The price of PKOH is predicted to go up 0.53%, based on the high correlation periods with EQC. The similarity of these two price pattern on the periods is 91.3%.

PKOH

EQC

Up: 0.53%Similarity: 91.3%

PKOH Revenue Forecast

PKOH EPS Forecast

PKOH FAQs

What is bull’s view on PKOH?

Park-Ohio Holdings (PKOH) is currently trading with bullish potential due to its strong 2024 outlook. The company expects adjusted EPS growth of over 10% and EBITDA to rise by 12%, supported by operational improvements and investments in high-margin sectors like aerospace and defense. With a forward yield of 1.73% and consistent dividend payouts, PKOH's stock could target $25-$30 in the near term, reflecting its growth trajectory and improved liquidity.

What is bear's view on PKOH?

PKOH stock may face bearish pressure due to its flat revenue growth in Q3 2024 ($418M, -0.2% YoY) and missed estimates by $20.7M, coupled with rising interest costs ($12.1M). Despite improved gross margins (17.3%, +60 bps YoY), challenges in certain segments like assembly components (-8% YoY) and higher debt levels could weigh on investor sentiment. A potential downside target could be $15-$16 if these headwinds persist.