Park National Corporation

Company Profile

Park National Corporation had its IPO on 1991-05-08 under the ticker symbol PRK.

The company operates in the Financial Services sector and Banks-Regional industry. Park National Corporation has a staff strength of 1,632 employees.

Stock update

Shares of Park National Corporation opened at $99.92 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $99.52 - $103.16, and closed at $100.52.

This is a +0.39% increase from the previous day's closing price.

A total volume of 38,637 shares were traded at the close of the day’s session.

In the last one week, shares of Park National Corporation have slipped by -2.96%.

Park National Corporation's Key Ratios

Park National Corporation has a market cap of $1.62 billion, indicating a price to book ratio of 2.2261 and a price to sales ratio of 4.7585.

In the last 12-months Park National Corporation’s revenue was $482.85 million with a gross profit of $478.44 million and an EBITDA of $0. The EBITDA ratio measures Park National Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Park National Corporation’s operating margin was 36.82% while its return on assets stood at 1.42% with a return of equity of 13.14%.

In Q2, Park National Corporation’s quarterly earnings growth was a negative -7.6% while revenue growth was a positive 1.7%.

Park National Corporation’s PE and PEG Ratio

Forward PE

16.4474

Trailing PE

11.6566

PEG

4.82

Its diluted EPS in the last 12-months stands at $8.59 per share while it has a forward price to earnings multiple of 16.4474 and a PEG multiple of 4.82. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Park National Corporation’s profitability.

Park National Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 4.7585.

Park National Corporation stock pays annual dividends of $4.18 per share, indicating a yield of 4.19% and a payout ratio of 54.53%.

Balance sheet and cash flow metrics

Total Assets

$9.90 billion

Total Liabilities

$147.96 million

Operating Cash Flow

$-80689000.00

Capital Expenditure

$1.37 million

Dividend Payout Ratio

54.53%

Park National Corporation ended 2024 with $9.90 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.90 billion while shareholder equity stood at $1.09 billion.

Park National Corporation ended 2024 with $0 in deferred long-term liabilities, $147.96 million in other current liabilities, 460578000.00 in common stock, $876.83 million in retained earnings and $159.60 million in goodwill. Its cash balance stood at $230.40 million and cash and short-term investments were $230.40 million. The company’s total short-term debt was $143,914,000 while long-term debt stood at $332.82 million.

Park National Corporation’s total current assets stands at $230.40 million while long-term investments were $1.76 billion and short-term investments were $1.67 billion. Its net receivables were $36.42 million compared to accounts payable of $4.05 million and inventory worth $0.

In 2024, Park National Corporation's operating cash flow was $-80689000.00 while its capital expenditure stood at $1.37 million.

Comparatively, Park National Corporation paid $0.55 in dividends in 2024.

Other key metrics

Current Trading Price

$100.52

52-Week High

$147.3679

52-Week Low

$89.3756

Analyst Target Price

$110

Park National Corporation stock is currently trading at $100.52 per share. It touched a 52-week high of $147.3679 and a 52-week low of $147.3679. Analysts tracking the stock have a 12-month average target price of $110.

Its 50-day moving average was $104.69 and 200-day moving average was $115.32 The short ratio stood at 27.45 indicating a short percent outstanding of 0%.

Around 242.2% of the company’s stock are held by insiders while 5361.8% are held by institutions.