Park Electrochemical Corporation (NYSE: PKE) is one of 24 publicly-traded companies in the “Integrated Circuits” industry, but how does it weigh in compared to its rivals? We will compare Park Electrochemical Corporation to similar companies based on the strength of its earnings, risk, profitability, analyst recommendations, dividends, valuation and institutional ownership.
This table compares Park Electrochemical Corporation and its rivals’ net margins, return on equity and return on assets.
This is a summary of recent recommendations and price targets for Park Electrochemical Corporation and its rivals, as provided by MarketBeat.com.
Park Electrochemical Corporation presently has a consensus price target of $22.00, indicating a potential upside of 16.83%. As a group, “Integrated Circuits” companies have a potential upside of 3.18%. Given Park Electrochemical Corporation’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Park Electrochemical Corporation is more favorable than its rivals.
Park Electrochemical Corporation pays an annual dividend of $0.40 per share and has a dividend yield of 2.1%. Park Electrochemical Corporation 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.
Earnings and Valuation
This table compares Park Electrochemical Corporation and its rivals revenue, earnings per share and valuation.
Park Electrochemical Corporation’s rivals have higher revenue and earnings than Park Electrochemical Corporation. Park Electrochemical Corporation is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
81.7% of Park Electrochemical Corporation shares are held by institutional investors. Comparatively, 59.9% of shares of all “Integrated Circuits” companies are held by institutional investors. 8.0% of Park Electrochemical Corporation shares are held by company insiders. Comparatively, 15.5% of shares of all “Integrated Circuits” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Risk & Volatility
Park Electrochemical Corporation has a beta of 0.87, indicating that its stock price is 13% less volatile than the S&P 500. Comparatively, Park Electrochemical Corporation’s rivals have a beta of 0.81, indicating that their average stock price is 19% less volatile than the S&P 500.
Park Electrochemical Corporation beats its rivals on 10 of the 15 factors compared.
About Park Electrochemical Corporation
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.