Park Ohio Holdings Stock Buy Hold or Sell Recommendation
| PKOH Stock | USD 26.65 0.46 1.76% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Park Ohio Holdings is 'Cautious Hold'. Macroaxis provides Park Ohio buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PKOH positions. The advice algorithm takes into account all of Park Ohio's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Park Ohio's buy or sell advice are summarized below:
Real Value 25.95 | Target Price 31 | Hype Value 26.65 | Market Value 26.65 | Naive Value 25.46 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Park Ohio Holdings given historical horizon and risk tolerance towards Park Ohio. When Macroaxis issues a 'buy' or 'sell' recommendation for Park Ohio Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
Park |
Execute Park Ohio Buy or Sell Advice
The Park recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Park Ohio Holdings. Macroaxis does not own or have any residual interests in Park Ohio Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Park Ohio's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Park Ohio Trading Alerts and Improvement Suggestions
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| On 17th of May 2024 Park Ohio paid $ 0.125 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Park-Ohio Holdings shareholders have earned a 73 percent return over the last year |
Park Ohio Returns Distribution Density
The distribution of Park Ohio's historical returns is an attempt to chart the uncertainty of Park Ohio's future price movements. The chart of the probability distribution of Park Ohio daily returns describes the distribution of returns around its average expected value. We use Park Ohio Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Park Ohio returns is essential to provide solid investment advice for Park Ohio.
| Mean Return | 0.13 | Value At Risk | -3.44 | Potential Upside | 3.53 | Standard Deviation | 2.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Park Ohio historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Park Stock 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 originates 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 | Cm Wealth Advisors Llc | 2023-12-31 | 117.6 K | Arnhold & S. Bleichroeder Advisers, Llc | 2024-03-31 | 111.5 K | Prescott Group Capital Management Llc | 2023-12-31 | 110 K | American Century Companies Inc | 2024-03-31 | 97.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 97.3 K | Jb Capital Partners Lp | 2023-12-31 | 76.9 K | Northern Trust Corp | 2023-12-31 | 68 K | Los Angeles Capital Management Llc | 2024-03-31 | 55.5 K | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 50.7 K | Private Management Group Inc | 2023-12-31 | 981.4 K | Gamco Investors, Inc. Et Al | 2023-12-31 | 954.2 K |
Park Ohio Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 300K | (1M) | (900K) | 4.1M | (3.4M) | (3.2M) | |
| Free Cash Flow | 23.6M | 43M | (74.4M) | (53.5M) | 22.3M | 23.4M | |
| Depreciation | 34.2M | 35.8M | 38.7M | 30.2M | 31.7M | 20.1M | |
| Other Non Cash Items | 1.1M | (300K) | (10.1M) | (2.4M) | (4.7M) | (4.5M) | |
| Capital Expenditures | 40.1M | 26.3M | 31.1M | 26.9M | 28.2M | 22.7M | |
| Net Income | 39.7M | (4.8M) | (26M) | 11.4M | 34M | 35.7M | |
| End Period Cash Flow | 56M | 55M | 54.1M | 58.2M | 54.8M | 35.2M | |
| Change To Inventory | (7.2M) | 18.5M | (71.2M) | (56M) | (1.3M) | (1.4M) | |
| Dividends Paid | 6.9M | 6.4M | 7M | 3.2M | (7.4M) | (7.0M) | |
| Change Receivables | 6.5M | 16.7M | (8.4M) | (23.2M) | (20.9M) | (19.8M) | |
| Net Borrowings | (4.5M) | (36.8M) | 72.4M | 84.7M | 76.2M | 80.0M | |
| Change To Netincome | 900K | 11.2M | (14.1M) | (12M) | (10.8M) | (10.3M) | |
| Investments | (48.2M) | (24.9M) | (16.2M) | (40.7M) | (22.8M) | (23.9M) |
Park Ohio Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Park Ohio or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Park Ohio's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Park stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | 0.60 | |
σ | Overall volatility | 2.42 | |
Ir | Information ratio | 0.02 |
Park Ohio Volatility Alert
Park Ohio Holdings currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Park Ohio's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Park Ohio's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Park Ohio Fundamentals Vs Peers
Comparing Park Ohio's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Park Ohio's direct or indirect competition across all of the common fundamentals between Park Ohio and the related equities. This way, we can detect undervalued stocks with similar characteristics as Park Ohio or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Park Ohio's fundamental indicators could also be used in its relative valuation, which is a method of valuing Park Ohio by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Park Ohio to competition |
| Fundamentals | Park Ohio | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0418 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 990.6 M | 16.62 B |
| Shares Outstanding | 13.07 M | 571.82 M |
| Shares Owned By Insiders | 34.91 % | 10.09 % |
| Shares Owned By Institutions | 51.59 % | 39.21 % |
| Number Of Shares Shorted | 182.79 K | 4.71 M |
| Price To Earning | 25.13 X | 28.72 X |
| Price To Book | 1.18 X | 9.51 X |
| Price To Sales | 0.20 X | 11.42 X |
| Revenue | 1.66 B | 9.43 B |
| Gross Profit | 210.5 M | 27.38 B |
| EBITDA | 121.6 M | 3.9 B |
| Net Income | 34 M | 570.98 M |
| Cash And Equivalents | 61.1 M | 2.7 B |
| Cash Per Share | 5.10 X | 5.01 X |
| Total Debt | 687.8 M | 5.32 B |
| Debt To Equity | 2.31 % | 48.70 % |
| Current Ratio | 2.37 X | 2.16 X |
| Book Value Per Share | 23.41 X | 1.93 K |
| Cash Flow From Operations | 50.5 M | 971.22 M |
| Short Ratio | 9.37 X | 4.00 X |
| Earnings Per Share | 2.94 X | 3.12 X |
| Price To Earnings To Growth | 1.09 X | 4.89 X |
| Target Price | 31.0 | |
| Number Of Employees | 6.3 K | 18.84 K |
| Beta | 1.21 | -0.15 |
| Market Capitalization | 348.34 M | 19.03 B |
| Total Asset | 1.34 B | 29.47 B |
| Retained Earnings | 240.1 M | 9.33 B |
| Working Capital | 460.8 M | 1.48 B |
Note: Acquisition by Auletta Patrick V of tradable shares of Park Ohio subject to Rule 16b-3 [view details]
Park Ohio Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Park . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Park Ohio Buy or Sell Advice
When is the right time to buy or sell Park Ohio Holdings? Buying financial instruments such as Park Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 665.7M | 720.9M | 687.8M | 722.2M | Total Assets | 1.4B | 1.4B | 1.3B | 679.8M |
Use Investing Ideas to Build Portfolios
In addition to having Park Ohio in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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Check out Park Ohio Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Park Stock analysis
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.
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Is Park Ohio's industry 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 0.594 | Dividend Share 0.5 | Earnings Share 2.94 | Revenue Per Share 133.954 | Quarterly Revenue Growth (0.01) |
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.
Please note, there is a significant difference between Park Ohio's value and its price as these two are different measures arrived at by different 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.