Based on the analysis of Park Ohio's profitability, liquidity, and operating efficiency, Park Ohio Holdings is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in March. As of now, Park Ohio's Total Current Liabilities is increasing as compared to previous years. The Park Ohio's current Total Stockholder Equity is estimated to increase to about 338.6 M, while Common Stock Shares Outstanding is projected to decrease to under 11.2 M. Key indicators impacting Park Ohio's financial strength include:
The essential information of the day-to-day investment outlook for Park Ohio includes many different criteria found on its balance sheet. An individual investor should monitor Park Ohio's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Park Ohio.
Park Ohio competes with Hurco Companies, Enerpac Tool, China Yuchai, Luxfer Holdings, and Omega Flex. Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. Park-Ohio Holdings Corp. was founded in 1907 and is headquartered in Cleveland, Ohio. Park Ohio operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 6900 people.
Comparative valuation techniques use various fundamental indicators to help in determining Park Ohio's current stock value. Our valuation model uses many indicators to compare Park Ohio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Park Ohio competition to find correlations between indicators driving Park Ohio's intrinsic value. More Info.
Park Ohio Holdings is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Park Ohio Holdings is roughly 3.10 . As of now, Park Ohio's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Park Ohio's earnings, one of the primary drivers of an investment's value.
Park Ohio's Earnings Breakdown by Geography
Park Ohio Holdings Systematic Risk
Park Ohio's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Park Ohio volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Park Ohio Holdings correlated with the market. If Beta is less than 0 Park Ohio generally moves in the opposite direction as compared to the market. If Park Ohio Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Park Ohio Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Park Ohio is generally in the same direction as the market. If Beta > 1 Park Ohio moves generally in the same direction as, but more than the movement of the benchmark.
Park Ohio Thematic Clasifications
Park Ohio Holdings is part of several thematic ideas from Farming to Fabricated Products. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Park Ohio Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Park Ohio's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Park Ohio growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Park Ohio help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Park Ohio Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Park Ohio Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Park Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Park Ohio's daily price indicators and compare them against related drivers.
When running Park Ohio's price analysis, check to measure Park Ohio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Park Ohio is operating at the current time. Most of Park Ohio's value examination focuses on studying past and present price action to predict the probability of Park Ohio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park Ohio's price. Additionally, you may evaluate how the addition of Park Ohio to your portfolios can decrease your overall portfolio volatility.