Park National (NYSE:PRK) Sets New 12-Month Low at $111.45

Park National Co. (NYSE:PRK – Get Rating)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $111.45 and last traded at $116.62, with a volume of 16763 shares changing hands. The stock had previously closed at $121.17.

Analysts Set New Price Targets

Separately, StockNews.com cut Park National from a “hold” rating to a “sell” rating in a research report on Tuesday, January 10th.

Park National Stock Up 0.9 %

The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 13.29 and a beta of 0.74. The company’s 50-day moving average is $130.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.86 and a quick ratio of 0.86.

Park National (NYSE:PRK – Get Rating) last issued its quarterly earnings results on Monday, January 23rd. The company reported $1.94 EPS for the quarter, missing the consensus estimate of $2.51 by ($0.57). Park National had a return on equity of 12.83% and a net margin of 28.85%. The firm had revenue of $121.00 million for the quarter, compared to analysts’ expectations of $126.90 million. As a group, equities analysts predict that Park National Co. will post 8.67 earnings per share for the current fiscal year.

Park National Company Profile

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Park National Corp. is a holding company, which engages in the provision of banking and non-banking financial services through its subsidiaries. It operates through the following segments: Park National Bank (PNB), Guardian Financial Services Company (GFSC), and All Other. The PNB segment provides general banking and trust services in Ohio, Kentucky, North Carolina, and South Carolina.