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.
Park Aerospace Corp (symbol: PKE) is a globally recognized leader in advanced materials, specializing in the development and manufacture of high-technology digital and RF/microwave printed circuit materials. These materials are essential for the telecommunications and internet infrastructure, along with high-end computing markets. The company also excels in producing advanced composite materials, parts, and assemblies specifically for the aerospace industry.
Park Aerospace Corp's core competencies lie in polymer chemistry formulation and coating technology. Their manufacturing capabilities are spread across various locations including Singapore, France, Kansas, Arizona, and California. The company maintains R&D facilities in Arizona, Kansas, and Singapore, ensuring continuous innovation and advancement in their specialized fields.
The company's sole operating segment is Aerospace, where it designs, develops, and manufactures engineered advanced composite materials, structures, and assemblies. This includes low-volume and prototype tooling for aerospace applications. Park Aerospace Corp offers a range of products such as Advanced Composite Prepregs for Aircraft Structures and Interiors, Sigma Strut, and Alpha Strut.
Geographically, Park Aerospace Corp generates the majority of its revenue from North America, with notable business operations in Asia and Europe.
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Park Aerospace Corp. celebrates its 40th anniversary of listing on the New York Stock Exchange. The company's shares started trading under the ticker symbol PKE on April 25, 1984. Park Aerospace Corp. develops and manufactures advanced composite materials for the aerospace industry, offering a range of products for various aircraft applications.
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Park Aerospace Corp. announced the election of Chris Goldner as Vice President-Finance and the planned retirement of Matt Farabaugh as CFO. Chris will succeed Matt as the principal financial officer. Park Aerospace Corp. is a company that develops and manufactures advanced composite materials for the aerospace industry.
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Park Aerospace Corp. (NYSE-PKE) commemorates 70 years since its founding by Jerry Shore and Tony Chiesa. Despite humble beginnings, the company has shown resilience and growth over the years, emphasizing self-sufficiency during challenging times. The founders' decision to start Park with their savings from War Duty pay in 1954 has led to a successful journey. Brian Shore, the current Chairman and CEO, acknowledges the founders' dedication and the company's evolution, highlighting the initial sales and profit figures.
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Park Aerospace Corp. (PKE) declares a regular quarterly dividend of $0.125 per share, continuing its streak of 39 years of uninterrupted dividends. The company has paid $591 million in cash dividends since 2005, focusing on advanced composite materials for aerospace markets.
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Park Aerospace Corp. (NYSE – PKE) announced that Brian E. Shore, the Company’s Chairman and Chief Executive Officer, will speak at the 26th Annual Needham Growth Conference. Park Aerospace Corp. develops and manufactures advanced composite materials for the global aerospace markets, including film adhesives, lightning strike protection materials, and specialty ablative materials. The company also offers composite parts, structures, and assemblies for the aerospace industry.
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Park Aerospace Corp. (PKE) reported net sales of $11,639,000 for the 2024 fiscal year third quarter ended November 26, 2023 compared to $13,867,000 for the 2023 fiscal year third quarter ended November 27, 2022. Net earnings for the 2024 fiscal year third quarter were $1,203,000 compared to $2,230,000 for the 2023 fiscal year third quarter. The company's Adjusted EBITDA for the 2024 fiscal year third quarter was $1,808,000 compared to $3,321,000 for the 2023 fiscal year third quarter. Park Aerospace Corp. develops and manufactures advanced composite materials for the global aerospace markets.
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Park Aerospace Corp. (NYSE - PKE) plans to release its financial results for its 2024 fiscal year third quarter and conduct a conference call to discuss such results. The company develops and manufactures advanced composite materials used in the global aerospace markets.
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Park Aerospace Corp. (NYSE – PKE) declares a regular quarterly dividend of $0.125 per share, continuing its streak of 38 years of uninterrupted dividend payments. The company has paid approximately $588 million in cash dividends since 2005. Park develops and manufactures advanced composite materials for the global aerospace markets, including film adhesives, lightning strike protection materials, and specialty ablative materials. They also offer composite parts, structures, and assemblies for the aerospace industry.
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Park Aerospace Corp. (NYSE-PKE) reported net sales of $12,481,000 for the 2024 fiscal year second quarter, a decrease compared to the previous year. Net earnings for the quarter were $1,746,000. Adjusted EBITDA for the quarter was $2,669,000. The company will conduct a conference call to discuss its financial results.
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Park Aerospace Corp. plans to release its financial results for Q2 2024, ending August 27, 2023, on October 5, 2023. A conference call to discuss the results will be held on the same day. The company develops and manufactures composite materials for aerospace markets.
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FAQ
What is the current stock price of Park Aerospace (PKE)?
The current stock price of Park Aerospace (PKE) is $14.71 as of November 15, 2024.
What is the market cap of Park Aerospace (PKE)?
The market cap of Park Aerospace (PKE) is approximately 291.4M.
What does Park Aerospace Corp specialize in?
Park Aerospace Corp specializes in advanced materials, including digital and RF/microwave printed circuit materials, and composite materials for the aerospace industry.
Where are Park Aerospace Corp's manufacturing facilities located?
Park Aerospace Corp's manufacturing facilities are located in Singapore, France, Kansas, Arizona, and California.
What types of products does Park Aerospace Corp offer?
The company offers Advanced Composite Prepregs for Aircraft Structures and Interiors, Sigma Strut, and Alpha Strut.
Which markets does Park Aerospace Corp primarily serve?
Park Aerospace Corp primarily serves the telecommunications, internet infrastructure, high-end computing, and aerospace markets.
Does Park Aerospace Corp have R&D facilities?
Yes, Park Aerospace Corp maintains R&D facilities in Arizona, Kansas, and Singapore.
Which geographical regions contribute most to Park Aerospace Corp's revenue?
The majority of Park Aerospace Corp's revenue is derived from North America, with additional operations in Asia and Europe.
What are the core capabilities of Park Aerospace Corp?
Park Aerospace Corp's core capabilities include polymer chemistry formulation and coating technology.
What is the primary operating segment of Park Aerospace Corp?
The primary operating segment of Park Aerospace Corp is Aerospace.
Does Park Aerospace Corp design and manufacture tooling?
Yes, Park Aerospace Corp designs and manufactures low-volume and prototype tooling for aerospace applications.
What recent financial information is available for Park Aerospace Corp?
Recent financial information includes comparative balance sheets and statements of operations, along with reconciliations of non-GAAP financial measures.
Park Aerospace Corp.
NYSE:PKE
PKE Rankings
PKE Stock Data
291.38M
19.96M
9.29%
79.35%
1.01%
Aerospace & Defense
Aircraft Parts & Auxiliary Equipment, Nec
United States of America
MELVILLE