Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $50.00 USD
Change Today +0.02 / 0.04%
Volume 19.4K
PKOH On Other Exchanges
Symbol
Exchange
Berlin
As of 2:26 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

park-ohio holdings corp (PKOH) Snapshot

Open
$50.00
Previous Close
$49.98
Day High
$50.65
Day Low
$49.49
52 Week High
12/30/14 - $65.24
52 Week Low
10/8/14 - $44.77
Market Cap
624.8M
Average Volume 10 Days
33.0K
EPS TTM
$3.73
Shares Outstanding
12.5M
EX-Date
02/19/15
P/E TM
13.4x
Dividend
$0.50
Dividend Yield
1.01%
Current Stock Chart for PARK-OHIO HOLDINGS CORP (PKOH)

Related News

No related news articles were found.

park-ohio holdings corp (PKOH) Related Businessweek News

No Related Businessweek News Found

park-ohio holdings corp (PKOH) Details

Park-Ohio Holdings Corp., through its subsidiaries, operates as an industrial supply chain logistics and diversified manufacturing company in the United States, Canada, Europe, Asia, Mexico, and other countries. The company operates in three segments: Supply Technologies, Assembly Components, and Engineered Products. The Supply Technologies segment provides engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, delivery, electronic billing, and technical support services. This segment also offers valves, electro-mechanical hardware, fittings, and steering components; and engineers and manufactures precision cold formed and cold extruded products consisting of locknuts, SPAC nuts, and wheel hardware. This segment serves customers in heavy-duty truck; automotive, truck, and vehicle parts; power sports and recreational equipment; bus and coaches; electrical distribution and controls; agricultural and construction equipment; consumer electronics; HVAC; lawn and garden; semiconductor equipment; aerospace and defense; and plumbing. The Assembly Components segment manufactures cast and machined aluminum components, automotive and industrial rubber, thermoplastic products, gasoline direct injection systems, fuel fillers, and hydraulic assemblies for automotive, agricultural equipment, construction equipment, heavy-duty truck, and marine equipment industries. This segment also offers design and engineering, machining, and assembly services. The Engineered Products segment is involved in the engineering, construction, service, and repair of induction heating and melting systems to component manufacturers and original equipment manufacturers (OEMs) in the ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive, truck, construction equipment, and oil and gas industries. Park-Ohio Holdings Corp. was founded in 1961 and is headquartered in Cleveland, Ohio.

6,000 Employees
Last Reported Date: 03/16/15
Founded in 1961

park-ohio holdings corp (PKOH) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $750.0K
President, Chief Operating Officer, Director ...
Total Annual Compensation: $1.0M
Chief Financial Officer and Vice President
Total Annual Compensation: $685.0K
Secretary and General Counsel
Total Annual Compensation: $630.0K
Director of Corporate Development
Total Annual Compensation: $591.3K
Compensation as of Fiscal Year 2014.

park-ohio holdings corp (PKOH) Key Developments

Park-Ohio seeks Acquisitions

Edward F. Crawford, Chairman and Chief Executive Officer of Park-Ohio Holdings Corp. (NasdaqGS:PKOH) said, "We continue to execute our previously announced N5 plan through organic growth and strategic acquisitions."

ParkOhio Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2015

ParkOhio reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, net sales were $373.0 million, an increase of $63.6 million, or 21%, from net sales of $309.4 million for the fourth quarter of 2013. Operating income was $23.2 million against $19.3 million last year. Income from continuing operations before income taxes was $16.5 million against $12.8 million last year. Net income from continuing operations was $11.2 million against $9.4 million last year. ParkOhio reported net income attributable to ParkOhio common shareholders of $10.7 million, or $0.86 per diluted share, for the fourth quarter of 2014. This is compared to net income attributable to ParkOhio common shareholders of $8.9 million, or $0.72 per diluted share, for the fourth quarter of 2013. Earnings from continuing operations attributable to ParkOhio common shareholders, which excludes the impact of the loss from discontinued operations in 2013, increased 16% to $0.86 per diluted share in the fourth quarter of 2014 from $0.74 per diluted share in the fourth quarter of 2013. As adjusted earnings increased 6% in the fourth quarter of 2014 to $0.90 per diluted share compared to $0.85 per diluted share in the fourth quarter of 2013. In addition, EBITDA, as defined was $31.7 million during the fourth quarter of 2014 and increased 17% compared to EBITDA, as defined of $27.0 million during the fourth quarter of 2013. As adjusted earnings were $11.2 million against $10.5 million last year. As the company projected, operating cash flows were very strong in the fourth quarter with $20.1 million of operating cash flows generated in the quarter. Net capital expenditures were $11.9 million in the fourth quarter of 2014. For the year, net sales were $1,378.7 million for 2014, an increase of $175.5 million, or 15%, from net sales of $1,203.2 million in 2013. Operating income was $97.9 million against $85.6 million last year. Income from continuing operations before income taxes was $71.8 million against $60.3 million last year. Net income from continuing operations was $46.9 million against $40.9 million last year. ParkOhio reported net income attributable to ParkOhio common shareholders of $45.6 million, or $3.68 per diluted share. This compares to net income attributable to ParkOhio common shareholders of $43.4 million, or $3.56 per diluted share, for 2013, which included the impact of the net gain of $3.0 million, or $0.25 per diluted share, from discontinued operations, net of taxes. Earnings from continuing operations attributable to ParkOhio common shareholders, which excludes the impact of the gain from discontinued operations, increased 11% to $3.68 per diluted share in 2014 compared to $3.31 per diluted share in 2013. As adjusted earnings increased 5% in 2014 to $3.84 per diluted share compared to $3.66 per diluted share in 2013. In addition, EBITDA, as defined was $128.3 million for 2014 and increased 11% compared to EBITDA, as defined of $115.8 million for 2013. As adjusted earnings were $47.5 million against $44.7 million last year. Net cash provided by operating activities was $53.6 million against $60.3 million last year. Purchases of property, plant and equipment was $25.8 million against $30.1 million last year. For the year ending December 31, 2015, the company currently forecast consolidated revenues to increase approximately 14% over 2014 revenues. The company forecasts earnings from continuing operations attributable to ParkOhio common shareholders to be in the range of $4.30 per diluted share to $4.70 per diluted share. The company forecasts as adjusted earnings to be in the range of $4.32 per diluted share to $4.72 per diluted share. In addition, it is forecasting EBITDA, as defined to be in the range of $145.0 million to $152.5 million for the year ended December 31, 2015. The company expects net income from continuing operations in the range of $54.2 million to $59.2 million or $4.37 per diluted share to $4.77 per diluted share, earnings from continuing operations attributable to ParkOhio common shareholders in the range of $53.3 million to $58.3 million and as adjusted earnings in the range of $53.5 million to $58.5 million. The company forecasting its capital spending for 2015 to total between $40 million and $45 million with the majority of the spending representing growth capital, primarily for the Assembly Components and Engineered Products segments. This is a significant increase to its historical annual capital spend rates and is a reflection of its growing portfolio businesses and some very large individual projects coming to fruition in 2015. The company expects depreciation and amortization to be approximately $29 million. Finally, the company is forecasting its effective tax rate to be 35.3%.

Park-Ohio Holdings Corp., Q4 2014 Earnings Call, Mar 16, 2015

Park-Ohio Holdings Corp., Q4 2014 Earnings Call, Mar 16, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PKOH:US $50.00 USD +0.02

PKOH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Anixter International Inc $73.97 USD +0.45
Bossard Holding AG SFr.119.95 CHF 0.00
Martinrea International Inc C$12.31 CAD -0.035
Owens & Minor Inc $33.24 USD -0.47
WESCO International Inc $70.01 USD +0.10
View Industry Companies
 

Industry Analysis

PKOH

Industry Average

Valuation PKOH Industry Range
Price/Earnings 13.6x
Price/Sales 0.4x
Price/Book 3.3x
Price/Cash Flow 13.7x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PARK-OHIO HOLDINGS CORP, please visit www.pkoh.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.