Company profile

Ticker
PKOH
Exchange
Website
CEO
Matthew V. Crawford
Employees
Incorporated in
Location
Fiscal year end
Former names
Park Ohio Industries Inc
SEC CIK
IRS number
346520107

PKOH stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

12 Mar 20
4 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 379.5M 403.4M 415.3M 420.1M
Net income 7.6M 12.2M 7.6M 11.2M
Diluted EPS 0.61 0.99 0.61 0.9
Net profit margin 2.00% 3.02% 1.83% 2.67%
Operating income 17.5M 23.8M 19.3M 22.5M
Net change in cash 6.2M 4.5M -2.2M -8.2M
Cash on hand 56M 49.8M 45.3M 47.5M
Cost of revenue 317.2M 336.9M 349.1M 354.8M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 1.62B 1.66B 1.41B 1.28B
Net income 38.6M 53.6M 28.6M 31.7M
Diluted EPS 3.12 4.28 2.3 2.58
Net profit margin 2.39% 3.23% 2.02% 2.48%
Operating income 83.1M 97.3M 83.8M 63M
Net change in cash 300K -27.1M 18.5M 2.3M
Cash on hand 56M 55.7M 82.8M 64.3M
Cost of revenue 1.36B 1.39B 1.18B 1.08B

Financial data from Park-Ohio earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
26 Mar 20 Fogarty Patrick W Common Stock Buy Aquire P 17 2,000 34K 81,067
18 Mar 20 Rosen Steven H Common Stock Buy Aquire P 12.16 1,000 12.16K 24,080
18 Mar 20 John D Grampa Common Stock Buy Aquire P 13.2687 5,000 66.34K 7,000
16 Mar 20 Romney Ronna Common Stock Buy Aquire P 16.143 1,000 16.14K 15,625
16 Mar 20 Vilsack Robert D Common Stock Buy Aquire P 13 1,000 13K 117,918
16 Mar 20 Vilsack Robert D Common Stock Buy Aquire P 13.1 1,000 13.1K 116,918
16 Mar 20 Vilsack Robert D Common Stock Buy Aquire P 13.12 362 4.75K 115,918
16 Mar 20 Vilsack Robert D Common Stock Buy Aquire P 13.14 208 2.73K 115,556
16 Mar 20 Vilsack Robert D Common Stock Buy Aquire P 16 300 4.8K 112,168
16 Mar 20 Vilsack Robert D Common Stock Buy Aquire P 13.2 241 3.18K 115,159
54.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 106 101 +5.0%
Opened positions 17 8 +112.5%
Closed positions 12 10 +20.0%
Increased positions 33 42 -21.4%
Reduced positions 30 24 +25.0%
13F shares
Current Prev Q Change
Total value 562.13M 3.36B -83.3%
Total shares 6.82M 6.89M -1.1%
Total puts 0 0
Total calls 6.3K 5 +125900.0%
Total put/call ratio
Largest owners
Shares Value Change
Dimensional Fund Advisors 922.22K $31.03M -0.0%
GBL Gamco Investors, Inc. Et Al 762.88K $25.67M +0.3%
Private Management 747.94K $25.17M -0.4%
BLK BlackRock 624.37K $21.01M -1.9%
Vanguard 416.76K $14.02M +9.3%
Gabelli Funds 407.9K $13.73M 0.0%
LSV Asset Management 333.13K $11.21M -0.4%
TETAB Teton Advisors 215.43K $7.25M 0.0%
STT State Street 171.6K $5.77M +3.6%
Foundry Partners 159.41K $5.36M +9.1%
Largest transactions
Shares Bought/sold Change
Foresters Investment Management 0 -123.7K EXIT
Renaissance Technologies 12.18K -48.62K -80.0%
Vanguard 416.76K +35.34K +9.3%
Arrowstreet Capital, Limited Partnership 28.52K +28.52K NEW
MS Morgan Stanley 38.22K +27.73K +264.5%
ZPR Investment Management 0 -24.4K EXIT
Mackay Shields 47.08K -23.9K -33.7%
WFC Wells Fargo & Co. 25.02K -18.59K -42.6%
Millennium Management 27.88K +18.57K +199.3%
Gsa Capital Partners 17.33K +17.33K NEW

Financial report summary

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Risks
  • The industries in which we operate are cyclical and are affected by the economy in general.
  • Adverse credit market conditions may significantly affect our access to capital, cost of capital and ability to meet liquidity needs.
  • Adverse global economic conditions may have significant effects on our customers and suppliers that could result in material adverse effects on our business and operating results.
  • Adverse global economic conditions may have significant effects on our customers that would result in our inability to borrow or to meet our debt service coverage ratio in our revolving credit facility.
  • Because a significant portion of our sales is to the automotive and heavy-duty truck industries, a decrease in the demand of these industries or the loss of any of our major customers in these industries could adversely affect our financial health.
  • Our Supply Technologies customers are generally not contractually obligated to purchase products and services from us.
  • We are dependent on key customers.
  • We operate in highly competitive industries.
  • The loss of key executives could adversely impact us.
  • We may encounter difficulty in expanding our business through targeted acquisitions.
  • Our Supply Technologies business depends upon third parties for substantially all of our component parts.
  • The raw materials used in our production processes and by our suppliers of component parts are subject to price and supply fluctuations that could increase our costs of production and adversely affect our results of operations.
  • The energy costs involved in our production processes and transportation are subject to fluctuations that are beyond our control and could significantly increase our costs of production.
  • Potential product liability risks exist from the products that we sell.
  • Some of our employees belong to labor unions, and strikes or work stoppages could adversely affect our operations.
  • We operate and source internationally, which exposes us to the risks of doing business abroad.
  • U.S. federal income tax reform could adversely affect us.
  • We are subject to significant environmental, health and safety laws and regulations and related compliance expenditures and liabilities.
  • Operating problems in our business may materially adversely affect our financial condition and results of operations.
  • We have a significant amount of goodwill, and any future goodwill impairment charges could adversely impact our results of operations.
  • Our Chairman of the Board, Chief Executive Officer and President and former President collectively beneficially own a significant portion of Holdings’ outstanding common stock and their interests may conflict with yours.
  • Our business and operating results may be adversely affected by natural disasters, other catastrophic events or public health issues, all of which are beyond our control.
  • The insurance that we maintain may not fully cover all potential expenses.
  • Uncertainty relating to the calculation of London Interbank Offered Rate (“LIBOR”) and other reference rates and their potential discontinuance may adversely affect interest expense related to our outstanding debt, including amounts borrowed under our revolving credit facility.
Management Discussion
  • Net sales were down 4% in 2019 compared to 2018 due primarily to lower customer demand in certain end markets, including the Company's semiconductor market, which was down 13%; the Company's agricultural and industrial equipment market, which was down 15%; and the Company's consumer products market, which was down 19%. These decreases were offset by higher customer demand in the Company’s truck and truck-related market, which was up 9%; and the Company’s aerospace and defense market, which was up 7%.
  • Segment operating income and operating income margin were down $7.0 million and 80 basis points, respectively, in 2019 compared to 2018. These decreases were due primarily to lower profit flow-through from the lower sales volumes; unfavorable sales mix; an increase in product costs from both general inflation and tariffs; and $0.6 million of non-recurring costs related to plant closure and consolidation.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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