Park-Ohio Hldgs Corp Stock Price, News & Analysis

ParkOhio (NASDAQ: PKOH) has scheduled its Second Quarter 2025 Results Conference Call for Thursday, August 7, 2025, at 10:00 a.m. Eastern Time. The webcast will be accessible via a provided link, and for those unable to attend live, a recording will be available on the company's website.

ParkOhio operates as a diversified international company with over 130 manufacturing sites and supply chain logistics facilities across three segments: Supply Technologies, Assembly Components, and Engineered Products. The company specializes in supply chain management outsourcing, capital equipment for production lines, and manufactured components.

ParkOhio Holdings (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on its common stock. The dividend will be paid on August 15, 2025, to shareholders of record as of August 1, 2025.

ParkOhio operates as a diversified international company providing supply chain management outsourcing services, capital equipment, and manufactured components. The company maintains approximately 130 manufacturing sites and supply chain logistics facilities worldwide across three segments: Supply Technologies, Assembly Components, and Engineered Products.

ParkOhio (NASDAQ: PKOH) has priced a $350 million senior secured notes offering due 2030. The notes were priced at 99.500% of par with an 8.500% annual interest rate. The offering includes first-priority liens on U.S. equipment and second-priority liens on other U.S. assets securing the revolving credit facility.

The company plans to use the proceeds, along with cash on hand, to redeem all $350 million of its outstanding 6.625% Senior Notes due 2027. The offering is expected to close on July 31, 2025, subject to customary conditions. The notes will be offered only to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

Park-Ohio Industries (NASDAQ: PKOH) has announced plans to offer $350 million in senior secured notes due 2030. The notes will be senior obligations of the company, backed by first-priority liens on U.S. equipment and second-priority liens on other U.S. assets.

The company plans to use the proceeds, along with cash on hand, to redeem all $350 million of its outstanding 6.625% Senior Notes due 2027. Additionally, Park-Ohio intends to amend its revolving credit facility to extend its maturity date by five years from the closing of the amendment.

ParkOhio (NASDAQ: PKOH) has released preliminary financial results for Q2 2025. The company expects total net sales between $400 million and $410 million and Adjusted EBITDA between $34 million and $37 million for the quarter ended June 30, 2025.

The company notes these figures are preliminary, unaudited estimates subject to change pending final financial closing procedures and adjustments. ParkOhio emphasizes that Adjusted EBITDA, while useful for assessing operating performance, is a non-GAAP measure and should not be considered an alternative to GAAP metrics.

ParkOhio (NASDAQ: PKOH) reported its Q1 2025 results with net sales of $405.4 million, down from $417.6 million in Q1 2024. The company's GAAP EPS from continuing operations decreased to $0.61 from $0.83 year-over-year, while adjusted EPS fell to $0.66 from $0.85. EBITDA declined to $33.9 million from $37.8 million. The company's performance varied across segments: Supply Technologies saw sales decline to $187.8M, Assembly Components decreased to $96.9M, while Engineered Products grew 6.3% to $120.7M. Despite challenges, ParkOhio maintains its 2025 outlook with expected net sales of $1.6-1.7 billion and adjusted EPS of $3.00-3.50.

ParkOhio (NASDAQ: PKOH) has scheduled its First Quarter 2025 Results Conference Call for Wednesday, May 7, 2025, at 10:00 a.m. Eastern Time. The webcast will be accessible live over the Internet, and for those unable to attend, an archive will be available at pkoh.com.

ParkOhio operates as a diversified international company with over 130 manufacturing sites and supply chain logistics facilities across three segments: Supply Technologies, Assembly Components, and Engineered Products. The company provides supply chain management outsourcing services, capital equipment for production lines, and manufactured components for product assembly to world-class customers.

ParkOhio Holdings Corp. (NASDAQ: PKOH) has announced its quarterly dividend payment of $0.125 per share on common stock. The dividend will be paid on May 16, 2025, to shareholders of record as of May 2, 2025.

ParkOhio operates as a diversified international company with approximately 130 manufacturing sites and supply chain logistics facilities worldwide. The company operates through three segments: Supply Technologies, Assembly Components, and Engineered Products, providing supply chain management outsourcing, capital equipment, and manufactured components.

ParkOhio (NASDAQ: PKOH) reported its Q4 and full-year 2024 results, showing mixed performance. Q4 net sales from continuing operations reached $388 million, with GAAP EPS of $0.41 per diluted share compared to $0.54 in Q4 2023. Adjusted EPS increased 24% to $0.67.

For full-year 2024, the company achieved net sales of $1.656 billion, with gross margin improving 60 basis points to 17.0%. GAAP EPS rose to $3.19 per diluted share from $2.72 in 2023, while adjusted EPS grew 17% to $3.59. EBITDA improved 13% to $152 million.

The company's Supply Technologies segment saw a 2% increase in Q4 sales to $181.8 million, driven by strong aerospace and defense demand. Assembly Components experienced lower sales at $89.7 million, while Engineered Products posted a 2% increase to $116.9 million.

For 2025, ParkOhio expects 2-4% sales growth with improvements in adjusted operating income, net income, EBITDA, and free cash flow.