Park Electrochemical Corp (NYSE:PKE) files its latest 10-K with SEC for the fiscal year ended on February 28, 2017. Park Electrochemical Corp develops, manufactures, markets and sells digital and radio frequency microwave printed circuit materials products for the telecommunications and internet infrastructure and high-end computing markets. Park Electrochemical Corp has a market cap of $355.320 million; its shares were traded at around $17.56 with a P/E ratio of 38.17 and P/S ratio of 2.89. The dividend yield of Park Electrochemical Corp stocks is 2.26%.
For the last quarter Park Electrochemical Corp reported a revenue of $27.6 million, compared with the revenue of $35.76 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $114.6 million, a decrease of 21.4% from the previous year. For the last five years Park Electrochemical Corp had an average revenue decline of 8.8% a year.
The reported diluted earnings per share was 45.9 cents for the year, a decline of 48.4% from the previous year. The Park Electrochemical Corp had an operating margin of 8.72%, compared with the operating margin of 14.4% a year before. The 10-year historical median operating margin of Park Electrochemical Corp is 14.22%. The profitability rank of the company is 5 (out of 10).
which stock to buy today: DBV Technologies S.A.(DBVT)
- [By Monica Gerson]
DBV Technologies SA ADR (NASDAQ: DBVT) is expected to post a quarterly loss at $0.60 per share.
Northern Technologies International Corp (NASDAQ: NTIC) is projected to post its quarterly earnings.
which stock to buy today: Six Flags Entertainment Corporation New(SIX)
- [By WWW.THESTREET.COM]
In the Lightning Round, Cramer was bullish on Cara Therapeutics (CARA) , Verizon (VZ) , Radius Health (RDUS) and Six Flags (SIX) .
Cramer was bearish on Hertz Global Holdings (HTZ) , General Motors (GM) , Pandora Media (P) , Cedar Fair (FUN) , Quotient Technology (QUOT) and Rite Aid (RAD) .
- [By WWW.THESTREET.COM]
That’s not to say the consumer never leaves the house, but when they do, they shop for their homes at Home Depot (HD) and Home Goods, the TJX Stores (TJX) chain that’s knocking it out of the park. The consumer is also visiting theme parks like Six Flags (SIX) and Walt Disney (DIS) and they’re also going on Carnival Cruises (CCL) .
- [By Lee Jackson]
Six Flags Entertainment Inc. (NYSE: SIX) also recently had a large buyer acquiring more shares of the company. CEO and the President John Duffey bought a total of 25,000 shares of the theme park giant at $59.93 per share. The total for the trade was posted at $1,498,198. The stock closed last Friday at $59.96. The 52-week range for the shares is $45.24 to $62.69. The consensus price target is $62.43.
- [By WWW.THESTREET.COM]
All is not lost for retail, however. Cramer continued to recommend the closeout and discount chains like TJX Stores (TJX) , Ollie’s Bargain Outlet (OLLI) and Burlington Stores (BURL) . He was also bullish on those who cater to the millennials, like Six Flags (SIX) , Dave & Busters (PLAY) and Foot Locker (FL) , where trying on shoes never seems to go out of style.
which stock to buy today: Molex Incorporated(MOLX)
- [By Shauna O’Brien]
Shares of electronic connector maker Molex Incorporated (MOLX) skyrocketed on Monday morning after reports that the company will be acquired by Koch Industries.
Koch Industries has agreed to acquire Molex for a total of $7.2 billion. This deal will include all outstanding shares of the company’s Common Stock, Class A Common Stock and Class B Common Stock for $38.50 per share.
The deal has been approved by the board of directors of both companies. Molex will continue to maintain its current management team and its current headquarters in Lisle, IL.
Molex shares were up $9.15, or 31.17%, during Monday morning trading. The stock is up 41% YTD.
which stock to buy today: Universal Health Services, Inc.(UHS)
- [By Ben Levisohn]
Universal Health Services (UHS), yesterday’s biggest loser, soared to the top of the S&P 500 today as it rebounded from the massive selloff.
Agence France-Presse/Getty Images
Universal Health Servicesgained 6.9% to $108.57 today, while the S&P 500 rose 0.4% to 2,262.03.
Weakness in Universal Health Services began when Buzzfeed ran an article last week, contending the companys psychiatric hospitals put profits ahead of people. Yesterday, it tumbled when Raymond James cut its rating on the stock due to problems that could be caused by a potential Senate investigation.
Universal Health Services’ market capitalization rose to $10.5 today from $9.8 billion yesterday, nearly recouping its drop from $10.6 billion on Dec. 13.
It reported net income of $680 million on sales of $9 billion in 2015.
- [By Ben Levisohn]
Universal Health Services (UHS) slumped to the bottom of the S&P 500 today after getting downgraded by Raymond James.
Universal Health Servicesdropped 6.8% to $101.55 today, while the S&P 500 fell 0.8% to 2,253.28.
Raymond James analyst John Ransom and team explain why they cut Universal Health Services to Market Perform from Outperform:
We are lowering our rating onUniversal Health Services to a Market Perform (from an Outperform) due to an escalation in events surrounding last weeks Buzzfeed article. Last Friday (12/9), Senator Grassley, Chair of the Judiciary Committee, sent a letter…to the office of inspector general regarding details of the current federal investigation into Universal Health Services. Specifically, the letter rehashes the Buzzfeed article and requests an update on the investigation by Dec. 23. Our view is that – even ifUniversal Health Services management is correct on the legalities – we think the entrance of the venerable Senator Grassley into the mix takes the political risk to a more dangerous level. Plus – even if “suicide ideation” doesn’t generate additional revenues per admission, we think it’s possible that the heightened political scrutiny could invite more caution and/or red tape into the admissions process – eith er externally or from self-policing. Add in the ongoing OIG investigation, and we think the risk-reward is no longer compelling.
Universal Health Services’ market capitalization fell to $9.8 billion today from $10.6 billion yesterday. It reported net income of $680 million on sales of $9 billion in 2015.
- [By Benzinga News Desk]
Goldman Sachs (NYSE: GS) has at least one billion reasons to hope President Trump’s paring back of Dodd-Frank will include the Volcker Rule: Link
ECONOMIC DATA 10:30 a.m. Dallas Fed Manufacturing Business Index 11:30 a.m. 6-Month Bill Auction 11:30 a.m. 3-Month Bill Auction 1 p.m. 2-Year Note Auction 1:15 p.m. Chicago Fed President Evans Speaks 6:30 p.m. FOMC Member Kaplan Speaks ANALYST RATINGS Piper Jaffray upgraded Best Buy Co (NYSE: BBY) from Neutral to Overweight Wells Fargo upgraded Allscripts Healthcare (NASDAQ: MDRX) from Market Perform to Outperform Mizuho upgraded Universal Health Service (NYSE: UHS) from Neutral to Buy Piper Jaffray downgraded The Michaels Companies (NASDAQ: MIK) from Overweight to Neutral JMP Securities downgraded KB Home (NYSE: KBH) from Market Outperform to Market Perform Raymond James downgraded Sierra Wireless Inc. (NASDAQ: SWIR) from Outperform to Market Perform
This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here or email email@example.com.
- [By Ben Levisohn]
Universal Health Services (UHS) tumbled to the bottom of the S&P 500 today after BuzzFeed published an investigative story alleging that the company’s psychiatric hospitals put profits ahead of people.
Shares of Universal Health Services dropped 12% to$111.30 today, while the S&P 500 rose 1.3% to 2,241.35, a record high.
Universal Health Services’ stock had been minding its business for most of the day–it was up 1.1% at $127.76 at 3:10 p.m. today–when the story by BuzzFeed’s Rosalind Adams went live. Here’s the gist:
Millwood Hospital is part of Americas largest psychiatric hospital chain, Universal Health Services, or UHS. Its more than 200 psychiatric facilities across the country admitted nearly 450,000 patients last year. The result was almost $7.5 billion in revenues from inpatient care last year and profit margins of around 30%. More than a third of the companys overall revenue from both medical hospitals and psychiatric facilities comes from taxpayers through Medicare and Medicaid.
A yearlong BuzzFeed News investigation based on interviews with 175 current and former UHS staff, including 18 executives who ran UHS hospitals; more than 120 additional interviews with patients, government investigators, and other experts; and a cache of internal documents raises grave questions about the extent to which those profits were achieved at the expense of patients.
Universal Health Services market capitalization dropped to $10.7 billion today from $12.3 billion yesterday. It reported net income of $680 million on sales of $9 billion in 2015.
- [By David Zeiler]
Fear that expense could return if Obamacare is repealed hammered hospital stocks on Nov. 9. HCA Holdings Inc. (NYSE: HCA) fell almost 11%. Universal Health Services Inc. (NYSE: UHS) slipped nearly 7%. And Tenet Healthcare Corp. (NYSE: THC) plummeted almost 25%.
- [By Paul Ausick]
Universal Health Services Inc. (NYSE: UHS) lost 8.4% Wednesday to post a new 52-week low of $1/99.81 after closing Tuesday at $108.99. The 52-week high is $139.77. Volume of around 5.8 million was nearly 6 times the daily average of around 1 million shares traded. Raymond James downgraded the stock this morning on news of another request for information from the company related to a federal investigation.