Welcome to our dedicated page for Park Aerospace news (Ticker: PKE), a resource for investors and traders seeking the latest updates and insights on Park Aerospace stock.
Company Overview
Park Aerospace Corp (PKE) is a publicly traded company that specializes in the design, development, and manufacturing of engineered composite materials and assemblies for the aerospace market. Leveraging advanced composite technologies and state-of-the-art manufacturing practices, the company delivers high-performance composite structures, tooling for prototypes, and low-volume production solutions that serve critical aerospace applications. With deep expertise in polymer chemistry formulation and coating technology, Park Aerospace has carved a niche in producing materials that combine strength, efficiency, and durability for aircraft structures and interiors.
Core Competencies and Operational Expertise
The company’s operational framework is built on a strong foundation of engineering excellence and material science know-how. Its core competencies include:
- Advanced Composite Development: Utilizing innovative polymer formulations to produce high-performance prepregs and composite materials that meet stringent aerospace standards.
- Precision Manufacturing: Through its advanced manufacturing facilities, the company produces composite structures and assemblies tailored for the aerospace industry, emphasizing accuracy and quality in every process.
- Tooling and Prototype Engineering: The firm offers specialized low-volume tooling solutions and prototype tooling designed to support the unique demands of aerospace design and production cycles.
- Research and Development: With dedicated R&D centers, the company continually refines its processes and materials, ensuring progressive improvements in composite technology and maintaining competitive technical expertise.
Global Footprint and Market Presence
Park Aerospace operates an extensive network of manufacturing and R&D facilities strategically located in key markets. In North America, the company commands a significant presence, which is complemented by facilities across Asia and Europe. This geographic diversity enables the company to serve a wide array of aerospace customers with tailored solutions while optimizing production and distribution processes.
Manufacturing Excellence and R&D Capabilities
At the heart of Park Aerospace Corp is a commitment to manufacturing excellence. The company has invested in state-of-the-art facilities equipped to handle complex composite manufacturing processes. These facilities are augmented by multiple research and development centers that focus on enhancing composite material formulations, improving structural designs, and integrating innovative coating technologies. This dual approach of proven production methods combined with continuous innovation underlines the company’s technical expertise and dedication to quality.
Competitive Landscape and Industry Positioning
Within the aerospace market, Park Aerospace is recognized for its specialized focus on composite materials. The company’s products are critical components in aerospace applications, from interior assemblies to structural elements within aircraft. While competition in the aerospace composite sector is robust, Park Aerospace distinguishes itself with its integrated approach to design, material science, and production. This integrated model not only enhances product reliability but also offers a consistent quality benchmark amid a competitive landscape characterized by rapid technological advancements and evolving production needs.
Business Model and Value Proposition
The business model of Park Aerospace Corp is built on delivering engineered solutions that meet the rigorous demands of aerospace applications. The company generates revenue through the direct sale of composite materials, assemblies, and bespoke tooling solutions. Its customer base predominantly consists of aerospace manufacturers and engineering firms that require advanced composite products capable of withstanding high-performance demands. The company’s value proposition is anchored in its ability to combine innovative material science with precision engineering to yield products that offer exceptional durability, performance, and compliance with aerospace industry standards.
Technical Innovation and Quality Assurance
Innovation is a central theme at Park Aerospace Corp. The company’s research teams are continuously engaged in developing next-generation composite materials, exploring advanced synthesis routes in polymer chemistry, and optimizing coating processes. These innovations are backed by rigorous quality assurance protocols that ensure each product meets exacting aerospace standards. Through this meticulous approach, the company builds trust with its partners and stakeholders by delivering reliable, high-quality solutions that contribute to enhanced aircraft performance and safety.
Conclusion
Overall, Park Aerospace Corp stands as a technically proficient and internationally recognized manufacturer in the aerospace composites sector. Its comprehensive portfolio, ranging from advanced composite prepregs to engineered tooling solutions, reflects a deep commitment to quality, innovation, and customer-specific problem solving. By maintaining a robust global presence and continuously advancing its technical capabilities, the company reinforces its role as an essential player in the aerospace industry, dedicated solely to feeding the evolving needs of modern aviation and aerospace manufacturing.
Park Aerospace Corp. (NYSE:PKE) has declared a regular quarterly cash dividend of $0.125 per share, payable May 2, 2025, to shareholders of record on April 2, 2025. The company highlights its impressive 40-year track record of uninterrupted quarterly dividends, having distributed $601.1 million in cash dividends ($29.35 per share) since fiscal year 2005.
Based on the March 6, 2025 closing price of $13.46, the current yield of Park's $0.50 annual dividend stands at 3.71%. Park Aerospace specializes in developing advanced composite materials for aerospace applications, including film adhesives and lightning strike protection materials used in various aircraft components from commercial jets to military aircraft and UAVs.
Park Aerospace Corp. (NYSE:PKE) has announced the election of Constantine ('Gus') Petropoulos as Senior Vice President-Administration and General Counsel. Petropoulos, who will report to Chairman and CEO Brian E. Shore, returns to Park after previously serving in the same role from 2014 to 2021.
Petropoulos brings extensive legal experience, having most recently served as Partner at Hughes, Hubbard & Reed from 2021 to 2024. His prior experience includes positions at Scientific Games , Coca-Cola HBC SA, and Latham & Watkins.
Park Aerospace specializes in developing and manufacturing advanced composite materials for aerospace markets, including film adhesives and lightning strike protection materials. The company produces components for jet engines, aircraft, UAVs, and rocket motors, focusing on challenging projects that others might avoid.
Park Aerospace (NYSE: PKE) announced that with today's regular cash dividend payment of $0.125 per share, the company has reached a significant milestone of $601.1 million in total cash dividends paid since the beginning of its 2005 fiscal year, equivalent to $29.35 per share. The dividend was declared on December 9, 2024, for shareholders of record as of January 3, 2025.
The company has maintained 40 consecutive years of regular quarterly cash dividends without ever missing a payment or reducing the dividend amount, even during challenging times such as 9/11, the Dot Com collapse, and the pandemic. Park Aerospace specializes in developing and manufacturing advanced composite materials for the global aerospace markets, including film adhesives and lightning strike protection materials used in various aircraft applications.
Park Aerospace Corp. (NYSE:PKE) has issued a correction regarding inaccurate reporting by independent transcription services and news articles about its FY2025 Q3 investor conference call and presentation held on January 14, 2025. Several AI-generated transcriptions and subsequent news articles incorrectly interpreted references to product 'requalification' as product 'recall'.
The company emphasizes that no product recalls were mentioned during the conference call or presentation. While product requalification is described as a common and benign event in the aerospace industry, a recall carries potentially negative implications. Park Aerospace clarifies that the term 'recall' was never used during the investor call or in the presentation.
The company manufactures advanced composite materials for aerospace markets, including film adhesives and lightning strike protection materials, serving various aircraft applications from commercial to military and UAVs.
Park Aerospace Corp. (NYSE:PKE) reported its fiscal 2025 third quarter results, showing net sales of $14.4 million for the quarter ended December 1, 2024, up from $11.6 million in the same quarter last year but down from $16.7 million in Q2 FY2025. Net earnings for Q3 FY2025 were $1.6 million ($0.08 per share), compared to $1.2 million ($0.06 per share) in Q3 FY2024.
For the first nine months of FY2025, net sales reached $45.1 million, up from $39.7 million in the same period last year. Nine-month net earnings were $4.6 million, slightly down from $4.8 million year-over-year. The company recorded $1.1 million in pre-tax charges related to storm damage at its Newton, Kansas facilities during the first nine months of FY2025.
Park Aerospace Corp. (NYSE: PKE) has announced that Chairman and CEO Brian E. Shore will deliver a presentation at the 27th Annual Needham Growth Conference on Thursday, January 16, 2025, at 2:15 p.m. EST. The presentation will be conducted virtually and will be accessible via live audio webcast.
Investors can access the presentation materials starting at 8:30 a.m. EST on the same day through Park's website and the conference link. The webcast replay will remain available for 90 days.
Park Aerospace specializes in developing and manufacturing advanced composite materials for the global aerospace industry, including Aeroadhere® film adhesives and Electroglide® lightning strike protection materials. The company's products are used in various applications, from jet engines to military aircraft and UAVs. Park also offers custom composite parts fabrication and focuses on taking on challenging projects that others might avoid.
Park Aerospace Corp. (NYSE: PKE) has announced it will release its financial results for the fiscal year 2025 third quarter, which ended December 1, 2024. The results will be published after the New York Stock Exchange closes on Tuesday, January 14, 2025. Following the release, the company will host a conference call at 5:00 p.m. EST on the same day to discuss the quarterly results.
Park Aerospace Corp (NYSE: PKE) has declared a regular quarterly cash dividend of $0.125 per share, payable February 4, 2025, to shareholders of record as of January 3, 2025. The company has maintained 39 consecutive years of uninterrupted quarterly dividends without reductions. Since the beginning of fiscal year 2005, Park has distributed approximately $599 million in cash dividends ($29.225 per share) and will exceed $600 million after the February 2025 payment.
Park Aerospace develops and manufactures advanced composite materials for global aerospace markets, including film adhesives and lightning strike protection materials. Their products are used in primary and secondary structures for various aircraft types, including jet engines, transport aircraft, military aircraft, UAVs, and business jets.
Park Aerospace Corp. (NYSE-PKE) reported its fiscal year 2025 second quarter results, ending September 1, 2024. Key highlights include:
- Net sales of $16,709,000, up from $12,481,000 in Q2 FY2024
- Net earnings of $2,066,000, compared to $1,746,000 in Q2 FY2024
- Basic and diluted earnings per share of $0.10, up from $0.09 in Q2 FY2024
- Adjusted EBITDA of $3,206,000, increased from $2,669,000 in Q2 FY2024
For the first six months of FY2025, Park reported net sales of $30,679,000 and net earnings of $3,059,000. The company recorded pre-tax charges related to storm damage to its Newton, Kansas facilities. A conference call to discuss the results is scheduled for 5:00 p.m. EDT today.
Park Aerospace Corp. (NYSE: PKE) has announced the date for its fiscal year 2025 second quarter earnings release. The company will disclose its financial results for the quarter ended September 1, 2024 after the New York Stock Exchange closes on Tuesday, October 15, 2024. Following the release, Park Aerospace will host a conference call at 5:00 p.m. EDT on the same day to discuss the quarterly results with investors and analysts.
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