparatively, 56.2% of shares of all “Integrated Circuits” companies are held by institutional investors. 8.0% of Park Electrochemical Corp. shares are held by insiders. Comparatively, 14.3% of shares of all “Integrated Circuits” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
This table compares Park Electrochemical Corp. and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Park Electrochemical Corp.||1.74%||1.15%||0.68%|
|Park Electrochemical Corp. Competitors||-7.81%||-8.78%||-2.97%|
Park Electrochemical Corp. beats its competitors on 10 of the 15 factors compared.
About Park Electrochemical Corp.
Park Electrochemical Corp. is a global advanced materials company. The Company develops, manufactures, markets and sells digital and radio frequency (RF)/microwave printed circuit materials products principally for the telecommunications and Internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling products for the aerospace markets. The Company operates through integrated business units in Asia, Europe and North America. The Company’s manufacturing facilities are located in Singapore, France, Kansas, Arizona and California. The Company also maintains research and development facilities in Arizona, Kansas and Singapore. The Company’s foreign operations are conducted principally by the Company’s subsidiaries in Singapore and France.
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