Park National (NYSE:PRK) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Park National (NYSE:PRK – Get Rating) in a research report released on Thursday. The brokerage issued a sell rating on the stock.

Park National Price Performance

NYSE:PRK opened at $122.90 on Thursday. The firm has a 50-day moving average of $128.78. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.18. Park National has a 12 month low of $111.45 and a 12 month high of $151.59. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 15.35 and a beta of 0.74.

Park National (NYSE:PRK – Get Rating) last released its quarterly earnings data 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 net margin of 28.85% and a return on equity of 12.83%. The company had revenue of $121.00 million during the quarter, compared to analysts’ expectations of $126.90 million. Equities analysts anticipate that Park National will post 8.67 EPS for the current 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.